EMCORE Corporation

Headquartered in Albuquerque, New Mexico, EMKR designs, develops, and manufactures a broad portfolio of compound semiconductor-based products for the broadband, fiber optics, satellite, and solar power markets.  Its Fiber Optics segment offers optical components, subsystems, and systems that enable the transmission of video, voice, and data over fiber optics cables for high-speed data and telecommunications, CATV, and FTTP networks.  Its Photovoltaics segment provides solar products for both satellite and terrestrial applications.

Company Details:

Company Symbol: EMKR
Sector: Semiconductors
Company Rating:
URL: http://www.emcore.com

Related Research

  • 08/04/17 Update EMKR ($9.95, Neutral; $10.50 PT): F3Q Sales Beat on Continued CATV Momentum; Outlook Below on Conservatism; Lowering PT from $12.00 to $10.50; Maintain Neutral
  • 08/04/17 Morning Note B. Riley AM Note: ABTL, ACIA, ACLS, AIRG (transition), CALD, CAMT, CARB, CSOD, DCO, EMKR, IDSY, III, IMMR, INFN, ITI, LFGR, MCHP, NPTN, PCOM, PCTI, PFSW, RLH, TACT, TIVO, TNAV, TREC, UEIC, VERI (transition), WEB, YELP
  • 08/01/17 Update Optical Components - Earnings Previews: OCLR, EMKR, NPTN, ACIA, and INFN
  • 08/01/17 Morning Note B. Riley AM Note: CAMT, BLKB, DCO, GRPN, HSKA, IVAC, NSIT, RLH, ROG, RTEC, SIMO, TIVO, XOXO; Focus List Update (BV, CARB, DHX.B, KTOS, LITE, MRVL, OOMA, PRMW, TRUE), Optical Components (ACIA, EMKR, INFN, NPTN, OCLR)
  • 06/29/17 Morning Note B. Riley AM Note: CSGP, EMKR (downgrade), FORM, GRPN (upgrade), KLIC, MBUU, SIMO, SQNS, TIVO
  • 06/29/17 Update EMKR ($11.50, Neutral; $12.00 PT): Downgrading From Buy to Neutral Based on Valuation and CATV Uncertainties; Maintaining Estimates and PT of $12.00
  • 05/05/17 Update EMKR ($9.65, Buy; $12.00 PT): Broad Strength Drives F2Q Beat; CATV Visibility Improves In Outlook; Raising Estimates and PT from $11.50 to $12.00, Maintain Buy
  • 05/05/17 Morning Note B. Riley AM Note: ABTL, ACLS, ARTX, BCOV, CALD, CARB, CTSO, DCO (upgrade), EMKR, IDSY, IMMR, INFN, KEM, KTOS, LFGR, LITE, NCMI, NLST, NTCT, PCMI, REIS, SENS, TREC, TST, TUES, UEIC, WEB; Exhibitors (AMC, CNK, IMAX, MCS, RDI, RGC)
  • 05/02/17 Update Industry Update - Optical Components Earnings Previews: LITE, EMKR, and INFN
  • 05/02/17 Morning Note B. Riley AM Note: BLKB, DCO, HEAR, IDSY, IMMR, IVAC, JIVE (downgrade), KEM, KTOS, NCMI, NSIT, RLH, RTEC, STMP, TACT, TRUE, TUES, WEYS; May Focus List Update (BV, CARB, DKS, IMAX, KTOS, LITE, MPAA, MRVL, OOMA, TRUE), Optical Components (EMKR, INFN, LITE)
  • 02/08/17 Morning Note B. Riley AM Note: AKAM, CALD, COTY, DHX, EMKR, EVLV, FARM, IMMR, IPHI, LITE, MCHP, SKX; The Weiser Consumer (EL, FLWS, FTD, MAT, NWL, PBH, TUP)
  • 02/08/17 Research Review EMKR ($9.45, Buy; $11.50 PT): CATV Driven F1Q Beat; OM Targets in Sight for FY17; Raising Estimates and PT from $10.00 to $11.50; Maintain Buy
  • 02/02/17 Morning Note B. Riley AM Note: ACLS, BRKS, CSGP, DHX, EMKR, EXAR, GSM, IVAC (upgrade), MBUU, RCKY (downgrade), RELY, SLAB, SRI, TUP, ZUMZ
  • 02/02/17 Update EMKR ($8.85, Buy; $10.00 PT): Earnings Preview: Driven by CATV, Expect F1Q/F2Q Results/Outlook to be In Line; Maintain Buy
  • 12/08/16 Update EMKR ($8.45, Buy; $10.00 PT): Strong CATV Drives a Beat-and-Raise; OM Expansion to Continue; Raising Estimates and PT from $7.00 to $10.00
  • 12/08/16 Morning Note B. Riley AM Note: AMC, EKSO, EMKR, IL, ON, TRUE
  • 12/06/16 Update EMKR ($6.60, Buy; $7.00 PT): Earnings Preview: Driven by CATV, Expect F4Q/F1Q Results/Outlook to be In Line; Maintain Buy
  • 12/06/16 Morning Note B. Riley AM Note: ACLS, CIEN, DCO (downgrade), EMKR, FNSR; The Weiser Consumer (AVP, CLX, FTD, TUP)
  • 08/05/16 Update EMKR ($5.26, Buy; $7.00 PT): F3Q/F4Q Results/Outlook Below/In Line as CATV Surges While GPON Falters; Maintaining FY17 EPS Estimate and PT of $7.00; Buy
  • 08/05/16 Morning Note B. Riley AM Note: ABTL, CBR, CSOD, CVU, DCO, DMD, EMKR, FTD, HEAR, IDSY, IEC, III, IMMR, ITI, KE, KTOS, KW, LGF, LIOX, MRVL, MWW, NMRX, NVDA, PBH, PFSW, REIS, TACT, TREC, TROX, TRUE, UEIC; Internet (APPS, NAME, YELP), Optical Components (IPHI, LITE, NPTN)
  • 08/02/16 Morning Note B. Riley AM Note: AMC, BLKB, CBR, CKEC, CROX, CVU, EMKR, FTD, IDTI, IMMR, IVAC, KE, LIOX, LLNW, NLS, PBH, SBH, TST, XOXO
  • 08/02/16 Update EMKR ($5.10, Buy; $7.00 PT): Earnings Preview: Expect F3Q/F4Q Results/Outlook to be In Line; Reducing PT from $8.50 to $7.00 to Adjust for Special Dividend
  • 05/06/16 Update EMKR ($5.77, Buy; $8.50 PT): F2Q a Miss, but Strong Bookings Provide Nice Tailwind into F3Q; Lowering Estimates and PT from $9.00 to $8.50; Maintain Buy
  • 05/06/16 Morning Note B. Riley AM Note: ABTL, CAMT, CBR, DWA, EMKR, FARM, FTD, GUID, HEAR, IDSY, IMMR, KE, LIOX, MCFT, MWW, NMRX, NTCT, PCTI, RDNT, RNWK, TREC, TROX, TRUE, UEIC, WEB, YELP
  • 05/05/16 Morning Note B. Riley AM Note: ACW, AOSL, CLX, CSOD, DTSI, EL, EMKR, GDDY, HDSN, III, KE, KLIC, KTOS, LITE, MBUU, MCHP, NCMI, NSSC, OCLR, PCOM, PFSW, SPA, SRI, TACT, TST, VSAT, WEYS, XOXO, ZUMZ
  • 05/04/16 Update EMKR ($5.68, Buy; $9.00 PT): Earnings Preview: Driven by Robust GPON, Expect F2Q/F3Q Results/Outlook to be In Line; Sumitomo Overhang Lifted; Reiterate Buy
  • 02/05/16 Update EMKR ($5.92, Buy; $9.00 PT): Mixed F1Q/F2Q Results/Outlook; GPON Price Adjustments Worse Than Expected; Lowering Estimates and PT from $9.25 to $9.00; Maintain Buy Based on Valuation
  • 02/04/16 Morning Note B. Riley AM Note: BLKB, CALD, COTY, CSCD, DECK, EMKR, FORM, HZO, KE, LGF, LITE, MFLX, OUTR, PBH, UTEK, VSAT, VVI
  • 02/03/16 Update EMKR ($5.79, Buy; $9.25 PT): Earnings Preview: Driven by Robust GPON, Expect F1Q/F2Q Results/Outlook to be In Line; Reiterate Buy
  • 02/03/16 Morning Note B. Riley AM Note: ACLS, BHE, BOOT, CLX, EL, EMKR, OCLR, ON, PBH, RDEN, RGC, RNWK, ROVI, SBH, TNAV, VIAV, VVI, YELP, YHOO; The Weiser Consumer (AVP, FLWS, IPAR, KMB, MAT, NWL, PG, TUP)
  • 02/01/16 Update B. Riley & Co. February Focus List Update: BV, CHKE, EMKR, FLWS, IMAX, ISIL, KTOS, MMW, RUBI, TNAV
  • 01/25/16 Update B. Riley & Co. January Focus List Update: CHKE, DMRC, EMKR, FLWS, GUID, IMAX, ISIL, KTOS, MMW, RUBI
  • 01/04/16 Morning Note B. Riley AM Note: ACW, BOOT, COLM, DECK, DWA, IMAX, RCKY, SRI, UA, VFC, WWW; Box Office, January Focus List Update (CHKE, DMRC, EMKR, FTD, GUID, IMAX, ISIL, KTOS, MWW, RUBI)
  • 01/04/16 Update B. Riley & Co. January Focus List: CHKE, DMRC, EMKR, FTD, GUID, IMAX, ISIL, KTOS, MWW, RUBI
  • 12/09/15 Morning Note B. Riley AM Note: AXTI, EMKR, FC, FNSR, JBL, MEI, ON; Retail Surveys (COLM, DECK, NKE, RCKY, VFC, WWW)
  • 12/09/15 Update EMKR ($7.43, Buy; $9.25 PT): Solid F4Q/F1Q Results/Outlook; Lowering/Maintaining FY16/FY17 EPS Estimates and Raising PT from $9.00 to $9.25; Maintain Buy
  • 12/08/15 Morning Note B. Riley AM Note: CIEN, EMKR, GIG, MRVL, OCLR, OUTR, PCMI
  • 12/07/15 Update EMKR ($8.23, Buy; $9.00 PT): Earnings Preview: Expect In Line F4Q/F1Q Results/Outlook
  • 11/13/15 Update B. Riley & Co. November Focus List Update: CHKE, EMKR, FTD, GUID, IMAX, ISIL, KTOS, MWW, RUBI, SRI
  • 11/09/15 Update B. Riley & Co. November Focus List Update: CHKE, EMKR, FTD, GUID, ISIL, KTOS, MWW, RLD, RUBI, SRI
  • 11/06/15 Morning Note B. Riley AM Note: ABTL, AOSL, BRKS, CALD, CNK, COTY, CROX, CVU, DMD, DWA, EMKR, EXAR, FARM, GSM, KE, KTOS, KW, LITE, NVDA, PBH, PLXS, RELY, RNWK, STMP, SWKS, TACT, TROX, TRUE, UEIC; Internet (APPS, NAME)
  • 11/06/15 Update EMKR ($7.03, Buy; $9.00 PT): Strong Preliminary F4Q Results as Laser Chip Sales Doubled Q-o-Q; Raising Estimates and PT from $8.00 to $9.00; Reiterate Buy
  • 11/02/15 Update B. Riley & Co. November Focus List: CHKE, EMKR, GUID, ISIL, KTOS, MWW, NTRI, RLD, RUBI, SRI
  • 10/02/15 Morning Note B. Riley AM Note: ABTL, CAMP, CLX, EVOL, JAKK, LOV, ROG, SNDK, TYL; October Focus List (CHKE, EMKR, GUID, ISIL, KTOS, MWW, NTRI, RLD, RUBI, SRI), Hardlines (AMZN, BBY, CONN, EBAY, GME, HGG, NILE, ODP, OSTK, PYPL, SPLS)
  • 10/02/15 Update B. Riley & Co. October Focus List: CHKE, EMKR, GUID, ISIL, KTOS, MWW, NTRI, RLD, RUBI, SRI
  • 09/01/15 Morning Note B. Riley & Co. AM Note: BV, CIEN, RLD, RUBI, TIVO; September Focus List: CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI
  • 09/01/15 Update B. Riley & Co. September Focus List: CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI
  • 08/19/15 Morning Note B. Riley & Co. AM Note: ADI, EMKR, KTCC, SSI; The Weiser Consumer (COTY, EL, FLWS, FTD, NWL, PG, PRGO)
  • 08/05/15 Morning Note Morning Notes: ACLS, BOOT, CLRO, CSOD, DRAD, DWA, ELNK, EMKR, EVOL, EXAR, HGG, IIVI, KLIC, LITE, NAME, NTCT, ODP, OSTK, PBH, PCOM, PCTI, PRMW, RDEN, RLD, STMP, TREC, TROX, UEIC, UNTD, VIAV, ZUMZ; The Weiser Consumer (AVP, CL, CLX, NTRI, NWL, PG, PRGO)
  • 08/05/15 Update EMKR ($6.24, Buy; $8.00 PT): Strong F3Q/F4Q Results/Outlook; Raising Estimates and PT from $7.50 to $8.00; Reiterate Buy
  • 08/03/15 Morning Note B. Riley & Co. Morning Notes: BC, BOOT, CNK, CVU, EMKR, IIVI, LOV, NEWP, NWL, OCLR, ODP, PCTI, PG, PII, PRGO, PRMW, RNWK; August Focus List (CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI), Semiconductors (EXAR, MCHP, NVDA), Semis & Cap Eqp (ACLS, BRKS, IVAC, KLIC, RTEC)
  • 08/03/15 Update EMKR ($6.19, Buy; $7.50 PT): Earnings Preview: Expect In Line F3Q/F4Q Results/Outlook as the CATV Business Environment Remains Solid; Reiterate Buy
  • 08/03/15 Update B. Riley & Co. August Focus List: CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI
  • 07/31/15 Morning Note Morning Notes: AVP, AXTI, BCOV, CALD, CL, COHR, COHU, COLM, CROX, CSGP, DECK, ELNK, EVOL, GPX, GUID, IMMR, KLAC, KTCC, LLNW, MTSN, MWW, NTCT, OUTR, PCCC, REIS, RGC, ROVI, SHOO, SRI, WMAR, WWWW; July Focus List (updated): CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI
  • 07/31/15 Update B. Riley & Co. July Focus List (updated): CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, RLD, RUBI, SRI
  • 07/01/15 Morning Note B. Riley & Co. Morning Notes: CAMP, CHKE; Semi Cap Industry (AMAT, KLAC, LRCX); July Focus List (CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RLD, RUBI)
  • 06/30/15 Update B. Riley & Co. July Focus List: CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RLD, RUBI
  • 06/22/15 Update EMKR (B. Riley & Co. Update: $6.23, Buy; $7.50 PT): Completes Accretive Dutch Auction; Raising FY 16 EPS Estimate by $0.01 and PT from $7.25 to $7.50; Reiterate Buy
  • 06/22/15 Morning Note B. Riley & Co. Morning Notes: AMC, CAMP, CKEC, CNK, EMKR, IMAX, ISSI, LOV, MCS, RGC, RLD, RUBI; Semiconductors & Semi Cap. Equipment (ADI, BRCM, INTC, ISIL, MRVL, MXIM, NVDA, ONNN, SWKS)
  • 06/01/15 Update B. Riley & Co. June Focus List: CHKE, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RLD, RUBI
  • 05/07/15 Morning Note B. Riley & Co. Morning Notes: ABTL, COLM, CSOD, CVU, DECK, DMD, EL, EMKR, FLWS, GUID, GSM, NEWP, NSSC, PCTI, RDNT, RNWK, STMP, SUP, SWKS, TROX, TRUE, VFC, ZQK, ZUMZ
  • 05/07/15 Update EMKR ($5.56, Buy; $7.25 PT): F2Q/F3Q Results/Outlook Above Consensus; Raising Estimates and PT from $6.75 to $7.25; Announces a $45MM Dutch Auction; Reiterate Buy
  • 05/05/15 Morning Note B. Riley & Co. Morning Notes: CKEC, CL, CNK, COTY, CVU, DMD, ELNK, EMKR, FTD, FN, GRPN, IDSY, IVAC, KTOS, MWW, NEWP, NLS, ON, PCOM, RDEN, RNWK, ROVI, TST, TYL, UEIC; Household/Personal Care (AVP, CLX, KMB, NTRI, NWL, PG)
  • 05/05/15 Update EMKR ($5.46, Buy; $6.75 PT): Earnings Preview: Expect In Line F2Q/F3Q Results/Outlook; CATV is Solid while InP Chip Sales are Ramping Rapidly; Reiterate Buy
  • 05/01/15 Update B. Riley & Co. May Focus List: CHKE, CKEC, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 04/27/15 Update B. Riley & Co. Industry Update - Optical Components
  • 04/14/15 Update Industry Update: Optical Components - 1Q Earnings Season Preview, Expect more of the same choppiness from 4Q
  • 04/01/15 Update B. Riley & Co. April Focus List: CHKE, CKEC, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 03/30/15 Update Industry Update: Optical Components - OFC Wrap
  • 03/27/15 Desk Report March Focus List (updated): CHKE, CKEC, CONN, EMKR, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 03/06/15 Update B. Riley & Co. March Focus List (updated): CHKE, CKEC, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 03/02/15 Update B. Riley & Co. March Focus List: CHKE, DTSI, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 02/26/15 Morning Note B. Riley & Co. Morning Notes: DHX, DWA, ITI, JAKK, KW, MWW, SRI, SWKS, TIVO, TROX; Optical Components (EMKR, SONS)
  • 02/20/15 Update February Focus List (updated): CHKE, DTSI, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, REMY, RUBI
  • 02/17/15 Update B. Riley & Co. February Focus List (updated): CHKE, DTSI, EMKR, GME, GUID, ISIL, KTOS, MPAA, NTRI, PRMW, RUBI
  • 02/17/15 Update February Focus List (updated): CHKE, DTSI, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, RUBI
  • 02/13/15 Update EMKR ($5.25, Buy; $6.75 PT): CATV Strengthening; EV of $9MM for $74MM in Annual Sales; Raising Estimates and PT from $6.50 to $6.75; Reiterate Buy
  • 02/13/15 Morning Note B. Riley & Co. Morning Notes: AVP, CAMT, CIDM, EMKR, GRPN, GUID, KTOS, MAMS, MTSN, PCMI, RGC, TYPE, WWWW; Photonics (COHR, IIVI, NEWP)
  • 02/11/15 Update EMKR ($5.23, Buy; $6.50 PT): Earnings Preview: Expect In Line F1Q/F2Q Results/Outlook; Still Waiting for the Final Act; Favorable Risk/Reward; Reiterate Buy
  • 02/11/15 Morning Note B. Riley & Co. Morning Notes: ADI, AKAM, AVP, CAMT, CIDM, EMKR, GSM, GUID, MAMS, NILE, SABA, TYPE, VSAT, YELP; Consumer Products Weekly (COTY, EL, NWL, PBH, PRGO, RDEN, SBH)
  • 02/02/15 Update B. Riley & Co. February Focus List: BC, CHKE, DTSI, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, RUBI
  • 01/26/15 Update B. Riley & Co. January Focus List (updated): BC, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, RUBI
  • 01/23/15 Update Industry Update - Optical Components: Expecting a mixed bag during 4Q earnings season
  • 01/23/15 Morning Note B. Riley & Co. Morning Notes: ABTL, AVP, DWA, EGHT, IIVI, KLAC, KLIC, KTOS, MXIM, NTCT, SWKS; Optical Components (AFOP, EMKR, FN, FNSR, IIVI, JDSU, NPTN, OCLR)
  • 01/09/15 Update Industry Update - Optical Components: 2015 Preview, Expect anemic growth in 1H, but industry consolidation should make 2015 an interesting year
  • 01/02/15 Morning Note B. Riley & Co. Morning Notes: Focus List Update (BC, DECK, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, ROVI, RUBI)
  • 01/02/15 Update B. Riley & Co. January Focus List: BC, DECK, EMKR, GME, GUID, ISIL, KTOS, NTRI, PRMW, ROVI, RUBI
  • 12/12/14 Morning Note B. Riley & Co. Morning Notes: CIDM, CLX, DWA, EMKR, LRCX, MEI, RSH, RUBI, SWKS, ZQK
  • 12/12/14 Update EMKR ($5.06, Buy; $6.50 PT): Fiber Optics Heating Up; Raising Estimates and Maintaining PT of $6.50; Reiterate Buy
  • 12/11/14 Morning Note B. Riley & Co. Morning Notes: CHKE, CNVR, EMKR, KTOS, RLD, SONS, WTSL
  • 12/11/14 Update EMKR ($5.10, Buy; $6.50 PT): Earnings Preview: Focus will be on Cash and Fate of CATV Asset; Favorable Risk/Reward; Reiterate Buy
  • 12/01/14 Morning Note B. Riley & Co. Morning Notes: CIDM, DWA, IMAX, TIVO; Focus List (BC, CALD, DECK, EMKR, GME, ISIL, KTOS, NTRI, PRMW, RLD, RUBI), Consumer Products (AVP, COTY, EL, FTD, JAKK, MAT, PG), Hardlines (AMZN, BBY, CONN, EBAY, GME, HGG, RSH, VOXX), Retail Apparel
  • 12/01/14 Update B. Riley & Co. December Focus List: BC, CALD, DECK, EMKR, GME, ISIL, KTOS, NTRI, PRMW, RLD, RUBI
  • 11/19/14 Morning Note B. Riley & Co. Morning Notes: AVP, DWA, EMKR, IMAX, IPAR, UTEK
  • 11/18/14 Morning Note B. Riley & Co. Morning Notes: BBY, CVU, GME, MOVE, RUBI, SPLS; Optical Components (AFOP, EMKR, FN, FNSR, IIVI, JDSU, NPTN, OCLR, OPLK)
  • 11/18/14 Update Industry Update: Optical Components - 3Q Wrap, 3Q to be the trough
  • 11/03/14 Update B. Riley & Co. November Focus List: BC, CALD, DECK, EMKR, GME, ISIL, KTOS, NTRI, PRMW, RLD. RUBI
  • 10/27/14 Update Industry Update: Optical Components - Mixed/Positive Optical Datapoints
  • 10/27/14 Morning Note B. Riley & Co. Morning Notes: ACW, CL, GIG, IIVI, PG, PRGX, REIS; Optical Components (EMKR, FN, FNSR, IIVI, JDSU, NPTN, OCLR, OPLK)
  • 10/24/14 Update EMKR ($5.16, Buy; $6.50 PT): To Sell ITLA Asset for $17.5MM; Net Cash Projected to be Nearly $5/share Post Transactions; Lowering PT from $10.00 to $6.50; Reiterate Buy