Three consecutive earnings beats, a confirmed breakout technical setup, and solid business quality metrics present a fundamentally sound profile, but the stock already trades above its near-term resistance target with downside exceeding upside and high customer concentration representing a structural vulnerability that could impair the earnings stream.
Thesis pillars
- Customer Concentration Revenue Fragility↓Deteriorating
- Consistent Earnings Execution↑Improving
- Breakout Technical Momentum→Stable
- +1 more pillar — see the Why tab for full reasoning
Knowles Corporation (KN) Stock Analysis
Technology · Electronic Components
Hold if already holding. Not a fresh buy at $33.32, but acceptable to hold if already in. Reasons: Concentration risk — Customer: MSA top five customers (76.0%); Concentration risk — Supplier: ASIC and MEMS foundry partners.
Knowles Corporation designs and manufactures specialty electronic components — high-performance capacitors, RF filters, microphones, and balanced armature speakers — through its Precision Devices (PD, 55% of 2025 revenues) and MedTech & Specialty Audio (MSA, 45% of 2025... Read more
Hold if already holding. Not a fresh buy at $33.32, but acceptable to hold if already in. Reasons: Concentration risk — Customer: MSA top five customers (76.0%); Concentration risk — Supplier: ASIC and MEMS foundry partners. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.8/10, moderate confidence.
Passes 5/8 gates (no SEC red flags, news events none recent, earnings proximity 62d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About Knowles Corporation
About Knowles Corporation
Knowles Corporation's Precision Devices segment generated 55% of consolidated revenues in fiscal 2025, serving defense, industrial, medtech, and electrification/energy markets with high-performance capacitors and RF filtering solutions; the MedTech & Specialty Audio segment contributed the remaining 45% with balanced armature speakers and microphones for hearing health manufacturers. The company employs approximately 5,200 people across 11 countries, with WS Audiology A/S and TTI, Inc. representing 11% and 10% of consolidated revenues in 2025, respectively.
PD segment revenue comes from custom-engineered capacitors with specialized requirements — including high voltage, high temperature, and high reliability — plus RF filter solutions serving defense applications such as electronic warfare systems, where demand for supply partners with domestic manufacturing footprints is rising. Pricing pressure is comparatively lower in these defense and industrial end markets than in consumer electronics. The MSA segment sells to a concentrated customer base; MSA's top five customers accounted for approximately 76% of segment revenues in 2025, with WS Audiology A/S alone representing 24% of MSA revenues. Within PD, TTI, Inc. distributed components representing 19% of PD revenues in 2025; no other distributor exceeded 5% of PD revenues. Key competitors in PD include Kyocera AVX, Yageo's Kemet products, and Vishay Intertechnology; Sonion is the MSA segment's primary competitor. Manufacturing depends on highly specialized sole-source foundries for ASIC and MEMS components, a dependency acknowledged directly in the 10-K.
Show full overview
Knowles depends on sole-source suppliers for ASIC and MEMS foundry partners, components critical to both PD and MSA product lines. If a key foundry were unable to deliver — due to capacity constraints, ownership change, bankruptcy, or geopolitical disruption — the company may not be able to identify or qualify an alternative supplier in time, which could materially affect results. The majority of the company's largest manufacturing facilities are in China and Southeast Asia, compounding tariff and trade-policy exposure given China's stated policy of reducing dependence on foreign technology companies.
See also: Technology · Electronic Components
From Knowles Corporation's most recent 10-K filing, extracted June 11, 2026.
Recent developments
updated 2026-08-22Recent Developments — Knowles Corporation
Latest news
- NEWS All You Need to Know About Knowles (KN) Rating Upgrade to Strong Buy - Yahoo Finance — Yahoo Finance positive
- NEWS All You Need to Know About Knowles (KN) Rating Upgrade to Strong Buy - finance.yahoo.com — finance.yahoo.com positive
- NEWS Top Knowles Executive Makes Eye-Catching Move With Insider Stock Sale - TipRanks — TipRanks negative
- NEWS Why Is Knowles (NYSE:KN) Scheduled for Key Earnings Today? - Kalkine Media — Kalkine Media neutral
- NEWS What To Expect From Knowles’s (KN) Q2 Earnings - Yahoo Finance — Yahoo Finance neutral
Generated 2026-08-23T00:51:56Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomerWS Audiology A/S11%10-K Item 1A: 'WS Audiology A/S accounting for approximately 24% of MSA's revenues and 11% of the consolidated Company revenues'
- LOWCustomerTTI, Inc.10%10-K Item 1A: 'TTI, Inc. accounted for approximately 19% of PD's revenues and 10% of the consolidated Company revenues'
- HIGHCustomerMSA top five customers76%10-K Item 1A: 'MSA's top five customers accounted for approximately 76% of its revenues'
- HIGHSupplierASIC and MEMS foundry partners10-K Item 1A: 'our suppliers or foundries are our sole source of supply, such as with our ASIC and MEMS foundry partners'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $33.32, but acceptable to hold if already in. Reasons: Concentration risk — Customer: MSA top five customers (76.0%); Concentration risk — Supplier: ASIC and MEMS foundry partners. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $37.19 (+11.6%), stop $32.13 (−3.7%), A.R:R 1.1:1. Score 5.8/10, moderate confidence.
Take-profit target: $37.19 (+11.6% upside). Target $37.19 (+11.6%), stop $32.13 (−3.7%), A.R:R 1.1:1. Stop-loss: $32.13.
Concentration risk — Customer: MSA top five customers (76.0%); Concentration risk — Supplier: ASIC and MEMS foundry partners; Negative momentum.
Knowles Corporation trades at a P/E of 41.5 (forward 21.0). TrendMatrix value score: 5.8/10. Verdict: Hold.
12 analysts cover KN with a consensus score of 4.2/5. Average price target: $44.
What does Knowles Corporation do?Knowles Corporation designs and manufactures specialty electronic components — high-performance capacitors, RF filters,...
Knowles Corporation designs and manufactures specialty electronic components — high-performance capacitors, RF filters, microphones, and balanced armature speakers — through its Precision Devices (PD, 55% of 2025 revenues) and MedTech & Specialty Audio (MSA, 45% of 2025 revenues) segments. The company sells directly to OEMs and through distributors, with approximately 5,200 employees across 11 countries.