PDF Solutions (PDFS) Returned 52% in Q2 2026; Market Cap $1.95B

In Q2 2026, PDF Solutions, Inc. (NASDAQ: PDFS) returned approximately 52%, while its market capitalization reached $1.95 billion. The stock closed at $46.15 on August 28, 2026, marking a 125.67% increase over the past year within a trading range of $18.93 to $71.69. Riverwater Partners' Small Cap Strategy highlighted the company, mentioning that an upsized secondary offering occurred after Advantest exited its 8% stake. The firm views the offering as a move by management to gain control and will be closely examining these developments for potential investment opportunities, which may affect market sentiment.