Ichor (NASDAQ:ICHR – Get Free Report) had its target price boosted by research analysts at Stifel Nicolaus from $76.00 to $115.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Stifel Nicolaus’ price objective suggests a potential upside of 19.25% from the stock’s current price.
ICHR has been the subject of a number of other reports. Oppenheimer boosted their price target on shares of Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a research report on Tuesday, May 5th. TD Cowen raised their price objective on Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday. Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 3rd. B. Riley Financial boosted their target price on Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Ichor has an average rating of “Moderate Buy” and a consensus price target of $82.29.
Read Our Latest Report on Ichor
Ichor Stock Performance
Ichor (NASDAQ:ICHR – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the previous year, the firm earned $0.12 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts forecast that Ichor will post 0.97 EPS for the current fiscal year.
Insider Activity
In other Ichor news, Director Marc Haugen sold 5,337 shares of Ichor stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total value of $403,637.31. Following the transaction, the director directly owned 10,825 shares in the company, valued at approximately $818,694.75. This trade represents a 33.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Laura A. Black sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total value of $1,500,400.00. Following the completion of the transaction, the director directly owned 20,462 shares in the company, valued at approximately $1,535,059.24. The trade was a 49.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 79,447 shares of company stock worth $5,678,621 over the last 90 days. 1.70% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Ichor
Several hedge funds have recently modified their holdings of ICHR. SG Americas Securities LLC increased its stake in Ichor by 295.5% in the 4th quarter. SG Americas Securities LLC now owns 26,073 shares of the technology company’s stock valued at $481,000 after buying an additional 19,481 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Ichor in the 4th quarter worth $607,000. Cambiar Investors LLC acquired a new stake in shares of Ichor in the 4th quarter worth $1,595,000. Farther Finance Advisors LLC boosted its holdings in shares of Ichor by 1,272.0% in the fourth quarter. Farther Finance Advisors LLC now owns 20,868 shares of the technology company’s stock valued at $385,000 after acquiring an additional 19,347 shares in the last quarter. Finally, Kennedy Capital Management LLC boosted its holdings in shares of Ichor by 20.9% in the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company’s stock valued at $16,449,000 after acquiring an additional 154,404 shares in the last quarter. 94.81% of the stock is owned by institutional investors and hedge funds.
Ichor Company Profile
Ichor Holdings Ltd. is a global supplier of critical subsystems used in the fabrication of semiconductor devices. The company specializes in the design, engineering and manufacturing of gas delivery systems, vacuum pumps and abatement solutions that manage process gases and by-products in wafer-processing tools. Its modular subsystems are designed to integrate with lithography, etch, deposition and cleaning equipment, helping to ensure precise control of gas flow, pressure and purity throughout the chip-manufacturing cycle.
Founded in the mid-1980s and headquartered in Fremont, California, Ichor has expanded its footprint across Asia, Europe and North America.
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