Ichor (NASDAQ:ICHR) Price Target Raised to $80.00

Ichor (NASDAQ:ICHR) had its price target lifted by Oppenheimer from $60.00 to $80.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “market perform” rating on the technology company’s stock. Oppenheimer’s price objective would indicate a potential upside of 12.07% from the stock’s current price.

Other analysts have also issued research reports about the stock. Zacks Research lowered shares of Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Needham & Company LLC boosted their price objective on Ichor from $72.00 to $88.00 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th. TD Cowen restated a “buy” rating on shares of Ichor in a report on Tuesday. Finally, B. Riley Financial lowered their target price on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ichor presently has a consensus rating of “Moderate Buy” and an average target price of $84.57.

Ichor Stock Down 11.0%

NASDAQ ICHR traded down $8.85 during trading on Tuesday, reaching $71.38. 1,225,765 shares of the company’s stock were exchanged, compared to its average volume of 1,051,351. The firm has a market capitalization of $2.49 billion, a PE ratio of -48.36 and a beta of 1.82. Ichor has a fifty-two week low of $13.12 and a fifty-two week high of $113.58. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17. The company’s fifty day simple moving average is $85.71 and its 200-day simple moving average is $62.91.

Ichor (NASDAQ:ICHR) last released its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The business had revenue of $294.78 million for the quarter, compared to analysts’ expectations of $300.17 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor’s quarterly revenue was up 22.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.03 earnings per share. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts predict that Ichor will post 0.97 EPS for the current year.

Insider Activity at Ichor

In other news, Director Laura A. Black sold 20,000 shares of the 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 sale, the director directly owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jorge Titinger sold 4,000 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $64.21, for a total value of $256,840.00. Following the sale, the director owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. This represents a 24.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 79,447 shares of company stock valued at $5,678,621 over the last ninety days. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On Ichor

Several large investors have recently made changes to their positions in the business. Versant Capital Management Inc raised its position in shares of Ichor by 100.0% during the second quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after buying an additional 126 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in Ichor in the first quarter valued at about $37,000. KBC Group NV acquired a new position in shares of Ichor during the first quarter worth approximately $44,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Ichor in the 2nd quarter valued at $27,000. Finally, Steward Partners Investment Advisory LLC bought a new position in shares of Ichor in the 4th quarter valued at about $26,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor News Summary

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Ichor reported adjusted second-quarter earnings of $0.34 per share, above the $0.31 analyst consensus and well ahead of $0.03 a year earlier. Gross-margin gains helped offset weaker-than-expected revenue. ICHR Q2 Earnings Beat Estimates on Margin Gains, Revenues Rise Year over Year
• Positive Sentiment: Third-quarter guidance exceeded expectations: revenue of $315 million to $345 million versus consensus of $313.8 million, and EPS of $0.40 to $0.50 versus $0.39 expected. Management expects second-half volumes to be at least 25% above the first half as supply constraints ease and semiconductor-related demand improves. Ichor Q3 Revenue and Margin Outlook
• Positive Sentiment: Needham raised its price target to $88 from $72 and maintained a Buy rating. B. Riley also maintained Buy, although it reduced its target to $105 from $125. Needham Raises Ichor Price Target
• Neutral Sentiment: Management highlighted a steeper second-half ramp, improving quarterly margins and stronger potential growth in 2027 as internal content increases and supply issues moderate. Ichor Earnings Call Takeaways
• Negative Sentiment: Second-quarter revenue was $294.8 million, below the $300.2 million consensus, even though it increased about 24% year over year. The miss likely outweighs the EPS beat for short-term investors, particularly because GAAP profitability remains pressured and gross margin was only about 14%. Ichor Holdings Falls on Q2 Revenue Miss

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.