Ichor (NASDAQ:ICHR) Upgraded by B.Riley Securit to “Strong-Buy” Rating

B.Riley Securit upgraded shares of Ichor (NASDAQ:ICHR) from a hold rating to a strong-buy rating in a research report released on Tuesday morning,Zacks.com reports.

Several other research firms have also recently issued reports on ICHR. B. Riley Securities raised Ichor from a “neutral” rating to a “buy” rating and raised their target price for the stock from $30.00 to $52.00 in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. Needham & Company LLC lifted their price target on shares of Ichor from $36.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday. Oppenheimer upped their price objective on shares of Ichor from $32.00 to $36.00 and gave the stock a “market perform” rating in a report on Tuesday. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $36.00 target price on shares of Ichor in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ichor currently has a consensus rating of “Moderate Buy” and an average price target of $35.50.

Ichor Stock Up 32.7%

Shares of Ichor stock opened at $45.27 on Tuesday. The company’s 50 day moving average price is $24.28 and its 200-day moving average price is $20.31. Ichor has a 52-week low of $13.12 and a 52-week high of $47.46. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.33 and a current ratio of 3.08. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of -29.40 and a beta of 1.89.

Insider Buying and Selling at Ichor

In related news, Director Iain Mackenzie acquired 10,000 shares of the stock in a transaction on Monday, November 17th. The stock was acquired at an average price of $14.53 per share, for a total transaction of $145,300.00. Following the completion of the purchase, the director owned 130,011 shares of the company’s stock, valued at $1,889,059.83. This represents a 8.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Ichor

A number of hedge funds have recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Ichor by 497.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after purchasing an additional 1,413,870 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Ichor by 1,710.7% during the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after buying an additional 807,792 shares during the last quarter. Invesco Ltd. increased its position in shares of Ichor by 61.8% during the third quarter. Invesco Ltd. now owns 1,253,457 shares of the technology company’s stock valued at $21,961,000 after acquiring an additional 478,952 shares in the last quarter. Royce & Associates LP raised its holdings in Ichor by 48.5% in the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after acquiring an additional 473,440 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Ichor by 143.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 515,638 shares of the technology company’s stock valued at $10,127,000 after acquiring an additional 304,228 shares in the last quarter. Institutional investors own 94.81% of the company’s stock.

Key Stories Impacting Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Q4 results beat consensus — revenue of $223.6M (vs. ~ $220.6M consensus) and GAAP EPS of $0.01 versus a loss expected; gross margins improved on a non‑GAAP basis. This beat underpins the positive market reaction. Business Wire: Q4 Results
• Positive Sentiment: Management commentary and guidance topped expectations on the earnings call, signaling healthy demand trends and supporting near‑term revenue outlook — a key reason analysts and investors pushed the stock higher. Yahoo: Earnings Call Transcript
• Positive Sentiment: Multiple analyst upgrades and price‑target increases (B. Riley to Buy with $52 PT; Needham raising PT to $48; Zacks upgraded to a Buy rank) are lifting sentiment and adding buy‑side momentum. MSN: B. Riley Upgrade
• Neutral Sentiment: Earnings call and full transcripts are now widely available for deeper review — useful for investors who want to parse management’s guidance and segment commentary. Seeking Alpha: Call Transcript
• Neutral Sentiment: Reported short‑interest data in the feed is unreliable (shows 0 shares); there’s no actionable short‑covering signal from that item.
• Negative Sentiment: Despite the beat, some fundamentals remain mixed — revenue was down ~4.2% year‑over‑year and the company still reported negative GAAP net margin and ROE, which could cap upside if semiconductor capex weakens. MarketBeat: Q4 Summary

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.