DA Davidson Upgrades Ichor (NASDAQ:ICHR) to Strong-Buy

Posted by Amy Steele on Feb 13th, 2026

Ichor (NASDAQ:ICHR – Get Free Report) was upgraded by stock analysts at DA Davidson to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Several other brokerages also recently commented on ICHR. B. Riley Financial upgraded shares of Ichor from a “neutral” rating to a “buy” rating in a research report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. TD Cowen reissued a “buy” rating on shares of Ichor in a report on Tuesday. Oppenheimer raised their price objective on Ichor from $32.00 to $36.00 and gave the company a “market perform” rating in a research note on Tuesday. Finally, B.Riley Securit upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ichor has a consensus rating of “Moderate Buy” and an average target price of $38.38.

Get Our Latest Stock Report on ICHR

Ichor Price Performance

Shares of NASDAQ:ICHR opened at $43.93 on Wednesday. The firm has a 50 day moving average of $25.41 and a 200-day moving average of $20.67. Ichor has a 12 month low of $13.12 and a 12 month high of $48.72. The company has a current ratio of 3.16, a quick ratio of 1.33 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $1.51 billion, a PE ratio of -28.53 and a beta of 1.89.

Insider Buying and Selling at Ichor

In other news, Director Iain Mackenzie acquired 10,000 shares of Ichor stock in a transaction that occurred on Monday, November 17th. The shares were acquired at an average price of $14.53 per share, for a total transaction of $145,300.00. Following the transaction, the director directly owned 130,011 shares of the company’s stock, valued at approximately $1,889,059.83. The trade was a 8.33% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas M. Rohrs sold 53,908 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $45.48, for a total value of $2,451,735.84. Following the completion of the transaction, the director directly owned 53,024 shares of the company’s stock, valued at approximately $2,411,531.52. The trade was a 50.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Ichor

Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Ichor by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 3,333,902 shares of the technology company’s stock worth $61,444,000 after acquiring an additional 148,993 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Ichor by 15.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock worth $36,080,000 after purchasing an additional 259,417 shares during the period. Royce & Associates LP grew its stake in shares of Ichor by 48.5% in the fourth quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock worth $26,707,000 after purchasing an additional 473,440 shares during the last quarter. Invesco Ltd. increased its holdings in Ichor by 61.8% in the third quarter. Invesco Ltd. now owns 1,253,457 shares of the technology company’s stock valued at $21,961,000 after purchasing an additional 478,952 shares during the period. Finally, Nuveen LLC increased its holdings in Ichor by 6.7% in the fourth quarter. Nuveen LLC now owns 1,137,451 shares of the technology company’s stock valued at $20,963,000 after purchasing an additional 71,238 shares during the period. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Key Ichor News

Here are the key news stories impacting Ichor this week:

Positive Sentiment: Q4 results beat estimates and management issued a positive Q1/FY26 outlook, which traders cited as the primary catalyst for recent upside in the shares. Ichor Holdings stock jumps on strong Q4 results and positive Q1 outlook
Positive Sentiment: Analyst upgrades and price-target raises have lifted sentiment — B. Riley upgraded ICHR to strong-buy and Oppenheimer raised its target to $36, both supporting higher valuations. Ichor (NASDAQ:ICHR) Raised to Buy at B. Riley Securities Ichor Holdings price target raised to $36 from $32 at Oppenheimer
Positive Sentiment: Research/coverage pieces are bullish on a cyclical recovery and capacity expansion: management is expanding manufacturing (Mexico, Malaysia) and targeting higher gross margins as volumes scale — a longer-term positive for margins and addressable market exposure. Ichor Expanding Production In Anticipation Of The Cyclical Swing
Neutral Sentiment: Market commentary notes a post-trough recovery narrative; useful context but less immediate than earnings and upgrades. Ichor Holdings Charts Post-Trough Recovery in 2026
Neutral Sentiment: Reported short-interest data in the feed shows zero shares (likely a data artifact) and a 0.0 days ratio — this appears non-informative and should be treated cautiously.
Negative Sentiment: A company director, Thomas M. Rohrs, sold 53,908 shares (~50% of his holding) in a single transaction (SEC filing), which can spook investors and add selling pressure despite the positive operational news. SEC Form 4 — Rohrs sale

Ichor Company Profile

(Get Free Report)

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.