Ichor (NASDAQ:ICHR) Price Target Raised to $88.00

Ichor (NASDAQ:ICHR) had its target price hoisted by Needham & Company LLC from $72.00 to $88.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 9.68% from the stock’s current price.

A number of other brokerages have also recently commented on ICHR. Zacks Research cut Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. TD Cowen upped their price objective on Ichor from $80.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Stifel Nicolaus boosted their target price on shares of Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Oppenheimer lifted their price target on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a report on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $84.57.

Ichor Stock Performance

Shares of NASDAQ:ICHR opened at $80.23 on Tuesday. Ichor has a 1 year low of $13.12 and a 1 year high of $113.58. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of -54.21 and a beta of 1.82. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.82 and a quick ratio of 1.21. The company’s 50 day simple moving average is $85.71 and its 200 day simple moving average is $62.91.

Ichor (NASDAQ:ICHR) last posted its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $294.78 million during 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 revenue was up 22.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 EPS. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. As a group, research analysts predict that Ichor will post 0.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jorge Titinger sold 4,000 shares of the stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the transaction, the director owned 12,318 shares of the company’s stock, valued at $790,938.78. This represents a 24.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Philip Ryan Sr. Barros sold 13,705 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $70.19, for a total value of $961,953.95. Following the transaction, the chief executive officer directly owned 165,078 shares in the company, valued at approximately $11,586,824.82. This trade represents a 7.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ICHR. Steward Partners Investment Advisory LLC acquired a new stake in shares of Ichor in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. acquired a new position in Ichor during the 2nd quarter valued at about $27,000. Hantz Financial Services Inc. increased its holdings in Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock worth $28,000 after purchasing an additional 590 shares in the last quarter. Versant Capital Management Inc increased its holdings in Ichor by 100.0% during the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock worth $28,000 after purchasing an additional 126 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Ichor in the third quarter worth approximately $28,000. 94.81% of the stock is owned by institutional investors.

Key Stories Impacting Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Ichor reported second-quarter adjusted EPS of $0.34, exceeding the $0.31 analyst consensus and rising sharply from $0.03 a year earlier. Revenue reached $294.8 million, up 15% sequentially and 24% year over year. Ichor Holdings Q2 Earnings Top Estimates
• Positive Sentiment: Management guided for third-quarter revenue of $315 million to $345 million and EPS of $0.40 to $0.50. Both ranges are above analyst expectations of approximately $313.8 million in revenue and $0.39 in EPS, supporting optimism about continued semiconductor-equipment demand. Ichor Anticipates Q3 Revenue and Gross Margin
• Positive Sentiment: The company expects second-half volumes to be at least 25% above first-half levels, while forecasting third-quarter gross margin of 14.5% to 15.5%. This suggests improving utilization and operating momentum. Ichor Announces Second-Quarter 2026 Financial Results
• Neutral Sentiment: Second-quarter GAAP gross margin was 13.9%, versus 14.1% on a non-GAAP basis. The results show improving sales but margins remain relatively modest for the business.
• Negative Sentiment: Quarterly revenue of $294.8 million was below the $300.2 million consensus estimate. Ichor also continued to report a negative net margin and negative return on equity, while its valuation remains sensitive to the semiconductor-capital-equipment cycle. Ichor Holdings Earnings Report

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.