Ichor (NASDAQ:ICHR) Releases Q3 2026 Earnings Guidance

Ichor (NASDAQ:ICHR) updated its third quarter 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.400-0.500 for the period, compared to the consensus estimate of 0.390. The company issued revenue guidance of $315.0 million-$345.0 million, compared to the consensus revenue estimate of $313.8 million.

Ichor Stock Performance

Ichor stock opened at $80.23 on Tuesday. The business has a 50 day moving average of $85.71 and a 200-day moving average of $62.91. Ichor has a 1 year low of $13.12 and a 1 year high of $113.58. 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 has a market capitalization of $2.80 billion, a P/E ratio of -54.21 and a beta of 1.82.

Ichor (NASDAQ:ICHR) last posted its earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.31 by $0.03. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The business had revenue of $294.78 million for the quarter, compared to the consensus estimate of $300.17 million. During the same period last year, the company earned $0.03 EPS. The firm’s revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities research analysts predict that Ichor will post 0.97 earnings per share for the current year.

Wall Street Analyst Weigh In

ICHR has been the topic of a number of recent research reports. TD Cowen lifted their price target on shares of Ichor from $80.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Oppenheimer increased their price objective on Ichor from $36.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, May 5th. B. Riley Financial raised their target price on Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Zacks Research downgraded Ichor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, Needham & Company LLC upped their price target on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ichor has an average rating of “Moderate Buy” and a consensus price target of $82.29.

Insider Transactions at Ichor

In other Ichor news, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total transaction of $1,500,400.00. Following the sale, the director owned 20,462 shares of the company’s stock, valued at approximately $1,535,059.24. This represents a 49.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Marc Haugen sold 9,923 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $72.11, for a total value of $715,547.53. Following the completion of the transaction, the director directly owned 16,162 shares in the company, valued at $1,165,441.82. This represents a 38.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 79,447 shares of company stock worth $5,678,621. Company insiders own 1.70% of the company’s stock.

More Ichor News

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ICHR. Invesco Ltd. boosted its stake in Ichor by 141.2% during the fourth quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after acquiring an additional 1,770,425 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Ichor in the fourth quarter valued at $252,000. Voloridge Investment Management LLC acquired a new position in shares of Ichor during the fourth quarter valued at about $545,000. Tudor Investment Corp ET AL acquired a new position in shares of Ichor during the fourth quarter valued at about $636,000. Finally, Numerai GP LLC boosted its position in shares of Ichor by 28.4% during the 4th quarter. Numerai GP LLC now owns 36,227 shares of the technology company’s stock worth $668,000 after purchasing an additional 8,019 shares in the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

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.