Ichor (NASDAQ:ICHR) Price Target Raised to $48.00 at Needham & Company LLC

Ichor (NASDAQ:ICHR) had its price objective upped by Needham & Company LLC from $36.00 to $48.00 in a research note published on Tuesday, MarketBeat Ratings reports. They currently have a buy rating on the technology company’s stock.

Other research analysts have also issued research reports about the company. Oppenheimer lowered Ichor from an “outperform” rating to a “market perform” rating and raised their price objective for the company from $30.00 to $32.00 in a research report on Tuesday, January 27th. B. Riley Securities raised Ichor from a “neutral” rating to a “buy” rating and increased their target price for the stock from $30.00 to $52.00 in a research note on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a report on Monday, December 29th. Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Finally, Craig Hallum reissued a “buy” rating and set a $36.00 price objective on shares of Ichor in a research report on Wednesday, January 14th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.50.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $45.27 on Tuesday. The company has a 50 day simple moving average of $24.28 and a two-hundred day simple moving average of $20.31. Ichor has a fifty-two week low of $13.12 and a fifty-two week high of $47.46. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of -29.40 and a beta of 1.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.33 and a current ratio of 3.08.

Insider Activity

In other Ichor news, Director Iain Mackenzie acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were bought at an average cost of $14.53 per share, with a total value of $145,300.00. Following the completion of the transaction, the director directly owned 130,011 shares of the company’s stock, valued at approximately $1,889,059.83. This represents a 8.33% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ichor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Linden Thomas Advisory Services LLC boosted its holdings in shares of Ichor by 0.8% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 50,702 shares of the technology company’s stock valued at $934,000 after acquiring an additional 398 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Ichor by 64.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company’s stock valued at $28,000 after purchasing an additional 590 shares during the period. The Manufacturers Life Insurance Company lifted its position in Ichor by 5.7% during the second quarter. The Manufacturers Life Insurance Company now owns 12,447 shares of the technology company’s stock valued at $244,000 after purchasing an additional 666 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Ichor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,645 shares of the technology company’s stock worth $444,000 after purchasing an additional 865 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Ichor by 2.0% in the 3rd quarter. Natixis Advisors LLC now owns 52,158 shares of the technology company’s stock worth $914,000 after purchasing an additional 1,017 shares during the period. Institutional investors own 94.81% of the company’s stock.

Ichor News Roundup

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: B. Riley upgraded Ichor from Neutral to Buy and lifted its price target to $52, signaling stronger analyst conviction and providing fresh demand from institutional/ETF models that follow B. Riley coverage. Read More.
• Positive Sentiment: Needham raised its price target to $48 and maintained a Buy rating, further supporting the rally by adding a second reputable firm with a higher valuation view. Read More.
• Positive Sentiment: Zacks upgraded ICHR to a Rank #2 (Buy), highlighting expectations for improved earnings — upgrades like this often trigger short-term buying from quant and momentum strategies. Read More.
• Positive Sentiment: Ichor reported Q4 results that beat EPS and revenue estimates (EPS $0.01 vs. est. -$0.06; revenue $223.6M vs. est. $220.6M), which likely validated the analyst upgrades and helped trigger the volume-led move. Read More.
• Neutral Sentiment: Full earnings call transcript and details are available for investors who want management commentary on orders, margins and the outlook. Read More.
• Neutral Sentiment: Market previews and analyst notes (e.g., MSN preview) circulated ahead of results; useful for context but less likely to move price than the actual beats/upgrades. Read More.
• Neutral Sentiment: Short-interest data in the feed is inconsistent (reports show 0 shares / NaN changes), so there’s no clear short-squeeze signal from that item. (Treat the short-interest entry as unreliable.)
• Negative Sentiment: Despite the beat, Ichor still shows pressure on profitability and growth: GAAP gross margin was low (~9.4% reported), the company had a negative net margin and negative ROE, and revenue was down ~4.2% year-over-year — risks that could cap upside if demand softens. Read More.

About Ichor

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.