Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) Target Price at $82.29

Ichor Holdings, Ltd. (NASDAQ:ICHR) has been given an average recommendation of “Moderate Buy” by the nine analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $82.2857.

Several analysts have recently commented on ICHR shares. Zacks Research upgraded shares of Ichor from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 3rd. B. Riley Financial lifted their target price on shares of Ichor from $90.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Needham & Company LLC boosted their price target on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Oppenheimer increased 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 restated a “sell (d-)” rating on shares of Ichor in a research report on Wednesday, June 24th.

Ichor Trading Down 1.0%

Shares of ICHR stock opened at $82.87 on Thursday. The business’s 50 day moving average is $83.27 and its two-hundred day moving average is $58.03. Ichor has a twelve month low of $13.12 and a twelve month high of $113.58. The company has a market capitalization of $2.89 billion, a P/E ratio of -55.99 and a beta of 1.78. The company has a current ratio of 2.82, a quick ratio of 1.21 and a debt-to-equity ratio of 0.17.

Ichor (NASDAQ:ICHR) last released its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.The business had revenue of $256.07 million during the quarter, compared to analysts’ expectations of $251.32 million. During the same quarter in the prior year, the business earned $0.12 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts forecast that Ichor will post 0.97 EPS for the current year.

Insider Activity at Ichor

In other news, CFO Greg Swyt sold 6,820 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $66.81, for a total transaction of $455,644.20. Following the transaction, the chief financial officer directly owned 53,070 shares of the company’s stock, valued at $3,545,606.70. This represents a 11.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 20,462 shares of the company’s stock, valued at $1,535,059.24. This represents a 49.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 79,447 shares of company stock worth $5,678,621. 1.70% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ICHR. Steward Partners Investment Advisory LLC purchased a new stake in shares of Ichor during the 4th quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Ichor in the 2nd quarter worth approximately $27,000. Hantz Financial Services Inc. increased its stake in Ichor by 64.8% in the 4th 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 in the last quarter. Versant Capital Management Inc increased its stake in Ichor by 100.0% in the 2nd quarter. Versant Capital Management Inc now owns 252 shares of the technology company’s stock valued at $28,000 after purchasing an additional 126 shares in the last quarter. Finally, Danske Bank A S purchased a new position in Ichor in the 3rd quarter valued at approximately $28,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

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.