Ichor (NASDAQ:ICHR) Hits New 1-Year High After Analyst Upgrade

Ichor Holdings, Ltd. (NASDAQ:ICHR) hit a new 52-week high on Tuesday after Oppenheimer raised their price target on the stock from $32.00 to $36.00. Oppenheimer currently has a market perform rating on the stock. Ichor traded as high as $46.45 and last traded at $43.5340, with a volume of 2133039 shares. The stock had previously closed at $34.11.

Several other analysts also recently issued reports on the company. Stifel Nicolaus set a $30.00 price objective on Ichor in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Monday, December 29th. Craig Hallum reiterated a “buy” rating and set a $36.00 price target on shares of Ichor in a report on Wednesday, January 14th. Needham & Company LLC upped their price objective on shares of Ichor from $36.00 to $48.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Zacks Research upgraded shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.50.

Insider Buying and Selling at Ichor

In related news, Director Iain Mackenzie bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were acquired 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Key Ichor News

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.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Barrow Hanley Mewhinney & Strauss LLC grew its stake in Ichor by 497.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock worth $29,753,000 after buying an additional 1,413,870 shares during the period. Millennium Management LLC raised its stake in shares of Ichor by 1,710.7% in the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares during the period. Invesco Ltd. lifted its holdings in shares of Ichor by 61.8% during the 3rd quarter. Invesco Ltd. now owns 1,253,457 shares of the technology company’s stock valued at $21,961,000 after acquiring an additional 478,952 shares in the last quarter. Royce & Associates LP boosted its position in Ichor by 48.5% during the 4th 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 period. Finally, Bank of New York Mellon Corp increased its holdings in Ichor by 143.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 515,638 shares of the technology company’s stock valued at $10,127,000 after purchasing an additional 304,228 shares in the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

Ichor Stock Up 32.7%

The firm has a 50-day simple moving average of $24.28 and a 200 day simple moving average of $20.31. The company has a market capitalization of $1.56 billion, a PE ratio of -29.40 and a beta of 1.89. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.08 and a quick ratio of 1.33.

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.