Vicor (NASDAQ:VICR) Posts Quarterly Earnings Results

Vicor (NASDAQ:VICR) issued its quarterly earnings results on Tuesday. The electronics maker reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04, FiscalAI reports. The firm had revenue of $112.97 million for the quarter, compared to analysts’ expectations of $109.05 million. Vicor had a return on equity of 20.21% and a net margin of 28.98%.The business’s revenue for the quarter was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS.

Here are the key takeaways from Vicor’s conference call:

• Vicor reported strong demand and outlook with a book-to-bill above 2, a one-year backlog of $300.6 million (up 70% QoQ), Q2 revenue guidance of nearly $126 million, and 2026 revenue guidance of nearly $570 million.
• The company highlights a clear technical edge with its second?generation VPD (1.5 mm package, ~3 A/mm² current density and up to 40x current multiplication), which management says uniquely enables wafer?scale and advanced AI packaging.
• Management is expanding manufacturing capacity (targeting to raise Fab One from ~$1B toward $1.5B run?rate), adding a second 3Di line in H2 and planning nearby interim facilities and a second fab or alternate sourcing to support growth.
• Guidance conservatively assumes no new licensing agreements until a second ITC case is finally resolved in 2027, though royalties from existing licenses are expected to increase modestly and ITC outcomes could accelerate deals.
• Legal/IP activity is driving higher operating costs and cash impacts — Q1 included increased legal expenses and a $28.6 million litigation settlement that contributed to operating cash used of $3.9 million.

Vicor Price Performance

Shares of Vicor stock opened at $265.00 on Thursday. Vicor has a 1 year low of $38.92 and a 1 year high of $293.95. The firm has a market cap of $12.02 billion, a price-to-earnings ratio of 88.63 and a beta of 1.97. The company has a 50-day moving average of $180.95 and a 200 day moving average of $133.22.

Key Headlines Impacting Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Q1 results beat estimates — Vicor reported EPS and revenue above consensus, with strong gross/net margins and year-over-year revenue growth, giving investors confidence in fundamentals. Vicor Corporation Reports Results for the First Quarter Ended March 31, 2026
• Positive Sentiment: Backlog, capacity expansion and raised FY revenue guidance — management highlighted a surging backlog and is increasing capacity, and raised FY revenue to $570M (above consensus), signaling the company sees sustained demand. Vicor: The Soaring Backlog Speaks Volumes
• Positive Sentiment: Analyst upgrade / target lift — Needham maintained a Buy and raised its price target to $260, reinforcing buy-side sentiment and supporting the rally. Vicor: Raising Capacity and Guidance as Backlog Signals a Pivotal 2026 Growth Year
• Positive Sentiment: Unusual options activity — traders bought ~4,058 call contracts (?+277% vs. typical), indicating speculative or institutional bullish positioning that can amplify upward moves. (source: trade-flow reports)
• Positive Sentiment: Broker consensus is bullish — brokerages show an overall “Buy” consensus on VICR, which supports continued demand for the shares. Vicor Corporation (NASDAQ:VICR) Given Consensus Rating of “Buy” by Brokerages
• Neutral Sentiment: Earnings call & highlights available — management commentary and the call transcript provide detail on demand drivers, capacity timing and margin outlook; investors will parse these for confirmation of the beat and guide. Vicor Corp (VICR) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic …
• Neutral Sentiment: Media/coverage notes — Vicor appears on lists of high-margin, high-return names (Zacks mention alongside Micron), which can attract longer-term investors but is less material than company reports. They’re Up 400%: 2 Profitable Stocks to Buy Now for Strong Returns
• Negative Sentiment: Near-term revenue guide missed Q2 street expectations — Vicor guided Q2 revenue to ~$126M, below the consensus (~$135M), which is a near-term headwind and explains some caution despite the stronger FY outlook. Vicor Corporation Reports Results for the First Quarter Ended March 31, 2026
• Negative Sentiment: Early-session weakness noted — some pre-/early-market write-ups flagged the stock moving lower before the market absorbed the beat and guidance nuance, contributing to intraday swings. Vicor, AXT and other big stocks moving lower in Tuesday’s pre-market session

Analysts Set New Price Targets

Several research firms recently issued reports on VICR. Roth Mkm reissued a “buy” rating and set a $245.00 price objective on shares of Vicor in a research note on Monday. Needham & Company LLC lifted their target price on shares of Vicor from $180.00 to $260.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research upgraded Vicor from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Vicor in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $198.33.

Insider Activity

In other news, insider Michael Mcnamara sold 7,174 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $190.07, for a total value of $1,363,562.18. Following the sale, the insider directly owned 18,138 shares of the company’s stock, valued at $3,447,489.66. The trade was a 28.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Patrizio Vinciarelli sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $197.64, for a total value of $7,905,600.00. Following the completion of the sale, the chief executive officer owned 8,855,090 shares in the company, valued at $1,750,119,987.60. The trade was a 0.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 665,663 shares of company stock worth $122,253,776 in the last three months. 31.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Vicor

Several hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. increased its holdings in shares of Vicor by 240.4% during the fourth quarter. Pacer Advisors Inc. now owns 5,681 shares of the electronics maker’s stock valued at $623,000 after acquiring an additional 4,012 shares in the last quarter. Invesco Ltd. grew its position in Vicor by 125.8% during the 4th quarter. Invesco Ltd. now owns 148,659 shares of the electronics maker’s stock valued at $16,293,000 after purchasing an additional 82,831 shares during the last quarter. Corient Private Wealth LLC increased its stake in Vicor by 3.9% during the 4th quarter. Corient Private Wealth LLC now owns 4,861 shares of the electronics maker’s stock valued at $533,000 after purchasing an additional 184 shares in the last quarter. State of Tennessee Department of Treasury increased its stake in Vicor by 10.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 14,615 shares of the electronics maker’s stock valued at $1,602,000 after purchasing an additional 1,388 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Vicor in the fourth quarter worth about $81,000. 47.45% of the stock is owned by institutional investors.

About Vicor

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company’s product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.