Ichor (NASDAQ:ICHR) Stock Price Target Cut by B. Riley Financial

Ichor (NASDAQ:ICHR) had its price objective reduced by analysts at B. Riley Financial from $85.00 to $70.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. B. Riley Financial‘s target price points to a potential upside of 92.40% from the stock’s previous close.

Several other research firms have also weighed in on ICHR. Wall Street Zen upgraded shares of Ichor from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. TD Cowen lowered their price objective on shares of Ichor from $100.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday. Stifel Nicolaus lowered their price objective on shares of Ichor from $115.00 to $93.00 and set a “buy” rating on the stock in a research report on Tuesday. Freedom Broker began coverage on shares of Ichor in a research note on Friday, October 9th. They issued a “buy” rating and a $82.00 target price on the stock. Finally, Needham & Company LLC reduced their target price on shares of Ichor from $88.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $70.89.

Ichor Stock Performance

ICHR stock traded down $0.46 during midday trading on Tuesday, hitting $36.38. The company’s stock had a trading volume of 536,967 shares, compared to its average volume of 978,772. The stock’s 50-day moving average price is $52.61 and its 200 day moving average price is $60.52. The company has a quick ratio of 2.07, a current ratio of 3.70 and a debt-to-equity ratio of 0.13. Ichor has a 1 year low of $14.06 and a 1 year high of $113.58. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of -31.24 and a beta of 1.79.

Ichor (NASDAQ:ICHR) last announced its earnings results on Monday, November 2nd. The technology company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.18. The firm had revenue of $328.70 million during the quarter, compared to analyst estimates of $330.15 million. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%. The business’s revenue was up 37.4% compared to the same quarter last year. During the same period last year, the firm posted $0.07 EPS. On average, equities analysts forecast that Ichor will post 1.13 EPS for the current year.

Insider Transactions at Ichor

In other news, Director Iain MacKenzie sold 20,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $50.66, for a total transaction of $1,013,200.00. Following the transaction, the director owned 102,427 shares of the company’s stock, valued at $5,188,951.82. This represents a 16.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Philip Barros, Jr. sold 1,314 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total value of $81,310.32. Following the transaction, the chief executive officer owned 161,562 shares of the company’s stock, valued at $9,997,456.56. The trade was a 0.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 46,740 shares of company stock worth $2,602,960 over the last quarter. 1.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ichor

Several institutional investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. purchased a new position in shares of Ichor in the second quarter valued at $5,165,000. Wellington Management Group LLP raised its stake in shares of Ichor by 54.3% during the 2nd quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company’s stock valued at $124,501,000 after purchasing an additional 390,017 shares during the period. Robeco Institutional Asset Management B.V. bought a new stake in shares of Ichor during the 3rd quarter valued at $1,991,000. Hsbc Holdings PLC purchased a new stake in Ichor during the 4th quarter worth about $1,101,000. Finally, Calamos Advisors LLC purchased a new stake in Ichor during the 1st quarter worth about $1,870,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Adjusted EPS was $0.63, well above the $0.45 analyst consensus and up sharply from $0.07 a year earlier. Revenue rose 37.4% year over year to $328.7 million, while gross margin improved to 15.8% on a GAAP basis and 16.0% on a non-GAAP basis. Ichor Holdings Beats Q3 Earnings Estimates
• Positive Sentiment: Ichor’s fourth-quarter EPS guidance of $0.65 to $0.75 exceeds the $0.60 consensus estimate, suggesting management expects earnings momentum to continue. Ichor Announces Third Quarter 2026 Financial Results
• Neutral Sentiment: Fourth-quarter revenue guidance of $345 million to $365 million brackets the $364.4 million consensus estimate. The midpoint is below expectations, but the upper end remains broadly in line with forecasts. Ichor Reports Third-Quarter Results
• Negative Sentiment: Quarterly revenue of $328.7 million came in modestly below the $330.15 million consensus estimate, indicating that the earnings beat was driven more by margins than by sales growth. Ichor Quarterly Earnings Report
• Negative Sentiment: Analysts cut their forecasts following the results, likely reflecting concerns about revenue trends and the sustainability of recent margin gains. These downward revisions are weighing on sentiment despite the EPS beat. Ichor Analysts Slash Their Forecasts

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) is a supplier to the semiconductor equipment industry. The company designs, engineers and manufactures critical fluid-delivery subsystems used in semiconductor fabrication equipment, including systems that deliver and control gases and chemicals during the wafer-manufacturing process.

Ichor’s products and services include gas and chemical delivery systems, precision-machined components, weldments, fluid-management assemblies and related engineering and manufacturing services.