Ichor Holdings, Ltd. (NASDAQ:ICHR) Stock Has Consensus Target Price of $87.00 According to Analysts

Ichor Holdings, Ltd. (NASDAQ:ICHR) has been assigned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $87.00.

Several research analysts recently weighed in on the stock. Oppenheimer upped their target price on shares of Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. Wall Street Zen cut Ichor from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Research upgraded Ichor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 19th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research note on Monday, September 21st. Finally, Stifel Nicolaus increased their target price on Ichor from $76.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, July 10th.

Insiders Place Their Bets

In other Ichor news, CFO Greg Swyt sold 2,068 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $58.02, for a total value of $119,985.36. Following the completion of the transaction, the chief financial officer directly owned 47,832 shares in the company, valued at $2,775,212.64. This represents a 4.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Bruce Ragsdale sold 10,587 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $51.93, for a total transaction of $549,782.91. Following the sale, the chief operating officer directly owned 92,324 shares of the company’s stock, valued at approximately $4,794,385.32. This trade represents a 10.29% decrease in their ownership of the stock. 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 sold a total of 43,902 shares of company stock valued at $2,417,473 in the last 90 days. 1.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ichor

Several institutional investors have recently bought and sold shares of ICHR. Assenagon Asset Management S.A. bought a new position in shares of Ichor during the 2nd quarter valued at approximately $5,165,000. Kennedy Capital Management LLC increased its position in Ichor by 20.9% in the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company’s stock worth $16,449,000 after purchasing an additional 154,404 shares during the last quarter. Hsbc Holdings PLC bought a new stake in Ichor in the fourth quarter worth $1,101,000. Wellington Management Group LLP raised its stake in Ichor by 54.3% during the second 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 in the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new position in Ichor during the first quarter valued at $892,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

Ichor Price Performance

NASDAQ ICHR opened at $62.48 on Tuesday. The company has a market capitalization of $2.34 billion, a PE ratio of -53.40 and a beta of 1.79. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 3.70. The business’s fifty day moving average is $61.78 and its 200 day moving average is $69.00. Ichor has a fifty-two week low of $14.06 and a fifty-two week high of $113.58.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings results on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%.The business had revenue of $294.78 million during the quarter, compared to analysts’ expectations of $300.17 million. During the same quarter in the prior year, the business posted $0.03 earnings per share. The business’s quarterly revenue was up 22.7% on a year-over-year basis. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts predict that Ichor will post 1.13 earnings per share for the current year.

About Ichor

Ichor Holdings, Ltd. (NASDAQ: ICHR) designs, engineers and manufactures critical fluid-delivery subsystems and components used in semiconductor manufacturing equipment. Its products help deliver, control and distribute gases and chemicals used in wafer fabrication processes.

The company’s offerings include gas and chemical delivery systems, precision-machined components, weldments, assemblies and other specialized components for semiconductor capital equipment. Ichor primarily serves original equipment manufacturers and other customers involved in the production of semiconductor devices.

Founded in 1999, Ichor is headquartered in Fremont, California, and operates manufacturing and engineering facilities across several regions, including North America, Europe and Asia.