Ichor (NASDAQ:ICHR) Raised to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Ichor to “Buy” from “Hold.” Despite mixed ratings, analysts maintain a consensus “Moderate Buy” recommendation with an average price target of $87.
• Ichor reported quarterly EPS of $0.34, exceeding estimates of $0.31, while revenue rose 22.7% year over year to $294.78 million but fell short of expectations. The company issued third-quarter 2026 EPS guidance of $0.40–$0.50.
• The stock opened at $54.80, well below its 12-month high of $113.58. Insiders sold 43,902 shares worth about $2.4 million over the past 90 days, while institutional investors own 94.81% of the company.

Ichor (NASDAQ:ICHR - Get Free Report) was upgraded by Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Monday, Wall Street Zen reports.

A number of other research firms also recently commented on ICHR. Weiss Ratings restated a "sell (d-)" rating on shares of Ichor in a report on Wednesday, June 24th. B. Riley Financial cut their price objective on shares of Ichor from $125.00 to $105.00 and set a "buy" rating on the stock in a report on Tuesday, August 4th. Oppenheimer increased their target price on Ichor from $60.00 to $80.00 and gave the company a "market perform" rating in a research note on Tuesday, August 4th. TD Cowen reduced their price target on shares of Ichor from $115.00 to $100.00 and set a "buy" rating on the stock in a research report on Tuesday, August 4th. Finally, Needham & Company LLC raised their price objective on Ichor from $72.00 to $88.00 and gave the stock a "buy" rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $87.00.

Ichor Stock Performance

Shares of NASDAQ ICHR opened at $54.80 on Monday. The company has a 50-day simple moving average of $67.46 and a 200-day simple moving average of $68.01. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The company has a market cap of $2.05 billion, a PE ratio of -46.84 and a beta of 1.81. Ichor has a 12 month low of $14.06 and a 12 month high of $113.58.

Ichor (NASDAQ:ICHR - Get Free Report) last announced its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.03. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.47%. The firm had revenue of $294.78 million for the quarter, compared to analyst estimates of $300.17 million. During the same quarter last year, the business earned $0.03 earnings per share. Ichor's revenue was up 22.7% compared to the same quarter last year. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities analysts anticipate that Ichor will post 1.13 earnings per share for the current year.

Insider Transactions at Ichor

In other news, CFO Greg Swyt sold 2,068 shares of the business's stock in a transaction 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 sale, the chief financial officer owned 47,832 shares of the company's stock, valued at approximately $2,775,212.64. The trade was a 4.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Bruce Ragsdale sold 10,587 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $51.93, for a total transaction of $549,782.91. Following the completion of the sale, the chief operating officer owned 92,324 shares in the company, valued at approximately $4,794,385.32. This trade represents a 10.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 43,902 shares of company stock valued at $2,417,473. Company insiders own 1.70% of the company's stock.

Institutional Investors Weigh In On Ichor

Large investors have recently made changes to their positions in the company. Wellington Management Group LLP grew its position in Ichor by 54.3% in the second quarter. Wellington Management Group LLP now owns 1,108,844 shares of the technology company's stock worth $124,501,000 after acquiring an additional 390,017 shares in the last quarter. Royce & Associates LP boosted its holdings in Ichor by 48.5% in the fourth 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 in the last quarter. Kennedy Capital Management LLC increased its position in Ichor by 20.9% during the fourth quarter. Kennedy Capital Management LLC now owns 892,524 shares of the technology company's stock worth $16,449,000 after buying an additional 154,404 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Ichor by 2.1% during the first quarter. Principal Financial Group Inc. now owns 167,350 shares of the technology company's stock valued at $7,800,000 after buying an additional 3,494 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in shares of Ichor by 61.7% during the 1st quarter. Sei Investments Co. now owns 113,531 shares of the technology company's stock valued at $5,292,000 after acquiring an additional 43,320 shares during the last quarter. Institutional investors own 94.81% of the company's stock.

Ichor Company Profile

Ichor Holdings, Ltd. NASDAQ: ICHR designs, manufactures and services critical fluid-delivery systems and components used in semiconductor manufacturing equipment. Its products help control and deliver gases and chemicals used in processes such as wafer fabrication, including deposition, etching and cleaning.

The company's offerings include gas and chemical delivery modules, fluid-management systems, precision-machined components, weldments and related assemblies. Ichor also provides capabilities such as precision machining, welding, electropolishing, cleaning and component testing, allowing it to supply integrated subsystems to semiconductor capital-equipment manufacturers.

Founded in 1999 and headquartered in Fremont, California, Ichor serves a global customer base through engineering and manufacturing operations in North America, Europe and Asia.

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