Ichor (NASDAQ:ICHR) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Key Points

• Needham raised its price target to $72 (from $48) and maintained a "buy" rating on Ichor, a target that implies roughly a 3.3% upside from the current share price.
• Ichor beat Q1 estimates (EPS $0.15 vs. $0.13; revenue $256.1M vs. $251.3M) and raised Q2 guidance to EPS $0.25–$0.35 and revenue $290–$310M, supporting near-term earnings optimism.
• Profitability and insider activity remain concerns: the company reported a negative net margin (~-5.6%) and negative ROE, and insiders sold about 120,259 shares over the past three months.

Ichor (NASDAQ:ICHR - Get Free Report) had its price objective raised by equities research analysts at Needham & Company LLC from $48.00 to $72.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a "buy" rating on the technology company's stock. Needham & Company LLC's target price would indicate a potential upside of 3.27% from the stock's current price.

ICHR has been the topic of a number of other reports. DA Davidson increased their price target on shares of Ichor from $30.00 to $53.00 and gave the company a "buy" rating in a research report on Wednesday, February 11th. Craig Hallum reaffirmed a "buy" rating and set a $36.00 price target on shares of Ichor in a research report on Wednesday, January 14th. Wall Street Zen upgraded shares of Ichor from a "strong sell" rating to a "hold" rating in a report on Sunday, February 15th. Weiss Ratings restated a "sell (d-)" rating on shares of Ichor in a report on Friday, March 27th. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Ichor in a research report on Monday, April 20th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Ichor currently has a consensus rating of "Moderate Buy" and an average target price of $52.86.

Ichor Stock Performance

NASDAQ ICHR opened at $69.72 on Tuesday. The company has a 50 day moving average of $52.61 and a 200-day moving average of $33.91. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of -45.27 and a beta of 1.87. The company has a current ratio of 3.16, a quick ratio of 1.38 and a debt-to-equity ratio of 0.18. Ichor has a 1-year low of $13.12 and a 1-year high of $72.87.

Ichor (NASDAQ:ICHR - Get Free Report) last posted its quarterly earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.02. Ichor had a negative return on equity of 1.28% and a negative net margin of 5.57%.The business had revenue of $256.07 million for the quarter, compared to analysts' expectations of $251.32 million. During the same quarter last year, the business earned $0.12 earnings per share. The firm's quarterly revenue was up 4.7% compared to the same quarter last year. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, equities analysts forecast that Ichor will post 0.73 earnings per share for the current fiscal year.

Insider Buying and Selling at Ichor

In related news, CFO Greg Swyt sold 3,000 shares of the business's stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $51.20, for a total value of $153,600.00. Following the transaction, the chief financial officer owned 78,679 shares in the company, valued at $4,028,364.80. The trade was a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Thomas M. Rohrs sold 53,908 shares of the company's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $45.48, for a total value of $2,451,735.84. Following the sale, the director owned 53,024 shares in the company, valued at approximately $2,411,531.52. The trade was a 50.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 120,259 shares of company stock valued at $5,689,250 over the last three months. 1.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Ichor

Several institutional investors and hedge funds have recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new position in shares of Ichor in the 1st quarter worth approximately $37,000. Newbridge Financial Services Group Inc. bought a new position in Ichor during the second quarter valued at $27,000. Steward Partners Investment Advisory LLC purchased a new stake in Ichor in the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. lifted its holdings in shares of Ichor by 64.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,500 shares of the technology company's stock worth $28,000 after acquiring an additional 590 shares during the last quarter. Finally, Danske Bank A S bought a new stake in shares of Ichor in the 3rd quarter worth approximately $28,000. Hedge funds and other institutional investors own 94.81% of the company's stock.

Trending Headlines about Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Beat Q1 EPS and revenue estimates (EPS $0.15 vs. $0.13 est; revenue $256.1M). This directly supports near-term earnings optimism. Ichor Holdings (ICHR) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Company raised Q2 2026 guidance (EPS $0.25–0.35; revenue $290–310M), well above consensus — a key driver of the stock’s move higher. Ichor Holdings, Ltd. Announces First Quarter 2026 Financial Results
• Neutral Sentiment: Management commentary and color are available in the Q1 earnings-call transcripts; useful for details on demand trends, backlog and margin recovery but not materially changing the headline beat/guidance. Ichor (ICHR) Q1 2026 Earnings Call Transcript (Fool) Ichor Holdings, Ltd. (ICHR) Q1 2026 Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Press snapshot/recaps provide additional context on quarter metrics and comparisons to prior guidance; helpful for confirmatory detail. Ichor Holdings: Q1 Earnings Snapshot
• Negative Sentiment: Profitability remains a concern: the company reported a negative net margin (~-5.6%) and negative return on equity, and GAAP earnings dynamics remain weak despite revenue growth — these temper longer-term valuation support. Ichor Holdings Q1 earnings report (MarketBeat)

About Ichor

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.

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