Ichor (ICHR) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ichor in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ICHR shares.
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6 brokerages have issued 1 year target prices for Ichor's stock. Their ICHR share price forecasts range from $32.00 to $40.00. On average, they anticipate the company's share price to reach $36.43 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price.
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Ichor's stock was trading at $26.82 at the beginning of 2023. Since then, ICHR stock has increased by 21.3% and is now trading at $32.52.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
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Ichor Holdings, Ltd. (NASDAQ:ICHR) announced its earnings results on Tuesday, May, 9th. The technology company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.10. The technology company earned $225.87 million during the quarter, compared to analysts' expectations of $225 million. Ichor had a trailing twelve-month return on equity of 14.63% and a net margin of 5.34%.

ETFs with the largest weight of Ichor (NASDAQ:ICHR) stock in their portfolio include Invesco Dynamic Semiconductors ETF (PSI), Invesco S&P SmallCap Information Technology ETF (PSCT), Columbia Seligman Semiconductor and Technology ETF (SEMI), Fidelity Small-Mid Cap Opportunities ETF (FSMO), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Vanguard S&P Small-Cap 600 Value ETF (VIOV).iShares Micro-Cap ETF (IWC) and

Ichor issued an update on its second quarter earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of $(0.08)-$0.08 for the period, compared to the consensus estimate of $0.22. The company issued revenue guidance of $170-190 million, compared to the consensus revenue estimate of $214.53 million.

4 employees have rated Ichor Chief Executive Officer Tom Rohrs on Glassdoor.com. Tom Rohrs has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ichor investors own include Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Block (SQ), Applied Materials (AMAT), Netflix (NFLX), Intelsat (I) and Intel (INTC).

(ICHR) raised $75 million in an initial public offering (IPO) on Friday, December 9th 2016. The company issued 5,800,000 shares at a price of $12.00-$14.00 per share. Deutsche Bank Securities and Stifel served as the underwriters for the IPO and RBC Capital Markets and Cowen and Company Needham were co-managers.

Ichor trades on the NASDAQ under the ticker symbol "ICHR."

Ichor's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.66%), FMR LLC (9.10%), Dimensional Fund Advisors LP (5.02%), Macquarie Group Ltd. (4.24%), Macquarie Group Ltd. (4.24%) and State Street Corp (3.85%). Insiders that own company stock include Carlos M Garcia, Iain Mackenzie, Kevin M Canty, Marc Haugen, Philip Ryan Sr Barros, Thomas M Rohrs and Wendy Arienzo.
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Shares of ICHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ICHR stock can currently be purchased for approximately $32.52.

Ichor (NASDAQ:ICHR) has a market capitalization of $945.03 million and generates $1.28 billion in revenue each year. The technology company earns $72.80 million in net income (profit) each year or $2.23 on an earnings per share basis.

The company employs 2,980 workers across the globe.

Ichor's mailing address is 3185 Laurelview Ct, Fremont CA, 94538. The official website for the company is www.ichorsystems.com. The technology company can be reached via phone at (510) 897-5200 or via email at mcarson@ichorsystems.com.