Analysts Set Ichor Holdings, Ltd. (NASDAQ:ICHR) PT at $71.71

Ichor Holdings, Ltd. (NASDAQ:ICHR) has received an average recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $71.7143.

Several analysts have weighed in on the stock. Needham & Company LLC boosted their target price on shares of Ichor from $48.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus set a $76.00 target price on shares of Ichor in a research report on Friday, May 1st. Oppenheimer boosted their target price on shares of Ichor from $36.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, May 5th. B. Riley Financial boosted their target price on shares of Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, TD Cowen boosted their target price on shares of Ichor from $55.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th.

Insider Activity at Ichor

In other Ichor news, Director Jorge Titinger sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total transaction of $256,840.00. Following the sale, the director owned 12,318 shares of the company’s stock, valued at approximately $790,938.78. The trade was a 24.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Greg Swyt sold 6,820 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $66.81, for a total transaction of $455,644.20. Following the sale, the chief financial officer directly owned 53,070 shares in the company, valued at approximately $3,545,606.70. This represents a 11.39% 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. Insiders have sold 79,447 shares of company stock worth $5,678,621 in the last 90 days. 1.70% of the stock is owned by insiders.

Institutional Trading of Ichor

Several institutional investors and hedge funds have recently bought and sold shares of ICHR. Invesco Ltd. lifted its stake in Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock valued at $55,730,000 after acquiring an additional 1,770,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Ichor by 497.2% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,698,239 shares of the technology company’s stock valued at $29,753,000 after acquiring an additional 1,413,870 shares during the period. Millennium Management LLC lifted its stake in Ichor by 1,710.7% during the 3rd quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after acquiring an additional 807,792 shares during the period. Royce & Associates LP lifted its stake in Ichor by 48.5% during the 4th quarter. Royce & Associates LP now owns 1,449,082 shares of the technology company’s stock valued at $26,707,000 after acquiring an additional 473,440 shares during the period. Finally, J. Goldman & Co LP acquired a new stake in Ichor during the 4th quarter valued at approximately $6,663,000. 94.81% of the stock is currently owned by institutional investors and hedge funds.

Ichor Stock Down 1.1%

Shares of Ichor stock opened at $94.00 on Friday. The firm’s 50 day moving average price is $74.84 and its 200-day moving average price is $49.87. The company has a quick ratio of 1.21, a current ratio of 2.82 and a debt-to-equity ratio of 0.17. Ichor has a 52-week low of $13.12 and a 52-week high of $101.65. The company has a market cap of $3.28 billion, a P/E ratio of -63.51 and a beta of 1.87.

Ichor (NASDAQ:ICHR) last issued its quarterly earnings data on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Ichor had a negative net margin of 5.28% and a negative return on equity of 1.10%. The firm had revenue of $256.07 million for the quarter, compared to the consensus estimate of $251.32 million. During the same quarter in the previous year, the firm earned $0.12 EPS. The company’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, sell-side analysts predict that Ichor will post 0.97 EPS for the current fiscal year.

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.