Ichor (NASDAQ:ICHR) Updates Q3 2026 Earnings Guidance

Ichor (NASDAQ:ICHR) issued an update on its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share guidance of 0.400-0.500 for the period, compared to the consensus estimate of 0.390. The company issued revenue guidance of $315.0 million-$345.0 million, compared to the consensus revenue estimate of $313.8 million.

Ichor Trading Up 6.6%

NASDAQ:ICHR traded up $4.96 during trading hours on Monday, reaching $80.23. 1,429,833 shares of the stock were exchanged, compared to its average volume of 1,050,351. Ichor has a twelve month low of $13.12 and a twelve month high of $113.58. The business has a 50-day moving average of $85.48 and a two-hundred day moving average of $62.53. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of -54.21 and a beta of 1.82. 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 (NASDAQ:ICHR) last released its earnings results on Monday, August 3rd. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03. The company had revenue of $294.78 million during the quarter, compared to the consensus estimate of $300.17 million. Ichor had a negative return on equity of 1.10% and a negative net margin of 5.28%.Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. On average, equities analysts predict that Ichor will post 0.97 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. B. Riley Financial upped their price target on Ichor from $90.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday, June 18th. Needham & Company LLC lifted their price objective on Ichor from $48.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Zacks Research lowered shares of Ichor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Stifel Nicolaus raised their target price on shares of Ichor from $76.00 to $115.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Ichor in a research note on Wednesday, June 24th. Six analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $82.29.

Insiders Place Their Bets

In other news, Director Jorge Titinger sold 4,000 shares of Ichor stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $64.21, for a total value of $256,840.00. Following the transaction, the director directly owned 12,318 shares of the company’s stock, valued at $790,938.78. The trade was a 24.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Marc Haugen sold 5,337 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $75.63, for a total transaction of $403,637.31. Following the sale, the director owned 10,825 shares of the company’s stock, valued at approximately $818,694.75. This represents a 33.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 79,447 shares of company stock valued at $5,678,621. 1.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Ichor

A number of large investors have recently bought and sold shares of ICHR. Invesco Ltd. raised its stake in shares of Ichor by 141.2% during the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after buying an additional 1,770,425 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Ichor by 1,710.7% in the third quarter. Millennium Management LLC now owns 855,011 shares of the technology company’s stock valued at $14,980,000 after buying an additional 807,792 shares in the last quarter. J. Goldman & Co LP acquired a new position in Ichor during the fourth quarter worth $6,663,000. Heartland Advisors Inc. purchased a new position in Ichor in the fourth quarter worth $5,529,000. Finally, Ameriprise Financial Inc. raised its position in Ichor by 231.3% in the second quarter. Ameriprise Financial Inc. now owns 393,371 shares of the technology company’s stock worth $7,726,000 after acquiring an additional 274,633 shares in the last quarter. Hedge funds and other institutional investors own 94.81% of the company’s stock.

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.