Vicor Corporation (NASDAQ:VICR) Stock Has Average Price Target of $391.67 According to Brokerages

Vicor Corporation (NASDAQ:VICR) has received an average recommendation of “Buy” from the five analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $391.67.

Several equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. Wall Street Zen raised shares of Vicor from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $350.00 price objective on shares of Vicor in a research report on Tuesday. Roth Capital reiterated a “buy” rating and issued a $375.00 target price on shares of Vicor in a research note on Tuesday, September 22nd. Finally, Weiss Ratings downgraded shares of Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th.

Insider Buying and Selling

In related news, VP Philip Davies sold 3,073 shares of Vicor stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $177.70, for a total value of $546,072.10. Following the sale, the vice president owned 1,920 shares of the company’s stock, valued at approximately $341,184. The trade was a 61.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Zmira Lavie sold 908 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $250.00, for a total value of $227,000.00. Following the completion of the transaction, the director owned 908 shares in the company, valued at approximately $227,000. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 27,053 shares of company stock valued at $7,745,984. 28.30% of the stock is owned by company insiders.

Institutional Trading of Vicor

A number of large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Vicor in the second quarter valued at approximately $934,612,000. Andar Capital Management HK Ltd purchased a new stake in shares of Vicor during the 2nd quarter valued at approximately $101,100,000. The Manufacturers Life Insurance Company lifted its stake in shares of Vicor by 39.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 603,364 shares of the electronics maker’s stock valued at $97,142,000 after buying an additional 171,175 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Vicor by 43.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 536,274 shares of the electronics maker’s stock worth $86,340,000 after buying an additional 162,186 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in Vicor in the 2nd quarter worth approximately $53,161,000. 47.45% of the stock is owned by hedge funds and other institutional investors.

Vicor Price Performance

Shares of NASDAQ:VICR opened at $204.14 on Wednesday. The company has a market capitalization of $9.41 billion, a PE ratio of 65.43 and a beta of 2.37. The business has a fifty day moving average price of $228.76 and a two-hundred day moving average price of $250.57. Vicor has a 1 year low of $60.95 and a 1 year high of $382.65.

Vicor (NASDAQ:VICR) last announced its earnings results on Tuesday, October 20th. The electronics maker reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.01. The firm had revenue of $197.11 million during the quarter, compared to analyst estimates of $187.03 million. Vicor had a return on equity of 19.83% and a net margin of 30.65%. The business’s revenue was up 78.5% compared to the same quarter last year. During the same period last year, the firm posted $0.63 EPS. Sell-side analysts anticipate that Vicor will post 4.07 earnings per share for the current year.

Vicor News Summary

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Q3 revenue rose 78.5% year over year to $197.1 million, while diluted EPS increased to $1.33 from $0.63. Revenue exceeded the consensus estimate of $187.03 million, although EPS was slightly below some estimates. Vicor Corporation Q3 Results
• Positive Sentiment: Backlog grew 166% year over year to $406 million, providing stronger visibility into future demand. Gross margin also expanded to 68.3%, and operating cash flow increased to $69.7 million. Vicor Reports Third-Quarter Results
• Positive Sentiment: Management highlighted robust AI demand, demonstrations of its second-generation vertical power delivery technology and the first VPD license granted to an AI OEM. Royalty revenue reached $66.6 million, more than triple the year-ago level. Vicor Earnings Call Highlights AI Demand
• Positive Sentiment: Vicor purchased two additional sites near its Andover operations, potentially enabling nearly a fivefold capacity increase. Needham reaffirmed its buy rating and set a $350 price target. Vicor Key Takeaways
• Neutral Sentiment: EPS of $1.33 beat one consensus measure of $1.32 by $0.01 but missed estimates of $1.37-$1.39 cited by other services, creating a modest earnings-quality concern. Vicor Q3 Earnings Estimate
• Negative Sentiment: Operating expenses rose to $62.5 million, partly because of patent-enforcement fees. Ongoing litigation and an ITC investigation remain risks to profitability and execution. Vicor Revenue and Earnings Report

Vicor Company Profile

Vicor Corporation (NASDAQ: VICR) designs, develops, manufactures and markets modular power components and systems. The company’s products convert, regulate and distribute electrical power for electronic equipment, with an emphasis on high-performance, compact and efficient power solutions.

Its portfolio includes AC-to-DC and DC-to-DC converters, regulators, power modules, power distribution components and complete power systems. Vicor’s technologies include its Factorized Power Architecture and high-density ChiP packaging, which are designed to help engineers manage power more efficiently while reducing the size and complexity of electronic systems.

Vicor serves customers in industries such as data centers and computing, telecommunications, automotive, aerospace and defense, industrial equipment, and consumer electronics.