Ichor (NASDAQ:ICHR) Updates Q2 2026 Earnings Guidance

Ichor (NASDAQ:ICHR) updated its second quarter 2026 earnings guidance on Monday. The company provided EPS guidance of 0.250-0.350 for the period, compared to the consensus EPS estimate of 0.200. The company issued revenue guidance of $290.0 million-$310.0 million, compared to the consensus revenue estimate of $267.4 million.

Ichor Stock Performance

Shares of NASDAQ ICHR traded down $4.99 during midday trading on Tuesday, reaching $64.73. 948,899 shares of the company were exchanged, compared to its average volume of 948,243. The stock has a market cap of $2.25 billion, a P/E ratio of -41.13 and a beta of 1.87. Ichor has a 1 year low of $13.12 and a 1 year high of $72.87. The stock has a fifty day simple moving average of $52.61 and a 200 day simple moving average of $33.91. 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 (NASDAQ:ICHR) last released its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The business had revenue of $256.07 million for the quarter, compared to analyst estimates of $251.32 million. Ichor had a negative return on equity of 1.28% and a negative net margin of 5.57%.The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 earnings per share. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, research analysts forecast that Ichor will post 0.73 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ICHR shares. Oppenheimer raised their price objective on shares of Ichor from $32.00 to $36.00 and gave the company a “market perform” rating in a research report on Tuesday, February 10th. Wall Street Zen upgraded Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th. DA Davidson upped their price target on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Craig Hallum reiterated a “buy” rating and issued a $36.00 price objective on shares of Ichor in a research note on Wednesday, January 14th. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Ichor currently has a consensus rating of “Moderate Buy” and an average target price of $52.86.

Insider Transactions at Ichor

In other Ichor news, CEO Philip Ryan Sr. Barros sold 21,000 shares of Ichor stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $46.63, for a total transaction of $979,230.00. Following the completion of the transaction, the chief executive officer owned 153,936 shares in the company, valued at approximately $7,178,035.68. The trade was a 12.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jorge Titinger sold 1,200 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $50.11, for a total transaction of $60,132.00. Following the completion of the sale, the director owned 13,969 shares in the company, valued at $699,986.59. This represents a 7.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,259 shares of company stock worth $5,689,250 in the last 90 days. Insiders own 1.70% of the company’s stock.

Ichor News Roundup

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Q1 beat — Ichor reported $0.15 EPS vs. $0.13 expected and revenue of $256.1M (above estimates), showing year-over-year revenue growth. Ichor Holdings, Ltd. Announces First Quarter 2026 Financial Results
• Positive Sentiment: Raised Q2 guide — management set Q2 EPS guidance of $0.25–$0.35 and revenue guidance of $290M–$310M, both above street consensus, which signals stronger near-term demand. Press Release / Guidance
• Positive Sentiment: Analyst upgrade — Needham raised its price target to $72 and reiterated a buy, providing third‑party confirmation of the company’s outlook. Benzinga
• Neutral Sentiment: Earnings call materials and transcripts are now available for color on backlog, customer demand and margin drivers — useful for investors digging into underlying trends. Ichor Holdings, Ltd. Q1 2026 Earnings Call Transcript
• Negative Sentiment: Margin and profitability questions — GAAP gross margin was low (~12.6%) and the company shows a negative net margin / negative ROE on a trailing basis; some investors may view the beat as not yet translating to sustained profitability. MarketBeat Earnings Summary
• Negative Sentiment: Profit-taking and valuation sensitivity — Ichor recently traded near its 12‑month high, so even with solid guidance some shareholders appear to be trimming positions, driving the intraday share decline. Ichor Stock Profile

Institutional Investors Weigh In On Ichor

Several hedge funds have recently modified their holdings of the company. Invesco Ltd. grew its stake in Ichor by 141.2% in the 4th quarter. Invesco Ltd. now owns 3,023,882 shares of the technology company’s stock worth $55,730,000 after acquiring an additional 1,770,425 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its position in shares of Ichor by 15.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,957,656 shares of the technology company’s stock valued at $36,080,000 after purchasing an additional 259,417 shares during the period. State Street Corp increased its stake in Ichor by 0.9% in the fourth quarter. State Street Corp now owns 1,285,419 shares of the technology company’s stock valued at $23,690,000 after purchasing an additional 11,645 shares during the last quarter. Nuveen LLC boosted its stake in Ichor by 6.7% in the 4th quarter. Nuveen LLC now owns 1,137,451 shares of the technology company’s stock worth $20,963,000 after buying an additional 71,238 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in Ichor by 1,710.7% in the 3rd 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 during the period. 94.81% of the stock is owned by institutional investors and hedge funds.

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.