Brokerages Set Ichor Holdings, Ltd. (NASDAQ:ICHR) Target Price at $64.57

Ichor Holdings, Ltd. (NASDAQ:ICHR) has earned a consensus rating of “Moderate Buy” from the nine brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $64.5714.

Several analysts have recently commented on the stock. DA Davidson raised their price objective on shares of Ichor from $30.00 to $53.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. B. Riley Financial reaffirmed a “buy” rating on shares of Ichor in a research report on Monday, April 20th. Wall Street Zen raised shares of Ichor from a “strong sell” rating to a “hold” rating in a research report on Sunday, February 15th. Oppenheimer raised their price objective 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. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ichor in a research report on Friday, March 27th.

Ichor Price Performance

Shares of NASDAQ ICHR opened at $71.52 on Wednesday. Ichor has a twelve month low of $13.12 and a twelve month high of $78.00. The firm has a fifty day simple moving average of $62.00 and a 200 day simple moving average of $40.62. The company has a market capitalization of $2.49 billion, a PE ratio of -48.32 and a beta of 1.87. 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 (NASDAQ:ICHR) last announced its earnings results on Monday, May 4th. The technology company reported $0.15 earnings per share 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 business had revenue of $256.07 million during the quarter, compared to the consensus estimate of $251.32 million. During the same quarter last year, the firm earned $0.12 earnings per share. Ichor’s quarterly revenue was up 4.7% on a year-over-year basis. Ichor has set its Q2 2026 guidance at 0.250-0.350 EPS. On average, sell-side analysts forecast that Ichor will post 0.97 EPS for the current year.

Insider Activity at Ichor

In related news, Director Marc Haugen sold 5,337 shares of Ichor stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $75.63, for a total value of $403,637.31. Following the completion of the sale, the director owned 10,825 shares of the company’s stock, valued at approximately $818,694.75. This trade represents a 33.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Greg Swyt sold 19,662 shares of Ichor stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $70.42, for a total transaction of $1,384,598.04. Following the completion of the sale, the chief financial officer directly owned 60,971 shares of the company’s stock, valued at approximately $4,293,577.82. The trade was a 24.38% 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. In the last 90 days, insiders sold 38,922 shares of company stock valued at $2,760,623. 1.70% of the stock is owned by company insiders.

Institutional Trading of Ichor

Several hedge funds have recently bought and sold shares of the business. Amundi purchased a new position in Ichor during the 1st quarter worth $217,000. California State Teachers Retirement System boosted its holdings in Ichor by 31.1% during the 1st quarter. California State Teachers Retirement System now owns 40,806 shares of the technology company’s stock worth $1,902,000 after acquiring an additional 9,677 shares during the last quarter. Maverick Capital Ltd. purchased a new position in Ichor during the 1st quarter worth $1,138,000. Lombard Odier Asset Management Europe Ltd purchased a new position in Ichor during the 1st quarter worth $2,684,000. Finally, Gabelli Funds LLC purchased a new position in Ichor during the 1st quarter worth $979,000. Institutional investors and hedge funds 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.