Ichor (NASDAQ:ICHR) Releases Q3 2026 Earnings Guidance

Ichor (NASDAQ:ICHR) updated its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.400-0.500 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

ICHR has been the subject of several analyst reports. Oppenheimer boosted their price objective on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a research report on Tuesday. Needham & Company LLC raised their price target on Ichor from $72.00 to $88.00 and gave the company a “buy” rating in a report on Tuesday. 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 research note on Friday, July 10th. B. Riley Financial decreased their price objective on shares of Ichor from $125.00 to $105.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Zacks Research downgraded Ichor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Ichor currently has an average rating of “Moderate Buy” and an average target price of $82.43.

Ichor Trading Down 1.0%

Shares of NASDAQ ICHR opened at $70.55 on Wednesday. The business has a fifty day simple moving average of $85.68 and a 200-day simple moving average of $63.21. The company has a market cap of $2.46 billion, a price-to-earnings ratio of -47.67 and a beta of 1.82. Ichor has a 12 month low of $13.77 and a 12 month high of $113.58. 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 posted its quarterly earnings data on Monday, August 3rd. The technology company reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $294.78 million during the quarter, compared to analyst estimates of $300.17 million. Ichor had a negative net margin of 3.97% and a positive return on equity of 0.50%. The business’s quarterly revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.03 earnings per share. Ichor has set its Q3 2026 guidance at 0.400-0.500 EPS. Sell-side analysts predict that Ichor will post 0.97 EPS for the current year.

Insider Buying and Selling at Ichor

In other Ichor news, CFO Greg Swyt sold 19,662 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was 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 in the company, valued at approximately $4,293,577.82. This trade represents a 24.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Laura A. Black sold 20,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $75.02, for a total value of $1,500,400.00. Following the completion of the transaction, the director owned 20,462 shares in the company, valued at $1,535,059.24. This represents a 49.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 79,447 shares of company stock valued at $5,678,621 in the last ninety days. Company insiders own 1.70% of the company’s stock.

More Ichor News

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Adjusted Q2 earnings were $0.34 per share, above the $0.31 consensus estimate, while revenue increased roughly 23% year over year to $294.8 million. Margin improvement helped offset the sales miss. ICHR Q2 Earnings Beat Estimates on Margin Gains, Revenues Rise Y/Y
• Positive Sentiment: Management provided above-consensus Q3 guidance of $315 million to $345 million in revenue and $0.40 to $0.50 in EPS. The company expects second-half volumes to be at least 25% higher than the first half as supply constraints ease and semiconductor customers increase production. Ichor anticipates Q3 revenue of $315M-$345M
• Positive Sentiment: Needham raised its price target to $88 from $72 and kept a Buy rating, while B. Riley maintained Buy and set a $105 target. The firms cited improving demand, margins and growth prospects. Ichor Holdings PT Raised to $88 at Needham
• Neutral Sentiment: Oppenheimer raised its price target to $80 from $60 but retained a Market Perform rating, signaling greater valuation support without a strong bullish conviction. Benzinga analyst commentary
• Negative Sentiment: Q2 revenue of $294.8 million fell short of the approximately $300.2 million consensus estimate. The miss, along with still-low gross margins and a GAAP net loss, appears to be outweighing the adjusted EPS beat and optimistic outlook in the near term. Ichor Holdings falls on Q2 revenue miss

Institutional Trading of Ichor

A number of institutional investors have recently bought and sold shares of the company. Invesco Ltd. increased its holdings in Ichor by 141.2% in the fourth 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 during the last quarter. Millennium Management LLC lifted its stake in 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 acquiring an additional 807,792 shares during the last quarter. J. Goldman & Co LP bought a new stake in Ichor in the fourth quarter worth approximately $6,663,000. Heartland Advisors Inc. bought a new stake in Ichor in the fourth quarter worth approximately $5,529,000. Finally, Ameriprise Financial Inc. increased its stake in shares of Ichor by 231.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 393,371 shares of the technology company’s stock worth $7,726,000 after purchasing an additional 274,633 shares during the last quarter. Institutional investors and hedge funds own 94.81% of the company’s stock.

Ichor Company Profile

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.