Vicor (NASDAQ:VICR) Stock Price Up 6.3% – Should You Buy?

Vicor Corporation (NASDAQ:VICR) traded up 6.3% on Monday. The stock traded as high as $204.29 and last traded at $203.5590. 188,970 shares were traded during mid-day trading, a decline of 78% from the average session volume of 860,382 shares. The stock had previously closed at $191.50.

Key Stories Impacting Vicor

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

Wall Street Analyst Weigh In

VICR has been the topic of a number of analyst reports. Weiss Ratings lowered Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, September 18th. Wall Street Zen upgraded Vicor from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. Roth Capital restated a “buy” rating and issued a $375.00 target price on shares of Vicor in a research note on Tuesday, September 22nd. Zacks Research raised Vicor from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 1st. Finally, Needham & Company LLC reiterated a “buy” rating and set a $350.00 price target on shares of Vicor in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $391.67.

Vicor Stock Up 7.1%

The company has a market cap of $9.41 billion, a PE ratio of 65.43 and a beta of 2.37. The stock has a 50-day moving average of $228.76 and a 200-day moving average of $250.57.

Vicor (NASDAQ:VICR) last posted its quarterly earnings data 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. Vicor had a return on equity of 19.83% and a net margin of 30.65%. The company had revenue of $197.11 million during the quarter, compared to analyst estimates of $187.03 million. During the same quarter last year, the company earned $0.63 earnings per share. The firm’s quarterly revenue was up 78.5% on a year-over-year basis. Research analysts expect that Vicor Corporation will post 4.07 EPS for the current year.

Insiders Place Their Bets

In other Vicor news, VP Philip Davies sold 3,073 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was 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 $341,184. This trade represents a 61.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Zmira Lavie sold 908 shares of Vicor stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $250.00, for a total value of $227,000.00. Following the sale, the director owned 908 shares of the company’s stock, valued at approximately $227,000. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 27,053 shares of company stock worth $7,745,984 in the last ninety days. 28.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Vicor

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Vicor during the second quarter worth about $934,612,000. Jupiter Topco LLC purchased a new position in shares of Vicor in the 2nd quarter worth about $3,934,000. Maxi Investments CY Ltd bought a new position in shares of Vicor during the 2nd quarter valued at about $2,089,000. Bank of America Corp DE bought a new position in shares of Vicor during the 2nd quarter valued at about $33,515,000. Finally, Hsbc Holdings PLC increased its position in shares of Vicor by 796.8% during the 2nd quarter. Hsbc Holdings PLC now owns 70,523 shares of the electronics maker’s stock valued at $26,366,000 after purchasing an additional 62,659 shares during the last quarter. 47.45% of the stock is owned by hedge funds and other institutional investors.

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.