Needham & Company LLC Reiterates “Buy” Rating for Vicor (NASDAQ:VICR)

Vicor (NASDAQ:VICR)‘s stock had its “buy” rating restated by stock analysts at Needham & Company LLC in a research report issued on Tuesday, MarketBeat.com reports. They presently have a $320.00 target price on the electronics maker’s stock. Needham & Company LLC’s price objective indicates a potential upside of 13.01% from the stock’s previous close.

A number of other brokerages also recently commented on VICR. Weiss Ratings downgraded Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Craig Hallum increased their target price on Vicor to $450.00 and gave the stock a “buy” rating in a research report on Monday, June 22nd. Zacks Research cut shares of Vicor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 2nd. Finally, Roth Capital raised their price objective on Vicor from $285.00 to $375.00 and gave the company a “buy” rating in a research report on Monday, June 22nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $381.67.

Vicor Price Performance

NASDAQ:VICR opened at $283.16 on Tuesday. The firm has a 50 day simple moving average of $209.82 and a 200-day simple moving average of $238.13. The firm has a market cap of $13.06 billion, a PE ratio of 90.76 and a beta of 2.35. Vicor has a 1-year low of $47.56 and a 1-year high of $382.65.

Vicor (NASDAQ:VICR) last announced its earnings results on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.39. The firm had revenue of $143.35 million for the quarter, compared to analyst estimates of $138.37 million. Vicor had a net margin of 30.65% and a return on equity of 19.83%. Vicor’s revenue was up 49.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.91 earnings per share. As a group, sell-side analysts expect that Vicor will post 3.64 earnings per share for the current fiscal year.

Insider Activity

In other news, VP Philip D. Davies sold 3,073 shares of the company’s stock in a transaction 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 completion of the transaction, the vice president directly owned 1,920 shares in the company, valued at approximately $341,184. This represents a 61.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Zmira Lavie sold 908 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $250.00, for a total transaction of $227,000.00. Following the sale, the director directly owned 908 shares of the company’s stock, valued at approximately $227,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 91,157 shares of company stock worth $30,270,191 over the last three months. Insiders own 28.30% of the company’s stock.

Hedge Funds Weigh In On Vicor

A number of institutional investors have recently added to or reduced their stakes in the company. Harbour Investments Inc. acquired a new stake in shares of Vicor during the fourth quarter valued at about $32,000. Allworth Financial LP lifted its stake in shares of Vicor by 960.0% in the fourth quarter. Allworth Financial LP now owns 318 shares of the electronics maker’s stock worth $35,000 after acquiring an additional 288 shares in the last quarter. Blue Trust Inc. lifted its stake in shares of Vicor by 1,814.3% in the first quarter. Blue Trust Inc. now owns 268 shares of the electronics maker’s stock worth $43,000 after acquiring an additional 254 shares in the last quarter. ROSS JOHNSON & Associates LLC boosted its holdings in Vicor by 13,750.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 277 shares of the electronics maker’s stock valued at $45,000 after purchasing an additional 275 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its holdings in Vicor by 189.4% in the first quarter. Meeder Asset Management Inc. now owns 301 shares of the electronics maker’s stock valued at $48,000 after purchasing an additional 197 shares during the last quarter. Institutional investors and hedge funds own 47.45% of the company’s stock.

Vicor News Roundup

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Higher third-quarter guidance was the primary catalyst. Vicor raised its Q3 growth outlook to more than 20%, prompting a sharp premarket and after-hours reaction. The improved outlook suggests stronger demand for the company’s power-conversion products and was subsequently described as an upgrade to its growth and royalty-income forecast. Why Vicor Shares Are Trading Higher
• Positive Sentiment: AI customer and licensing activity is strengthening the long-term growth narrative. Vicor licensed its Vertical Power Delivery patents to another AI-system manufacturer. The arrangement could generate royalties and may also lead the customer to purchase Vicor modules, supporting potentially higher-margin recurring income as AI infrastructure demand expands. Vicor Licenses Power Patents to AI System Maker
• Positive Sentiment: Analyst sentiment remains supportive. Roth MKM and Needham reiterated Buy ratings, with reported price targets of $375 and $320, respectively. Analysts have also been raising earnings estimates, reinforcing expectations that the guidance increase could translate into stronger financial results. Analysts Are Bullish on Vicor
• Neutral Sentiment: Broader market conditions are favorable but add limited company-specific information. The Nasdaq 100 was testing records as the AI trade continued to lead technology stocks, providing a supportive backdrop for VICR.
• Negative Sentiment: Momentum and valuation risks are notable. Benzinga flagged Vicor’s overbought relative-strength reading, while the stock’s high earnings multiple leaves less room for disappointment if AI demand, licensing revenue or execution falls short of expectations. Industrials Stocks With Overbought RSI Readings

Vicor Company Profile

Vicor Corporation (NASDAQ: VICR) designs, manufactures and markets modular power components and power systems. The company’s products are used to convert, regulate and distribute electrical power in electronic systems, with an emphasis on high-density, efficient and scalable power-conversion technology.

Its portfolio includes AC-to-DC and DC-to-DC power modules, bus converters, point-of-load regulators, power accessories and complete power systems. Vicor’s Factorized Power Architecture separates power conversion, transformation and regulation functions to help customers address power-density, thermal-management and system-design requirements.

Vicor serves customers in markets including data centers and communications infrastructure, automotive and transportation, aerospace and defense, industrial equipment, and other high-performance electronics applications.