TD Cowen Issues Pessimistic Forecast for Ichor (NASDAQ:ICHR) Stock Price

Ichor (NASDAQ:ICHR) had its price objective decreased by equities research analysts at TD Cowen from $100.00 to $55.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. TD Cowen‘s price objective indicates a potential upside of 48.31% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Ichor in a research note on Monday, September 21st. Needham & Company LLC lowered their target price on Ichor from $88.00 to $55.00 and set a “buy” rating on the stock in a research report on Tuesday. Oppenheimer increased their target price on Ichor from $60.00 to $80.00 and gave the stock a “market perform” rating in a report on Tuesday, August 4th. Freedom Broker began coverage on shares of Ichor in a research report on Friday, October 9th. They issued a “buy” rating and a $82.00 price target for the company. Finally, DA Davidson upgraded shares of Ichor to a “strong-buy” rating in a research note on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ichor currently has an average rating of “Moderate Buy” and an average target price of $74.78.

Ichor Stock Up 0.7%

Shares of ICHR traded up $0.24 during trading hours on Tuesday, hitting $37.09. The stock had a trading volume of 374,457 shares, compared to its average volume of 978,191. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.70 and a quick ratio of 2.07. The firm has a 50 day simple moving average of $52.61 and a 200-day simple moving average of $60.52. The firm has a market capitalization of $1.39 billion, a P/E ratio of -31.52 and a beta of 1.79. Ichor has a 1-year low of $14.06 and a 1-year high of $113.58.

Ichor (NASDAQ:ICHR) last issued its earnings results on Monday, November 2nd. The technology company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.18. Ichor had a positive return on equity of 0.47% and a negative net margin of 3.97%. The business had revenue of $328.70 million during the quarter, compared to analyst estimates of $330.15 million. During the same period in the previous year, the company posted $0.07 EPS. The firm’s revenue was up 37.4% compared to the same quarter last year. Sell-side analysts predict that Ichor will post 1.13 EPS for the current fiscal year.

Insider Buying and Selling

In other Ichor news, CEO Philip Barros, Jr. sold 1,314 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $61.88, for a total transaction of $81,310.32. Following the completion of the sale, the chief executive officer directly owned 161,562 shares of the company’s stock, valued at approximately $9,997,456.56. The trade was a 0.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Bruce Ragsdale sold 10,587 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $51.93, for a total value of $549,782.91. Following the sale, the chief operating officer directly owned 92,324 shares of the company’s stock, valued at $4,794,385.32. This represents a 10.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 46,740 shares of company stock worth $2,602,960 over the last 90 days. Company insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On Ichor

Several institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC raised its position in Ichor by 21.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,732 shares of the technology company’s stock valued at $293,000 after buying an additional 840 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Ichor by 6.4% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 8,367 shares of the technology company’s stock worth $518,000 after acquiring an additional 500 shares during the last quarter. Arlington Capital Management INC purchased a new position in Ichor during the 3rd quarter worth $2,741,000. Trek Financial LLC purchased a new position in Ichor during the 3rd quarter worth $538,000. Finally, Sigma Planning Corp purchased a new position in Ichor during the 3rd quarter worth $253,000. Institutional investors own 94.81% of the company’s stock.

Trending Headlines about Ichor

Here are the key news stories impacting Ichor this week:

• Positive Sentiment: Adjusted EPS was $0.63, well above the $0.45 analyst consensus and up sharply from $0.07 a year earlier. Revenue rose 37.4% year over year to $328.7 million, while gross margin improved to 15.8% on a GAAP basis and 16.0% on a non-GAAP basis. Ichor Holdings Beats Q3 Earnings Estimates
• Positive Sentiment: Ichor’s fourth-quarter EPS guidance of $0.65 to $0.75 exceeds the $0.60 consensus estimate, suggesting management expects earnings momentum to continue. Ichor Announces Third Quarter 2026 Financial Results
• Neutral Sentiment: Fourth-quarter revenue guidance of $345 million to $365 million brackets the $364.4 million consensus estimate. The midpoint is below expectations, but the upper end remains broadly in line with forecasts. Ichor Reports Third-Quarter Results
• Negative Sentiment: Quarterly revenue of $328.7 million came in modestly below the $330.15 million consensus estimate, indicating that the earnings beat was driven more by margins than by sales growth. Ichor Quarterly Earnings Report
• Negative Sentiment: Analysts cut their forecasts following the results, likely reflecting concerns about revenue trends and the sustainability of recent margin gains. These downward revisions are weighing on sentiment despite the EPS beat. Ichor Analysts Slash Their Forecasts

Ichor Company Profile

Ichor Holdings, Ltd. (NASDAQ: ICHR) is a supplier to the semiconductor equipment industry. The company designs, engineers and manufactures critical fluid-delivery subsystems used in semiconductor fabrication equipment, including systems that deliver and control gases and chemicals during the wafer-manufacturing process.

Ichor’s products and services include gas and chemical delivery systems, precision-machined components, weldments, fluid-management assemblies and related engineering and manufacturing services.