Vicor (NASDAQ:VICR) Price Target Raised to $350.00

Vicor (NASDAQ:VICR) had its price objective upped by Needham & Company LLC from $320.00 to $350.00 in a research note published on Thursday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the electronics maker’s stock.

Several other brokerages have also weighed in on VICR. Craig Hallum upped their price objective on Vicor to $450.00 and gave the company a “buy” rating in a report on Monday, June 22nd. Roth Capital reaffirmed a “buy” rating and set a $375.00 target price on shares of Vicor in a report on Tuesday, September 22nd. Weiss Ratings cut shares of Vicor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, September 18th. Finally, Zacks Research cut shares of Vicor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $391.67.

Vicor Price Performance

VICR opened at $308.90 on Thursday. The company has a market capitalization of $14.24 billion, a price-to-earnings ratio of 99.01 and a beta of 2.37. Vicor has a 1-year low of $48.53 and a 1-year high of $382.65. The business has a 50 day moving average price of $219.16 and a two-hundred day moving average price of $243.54.

Vicor (NASDAQ:VICR) last issued its quarterly earnings results on Tuesday, July 21st. The electronics maker reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.39. Vicor had a return on equity of 19.83% and a net margin of 30.65%.The firm had revenue of $143.35 million during the quarter, compared to analyst estimates of $138.37 million. During the same period last year, the company posted $0.91 EPS. The firm’s quarterly revenue was up 49.3% on a year-over-year basis. Equities analysts expect that Vicor will post 4.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Patrizio Vinciarelli sold 700 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $302.40, for a total transaction of $211,680.00. Following the sale, the chief executive officer owned 8,347,390 shares in the company, valued at $2,524,250,736. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Philip D. Davies sold 3,073 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $177.70, for a total transaction of $546,072.10. Following the completion of the sale, the vice president owned 1,920 shares of the company’s stock, valued at approximately $341,184. This trade represents a 61.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 7,753 shares of company stock worth $1,635,064 over the last ninety days. 28.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Vicor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in Vicor by 133.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,639 shares of the electronics maker’s stock valued at $2,901,000 after purchasing an additional 4,360 shares during the period. Tidal Investments LLC lifted its holdings in shares of Vicor by 87.8% in the second quarter. Tidal Investments LLC now owns 82,874 shares of the electronics maker’s stock valued at $31,474,000 after purchasing an additional 38,756 shares in the last quarter. IPG Investment Advisors LLC acquired a new stake in shares of Vicor in the second quarter worth $366,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Vicor in the second quarter worth $757,000. Finally, Baird Financial Group Inc. purchased a new position in shares of Vicor during the second quarter valued at $863,000. 47.45% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Vicor

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Vicor raised its third-quarter sequential revenue-growth outlook to more than 30%, citing strong demand and increased VPD licensing royalties. The outlook revision triggered a sharp premarket rally and remains the primary reason for the stock’s recent strength. Vicor Stock Soars 11% On Another Outlook Hike
• Positive Sentiment: Needham raised its Vicor price target from $320 to $350 and maintained a “Buy” rating, signaling continued confidence in the company’s growth outlook and providing additional support for the shares. Stock Market Today: S&P 500 Slips as Micron Fails to Impress Markets
• Positive Sentiment: Zacks added VICR to its Rank #1 “Strong Buy” list and separately included it among its best momentum stocks for October 2. These rankings may attract additional momentum-oriented buying. New Strong Buy Stocks for October 2nd Best Momentum Stock to Buy for October 2nd
• Positive Sentiment: Recent coverage highlights Vicor’s strong sales and earnings growth, with shares up 251% since an institutional outlier signal in 2023. The performance reinforces the stock’s momentum but also reflects how much optimism is already priced in. Huge Sales and Earnings Growth Send Vicor Shares Higher
• Neutral Sentiment: Vicor was featured among the market’s major movers alongside AI, semiconductor, and energy names. Broader market conditions—including elevated Treasury yields and oil prices—could contribute to volatility, but the reported Vicor move was driven primarily by company-specific guidance. Market Watch: Micron, Alphabet, Constellation Energy, and Vicor Drive Thursday Trading

About Vicor

Vicor Corporation (NASDAQ:VICR) designs, develops, manufactures and markets modular power-conversion products and systems. Its technologies are used to convert, regulate and distribute electrical power in electronic equipment, with an emphasis on compact, efficient and scalable power-delivery architectures.

The company’s product portfolio includes AC-to-DC and DC-to-DC converters, power modules, power systems and related components. Vicor’s Factorized Power Architecture and associated products are designed to support power delivery from the source to processors, memory, communications equipment and other demanding loads.

Founded in 1981 and headquartered in Andover, Massachusetts, Vicor serves customers and markets worldwide.