Ichor Holdings, Ltd. (ICHR)

Over the past six months, Ichor Holdings Ltd.'s stock has experienced several notable events. As of October 23, 2025, the share price was $22.10, an 18.12% decline from October 24, 2024. In August 2025, the company reported an 18% increase in second-quarter revenue, reaching $240.3 million, but fell short of earnings estimates, posting a loss per share of $0.03. B Riley downgraded ICHR to a "Neutral" rating on August 5, 2025. Insider trading activity included purchases by Marc Haugen, John H. Kispert, and Representative Debbie Wasserman Schultz in May and August 2025, with insider sales noted in December 2024 and February 2025. Analyst ratings show a mixed sentiment, with a consensus "Strong Buy" rating from 5 analysts as of October 25, 2025, and an average price target of $29.80, but some downgrades occurred. The stock has shown daily volatility.

Demand for Ichor Holdings Ltd.'s products and services is closely tied to the cyclical nature of the semiconductor capital equipment industry. The company's revenue trajectory is vulnerable to these spending cycles, as demonstrated by revenue declines during industry downturns in 2019 and 2023. The company's revenue guidance for the upcoming quarter indicates a projected 2% decline quarter-over-quarter, suggesting a stagnation in shipments after a strong first half of the year. However, the long-term outlook anticipates a recovery in the memory market and strengthening semiconductor industry trends, which are expected to benefit Ichor Holdings Ltd.'s core business.

Ichor Holdings Ltd. is a technology company in the Semiconductor Equipment & Materials industry, specializing in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The company's major products include gas delivery systems, which precisely control and monitor specialized gases used in semiconductor manufacturing processes, and chemical delivery systems, which accurately blend and dispense reactive liquid chemistries. Additionally, Ichor produces precision-machined components, weldments, electron beam and laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products.

Ichor Holdings Ltd. has a global presence, with manufacturing facilities and service centers in North America, Asia, and Europe. The company primarily markets its products to original equipment manufacturers (OEMs) in the semiconductor equipment market in Japan, the United States, and other international regions.

Ichor Holdings Ltd. is recognized as a leading global provider in the semiconductor manufacturing supply chain. The company's reputation is generally positive, as evidenced by a "Strong Buy" consensus rating from analysts. There have been no specific events reported in the past year that have negatively impacted Ichor Holdings Ltd.'s brand reputation. Its strategic focus on vertical integration and improvements in gross margins are seen as positive indicators for its competitive position.

Ichor Holdings Ltd.'s ownership is primarily composed of institutional investors, individual insiders, and the general public. Institutional investors hold approximately 42.91% to 69.95% of the company's stock, while insiders own about 3.13%, and public companies and individual investors hold around 26.92% to 27.04%. Major institutional owners include BlackRock, Inc., The Vanguard Group, Inc., Macquarie Group Ltd, Wellington Management Group LLP, Dimensional Fund Advisors LP, State Street Corp, Royce & Associates LP, and Fmr Llc. The largest individual or insider shareholder is Francisco Partners GP Management III Cayman Ltd, owning 28.26% of the company's shares.