Vicor (NASDAQ:VICR) Issues Earnings Results, Beats Expectations By $0.04 EPS

Vicor (NASDAQ:VICR) announced its quarterly earnings results on Tuesday. The electronics maker reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04, FiscalAI reports. Vicor had a net margin of 28.98% and a return on equity of 20.21%. The firm had revenue of $112.97 million during the quarter, compared to analysts’ expectations of $109.05 million. During the same period in the prior year, the company earned $0.06 EPS. The firm’s revenue was up 20.2% on a year-over-year basis.

Here are the key takeaways from Vicor’s conference call:

• Vicor reported strong demand and outlook with a book-to-bill above 2, a one-year backlog of $300.6 million (up 70% QoQ), Q2 revenue guidance of nearly $126 million, and 2026 revenue guidance of nearly $570 million.
• The company highlights a clear technical edge with its second‑generation VPD (1.5 mm package, ~3 A/mm² current density and up to 40x current multiplication), which management says uniquely enables wafer‑scale and advanced AI packaging.
• Management is expanding manufacturing capacity (targeting to raise Fab One from ~$1B toward $1.5B run‑rate), adding a second 3Di line in H2 and planning nearby interim facilities and a second fab or alternate sourcing to support growth.
• Guidance conservatively assumes no new licensing agreements until a second ITC case is finally resolved in 2027, though royalties from existing licenses are expected to increase modestly and ITC outcomes could accelerate deals.
• Legal/IP activity is driving higher operating costs and cash impacts — Q1 included increased legal expenses and a $28.6 million litigation settlement that contributed to operating cash used of $3.9 million.

Vicor Stock Performance

Shares of Vicor stock opened at $265.00 on Thursday. The firm’s 50-day simple moving average is $180.95 and its 200-day simple moving average is $133.22. Vicor has a 1 year low of $38.92 and a 1 year high of $293.95. The firm has a market cap of $12.02 billion, a PE ratio of 88.63 and a beta of 1.97.

More Vicor News

Here are the key news stories impacting Vicor this week:

• Positive Sentiment: Q1 results beat and margin strength — Vicor reported Q1 EPS of $0.44 (vs. $0.40 consensus) and revenue of $112.97M (+20% y/y) with a near‑29% net margin; the beat underpins the rally and confirms strong profitability and operating leverage. Article Title
• Positive Sentiment: FY‑2026 revenue guide raised — management issued FY revenue guidance of $570M vs. the $544M consensus, signaling stronger full‑year demand and capacity plans that support longer‑term growth expectations. Article Title
• Positive Sentiment: Analyst support — Needham raised its price target to $260 and reiterated a Buy rating, while brokers’ consensus remains constructive; upgrades and higher targets help validate upside for investors. Article Title
• Positive Sentiment: Unusually large call buying — unusually large options activity (4,058 calls purchased, ~277% above average) suggests speculators or institutions are positioning for further upside.
• Neutral Sentiment: Earnings‑call detail & strategic updates — call highlights emphasize backlog, capacity expansion and strategic positioning in specialized power components; useful context for growth execution but not a new catalyst by itself. Article Title
• Neutral Sentiment: Media & analyst writeups highlight Vicor as a profitable, high‑momentum stock (included in pieces about big winners), which can attract momentum flows but is not direct fundamental news. Article Title
• Neutral Sentiment: Unrelated ticker mention — reports about Vicore Pharma (VICO) hitting clinical enrollment milestones are unrelated to Vicor (VICR) and should be treated as noise by investors focused on Vicor. Article Title
• Negative Sentiment: Q2 revenue guide below street — management provided Q2 revenue guidance of ~$126M vs. the ~$135M consensus, which could pressure near‑term expectations and explain some intraday profit‑taking for traders focused on quarter‑to‑quarter cadence.

Insider Buying and Selling

In other Vicor news, CEO Patrizio Vinciarelli sold 50,000 shares of Vicor stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $201.54, for a total value of $10,077,000.00. Following the completion of the transaction, the chief executive officer directly owned 9,608,163 shares in the company, valued at $1,936,429,171.02. The trade was a 0.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 665,663 shares of company stock valued at $122,253,776 in the last three months. Insiders own 31.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VICR. Federated Hermes Inc. bought a new position in Vicor in the 4th quarter worth about $27,000. Wilmington Savings Fund Society FSB bought a new position in Vicor in the 4th quarter worth about $36,000. Global Retirement Partners LLC grew its position in Vicor by 969.4% in the 4th quarter. Global Retirement Partners LLC now owns 385 shares of the electronics maker’s stock worth $42,000 after purchasing an additional 349 shares during the last quarter. Strs Ohio bought a new position in Vicor in the 1st quarter worth about $56,000. Finally, PNC Financial Services Group Inc. grew its position in Vicor by 13.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,129 shares of the electronics maker’s stock worth $56,000 after purchasing an additional 136 shares during the last quarter. Institutional investors own 47.45% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Zacks Research upgraded shares of Vicor from a “hold” rating to a “strong-buy” rating in a report on Monday, February 23rd. Roth Mkm reiterated a “buy” rating and issued a $245.00 price objective on shares of Vicor in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Vicor in a report on Wednesday, January 21st. Finally, Needham & Company LLC boosted their price objective on shares of Vicor from $180.00 to $260.00 and gave the stock a “buy” rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Vicor has a consensus rating of “Buy” and an average target price of $198.33.

About Vicor

Vicor Corporation is a designer and manufacturer of modular power components and systems, serving a wide range of industries that demand high performance and efficiency. Headquartered in Andover, Massachusetts, the company develops power conversion solutions that help customers optimize energy delivery in applications from telecommunications and data centers to industrial and automotive systems.

The company’s product portfolio includes high-density DC-DC converters, AC-DC front-end modules, point-of-load regulators and complete power systems that combine multiple conversion stages in a single package.