Vicor Corporation (VICR) Stock Price & Analysis
Vicor Corporation (VICR) closed at USD 179.99 on Thursday, October 22, 2026, down 15.66% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 213.42; the Oct 22, 2026 session ranged USD 176.53–202 on volume of 1,326,470 shares. Market capitalization is $8.30B, with a 52-week range of USD 80.29–382.65 (NMS). Source: Nexqual, retrieved October 23, 2026 at 12:51 UTC.
Also available as compact Markdown for AI agents: nexqual.com/VICR.md
Key facts (VICR)
- Last four reported quarters (through Jun 30, 2026): revenue $771M, net income $145M (18.8% margin), free cash flow $51.3M (SEC filings).
- Valuation: P/E 57.1x (avg 145.3x at the last 3 fiscal year-ends).
- 2 of 80 tracked superinvestors hold VICR (13F, Q2 2026): 1 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.50 on a 1–5 scale) (4 analysts), mean target USD 390 (range 350–450).
- Total return with dividends: 1Y +93.6% vs S&P 500 +14.9%; 5Y +25.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-20, EPS estimate USD 1.23, revenue estimate $189M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (VICR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $359M | $399M | $405M | $359M | $453M | $771M |
| Gross profit | $178M | $181M | $205M | $184M | $259M | — |
| Operating income | $55.6M | $27.2M | $51.4M | -$1.3M | $81.8M | $88.4M |
| Net income | $56.6M | $25.4M | $53.6M | $6.1M | $119M | $145M |
| EPS (diluted) | $1.26 | $0.57 | $1.19 | $0.14 | $2.61 | — |
| Free cash flow | $6.7M | -$41.0M | $41.1M | $27.2M | $119M | $51.3M |
| Gross margin | 49.6% | 45.2% | 50.6% | 51.2% | 57.3% | — |
| Operating margin | 15.5% | 6.8% | 12.7% | -0.4% | 18.1% | 11.5% |
| Net margin | 15.8% | 6.4% | 13.2% | 1.7% | 26.2% | 18.8% |
| Revenue growth | +21.2% | +11.1% | +1.5% | -11.4% | +26.1% | — |
| Cash + short-term investments | $228M | $191M | — | — | $403M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (VICR)
P/E 57.1x · P/S 10.8x · P/FCF 161.9x · P/B 9.9x · FCF yield 0.62% · Earnings yield 1.75%
P/E at fiscal year-ends: Dec 2025 42.0x, Dec 2024 356.1x, Dec 2023 37.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (VICR)
2 of 80 tracked investors hold VICR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Polen Capital | Polen Capital Management | 0.05% | $5.7M | Added +7.4% |
| Lee Ainslie | Maverick Capital | 0.01% | $686K | New position |
Analysts (VICR)
Consensus Buy (mean 1.50 on a 1–5 scale), 4 analysts; mean target USD 390 (low 350, high 450).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Needham | Reiterated | Buy | $350 |
| 2026-10-01 | Needham | Target raised | Buy | $320 → $350 |
| 2026-09-22 | Roth Capital | Reiterated | Buy | $375 |
| 2026-09-22 | Needham | Reiterated | Buy | $320 |
| 2026-07-21 | Needham | Target lowered | Buy | $400 → $320 |
Total return (dividends reinvested) (VICR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +93.6% | +25.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +94.0% | +4.6% |
| Volatility (annualized) | 94.2% | 73.3% |
| Max drawdown | -53.7% (Jun 2026→Sep 2026) | -79.5% (Nov 2021→Jun 2024) |
VICR revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Advancedproducts | $94.2M | 65.7% | +55.5% |
| Brickproducts | $49.2M | 34.3% | +38.6% |
| Total revenue | $143.4M | 100% | — |
VICR revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product | $112.9M | 78.8% | +31.8% |
| Royalty | $30.4M | 21.2% | +193.9% |
| Direct Customers Contract Manufacturers & Non Stocking Distributors | $25.8M | 18.0% | +31.4% |
| Stocking Distributors Net Of Sales Allowances | $23.3M | 16.3% | +49.4% |
| Non Recurring Engineering | $91,000 | 0.1% | -64.5% |
| Total revenue | $143.4M | 100% | — |
VICR revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $77.4M | 54.0% | +67.4% |
| Country Us | $77.4M | 54.0% | +67.4% |
| Asia Pacific | $49.4M | 34.5% | +27.6% |
| Europe | $16.2M | 11.3% | +49.3% |
| All Other Countries | $318,000 | 0.2% | +34.7% |
| Total revenue | $143.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
VICR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | ARROW ELECTRONICS, INC. (ARW) | “We reach and serve customers through several sales channels: a direct sales force; independent, authorized non-stocking distributors in Europe and Asia; and four authorized stocking distributors world-wide: Arrow Electronics, Inc., Digi-Key Corporation, Avnet Electronics, and Mouser Electronics, Inc. All sales channels are supported by regional TSCs, each offering application engineering and sales support for our …” |
| Partner | Digi-Key | “We reach and serve customers through several sales channels: a direct sales force; independent, authorized non-stocking distributors in Europe and Asia; and four authorized stocking distributors world-wide: Arrow Electronics, Inc., Digi-Key Corporation, Avnet Electronics, and Mouser Electronics, Inc. All sales channels are supported by regional TSCs, each offering application engineering and sales support for our …” |
| Partner | Mouser Electronics | “We reach and serve customers through several sales channels: a direct sales force; independent, authorized non-stocking distributors in Europe and Asia; and four authorized stocking distributors world-wide: Arrow Electronics, Inc., Digi-Key Corporation, Avnet Electronics, and Mouser Electronics, Inc. All sales channels are supported by regional TSCs, each offering application engineering and sales support for our …” |
Quoted from the company's 10-K filed Mar 2, 2026.
VICR customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 11.1% of revenue, per the company's 10-K filed Mar 2, 2026. The company does not name it.
VICR company outlook (results filed Oct 20, 2026)
- “Any statement in this press release that is not a statement of historical fact is a forward-looking statement, and, the words "believes," "expects," "anticipates," "intends," "estimates," "plans," "assumes," "may," "will," "would," "should," "continue," "prospective," "project," and other similar expressions identify forward-looking statements.”
Quoted word-for-word from the SEC 8-K results press release.
VICR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $1.23 | $1.09 | +12.5% | $188.7M | 3 |
| Next quarter (ends Mar 2027) | $1.30 | $1.19 | +9.4% | $203.6M | 3 |
| Current fiscal year (ends Dec 2026) | $4.21 | $3.49 | +20.6% | $642.1M | 3 |
| Next fiscal year (ends Dec 2027) | $6.07 | $5.55 | +9.3% | $943.0M | 3 |
VICR options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 97.7% | ±21.9% |
| Dec 18, 2026 | 56 | 93.0% | ±29.1% |
| Jan 15, 2027 | 84 | 84.2% | ±32.1% |
| Apr 16, 2027 | 175 | 87.6% | ±47.6% |
30-day implied volatility 96.7% vs 121.6% realized over the last 30 trading days. Put/call ratio (volume) 1.36. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 12:51 UTC)
| Price | USD 179.99 |
|---|---|
| Change | ▼ 15.66% (down) |
| Previous Close | USD 213.42 |
| Open | USD 200.74 |
| Day Range | USD 176.53 – 202 |
| 52-Week Range | USD 80.29 – 382.65 |
| Volume | 1,326,470 shares |
| Market Cap | $8.30B |
| Exchange | NMS |
Technical Analysis (VICR)
Nexqual's technical model rates VICR "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 12:51 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 35.86 (neutral) |
| vs SMA50 | Below (USD 228.34) |
| MACD | -11.88 (negative) |
Analyst Ratings (VICR)
Wall Street analysts rate VICR "Buy" based on 4 analysts, with a mean price target of USD 390 (range USD 350–450), per Nexqual as of October 23, 2026 at 12:51 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 390 |
| High Target | USD 450 |
| Low Target | USD 350 |
| Buy / Hold / Sell | 4 / 0 / 0 |
Earnings (VICR)
| Next Earnings Date | 2026-10-20 |
|---|---|
| EPS Estimate | USD 1.23 |
| Revenue Estimate | $188.68M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD 1.33 vs est 1.24 ▲ beat |
| 2026-06-30 | USD 1.13 vs est 0.66 ▲ beat |
| 2026-03-31 | USD 0.52 vs est 0.41 ▲ beat |
| 2025-12-31 | USD 1.1 vs est 0.48 ▲ beat |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financials & Fundamentals (VICR)
| Total Revenue | $560.70M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +78.50% |
| Gross Margin | +60.57% |
| Operating Margin | +36.60% |
| Profit Margin | +32.15% |
| ROE | +23.47% |
| Debt / Equity | 0.01 |
| Current Ratio | 11.44 |
| Total Cash | $513.14M |
| Total Debt | $7.16M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $51.27M (6.6% of revenue) |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Financial Health Score (VICR)
Nexqual rates Vicor Corporation's overall financial health "Strong" across five dimensions, as of October 23, 2026 at 12:51 UTC.
| Growth | Strong — Revenue +26% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 61%, operating 37% (last 12 months) |
| Balance Sheet | Strong — $513M cash vs $7M debt, net cash position |
| Cash Flow | Solid — FCF $51M (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Strong — ROE 23%, ROA 10.8% |
Ownership (VICR)
| Insider Ownership | +25.12% |
|---|---|
| Institutional Ownership | +71.05% |
| Shares Outstanding | 34.39M |
| Float | 25.75M |
| Short % of Float | +11.52% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
Leadership (VICR)
Vicor Corporation is led by Patrizio Vinciarelli, Founder, Chairman, CEO & President, per Nexqual as of October 23, 2026 at 12:51 UTC.
| Founder, Chairman, CEO & President | Patrizio Vinciarelli |
|---|---|
| Corporate VP, CFO, Treasurer, Corporate Secretary & Director | James F. Schmidt |
| Corporate VP, GM of Operations & Director | Michael S. McNamara |
| Corporate VP of Global Sales & Marketing and Director | Philip D. Davies |
| Corporate VP & Director | Claudio Tuozzolo |
Major Backers & Investors (VICR)
Notable institutional backers of Vicor Corporation include JPMorgan, Price (T.Rowe) Associates Inc, Jane Street Group, LLC, according to Nexqual as of October 23, 2026 at 12:51 UTC.
Active Investors
| Investor | Stake |
|---|---|
| JPMorgan | 6.89% |
| Price (T.Rowe) Associates Inc | 6.89% |
| Jane Street Group, LLC | 1.57% |
| Arrowstreet Capital, Limited Partnership | 1.54% |
| Manufacturers Life Insurance Co. | 1.54% |
| Needham Funds Inc-Needham Aggressive Growth Fund | 1.39% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.16% |
| Vanguard Group | 6.98% |
| State Street | 2.11% |
| Geode Capital | 1.71% |
Source: Nexqual, October 23, 2026 at 12:51 UTC.
From Vicor Corporation's Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- Our proprietary technologies enable us to offer a range of Advanced Products, in various package formats across functional families, applicable to other market segments and power distribution architectures other than FPA.
- Generally, we compete with developers and manufacturers of integrated circuits and semiconductor-based modules when addressing the needs of customers in enterprise computing and other market segments with implementations of our proprietary Factorized Power ArchitectureTM ("FPA") using Advanced Products.
- The Advanced Products category consists of our most innovative products, which are used to implement our proprietary distribution architecture, FPA, a highly differentiated approach to power distribution that enables flexible, rapid power system design using individual components optimized to perform a specific function.
- We articulate this positioning through our "Power Component Design Methodology," an element of our differentiation strategy, which is our approach to providing our customers the modular products, design tools, and engineering support to enable the rapid design of advanced power system solutions by customers and, thereby, accelerate their own product development cycles.
Partnerships
- Given the growth profiles and performance requirements of the market segments served with Advanced Products and Brick Products, our strategy involves a continuing transition in organizational focus, emphasizing investment in Advanced Products design and manufacturing, targeting high growth market segments with a low-mix, high-volume operational model, while maintaining a profitable business in mature market segments we serve with Brick Products with a high-mix, low-volume operational model.
- In collaboration with certain universities, we maintain a student "Co-Op" program, whereby qualifying undergraduate and graduate students work at our Andover facilities for one or two semesters, receiving course credit towards their graduation.
Legal & Regulatory Risks (Item 1A, quoted)
- We may face legal claims and litigation from product warranty or other claims that could be costly to resolve and could impact our business.
- We have in the past and may in the future encounter legal action from customers, vendors, or others concerning product warranty or other claims. We generally offer a two-year warranty from the date title passes from us for all of our standard products.
- Our operations could be affected by the complex laws, rules and regulations to which our business is subject, and political and other actions may adversely impact our business.
- We face intellectual property infringement claims that could be disruptive to operations and costly to resolve and may encounter similar infringement claims in the future.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 12:51 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt