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Ichor Holdings (DE:4IH)
FRANKFURT:4IH

Ichor Holdings (4IH) Price & Analysis

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4IH Stock Chart & Stats

€47.22
-€0.68(-0.83%)
At close: 4:00 PM EDT
€47.22
-€0.68(-0.83%)

Bulls Say, Bears Say

Bulls Say
Revenue And Margin RecoveryManagement’s outlook points to a substantial recovery in demand, with strong second-half volumes and at least 30% full-year growth. Planned gross-margin improvement alongside higher revenue could restore earnings power and make the rebound more durable over the next several quarters.
Higher-value Proprietary ProductsA rising mix of proprietary content and higher-value manufacturing services can improve the quality of revenue and support sustained margin expansion. Greater internal content also strengthens Ichor’s role within customer platforms rather than relying only on lower-value component production.
Strong Balance-sheet FlexibilityLow debt and sharply improved leverage give Ichor financial flexibility while it invests in capacity and pursues growth. A healthier balance sheet can reduce financing pressure, support execution through semiconductor cycles, and provide room to fund strategic expansion.
Bears Say
Profitability Remains WeakThe recent revenue rebound has not yet restored the company’s prior earnings power. Low gross margin and continuing operating and net losses indicate that growth must translate into better mix, pricing, and operating leverage before profitability can be considered durable.
Negative Cash GenerationNegative operating and free cash flow reduce the internally generated funding available for expansion and make execution more dependent on balance-sheet resources. The reversal from positive prior years shows that the recovery still carries cash-conversion risk if profitability lags.
Supplier Concentration In Flow ControlDependence on flow-control supply creates a structural execution risk as Ichor ramps volumes. Even without systemic disruption this quarter, constrained availability could delay customer shipments, limit revenue recognition, or make planned capacity growth harder to realize.

Ichor Holdings News

4IH FAQ

What was Ichor Holdings’s price range in the past 12 months?
Ichor Holdings lowest stock price was €11.90 and its highest was €100.50 in the past 12 months.
    What is Ichor Holdings’s market cap?
    Ichor Holdings’s market cap is €1.72B.
      When is Ichor Holdings’s upcoming earnings report date?
      Ichor Holdings’s upcoming earnings report date is Nov 02, 2026 which is in 18 days.
        How were Ichor Holdings’s earnings last quarter?
        Ichor Holdings released its earnings results on Aug 03, 2026. The company reported €0.303 earnings per share for the quarter, beating the consensus estimate of €0.274 by €0.029.
          Is Ichor Holdings overvalued?
          According to Wall Street analysts Ichor Holdings’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Ichor Holdings pay dividends?
            Ichor Holdings does not currently pay dividends.
            What is Ichor Holdings’s EPS estimate?
            Ichor Holdings’s EPS estimate is 0.4.
              How many shares outstanding does Ichor Holdings have?
              Ichor Holdings has 37,454,227 shares outstanding.
                What happened to Ichor Holdings’s price movement after its last earnings report?
                Ichor Holdings reported an EPS of €0.303 in its last earnings report, beating expectations of €0.274. Following the earnings report the stock price went down -13.112%.
                  Which hedge fund is a major shareholder of Ichor Holdings?
                  Currently, no hedge funds are holding shares in DE:4IH
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Ichor Holdings

                    Ichor Holdings, Ltd. specializes in the conception, development, and production of fluid delivery subsystems and their constituent components, tailored for capital equipment used in semiconductor manufacturing. The company's primary focus is on gas and chemical handling systems, which are integral to the fabrication of semiconductor devices. Their gas delivery units are engineered to precisely supply, monitor, and regulate gases for critical processes like etching and deposition. Complementarily, their chemical delivery subsystems accurately blend and dispense reactive liquid chemistries indispensable for operations such as chemical-mechanical planarization (CMP), electroplating, and various cleaning stages in chip production. Furthermore, Ichor manufactures a diverse array of other specialized items for fluid management, encompassing precision machined components, various welded assemblies (including electron beam and laser-welded types), high-precision vacuum and hydrogen brazed elements, advanced surface treatment technologies, and other proprietary solutions. Ichor distributes its offerings both directly and through resellers to original equipment manufacturers (OEMs) operating within the semiconductor equipment market. Its operational footprint spans the United States, the United Kingdom, Singapore, Malaysia, Korea, Mexico, and other international regions. Founded in 1999, the company's corporate headquarters are located in Fremont, California.

                    Ichor Holdings (4IH) Earnings & Revenues

                    4IH Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call conveys a strongly positive operational and financial momentum: sequential revenue and margin expansion, record quarterly earnings in three years, robust guidance for Q3 and full-year growth aligned with the high end of industry WFE expectations, strengthened liquidity from a completed $200M ATM, and a clear plan to ramp internal proprietary content and factory capacity (Malaysia qualifications and capacity targets up to ~$3B annually). Near-term headwinds are manageable and largely executional: an isolated parts shortage delayed recognition of some Q2 revenue by days, short-term negative operating cash flow from inventory build to support growth, ongoing supplier exposure (notably flow control), and dilution from the equity raise. Overall, positives materially outweigh the negatives and the tone is confident about sustaining stronger growth and margin expansion into 2H2026 and 2027.View all DE:4IH earnings summaries

                    4IH Stock 12 Month Forecast

                    Average Price Target

                    €83.99
                    ▲(77.87% Upside)
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