VICR

Vicor Corporation

$179.99

-15.66% Oct 22 close

IndustrialsS&P 400 Compare Technicals

1M 3M 6M 1Y 2Y

VICRSPY

-18.2%

-32.9%

-22.2%

-30.8%

YTD

+64.2%

+109.9%

Live chart

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What they do

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters. It also designs, sells, and services custom power system solutions.

Technology · Electronic Components

For information only · Important disclosures

Grades vs sector

Momentum

100th percentile in sector

A+

12-1 return: +218.5%
Percentile within its GICS sector across the S&P 1500.

Growth

94th percentile in sector

Revenue growth (YoY): +49.3%
Percentile within its GICS sector across the S&P 1500.

Value

5th percentile in sector

Forward E/P: 3.2% · EBITDA/EV: 1.4%
Percentile within its GICS sector across the S&P 1500.

Profitability

82nd percentile in sector

A-

Profit margin: +30.6% · Return on equity: +20.1%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

Outside this model's universe or screens

Momentum Top 15

Outside this model's universe or screens

Momentum Blend

Not in the current book

New Highs Growth

Outside this model's universe or screens

Coteau Long Book

Not in the current book

News

More news

Why is Vicor stock climbing today?

Investing.com · Oct 21

Vicor and NIKE have been highlighted as Zacks Bull and Bear of the Day

Zacks · Oct 21

Why Vicor Shares Are Soaring Today

Motley Fool · Oct 20

Vicor: 3 Key Takeaways for Long-Term Investors

Nasdaq · Oct 20

Vicor (VICR) Q3 2026 Earnings Call Transcript

Nasdaq · Oct 20

Key stats

Market value$9.7B

P/E (last 12 months)55.0

P/E (next 12 months, estimated)34.7

52-week range$79.00 – $382.65

Revenue growth (latest quarter vs a year ago)+78.5%

Dividend yieldNo dividend

Analyst consensusStrong Buy (4)

Average analyst price target$393.75 (+119%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Leans expensive

Model read-out from the numbers below, not advice. Score -1 (DCF counts double).

▼DCF (base case)below the price by 61%

▼Forward P/E vs sector34.7x vs median 17.1x

▲Piotroski F-score8/9

▲Altman Z117.3 (safe)

▲Net debt / EBITDA-3.4x

▲Analyst target+119% (4 analysts)

Discounted cash flow

Bear

$38

-79%

growth 18% · disc. 14.0% · term. 2.0%

Base

$70

-61%

growth 30% · disc. 13.0% · term. 2.5%

Bull

$114

-36%

growth 38% · disc. 12.0% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 38% a year for 10 years.

Implied

+38%/yr

FCF, last 3 yrs

n/a

FCF, last 5 yrs

+81%/yr

Revenue, last 3 yrs

+4%/yr

Revenue, last 5 yrs

+9%/yr

Same inputs as the DCF above: trailing free cash flow 0.1B, 13.0% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-03-31). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 2.38 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)

sector median 26.4× · 92nd pct

55.0×
pricier

Forward P/E

sector median 17.1× · 95th pct

34.7×
pricier

EV / EBITDA

sector median 14.8× · 98th pct

77.6×
pricier

Price / sales

sector median 2.1× · 99th pct

22.7×
pricier

Price / book

sector median 3.5× · 92nd pct

12.9×
pricier

FCF yield

sector median 4.5% · 9th pct

0.9%
pricier

Forward EPS $6.07 vs trailing $3.83 (+58% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

65.0%

Operating margin

23.2%

FCF margin

20.5%

Net margin

32.0%

Return on equity

18.1%

Return on invested capital

28.3%

Net debt / EBITDA

-3.4×

Current ratio

14.3×

Interest cover

–

Cash conversion (OCF/NI)

0.8×

Piotroski F-score 8/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✓ Gross margin improved✓ Asset turnover improved

Altman Z-score 117.3 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$394

+119%

Analysts

Strong Buy

Range

$350–$450

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$452.7M	$118.6M	$119.2M
2024	$359.1M	$6.1M	$27.2M
2023	$405.1M	$53.6M	$41.1M
2022	$399.1M	$25.4M	$-41.0M
2021	$359.4M	$56.6M	$6.7M
2020	$296.6M	$17.9M	$6.1M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +4.3%.

Earnings

Next report: 2027-02-16 · before open · EPS est 1.29

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-10-20	1.24	1.33	+7.3%
2026-07-21	0.66	1.13	+72.2%
2026-04-21	0.41	0.52	+26.5%
2026-02-19	0.48	1.10	+130.6%
2025-10-21	0.20	0.73	+263.4%
2025-07-22	0.18	1.00	+453.4%
2025-04-29	0.29	0.14	-52.5%
2025-02-20	0.21	0.30	+48.4%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$143.4M	+1.6%
2026-03-31	$113.0M	–
2025-12-31	$107.3M	–
2025-09-30	$110.4M	–
2025-06-30	$141.0M	–

Rating changes

Reiterated

2026-10-20 · Needham reiterated Buy on VICR

Reiterated

2026-10-01 · Needham reiterated Buy on VICR

Reiterated

2026-09-22 · Roth Capital reiterated Buy on VICR

Reiterated

2026-09-22 · Needham reiterated Buy on VICR

Reiterated

2026-07-21 · Needham reiterated Buy on VICR

Reiterated

2026-06-22 · Craig-Hallum reiterated Buy on VICR

Third-party analyst actions, not Coteau's views. All rating changes

Recent dividends

2011-08-05: $0.150 · 2010-07-14: $0.300 · 2008-08-21: $0.150 · 2008-03-31: $0.150 · 2007-08-10: $0.150 · 2007-03-07: $0.150 · 2006-07-13: $0.150 · 2006-02-24: $0.120

Insider trades

Vinciarelli Patrizio