Ichor Holdings price target raised to $36 from $26 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Ichor Holdings (ICHR) to $36 from $26 and keeps a Buy rating on the shares after strong preliminary results and guidance. The company pre-announced Q4 2025 slightly above prior expectations and guided Q1 2026 revenue above street estimates, with sequential gross margin improvement, the firm notes. Craig-Hallum believes Ichor is positioned to benefit from an improved semi cap investment spending cycle over the next few years.