Roth Capital raised the firm’s price target on Vicor (VICR) to $175 from $115 and keeps a Buy rating on the shares. The company has participated in a conference and provided several key updates that suggest capacity at its first fab is filling materially faster than previously expected, with demand that may necessitate a second fab as early as mid-2027, the analyst tells investors in a research note. The ramp in licensing revenue and improving fab utilization could support an upward revision to Vicor’s gross margin objective from 65% to 70%, the firm added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VICR:
