Vicor (VICR) AI Stock Analysis

• Market Cap: $2.37B
• Dividend Yield: N/A
• Average Volume (3M): 307.89K
• Price to Earnings (P/E): 35.9
• Beta (1Y): 1.54
• Revenue Growth: 2.46%
• EPS Growth: 572.04%
• Country: US
• Employees: 1,074
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.91
• Shares Outstanding: 33,180,546
• 10 Day Avg. Volume: 271,160
• 30 Day Avg. Volume: 307,886
• PEG Ratio: -3.51
• Price to Book (P/B): 3.77
• Price to Sales (P/S): 5.99
• P/FCF Ratio: 78.97
• Enterprise Value/Market Cap: 0.72
• Enterprise Value/Revenue: 4.04
• Enterprise Value/Gross Profit: 7.37
• Enterprise Value/Ebitda: 22.99
• 1Y Price Target: $54.50
• Price Target Upside: 11.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 73 Outperform
• Price Target: $54.00 ▲(10.95% Upside)

Vicor's strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. Despite challenges in valuation and technical indicators, the company's robust revenue growth and cash flow management position it well for future growth. The absence of a dividend yield and premium valuation are notable risks.

Positive Factors

Revenue Growth

Strong revenue growth indicates robust demand and market expansion, enhancing Vicor's market position and supporting future growth.

Cash Flow Management

Efficient cash flow management enhances financial flexibility, enabling Vicor to invest in growth opportunities and manage debt effectively.

Advanced Product Development

Innovative product development strengthens Vicor's competitive edge, potentially capturing more market share and driving long-term growth.

Negative Factors

Decreased Book-to-Bill Ratio

A decreased book-to-bill ratio suggests potential future revenue challenges, impacting order flow and business predictability.

Challenges with Tariffs

Tariff-related challenges can disrupt international sales and supply chains, affecting Vicor's revenue and market expansion efforts.

High Operating Expenses

Rising operating expenses can pressure margins, reducing profitability and limiting resources available for growth initiatives.

Vicor Business Overview & Revenue Model

Company Description

Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. The company offers a range of brick-format DC-DC converters; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories. It also provides custom power systems solutions. The company serves independent manufacturers of electronic devices, original equipment manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, industrial automation and equipment, instrumentation, test equipment, solid state lighting, telecommunications and networking infrastructure, and vehicles and transportation markets. Vicor Corporation was incorporated in 1981 and is headquartered in Andover, Massachusetts.

How the Company Makes Money

Vicor generates revenue primarily through the sale of its power management products, which include AC-DC power supplies, DC-DC converters, and custom power solutions. The company operates on a business model that focuses on high-value, high-margin products, catering to industries that require reliable and efficient power solutions. Key revenue streams include direct sales to OEMs (Original Equipment Manufacturers), distribution partnerships, and long-term contracts with major clients in sectors such as telecommunications and data centers. Additionally, Vicor benefits from engineering and design services, providing tailored solutions to meet specific customer needs. Strategic partnerships with technology firms enhance Vicor's market reach and innovation capabilities, contributing positively to its overall earnings.

Vicor Financial Statement Overview

Summary

Vicor's financial performance is strong, with robust profitability margins and effective cash flow management. The balance sheet is stable with minimal leverage, though revenue growth has declined. Continued focus on operational efficiency could enhance performance.

Income Statement

Vicor's income statement displays solid profitability with a gross profit margin of 49.6% and a net profit margin of 8.6% for the TTM. However, the revenue growth rate is concerning, declining from $405M to $283M in the TTM period. EBIT and EBITDA margins are modest at 5.1% and 10.2%, reflecting operational efficiency challenges.

Balance Sheet

The balance sheet is robust, with a low debt-to-equity ratio of 0.01, indicating minimal leverage. Return on Equity (ROE) is healthy at 4.2% in the TTM, although it has declined from previous years. The equity ratio is strong at 87.3%, suggesting high financial stability.

Cash Flow

Vicor demonstrates strong cash flow management, with a significant free cash flow increase to $47.5M in the TTM. The operating cash flow to net income ratio is 2.81, indicating effective cash generation from operations, but the free cash flow to net income ratio suggests potential room for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	424.35M	359.06M	405.06M	399.08M	359.36M	296.58M
Gross Profit	232.60M	184.00M	204.93M	180.56M	178.20M	131.45M
EBITDA	74.57M	-15.90K	68.60M	40.20M	55.60M	17.37M
Net Income	65.53M	6.13M	53.59M	25.45M	56.63M	17.91M
Balance Sheet
Total Assets	693.51M	641.12M	594.89M	536.90M	477.20M	396.24M
Cash, Cash Equivalents and Short-Term Investments	338.54M	277.27M	242.22M	190.61M	227.63M	211.91M
Total Debt	7.69M	7.34M	8.23M	8.46M	4.78M	4.60M
Total Liabilities	84.64M	70.83M	53.78M	72.56M	53.30M	45.08M
Stockholders Equity	608.60M	570.07M	540.87M	464.09M	423.60M	350.82M
Cash Flow
Free Cash Flow	97.10M	27.24M	40.49M	-41.03M	6.68M	5.89M
Operating Cash Flow	118.05M	50.84M	73.94M	22.94M	54.44M	34.55M
Investing Cash Flow	-20.95M	-23.60M	-33.45M	-18.97M	-43.66M	-78.62M
Financing Cash Flow	-10.61M	7.99M	11.19M	4.44M	10.09M	121.04M

Vicor Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 48.67
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VICR, the sentiment is Negative. The current price of 48.67 is below the 20-day moving average (MA) of 51.66, below the 50-day MA of 49.24, and below the 200-day MA of 49.00, indicating a bearish trend. The MACD of 0.77 indicates Positive momentum. The RSI at 41.43 is Neutral, neither overbought nor oversold. The STOCH value of 30.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VICR.

Vicor Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BELFB	77 Outperform	1.76B	35.05	12.60%	0.20%	6.08%	-23.58%
BELFA	76 Outperform	1.76B	29.39	12.60%	0.20%	6.08%	-23.93%
VICR	73 Outperform	$2.37B	35.92	11.44%	―	2.46%	572.04%
OSIS	72 Outperform	3.98B	27.18	―	―	11.33%	18.47%
PENG	70 Neutral	1.37B	-93,072.82	-1.47%	―	14.09%	91.13%
ROG	62 Neutral	1.45B	-22.69	-5.37%	―	-7.61%	-212.91%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Vicor Corporate Events

Vicor Elects Eleven Directors at Annual Meeting

The 2025 Annual Meeting of Stockholders for Vicor was held on June 20, 2025, where stockholders voted on a proposal to fix the number of directors at eleven and elect the nominees to serve until the 2026 meeting. All eleven nominees were successfully elected with varying numbers of votes in favor and withheld, with no broker non-votes or abstentions recorded.

The most recent analyst rating on (VICR) stock is a Hold with a $43.00 price target. To see the full list of analyst forecasts on Vicor stock, see the VICR Stock Forecast page.