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Ichor Holdings (ICHR) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Technology · Semiconductor Equipment & Materials

Sell if holding. Engine safety override at $65.16: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: Below-average business quality; Negative price momentum.

Ichor Holdings designs and manufactures critical fluid delivery subsystems and components primarily for semiconductor capital equipment OEMs, operating from facilities in the U.S., Singapore, Malaysia, and Mexico. Revenue of $947.7M in 2025 is highly concentrated, with Lam... Read more

$65.16+2.6% A.UpsideScore 4.4/10#21 of 25 Semiconductor Equipment & Materials
QualityF-score6 / 9FCF yield1.06%
Stop $60.49Target $66.74(analyst − 13%)A.R:R 0.2:1
Analyst target$76.71+17.7%7 analysts
$66.74our TP
$65.16price
$76.71mean
$60
$90

Sell if holding. Engine safety override at $65.16: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.4/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 76d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

Recent Developments — Ichor Holdings

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: Lam Research and Applied Materials (76.0%)
Target reached (2.6% upside)
Quality below floor (2.6 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)24.7
Mkt Cap$2.3B
EV/EBITDA85.4
Profit Mgn-5.3%
ROE-7.4%
Rev Growth4.7%
Beta1.88
DividendNone
Rating analysts13

Quality Signals

Piotroski F6/9

Options Flow

P/C1.28bearish
IV85%elevated
Max Pain$35-46.3% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomerLam Research and Applied Materials76%
    10-K Item 1A: 'two customers with individual sales over 10%, Lam Research and Applied Materials, accounted for a combined 76% of total sales'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

4 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Volume
0.0
Obv
1.0
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA

Unprofitable operations — net margin -5.3%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Gross Margin
0.0
Net Margin
0.0
Operating Margin
0.4
Moat
4.6
Piotroski F
6.7
Current Ratio
9.5
No competitive moatQuality concerns

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
1.8
Growth Rank
2.4
Value Rank
8.4

Growth below the gate floor. Component breakdown shows what dragged the score down.static

Revenue Growth
3.7
Low model confidence on this dimension (33%).
GatesMomentum 2.5<4.5A.R:R 0.2 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 76d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
49 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $56.60Resistance $78.00

Price Targets

$60
$67
A.Upside+2.4%
A.R:R0.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (2.6% upside)
! Quality below floor (2.6 < 4.0)
! Momentum score 2.5/10 — below 4.5 minimum

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-04 (76d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is ICHR stock a buy right now?

Sell if holding. Engine safety override at $65.16: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $60.49. Score 4.4/10, moderate confidence.

What is the ICHR stock price target?

Take-profit target: $66.74 (+2.6% upside). Prior stop was $60.49. Stop-loss: $60.49.

What are the risks of investing in ICHR?

Concentration risk — Customer: Lam Research and Applied Materials (76.0%); Target reached (2.6% upside); Quality below floor (2.6 < 4.0).

Is ICHR overvalued or undervalued?

Ichor Holdings trades at a P/E of N/A (forward 24.7). TrendMatrix value score: 7.3/10. Verdict: Sell.

What do analysts say about ICHR?

13 analysts cover ICHR with a consensus score of 4.1/5. Average price target: $77.

What does Ichor Holdings do?Ichor Holdings designs and manufactures critical fluid delivery subsystems and components primarily for semiconductor...

Ichor Holdings designs and manufactures critical fluid delivery subsystems and components primarily for semiconductor capital equipment OEMs, operating from facilities in the U.S., Singapore, Malaysia, and Mexico. Revenue of $947.7M in 2025 is highly concentrated, with Lam Research and Applied Materials accounting for a combined 76% of total sales.

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