B. Riley cuts target to USD 85 for Ichor Holdings stock

Published on 10/20/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ichor will report third-quarter results on November 2, 2026. Ichor Holdings stock costs EUR 37.57 at Lang & Schwarz on October 20, 2026 after Xetra trading.

Analyst target and reporting date

B. Riley reduced its Ichor Holdings target from USD 105.00 to USD 85.00 on October 19, 2026.
Ichor Holdings reported USD 294.80 million in second-quarter 2026 revenue, up 24.00 percent year over year.
Ichor Holdings stock costs EUR 37.57 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST.
Ichor Holdings will announce third-quarter 2026 results on November 2, 2026.

ICHR, KYG4740B1059, Illustration mit AI erstellt.

Ichor Holdings (ISIN KYG4740B1059) faces a lower analyst valuation after B. Riley cut its price target from USD 105.00 to USD 85.00 on October 19, 2026, while maintaining a Buy rating, according to Moomoo. Ichor Holdings stock was trading at EUR 37.57 at Lang & Schwarz on October 20, 2026 at 10:00 p.m. CEST.

Target cut resets the valuation

The change leaves the new target USD 85.00 above the USD 42.23 Nasdaq price at 4:00 p.m. ET on October 20, 2026. That gap is 101.28 percent, calculated against the US-listed price in the same currency, but the target itself is lower by 19.05 percent from USD 105.00.

The report matters because the reduction came with the Buy rating intact. Markets Insider said B. Riley trimmed targets across several semiconductor capital equipment stocks to reflect lower valuation multiples.

Revenue growth meets margin pressure

Ichor reported USD 294.80 million of revenue for the second quarter of 2026, up 24.00 percent from the second quarter of 2025 and 15.00 percent from the first quarter. The company also reported a GAAP gross margin of 13.90 percent and GAAP earnings per share of USD 0.03, according to Business Wire.

The next reported milestone is the third-quarter release. Zacks lists November 2, 2026 as the confirmed release date and gives a consensus adjusted earnings-per-share estimate of USD 0.45 for the quarter ending September 2026.

Price sits below the yearly high

The US-listed stock had a 52-week range of USD 14.06 to USD 113.58 as of October 20, 2026, with a market capitalization of USD 1.6 billion. The current USD 42.23 Nasdaq quotation is 62.82 percent below the 52-week high and 200.43 percent above the low.

What comes next for Ichor

The November report will give investors a fresh test of whether revenue expansion is translating into wider profitability. The second-quarter figures combine 24.00 percent annual revenue growth with a 13.90 percent GAAP gross margin, while B. Riley's lower target points to a more restrained valuation view.

Current trading level

Ichor Holdings is a US semiconductor equipment supplier listed on Nasdaq under ticker ICHR. Its products include gas and chemical delivery subsystems used in semiconductor manufacturing.

The further course of trading is shown by the continuously updated real-time quote of Ichor Holdings stock.