DA Davidson upgrades Ichor stock to Strong Buy

Published on 10/07/2026 at 04:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 294.80 million, up 24.00 percent year over year. Ichor stock stood at EUR 55.61 at Lang & Schwarz on October 5, 2026.

ICHR, KYG4740B1059, Illustration mit AI erstellt.

Ichor Holdings (ISIN KYG4740B1059) reported USD 294.80 million in second-quarter 2026 revenue, up 24.00 percent year over year. MarketBeat reported on October 6, 2026 that DA Davidson upgraded Ichor stock to Strong Buy in a note issued October 5, 2026.

Revenue reached USD 294.80 million

The second-quarter result represented a 15.00 percent increase from the first quarter of 2026, according to Business Wire. The company reported GAAP gross margin of 13.90 percent and non-GAAP gross margin of 14.10 percent for the quarter.

Investing.com reported adjusted earnings per share of USD 0.34 for the second quarter of 2026, above the USD 0.31 analyst consensus. The comparison matters because revenue exceeded the prior quarter while profitability remained closely tied to margin execution.

Analysts lift targets as insiders sell

MarketBeat listed an average analyst price target of USD 87.00 and a Moderate Buy consensus on October 6, 2026. Its report also recorded the DA Davidson rating change, while earlier notes cited targets of USD 88.00 from Needham and USD 115.00 from Stifel.

The positive analyst tone sits alongside insider activity. Investing.com reported that Chief Operating Officer Bruce Ragsdale sold 2,149 shares for USD 140,695 on October 2, 2026, under a Rule 10b5-1 trading plan. That transaction is a company-specific counterpoint to the upgraded rating, rather than evidence of a change in operating guidance.

Market value stays highly volatile

At Lang & Schwarz, Ichor's prior close was EUR 55.61 on October 5, 2026. The company's market capitalization was USD 2.2 billion and its 52-week range was USD 14.06 to USD 113.58 as of October 6, 2026, showing a wide valuation spread around the latest market value.

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