Vicor stock heads into October earnings with higher Q3 guidance

Published on 10/07/2026 at 07:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 sequential revenue growth guidance rose above 30% on September 30, 2026, driven by VPD royalties. Q2 revenue reached USD 143.35 million, up 49.3% year over year.

VICR, US9258151029, Illustration mit AI erstellt.

Vicor Corporation (ISIN US9258151029) was last at USD 299.29 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, down 2.07 percent from the prior close. The company has set October 20, 2026 as the date for its third-quarter results and conference call, according to Vicor Corporation in its October 6, 2026 release.

Q3 guidance points higher

Vicor raised its Q3 sequential revenue growth guidance from more than 20 percent to more than 30 percent on September 30, 2026. The update cited increased royalties from the first non-exclusive license for Vertical Power Delivery, or VPD, technology, according to Vicor Corporation.

The guidance gives the October results a clear test: royalties and Advanced Products demand must translate into reported revenue. Vicor's modular power systems serve high-performance computing, industrial, transportation, aerospace and defense applications, while its licensing model adds revenue beyond direct product shipments.

Q2 growth met a valuation test

For the quarter ended June 30, 2026, revenue reached USD 143.4 million versus USD 96.0 million a year earlier, a 49.3 percent increase. Diluted EPS was USD 1.04 versus USD 0.91, while net income rose to USD 49.8 million from USD 41.2 million, according to MetaTrader.

Growth came with a margin counterweight. Gross margin fell to 58.0 percent from 65.3 percent because the prior-year quarter included a USD 45.0 million patent litigation settlement recorded as revenue, making the quality of the next revenue increase important for investors.

Consensus target stays above price

The analyst consensus remains Buy across five analysts, with an average target of USD 391.67, according to MarketBeat on October 3, 2026. The target lies 30.9 percent above the October 6 price, leaving the October 20 report as the next quantified checkpoint for that optimism.

Vicor stock remains below its yearly high

Vicor stock was last at USD 299.29 on Nasdaq on October 6, 2026, with a 52-week range of USD 48.53 to USD 382.65. Its market capitalization was USD 13.6 billion and volume reached 557,347 shares on that date.