B+
Bull case
0%
Probability
Target price
$78.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
ICHR
IchorDNasdaq / Semiconductors & Semiconductor Equipment
Last Price
Quote time unavailable
Current thesis
The earnings release supports a near-term recovery view: Q1 beat the company’s prior guide midpoint, Q2 guidance stepped up materially, and management explicitly cited accelerating customer delivery timelines plus another quarter of sequential revenue, margin, and EPS improvement [#8-K-2026-05-04].
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta -9.0.
What can break
At T+1, post-earnings analyst estimate and target revisions were not meaningfully available from checked sources, so the market’s initial positive reaction has not yet been broadly validated by refreshed sell-side numbers.
Momentum
12
Value
41
Sentiment
58
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $60.00 · Bull $78.00 · Bear $42.00Analysis 2026-05-04; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-04 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $98.88
Why
Momentum12 · Δ7d +2.8
Value41 · Δ7d 0.0
Sentiment58 · Δ7d -9.0
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta -9.0.
Contradictions & invalidation
- • At T+1, post-earnings analyst estimate and target revisions were not meaningfully available from checked sources, so the market’s initial positive reaction has not yet been broadly validated by refreshed sell-side numbers.
- • Customer concentration remains high: Ichor said in its 2025 10-K that Lam Research and Applied Materials together represented 76% of 2025 sales, so a pause or mix shift at a small number of OEMs can move results materially [#10-K-2026-02-20].
- • This is still an early T+1 follow-up with limited post-print sell-side digestion.
Catalyst clock
2026-05-04
Q1 print and Q2 outlook came in better than the company’s prior frame
Lead driver: Sentiment · See AI snapshot
Momentum
12
9% active weight
Current posture
7d trendFlat
Δ7d
+2.8
Δ21d
-1.2
Value
41
28% active weight
Current posture
7d trendFlat
Δ7d
0.0
Δ21d
-0.0
Sentiment
58
62% active weight
Current posture
7d trendSoftening
Δ7d
-9.0
Δ21d
+17.8
Why this grade
Composite grade D. Momentum 12.4 / Value 41.4 / Sentiment 57.8
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-05-04. Scenario method
Most likely
B
Base case
1%
Probability
Target price
$60.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
B-
Bear case
0%
Probability
Target price
$42.00
Analysis reference price unavailable
Analysis 2026-05-04 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$2.69B
Beta
1.87
Shares Out
37.45M
P/E (TTM) · Derived
-46.6
P/S (TTM)
0.75
P/FCF (TTM)
70.29
Rev YoY
+22.7%
EPS YoY
-110.0%
Gross Margin
+9.6%
Op Margin
+1.1%
Net Debt
$61.9M
Current Ratio
3.70
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data