
Vicor (VICR) Stock Forecast & Price Target
Vicor (VICR) Analyst Ratings
Bulls say
Vicor is benefiting from a materially improved outlook driven by its recently announced non-exclusive VPD royalty agreement with an AI OEM, which lifted 3Q26 revenue expectations to >30% Q/Q and points to what could be its largest revenue quarter from a single licensee to date. The business case is further strengthened by broad product momentum in Gen 5 solutions, hyperscaler demand, and traction across Industrial, Automatic Test Equipment, and Aerospace & Defense, while management still expects volume shipments to its lead customer before year-end 2026 despite capacity constraints. These dynamics support higher estimates, including 3Q26 revenue of $187MM, NG gross margin of 63.3%, and NG EPS of $1.43, with licensing and capacity expansion potentially adding another durable growth leg.
Bears say
Vicor is facing a concentrated governance and customer-risk profile, as Dr. Patrizio Vinciarelli controls nearly 80% of the voting stock and a small number of hyperscale and semiconductor customers drive a significant portion of revenue. Its growth thesis is heavily dependent on AI/data center spending and adoption of vertical power delivery, while execution risks around advanced packaging, U.S. manufacturing expansion, and potential technological displacement could pressure margins and delay scaling. The stock also carries legal and valuation risk, with three additional patent infringement lawsuits filed on September 8, 2026, and the cited $375 PT implying a 64x multiple on 2027E EPS.
This aggregate rating is based on analysts' research of Vicor and is not a guaranteed prediction by Public.com or investment advice.
Vicor (VICR) Analyst Forecast & Price Prediction
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