Vicor Corporation (VICR)
NASDAQIndustrialsHardware, Equipment & PartsSnapshot 2026-09-04
$188.55+5.48%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · VICR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance recently climbed back into the top half of its industry — confirming the recovery.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 35.1% |
| Our one-year growth estimate | diamond | 65.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 30.0 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 40 industry peers
Why it matters: Gross margins above 55% show good cost control and pricing strength.
Supportive ifGross margin stays above 55% in the next quarters.
Worry ifGross margin percentage drops below 55%.
Why it matters: Strong backlog growth means more demand. This helps increase revenue.
Supportive ifBacklog increases sequentially by more than 25% from $301 million in Q1 to Q2.
Worry ifBacklog growth drops below 25% each quarter or goes down.
Why it matters: Better operating income means better cost management. This helps with long-term growth.
Supportive ifOperating income is better than last quarter.
Worry ifOperating income is the same or lower than last quarter.
Why it matters: Growth in licensing revenue shows good IP enforcement and market demand.
Supportive ifLicensing revenue goes up from the last quarter. This shows strong IP performance.
Worry ifLicensing revenue goes down or stays the same. This suggests challenges in enforcement.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$420 on $10,000 · ±4.2% | How much price usually moves either way. |
| Bad day | $843 loss on $10,000 · 8.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,366 loss on $10,000 · 53.7% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Backlog growth shows strong demand. This helps Vicor make more money.
Supportive ifBacklog increases year over year by more than 25%, indicating strong demand.
Worry ifBacklog growth falls below 25% year over year, suggesting weakening demand.
Why it matters: More money from IP licensing shows that many people want Vicor's technology.
Supportive ifIP licensing revenues increase year over year by more than 20%, showing strong demand.
Worry ifIf IP licensing revenues grow less than 20%, there may be enforcement issues.
Why it matters: The Q2 earnings report will provide insights into revenue growth and margin trends.
Watch forQ2 earnings report shows revenue growth exceeding 20% year over year.
Also watch forQ2 earnings report reveals revenue growth below 15% year over year.
Why it matters: Operating income over $16.9 million shows good expense management. This helps the company grow.
Supportive ifOperating income for Q2 is over $16.9 million. This shows better control of expenses.
Worry ifOperating income for Q2 is below $16.9 million. This shows ongoing issues with expenses.
Why it matters: Strong growth in operating income shows better efficiency. This also means more profit.
Supportive ifOperating income growth exceeds 20% year over year.
Worry ifOperating income growth is below 10% year over year.
Why it matters: A backlog above $400 million shows strong demand and supports revenue growth plans.
Supportive ifBacklog growth is over $400 million. This shows strong demand for Vicor's products.
Worry ifBacklog growth is under $380 million. This suggests weaker demand.
Why it matters: High gross margin means good cost control. It also shows strong pricing power.
Supportive ifGross margin is over 55%. This shows strong cost control.
Worry ifGross margin drops below 55%. This may mean cost pressures are coming.
Why it matters: Positive cash flow shows good financial health. It helps with ongoing investments.
Supportive ifCash flow from operations in Q3 remains positive.
Worry ifCash flow from operations in Q3 turns negative.
Why it matters: Strong revenue growth shows rising demand. It helps management's goal to increase revenue.
Supportive ifQ3 product revenue growth exceeds 25% year over year.
Worry ifQ3 product revenue growth is below 15% year over year.
Why it matters: Starting the second fab is important. It will help increase production and meet demand.
Supportive ifOfficial announcement of the start of construction for the second fab.
Worry ifNo news about the second fab construction by year-end.
Why it matters: High growth in royalty revenue shows strong success in IP licensing.
Supportive ifRoyalty revenue growth remains above 80% year over year.
Worry ifRoyalty revenue growth falls below 50% year over year.
Why it matters: Stable or better gross margins show good cost management and pricing power.
Supportive ifGross margin percentage remains above 58% for Q3.
Worry ifGross margin percentage drops below 55% for Q3.