Vicor Corporation (VICR) AI Stock Analysis

Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power conversion systems. Based in Andover, Massachusetts, its offerings include brick-format DC-DC converters, AC line rectification, input filtering, power factor correction, and transient protection components. In addition to standard input and output voltage products and accessories, the company provides custom power systems solutions. These products serve industries such as aerospace, defense electronics, industrial automation, instrumentation, telecommunications, networking infrastructure, solid state lighting, and vehicles. Founded in 1981, Vicor supplies electronic device manufacturers, original equipment manufacturers, and contract manufacturers globally.

Vicor delivered a 5-year revenue CAGR of 6.6% from FY2020 to FY2025. Annual revenue grew 21.2% in FY2021 to $359.4M, 11.1% in FY2022 to $399.1M, and 1.5% in FY2023 to $405.1M. In FY2024, revenue fell 11.4% to $359.1M, with operating margin declining to -0.4% and net income reaching $6.1M. Revenue rebounded in FY2025, climbing 13.5% to $407.7M as net margin expanded to 29.1% and EPS hit $2.97. For the trailing twelve months, revenue totaled $474.0M with an operating margin of 24.3%. In the quarter ended June 30, 2026, revenue increased 49.3% year-over-year and quarterly earnings grew 14.3%.

As of June 30, 2026, Vicor held $453.6M in cash and short-term investments against total debt of $7.6M, resulting in net cash of $446.0M. The company reported a current ratio of 13.25 and a debt-to-equity ratio of 0.01 alongside shareholders' equity of $834.3M. In FY2025, operating cash flow stood at $139.5M and free cash flow reached $119.2M. Capital expenditures used $20.3M in FY2025, while share buybacks totaled $35.2M.

Vicor carries a market cap of $8.83B and an enterprise value of $12.61B. It trades at a trailing P/E of 61.2x and a forward P/E of 47.2x, above the median of its US-listed Technology peers at 28.1x and 18.8x, respectively. Its enterprise value-to-revenue multiple is 26.6x compared to 115.1x EV/EBITDA. Over the past year, the stock returned 216.7%, outperforming the S&P 500 (SPY) return of 16.8%. Over five years, its return of 29.2% trails the S&P 500 return of 83.0%.

Wall Street analysts track Vicor with 2 Strong Buy, 2 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $393.75, which stands 105.6% above the last close of $191.50 on October 16, 2026. For the fiscal year ending December 31, 2026, consensus estimates project EPS of $4.12 on revenue of $643.2M. The company has beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 20, 2026.

This page is an AI-written research summary of Vicor Corporation (VICR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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