Vicor

VICR

Market cap $8.99B

Vicor Corporation (VICR) Q4 2025 Earnings Call Transcript

Ashford Capital increased its stake in Vicor by 128,664 shares during the fourth quarter; the estimated trade size was $10.94 million based on quarterly average prices. Meanwhile, the quarter-end position value rose by $27.59 million, reflecting both trading and price appreciation.

ANDOVER, Mass., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) announced today it will hold its fourth quarter 2025 earnings conference call and webcast on Thursday, February 19, 2026 at 5:00 p.m. (Eastern). Prepared remarks regarding the company's financial and operational results for the three and twelve months ended December 31, 2025 will be followed by a question and answer period with Patrizio Vinciarelli, Chief Executive Officer, Jim Schmidt, Chief Financial Officer, and Phil Davies, Corporate Vice President, Global Sales and Marketing.

Vicor Corporation is rated a buy for growth investors, driven by its unique positioning in next-gen data center power delivery. VICR's Gen 5 chipsets and vertical power delivery systems offer a strong technological moat, targeting surging AI-driven power demands. Despite recent revenue volatility from a patent settlement, VICR demonstrates robust margin expansion, resilient cash flows, and a debt-free balance sheet.

5,508 shares were exercised and sold on Oct. 24, 2025, generating a transaction value of $498,862 at a price of $90.57 per share. The sale reduced Tuozzolo's direct holdings by 14.08%, from 39,130 to 33,622 shares, representing 0.0747% of total shares outstanding post-transaction.

On October 23 and 24, 2025, Claudio Tuozzolo, Corporate Vice President at Vicor (VICR +0.21%), exercised a total of 20,145 stock options and immediately sold the resulting shares, as detailed in this SEC Form 4 filing and others.

Vicor Corporation is upgraded to a buy as Q3 results show accelerating revenue, expanding margins, and robust cash flow. VICR's licensing business is thriving, the backlog is growing, and profitability is on a strong upward trajectory, signaling a successful turnaround. Despite a premium to sector P/E, VICR trades below its five-year average, suggesting potential for multiple expansion as fundamentals improve.

Vicor's business model has drastically changed to look a lot like Qualcomm's in that Vicor now considers licensing a significant part of their comprehensive business model. Vicor is positioned for significant growth, driven by its new US-based ChipFab factory, strong balance sheet, aggressive share buybacks, and growing royalty income support a bullish investment thesis. Vicor targets a $1B revenue run rate and potential of $6 EPS. I have a $100 price target. Expected clarity on bookings and royalty income will result in a higher target.

Vicor's sales and earnings performance in Q3 crushed Wall Street's expectations. An increase in royalty revenues helped power big sales and earnings beats.

Vicor Corporation (NASDAQ: VICR) stock surged 27% on Wednesday after the provider of power conversion and control solutions reported third-quarter fiscal 2025 results that significantly exceeded analysts' expectations. Revenue for the quarter rose 18.5% year-on-year to $110.4 million, surpassing the consensus forecast of $95.4 million.