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The Nasdaq 100 gains 1.2% as chipmakers rebound and Tesla jumps on an upgrade, while Brazil's EWZ sinks 21.7% after Lula's win. Yields ease.
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Vicor Q3 2026 Earnings Call Transcript
Vicor (NASDAQ:VICR) reported third-quarter financial results on Tuesday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by Benzinga APIs. For
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Why Vicor Shares Are Soaring Today
Vicor stock surged 7.88% after reporting strong Q3 2026 results with revenue of $197.1 million (78.5% YoY growth) and net income of $63.3 million, beating analyst expectations. The company's backlog reached $406 million, up 166% YoY. However, analysts caution that the stock's valuation has become expensive at 75.8x operating cash flow versus its 5-year average of 36.6x, suggesting investors should wait for a pullback.
Needham Reiterates Buy on Vicor, Maintains $350 Price Target
Needham analyst N. Quinn Bolton reiterates Vicor (NASDAQ:VICR) with a Buy and maintains $350 price target.