Zacks Investment Research2 set 2026, 15:30
Why Is Ichor Holdings (ICHR) Down 27.4% Since Last Earnings Report?
Ichor Holdings (ICHR) reported Q2 2026 earnings of 34 cents per share, beating estimates by 9.7%, with revenues rising 22.7% year-over-year to $294.8 million. The company achieved significant margin expansion of 230 basis points and issued strong Q3 guidance with expected revenues of $315-345 million. Despite the positive earnings results, the stock has declined 27.4% over the past month, underperforming the S&P 500. Analyst estimates have trended upward 17.61% since the earnings report, and the stock received a Zacks Rank #1 (Strong Buy) rating.
