
Vicor (VICR) Stock Forecast & Price Target
Vicor (VICR) Analyst Ratings
Bulls say
Vicor is benefiting from a rapidly improving mix of licensing and product demand, highlighted by a recently secured non-exclusive VPD royalty agreement with an AI OEM that lifted 3Q26 revenue growth guidance to more than 30% sequentially and is expected to be its largest revenue quarter from a single licensee to date. The added royalty stream is driving estimate raises across FY26/27/28, with FY26 revenue now modeled at $641.3MM, NG GM at 60.1%, and NG EPS at $4.53, while FY27 and FY28 EPS rise to $6.07 and $8.37, respectively, reflecting higher-margin revenue leverage. Fundamental conviction is also supported by Gen 5 momentum, broad strength across Industrial, ATE, and Aerospace & Defense, and capacity expansion plans that should sustain longer-term growth as Vicor scales beyond Andover.
Bears say
Vicor is viewed negatively because its growth is highly dependent on AI and data center capex, while slower adoption of vertical power delivery and weaker customer demand could quickly undermine the company’s advanced products momentum. Its revenue base is also concentrated among a small number of hyperscale and semiconductor customers, so the loss of a major design win, execution issues in scaling ChiP/VPD, or pricing pressure from competing 48V and integrated solutions could pressure margins and growth. Governance and legal risks add to the downside, as Dr. Patrizio Vinciarelli controls nearly 80% of voting stock and Vicor remains reliant on costly, uncertain IP litigation, including three additional patent infringement lawsuits filed on September 8, 2026.
This aggregate rating is based on analysts' research of Vicor and is not a guaranteed prediction by Public.com or investment advice.
Vicor (VICR) Analyst Forecast & Price Prediction
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