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Shareholders of Ichor Holdings, Ltd. (NASDAQ:ICHR) will be pleased this week, given that the stock price is up 15% to US$32.52 following its latest quarterly results. The results don't look great, especially considering that statutory losses grew 14% toUS$0.08 per share. Revenues of US$211,139,000 did beat expectations by 3.9%, but it looks like a bit of a cold comfort. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
View our latest analysis for Ichor Holdings
Following the latest results, Ichor Holdings' seven analysts are now forecasting revenues of US$971.4m in 2025. This would be a solid 19% improvement in revenue compared to the last 12 months. Ichor Holdings is also expected to turn profitable, with statutory earnings of US$0.61 per share. In the lead-up to this report, the analysts had been modelling revenues of US$970.3m and earnings per share (EPS) of US$0.79 in 2025. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a large cut to EPS estimates.
The consensus price target held steady at US$41.29, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Ichor Holdings, with the most bullish analyst valuing it at US$50.00 and the most bearish at US$34.00 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Ichor Holdings shareholders.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Ichor Holdings' past performance and to peers in the same industry. It's clear from the latest estimates that Ichor Holdings' rate of growth is expected to accelerate meaningfully, with the forecast 15% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 4.6% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 19% per year. It seems obvious that, while the future growth outlook is brighter than the recent past, Ichor Holdings is expected to grow slower than the wider industry.