Why Vicor Stock Skyrocketed Today

Why Vicor Stock Skyrocketed Today

Key PointsVicor'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 expects that its licensing revenues could double over the next two years. 10 stocks we like better than Vicor › Vicor (NASDAQ: VICR) stock booked a day of huge gains in Wednesday's trading. The company's share price ended the day's trading up 30.2%, and had been up as much as …

Vicor Stock Skyrockets to 52-Week High After Blockbuster Q3 and AI Licensing Boom

Vicor Corporation (NASDAQ: VICR) shares surged after its Oct. 21 Q3 report, reaching ~$67.82 intraday on Oct. 21 (vs ~$58 the prior close) marketbeat.com. The stock is up roughly 30–35% year-to-date (fell to ~$38 low in 2024) and opened Oct 22 near $65–66. Q3 revenue was $110.4 M (up 18.5% YOY) and EPS $0.63, crushing analyst expectations investing.com marketbeat.com. Analyst firms (Craig-Hallum, Needham) upgraded VICR to Buy with ~$90 price tar…