Movement Alert｜Vicor Rises 5.73% in Pre-Market Trading, rebound tied to continued digestion of Q3 results, raised growth outlook and bullish analyst stance

Market Focus11-03 21:35

On November 3, Vicor rose 5.73% in Pre-Market Trading, trading at $187.96 per share with turnover of $0.8335 million.

The move was linked to continued market trading around the company’s third-quarter revenue beat, its previously raised sequential growth outlook, and ongoing bullish analyst positioning after a recent pullback.

Background details show Vicor reported third-quarter revenue of $197.1 million, above forecasts near $187 million, while diluted EPS was $1.33 versus some expectations of $1.37, though sharply higher than $0.63 a year earlier. Earlier, the company raised third-quarter sequential growth guidance to more than 30% from more than 20%, citing higher royalty income tied to a previously announced first non-exclusive Vertical Power Delivery license. Separate market coverage also noted a maintained buy rating, with the target price reduced to $360 and the consensus target around $390.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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