Movement Alert|Vicor Overnight Rise 5.01%, Rebound Extends as Market Continues to Trade on Q3 Revenue Beat and Bullish Analyst Views

Market Focus11-02 15:18

On November 2, Vicor rose 5.01% Overnight, trading at $200.66 per share, with turnover of $0.5216 million.

The move followed continued trading around the company’s third-quarter results, raised growth outlook tied to Vertical Power Delivery licensing royalties, and ongoing bullish analyst ratings.

Vicor reported third-quarter revenue of $197.1 million, above expectations near $187 million, while EPS was $1.33, below some estimates of $1.37 but sharply above $0.63 a year earlier. Earlier, the company raised its third-quarter sequential growth guidance to above 30%, up from above 20%, citing increased royalties from a non-exclusive Vertical Power Delivery license. Recent market commentary also noted maintained buy ratings, with target prices around $350 to $360 and a broader consensus target near $390, helping support the rebound after late-October volatility.

(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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