Vicor Corporation

NasdaqGS:VICR Stock Report

Market Cap: US$12.9b

Vicor Management

Management criteria checks 4/4

Vicor's CEO is Patrizio Vinciarelli, appointed in Jan 1981, has a tenure of 45.5 years. total yearly compensation is $702.20K, comprised of 68.3% salary and 31.7% bonuses, including company stock and options. directly owns 42.95% of the company’s shares, worth $5.54B. The average tenure of the management team and the board of directors is 11 years and 7.1 years respectively.

Key information

Patrizio Vinciarelli

Chief executive officer

US$702.2k

Total compensation

CEO salary percentage68.25%
CEO tenure45.5yrs
CEO ownership43.0%
Management average tenure11yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

Seeking Alpha Jun 25

Vicor: Management Just Raised Its Own Targets, Quietly

Summary I reiterate my Strong Buy rating on Vicor Corporation after management significantly raised aspirational revenue and margin targets at the annual shareholder meeting. VICR now targets $2.5 billion in revenue, 70% gross margin, and 40% operating income, with licensing potentially contributing $200–300 million, well above prior run-rate guidance. The licensing model is gaining traction, offering risk-mitigated monetization regardless of hardware sale outcomes and deepening customer relationships. The technical moat is reinforced by superior current-multiplier technology, positioning VICR well ahead of competitors and supporting robust long-term growth optionality. Read the full article on Seeking Alpha
Narrative Update Jun 25

VICR: AI Licensing Momentum Will Shape Future Earnings Power Outlook

Vicor's analyst price target has been revised higher from $323.75 to $406.25, reflecting analysts' updated views after the shareholder meeting, including raised long term financial objectives, higher assumed revenue growth and profit margins, and increased visibility into licensing and AI related drivers discussed in recent research updates from Craig-Hallum, Roth Capital, and Needham. Analyst Commentary Recent research updates reflect a more constructive tone around Vicor, with bullish analysts pointing to higher long term financial objectives and AI related opportunities when explaining their revised price targets.
Narrative Update Jun 02

VICR: Raised Revenue Guidance And Licensing Shift Will Shape Future Balanced Outlook

Analysts lifted their price target on Vicor by $41.25 to $323.75, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E multiples that align with recent Street research. What's in the News Vicor raised its Q2 2026 revenue guidance from US$126 million to US$142 million, supported by product revenues and royalties from a new OEM licensee for its patented power system technologies.
Narrative Update Apr 24

VICR: Higher P/E Assumptions And Index Shift Will Shape Balanced Outlook

Analysts have raised their price target for Vicor from $208.75 to $282.50, citing updated assumptions for revenue growth, profitability, and long-term P/E multiples that are consistent with the latest Street research. Analyst Commentary Recent Street research includes a reported US$40 increase in the Vicor price target, which reflects updated assumptions around revenue growth, profitability, and long term P/E multiples.
Narrative Update Apr 09

VICR: Lower Discount Rate And Index Shift Will Support Bullish View

Analysts have raised their price target on Vicor by $60 to $208.75, citing updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts view the higher price target of $208.75 as better aligned with updated assumptions on long term revenue growth and profit margins, which they see as important drivers of earnings power over time.
Narrative Update Mar 26

VICR: Higher P/E Assumptions And Index Shift Will Support Bullish View

Analysts have raised their Vicor price target by $60. They cite updated assumptions on the discount rate, revenue growth, profit margin, and future P/E that together support a refreshed view of the stock's potential value.
Narrative Update Mar 12

VICR: Higher P/E Assumptions And Buybacks Will Support Bullish Outlook

Analysts have raised their price target on Vicor from $196.25 to $208.75, citing updated assumptions around the discount rate, long-term revenue growth, profit margins, and future P/E that are consistent with recent Street research commentary. Analyst Commentary Recent Street research has focused on how updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E feed into the higher price target for Vicor.
Narrative Update Feb 25

VICR: Higher Margin Assumptions And Buybacks Will Test Fair Value Outlook

Analysts have raised their Vicor price target by $60 to $196.25, citing updated assumptions on revenue growth, profit margins, and a lower future P/E multiple as the key drivers of the revision. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$196.25 price target as reflecting updated assumptions on revenue growth that they view as better aligned with the company’s current opportunities.
Narrative Update Feb 11

VICR: Raised Price Assumptions Will Eventually Reveal Demanding Margin Expectations

Analysts have lifted their price target on Vicor by $60, citing updated assumptions on discount rate, revenue, profit margins, and future P/E that support a fair value estimate of $136.25. Analyst Commentary Analysts lifting their fair value estimate for Vicor to US$136.25 are updating their models around discount rate, revenue, margins, and future P/E.
Narrative Update Jan 27

VICR: Higher Assumed P/E Will Eventually Expose Fragile Execution Assumptions

Analysts have raised their price target on Vicor from US$93.75 to US$136.25, citing updated fair value analysis that incorporates a higher assumed future P/E multiple along with modest adjustments to the discount rate, revenue growth, and profit margin assumptions. Analyst Commentary Analysts updating their models around the new US$136.25 price target are focusing on how Vicor can justify a higher assumed P/E multiple through execution on its growth plans and profitability goals, while also acknowledging valuation and forecasting risks.
Narrative Update Jan 12

VICR: Rich P/E Will Outrun Limited Share Buyback Support

Narrative Update on Vicor Analysts have kept their Vicor fair value estimate steady at US$93.75, with only slight tweaks to discount rate, margin, growth, and future P/E assumptions. This signals a broadly unchanged view of the stock's long-term potential.
Analysis Article Dec 23

Vicor Corporation's (NASDAQ:VICR) 32% Share Price Surge Not Quite Adding Up

Despite an already strong run, Vicor Corporation ( NASDAQ:VICR ) shares have been powering on, with a gain of 32% in...
Narrative Update Dec 21

VICR: Future Returns Will Lag As Rich Multiple Outruns Modest Buybacks

Analysts have modestly raised their Vicor price target from approximately 86.67 dollars to 93.75 dollars, reflecting slightly improved expectations for revenue growth, profitability, and future valuation multiples. What's in the News Completed the repurchase of 762,524 shares, representing 1.69 percent of outstanding shares, under the buyback program announced on July 31, 2024, for a total cost of 33.81 million dollars (Key Developments) Repurchased 336,001 shares, or 0.75 percent of outstanding shares, between July 1, 2025 and September 30, 2025, for 15.59 million dollars as part of the same buyback program (Key Developments) Valuation Changes Fair Value Estimate has risen slightly from about $86.67 to $93.75 per share, implying modestly higher intrinsic valuation.
Narrative Update Dec 07

VICR: Future Returns Will Lag As Modest Buybacks Fail To Offset Risk

Narrative Update on Vicor Analysts have modestly raised their price target on Vicor to 86.67 dollars from 86.67 dollars. This reflects unchanged fair value expectations, along with slightly higher discount rate and future P/E assumptions that fine tune their longer term risk and valuation outlook.
Narrative Update Nov 23

VICR: Shares Will Remain Fairly Valued As Buybacks Offset Rising Discount Rate

Analysts have maintained their price target for Vicor at $86.67 per share, citing stable growth and profitability projections despite minor shifts in key financial metrics. What's in the News Vicor repurchased 336,001 shares between July 1 and September 30, 2025.
Narrative Update Nov 06

VICR: Shares Will Remain Fairly Valued As Buybacks Offset Rising Discount Rate

Analysts have maintained their fair value estimate for Vicor at $86.67. They note that adjustments in revenue growth expectations and profit margins have balanced out recent changes in the company's risk profile.
Narrative Update Oct 22

Analysts Boost Vicor Price Target After Strong Margins and Space Industry Advancements

Analysts have raised their price target for Vicor from $52.50 to $86.67, citing improved profit margins and stronger projected revenue growth as key drivers behind the more optimistic outlook. What's in the News The company completed a share repurchase of 747,124 shares for $33.82 million under the buyback announced July 31, 2024, with recent tranches finalized between April and September 2025 (Key Developments).
Analysis Article Jul 18

Is There Now An Opportunity In Vicor Corporation (NASDAQ:VICR)?

Vicor Corporation ( NASDAQ:VICR ), is not the largest company out there, but it received a lot of attention from a...
Seeking Alpha Nov 12

Vicor's High Potential, Higher Price, Why I'm Waiting For A Better Entry Point

Summary Vicor Corporation's stock surged 60% due to a tech and AI rally, surpassing analyst targets and prompting a closer look at Q3 highlights and challenges. Despite strong revenue growth and promising products like Brick and Gen 5 VPD solutions, Vicor's sky-high valuations suggest the stock is priced for perfection. Near-term challenges include a 13.6% YoY revenue drop and a book-to-bill ratio below one, indicating potential demand softness ahead. Current recommendation: Hold. The stock's valuation is high, but it could become a buy again if growth stabilizes and prices settle. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Patrizio Vinciarelli's remuneration changed compared to Vicor's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$137m

Dec 31 2025US$702kUS$479k

US$119m

Sep 30 2025n/an/a

US$82m

Jun 30 2025n/an/a

US$66m

Mar 31 2025n/an/a

US$23m

Dec 31 2024US$719kUS$460k

US$6m

Sep 30 2024n/an/a

US$5m

Jun 30 2024n/an/a

US$10m

Mar 31 2024n/an/a

US$28m

Dec 31 2023US$821kUS$442k

US$54m

Sep 30 2023n/an/a

US$53m

Jun 30 2023n/an/a

US$38m

Mar 31 2023n/an/a

US$32m

Dec 31 2022US$657kUS$425k

US$25m

Sep 30 2022n/an/a

US$26m

Jun 30 2022n/an/a

US$38m

Mar 31 2022n/an/a

US$47m

Dec 31 2021US$464kUS$408k

US$57m

Sep 30 2021n/an/a

US$59m

Jun 30 2021n/an/a

US$51m

Mar 31 2021n/an/a

US$35m

Dec 31 2020US$143kUS$123k

US$18m

Sep 30 2020n/an/a

US$8m

Jun 30 2020n/an/a

US$8m

Mar 31 2020n/an/a

US$8m

Dec 31 2019US$451kUS$397k

US$14m

Compensation vs Market: Patrizio's total compensation ($USD702.20K) is below average for companies of similar size in the US market ($USD14.46M).

Compensation vs Earnings: Patrizio's compensation has been consistent with company performance over the past year.


CEO

Patrizio Vinciarelli (79 yo)

45.5yrs
Tenure
US$702,202
Compensation

Dr. Patrizio Vinciarelli, Ph.D. founded Vicor Corporation in 1981 and has been its Chairman, Chief Executive Officer, President and Director since 1981. Prior thereto, Dr. Vinciarelli was a Fellow from 197...


Leadership Team

NamePositionTenureCompensationOwnership
Patrizio Vinciarelli
Founder45.5yrsUS$702.20k42.95%
$ 5.5b
James Schmidt
Corporate VP5.1yrsUS$670.17k0%
$ 0
Michael McNamara
Corporate VP11.1yrsUS$853.86k0.040%
$ 5.1m
Philip Davies
Corporate VP of Global Sales & Marketing and Director15.4yrsUS$1.55m0.0042%
$ 543.0k
Claudio Tuozzolo
Corporate VP & Directorno dataUS$1.13m0.029%
$ 3.7m
Quentin Fendelet
Corporate VP & Chief Accounting Officer4.3yrsno datano data
Alvaro Doyle
Corporate VP & Chief Information Officer5.8yrsno data0.000090%
$ 11.6k
Stephen Germino
Director of Media Relations & PRno datano datano data
Nancy Grava
Corporate Vice President of Human Resources11yrsno datano data
Kemble Morrison
VP & Corporate Controller18.9yrsno datano data
11.0yrs
Average Tenure
64yo
Average Age

Experienced Management: VICR's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrizio Vinciarelli
Founder45.5yrsUS$702.20k42.95%
$ 5.5b
James Schmidt
Corporate VP5.1yrsUS$670.17k0%
$ 0
Michael McNamara
Corporate VP7.1yrsUS$853.86k0.040%
$ 5.1m
Philip Davies
Corporate VP of Global Sales & Marketing and Director7.1yrsUS$1.55m0.0042%
$ 543.0k
Claudio Tuozzolo
Corporate VP & Director19.5yrsUS$1.13m0.029%
$ 3.7m
Samuel Anderson
Director25.5yrsUS$137.22k0.013%
$ 1.7m
Jason Carlson
Independent Director17.9yrsUS$137.22kno data
Estia Eichten
Independent Director45.5yrsUS$137.22k1.73%
$ 223.4m
Zmira Shternfeld-Lavie
Independent Director4.1yrsUS$137.22kno data
Andrew D'Amico
Non-Independent Director5.8yrsUS$107.22kno data
John Shen
Independent Director4.1yrsUS$137.22k0%
$ 0
7.1yrs
Average Tenure
65yo
Average Age

Experienced Board: VICR's board of directors are considered experienced (7.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 02:54
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vicor Corporation is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan TanwantengCJS Securities, Inc.
Richard ShannonCraig-Hallum Capital Group LLC
Nathaniel Quinn BoltonNeedham & Company