Vicor Corporation (VICR) Management Meeting Reinforces Capacity Expansion on Track, Opening the Door for Estimate Revisions - Craig-Hallum

Craig-Hallum analyst Richard Shannon met with management of Vicor Corporation (NASDAQ: VICR) at it company HQ and commented on the morning call indicating that the company's new facility is expected to start manufacturing on time, in early July. Additionally, management believes it will ramp up to high volume around year’s end.

The analyst currently has a Buy rating and points to the company's distinct technological competitive advantage to retain its high-end customer base improving delivery times with this new facility. The new facility should create potential for growth acceleration and earnings leverage in 2H22, making the stock as attractive at current prices.

For an analyst ratings summary and ratings history on Vicor Corporation click here. For more ratings news on Vicor Corporation click here.

Shares of Vicor Corporation closed at $58.22 yesterday.

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