VICR
Vicor Corporation
NASDAQ: VICR · TECHNOLOGY · ELECTRONIC COMPONENTS
$312.96
-11.46% today
Updated 2026-06-05
Market cap
$13.85B
P/E ratio
101.94
P/S ratio
31.84x
EPS (TTM)
$2.98
Dividend yield
—
52W range
$42 – $362
Volume
0.9M
Vicor Corporation (VICR) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed VICR price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$312.96
Today
Analyst consensus
$198.00
-36.73% · 12M
2030 Base
$1,062.70
+239.56% future
NPV today
$523.52
@ 17% WACC
5 analysts:
3 Buy1 Hold0 Sell
Management guidance
CEO Patrizio Vinciarelli has not disclosed specific multi-year revenue targets in available earnings calls or guidance. Management is guiding for strong growth driven by AI-related power solutions and modular power architecture adoption, with Q1 2026 revenue of $112.97M (+20.2% YoY) signaling acceleration. Backlog and customer commitments from hyperscalers (Meta, Microsoft, Google) for AI infrastructure power modules represent the primary growth driver through 2028+.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
VICR · Vicor Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$540.27
NPV today: $266.15
Base case (2030)
$1,062.70
NPV today: $523.52
Bull case (2030)
$2,107.56
NPV today: $1,038.24
WallStSmart.com
VICR financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $0.4B | $1.1B | $1.5B | $1.9B | $2.3B | $2.5B |
| Revenue growth | 13.5% | 157.5% | 44.0% | 25.0% | 20.0% | 12.0% |
| Net margin | — | 16.9% | 19.1% | 19.9% | 20.4% | 20.4% |
| EPS | $2.69 | $5.25 | $8.50 | $11.10 | $13.60 | $15.25 |
| Diluted shares | — | 34M | 34M | 34M | 34M | 34M |
| Net debt | — | $-67.45M | $-166.85M | $-291.11M | $-440.21M | $-607.20M |
| P/S multiple | — | 14.0x | 14.0x | 14.0x | 14.0x | 14.0x |
| Implied price (base) | — | $435.65 | $628.76 | $787.60 | $946.85 | $1,062.70 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.5B |
| P/S multiple | 7.0x | 14.0x | 28.0x |
| Diluted shares | 34M | 34M | 34M |
| Net debt | $-607.20M | $-607.20M | $-607.20M |
| Implied P/E † | 35x | 70x | 138x |
| 2030 Price | $540.27 | $1,062.70 | $2,107.56 |
| NPV @ 17% | $266.15 | $523.52 | $1,038.24 |
† Implied P/E: Multiples remain elevated across all three scenarios because VICR is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $1,062.70 base case
VICR catalysts and risks
Growth catalysts
+ Hyperscaler AI capex acceleration (Meta $60B+, Microsoft $80B+ through 2028) driving demand for Vicor's modular power modules and VIA solutions
+ New product rollouts in advanced power architectures for AI data centers (48V DC distribution, isolated gate drivers, AI chip power delivery)
+ IP royalty income stream from power architecture licensing to competitors/OEMs
+ Market share gains in AI server PSU market as alternatives to traditional 12V PSU solutions
+ Data center power efficiency standards (OCP, Open Compute Project) favoring Vicor's modular topology
Key risks
- Extreme insider selling (CEO, directors, VPs collectively sold >$10M in May 2026) suggesting stock overvaluation concerns at management level
- High valuation (P/E 85.5x, forward P/E 46.8x) leaves minimal margin for guidance miss or competitive pressure
- Customer concentration risk: hyperscaler capex slowdown or shift to internal power solutions would crater revenue
- AI capex cycle peak uncertainty — consensus expects slowdown post-2026; Vicor's growth is synchronized with this cycle
- Competitive threats from Infineon, TI, Vicor's ability to maintain gross margins (currently 58-59%) under margin pressure as AI PSU becomes commoditized
Methodology · Vicor Corporation 2030 stock forecast model
Vicor Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 5 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (1% cumulative for VICR by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-607.20M by 2030) |
| 3. Time value | NPV calculated using 17% WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 7.0x / base 14.0x / bull 28.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 20, 2026.
VICR price target FAQ
What is the VICR price target for 2030?
WallStSmart's Vicor Corporation 2030 base case is $1,062.70 per share, with a bull case of $2,107.56 and bear case of $540.27. The NPV of the base case discounted to today at 17% WACC is $523.52.
How is the Vicor Corporation 2030 stock forecast calculated?
The VICR 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the VICR price target account for dilution?
Vicor Corporation is projected to grow diluted share count from 34M to 34M by 2030 (a 1% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 1%.
What is the analyst consensus on VICR stock?
5 analysts cover VICR with an average 12-month price target of $198.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.