Vicor Corporation (VICR) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Vicor Corporation stock $30.81, price $135, that is 77.2% below the price, quality 70 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $31.82 – $379.78 · fair‑value band $25.84 – $36.71 · the $135.10 price screens above the $30.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically powered devices in the United States, Europe, the Asia Pacific, and internationally.
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The company offers a range of brick-format DC-DC converters; complementary components that provide AC line rectification, input filtering, power factor correction, and transient protection; and input and output voltage, and output power products, as well as sells electrical and mechanical accessories.
It also designs, sells, and services custom power system solutions.
It serves independent manufacturers of electronic devices, original equipment manufacturers, original design manufacturers, and their contract manufacturers in the aerospace and aviation, defense electronics, satellites, factory automation, instrumentation, test equipment, transportation, telecommunications and networking infrastructure, and vehicle markets.
Vicor Corporation was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Stock analysis
Vicor Corporation (VICR) currently trades at $135.10, while our model-based Fair Value estimate is $30.81, 77% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $44.15 per share, and 0 of the 24 models we run sit above the $135.10 price.
Bear case: the Asset-Based group reads lowest at $10.75, and 24 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $25.84 (bear) to $36.71 (bull), the price of $135.10 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 70/100 (solid quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Vicor Corporation reported revenue of $408M in FY2025 versus $359M in FY2021, a compound +3.2%/yr. Reported net income was $119M in FY2025, compounding +20.3%/yr from FY2021.
Key figures
Market cap $9.8B Mid · P/E ratio 55.7 · P/S ratio 17.6 · EPS (TTM) $3.83 · Net margin 32.2% · Return on equity 23.5% · Return on assets (EBIT) 6.0% · Operating margin 36.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 87 out of 100 (low confidence).
What moves the price
The share trades about 64% below its 52-week high and 62% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −24% fair-value upside, at −77%, VICR screens richer than that median.
Fair Value models
Bear$25.84Fair Value $30.81Bull$36.71
Price $135.10 · Downside -77.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($3.25 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
SaleSamuel J AndersonDirector2× since Feb 23, 2026: 5,864 shares, avg. $200.13$1.2MAug 17, 2026
SaleAndrew D'AmicoDirector15× since Nov 12, 2025: 19,344 shares, avg. $232.82$4.5MJun 26, 2026
SaleJames F SchmidtCFO, Treasurer, Secretary, Director9× since Dec 22, 2025: 35,224 shares, avg. $221.08$7.8MJun 25, 202610b5-1 plan
SaleClaudio TuozzoloCorp. Vice President, Director9× since Nov 12, 2025: 50,693 shares, avg. $234.24$11.9MJun 11, 2026
SaleSean CrillyCorp. VP-Eng., Pwr Syst.3× since Feb 27, 2026: 10,140 shares, avg. $215.82$2.2MJun 5, 2026
SaleNancy L GravaVP Human Resources3× since Feb 24, 2026: 8,351 shares, avg. $244.05$2.0MMay 27, 2026
SaleRobert GendronCorp. VP - Marketing4,571 shares at $330.00$1.5MMay 26, 2026
Plus 8 more entries from the last 12 months.
Plus 34 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+13.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.6%
Start year 2020 (pandemic). Over 10 years: +6.4% a year
Revenue growth 37 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+35.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+35.4%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.45.2% vs 35.6%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 9%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes more growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+42.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +31.0% a year for the price and +38.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Solid margins and cash generation form the main strength, yet thin public signals on qualitative moat factors limit evidence of any durable advantage.
Main risk: Competitors such as Monolithic Power Systems and Delta Electronics could supply alternative power architectures for AI servers, reducing demand for Vicor modules or pressuring prices and margins.
Bull case: Vicor could expand its licensing model across more platforms and leverage its density advantages in next-generation chiplet architectures to maintain or grow its share even as rivals improve their offerings.
Bear case: If rivals close the remaining performance gaps and secure more design wins in high-volume AI servers, Vicor's direct product sales could stagnate while licensing revenue fails to offset the lost hardware volumes.
Vicor has lifted its third-quarter revenue outlook more than once on rising royalties from non-exclusive licenses of its vertical power delivery technology aimed at AI systems. The licensing model generates high-margin income with limited added manufacturing yet the company is still acquiring sites for new fabs to meet direct product demand. Our models view the shares as overvalued. Will the royalty stream expand faster than product sales or remain a smaller complement to hardware volumes?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electronic Components · 651 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside−77.2% · Bottom 25%
Profitability
Return on equity (12 months)23.5% · Top 25%
Return on assets15.1% · Top 25%
Net margin (12 months)32.2% · Top 25%
Operating margin (12 months)36.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)78.5% · Top 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Vicor Corporation Fair Value". https://www.fairvalue-calculator.com/stock/VICR
Frequently asked questions
Is Vicor Corporation (VICR) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $30.81 versus a price of $135.10, about 77% lower (overvalued).
What is the fair value of VICR?
Our model-based fair value for Vicor Corporation is $30.81 (as of Nov 6, 2026), built from audited fundamentals. The current price: $135.10.
What is the quality score of VICR?
Vicor Corporation has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Vicor Corporation (VICR)?
Our model-based price target is the fair value of $30.81 (as of Nov 6, 2026) from 24 valuation models. Cautious scenario $25.84, optimistic scenario $36.71. It is a calculation from audited fundamentals, not an analyst target.
What is the Vicor Corporation stock forecast for 2026?
Our models put fair value at $30.81, about 77% lower versus a price of $135.10 (overvalued). Cautious scenario $25.84, optimistic scenario $36.71. The calculation is refreshed regularly with new filings.
What is the revenue of Vicor Corporation (VICR)?
Vicor Corporation reported trailing-twelve-month revenue of about $561M (latest available figure, as of Nov 6, 2026).
What growth is priced into Vicor Corporation (VICR)?
For today's price to be fair in a discounted-cash-flow model, Vicor Corporation would have to grow free cash flow by +34.2 % per year for five years (discount rate 12.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +6.6 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of VICR use?
Our models discount Vicor Corporation at 12.2 %: a base by market capitalisation (mid), damped by beta 2.38, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Vicor Corporation that is +34.2 % per year a year over ten years, using the same discount rate (12.2 %) and the same formula as our fair value.
How much growth has Vicor Corporation (VICR) delivered so far?
Over the past 5 years revenue at Vicor Corporation grew +6.6 % a year. The price currently implies +34.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Vicor Corporation (VICR) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Vicor Corporation (+34.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vicor Corporation (VICR)?
The free-cash-flow yield on the price is 1.85 %: that much free cash flow Vicor Corporation produces per unit of market value. When it exceeds the discount rate of our models (12.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Vicor Corporation (VICR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vicor Corporation it is $30.81 per share (as of Nov 6, 2026), against a price of $135.10. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Vicor Corporation stock overvalued or undervalued in 2026?
As of Nov 6, 2026, VICR trades above its calculated fair value: price $135.10, fair value $30.81, a gap of about −77% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VICR?
No. The price is what the market pays today ($135.10); the fair value is what the company's own numbers justify ($30.81). For Vicor Corporation the two are $104.29 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vicor Corporation worth?
The market values Vicor Corporation at about $9.8B (market capitalisation, as of Nov 6, 2026). Per share that is $135.10; our models calculate a fair value of $30.81 per share.
What do the bullish and bearish scenarios say about VICR?
Our models span a range for Vicor Corporation: cautious scenario $25.84, base $30.81, optimistic $36.71 per share (as of Nov 6, 2026, price $135.10). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VICR?
Vicor Corporation trades at a price-to-earnings ratio of 55.7 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $30.81 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 72.6 (reported for FY2025: 51.2). Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings, FY2017, FY2022, FY2024 ex one-offs: 100.8. Other multiples: P/B 13.8, P/S 17.6, EV/EBITDA 56.8.
How solid is the balance sheet of Vicor Corporation (VICR)?
Balance-sheet figures for Vicor Corporation (as of Nov 6, 2026): return on equity 23.5%. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is VICR from its 52-week high?
Vicor Corporation trades at $135.10, about 64% below its 52-week high of $379.78 and 62% above the low of $83.28 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $30.81 is for.
Which stocks are comparable to Vicor Corporation?
From the same area (Technology) we also value Amphenol Corporation, Corning Incorporated, Delta Electronics, Inc, Samsung Electro-Mechanics Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Vicor Corporation stock attractive at the current price?
The data as of Nov 6, 2026: price $135.10, calculated fair value $30.81 (−77%), Quality Score 70/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VICR calculated?
We run Vicor Corporation through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $30.81, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Vicor Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Vicor Corporation (VICR)?
The closing price on Nov 5, 2026 was $135.10. Our model-based fair value is $30.81, about 77% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vicor Corporation right now?
The price sits above even our optimistic bull case ($36.71). The favourable scenario is already priced in. Solid but not exceptional quality (70/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Vicor Corporation
How large is the market capitalisation of Vicor Corporation (VICR)?
The market capitalisation of Vicor Corporation is $9.8B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Vicor Corporation (VICR)?
The price-to-sales ratio of Vicor Corporation is 17.6 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vicor Corporation (VICR)?
Earnings per share at Vicor Corporation are $3.83 (price ÷ EPS = P/E 55.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Vicor Corporation (VICR)?
The net margin of Vicor Corporation is 32.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Vicor Corporation (VICR)?
The return on equity (ROE) of Vicor Corporation is 23.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Vicor Corporation (VICR)?
On an EBIT basis the return on assets of Vicor Corporation is 6.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Vicor Corporation (VICR)?
The operating margin of Vicor Corporation is 36.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vicor Corporation (VICR)?
Revenue at Vicor Corporation is growing +78.5% versus a year earlier (3y avg +0.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Vicor Corporation (VICR)?
Earnings per share at Vicor Corporation are growing +111% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Vicor Corporation (VICR) hold?
Vicor Corporation holds more cash than debt, $390M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Some data
Nov 6, 2026