Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>DBS Hikes AAC TECH's TP to $61; AI Applications Boost Profits
Recommend 11 Positive 18 Negative 7 |
||||
|
||||
|
The enthusiasm for AI and humanoid robots in China is pushing up demand for acoustic sensors and precision components, while the rapid adoption of AI smartphones will continue heightening the penetration rate and GPM of microphones, DBS Group Research opined in its report. DBS Group Research lifted its 2025-26 earnings forecasts for AAC TECH (02018.HK) by 10%/ 23%, mainly reflecting an upward adjustment in the forecasts for the GPM during the period by 0.4 ppts/ 1 ppt, as well as an expected CAGR of 31% in 2024-26 earnings. DBS Group Research elevated its target price for AAC TECH from $56 to $61 and kept the Buy rating unchanged. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
