American foreign investors raised the new target price to 793 yuan, and the stock price exceeded the 500 yuan mark
Quick Look
- American securities firms raised the target price of the new stock (2455) from 505 yuan to 793 yuan.
- The stock price has stabilized above 500 yuan since September and opened higher today at 531 yuan.
- The report raises the forecast for global optical transceiver modules, 800G+, and 1.6T+ shipments from 2026 to 2028, and raises the new EPS estimates for this year, next year, and the year after that to 6.84 yuan, 11.4 yuan, and 17.7 yuan.
AI-generated summary
Why It Matters
Brand new is a Taiwanese gallium arsenide manufacturer. Its main products are optical transceiver modules, which are widely used in data centers and 5G communications. In recent years, demand for AI servers has driven the growth of the optical module market, which has benefited from improved supply of InP substrates and increased customer penetration.
American foreign investors bid 793 yuan, and the new stock price exceeded the 500 yuan mark. (Taken from the official website)
[Reporter Zhang Huiwen/Reported in Taipei] The latest report from a U.S. securities company raised the target price of the gallium arsenide plant’s brand new (2455) from 505 yuan to 793 yuan. The share price of the brand has soared recently. , has never looked back, and has stood at the 500 yuan mark since September. It opened higher today. As of 9:23, the stock price rose by 31 yuan, temporarily trading at 531 yuan, with a trading volume of 1,168 contracts.
Foreign investment reports have upwardly revised global optical transceiver module shipments from 2026 to 2028, by 21%, 31%, and 31% respectively. The 800G+ shipment estimates have been raised by 31%, 39%, and 36% respectively, and the 1.6T+ shipment estimates have been raised by 29%, 61%, and 50% respectively.
Please read on...
The report stated that the new revenue in August reached 471 million yuan, an annual increase of 71.16%, which was significantly better than expected, reflecting strong demand for optical communication networks in AI data centers, improved supply of InP (indium phosphide) substrates, and continued improvement in customer penetration. Brokerages predict that the new third-quarter and fourth-quarter revenue will increase by 44% and 23% respectively, and the after-tax earnings per share (EPS) for this year, next year, and the year after will be revised upward to 6.84 yuan, 11.4 yuan, and 17.7 yuan respectively, and the target price will be simultaneously raised to 793 yuan.
Observing the dynamics of the three major legal persons, since September, foreign investors have bought more than 6,168 new shares, investment trusts have bought more than 2,588 new shares, and self-operated traders have sold more than 798 shares. Legal person analysis shows that the foreign investment has been surprisingly strong. However, the share price of new shares has risen sharply in recent days. Although the fundamentals continue to be promising, investors should buy black rather than red when entering the market, and be careful to chase the high and hold on.
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What to Watch
AI outlook — possibilities, not facts
Brand-new stock price is expected to continue to rise in the short term, challenging the target price of 793 yuan set by foreign investors
Likely · Within weeks
If the stock price quickly approaches 793 yuan, there may be profit-taking pressure, leading to a short-term retracement.
Possible · Within weeks
Open Questions
- Does Brand New have sufficient production capacity to cope with the increased shipment estimates?
- What are the specific valuation models and assumptions used by U.S. securities firms to raise their target prices?
- Will the over-buying power of foreign investors continue, or will there be profit-taking after the stock price rises further?
