Fositek's 2026-2027 Outlook Appears Positive

Dow Jones
08/05

0623 GMT - Fositek's 2026-2027 outlook appears positive, based on its investor meeting, Daiwa Capital Markets analysts say in a research report. The Taiwanese company will likely benefit from the artificial-intelligence server trend with a rise in its liquid-cooling penetration rate and growing server revenue over 2026-2028, the analysts say. The hinge manufacturer's revenue should grow 40.9% in 2026 and 41.7% in 2027, the analysts estimate. The brokerage raises the stock's target price to 2.615.00 New Taiwan dollars from 2,600.00 New Taiwan dollars with an unchanged buy rating. Shares closed 0.6% higher at 1,600.00 new Taiwan dollars.

 

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