CLSA Lifts Lens Technology Target Price to HK$30.7, Reaffirms Outperform Rating

Stock News

Yesterday

CLSA has issued a research report indicating that Lens Technology Co.,Ltd. (06613) posted a 2% year-on-year increase in profit for the second quarter of 2026, reaching RMB 726 million. The company believes that the development and launch of new products for its major clients are progressing smoothly.

The server racks and liquid cooling equipment at its Songshan Lake facility are currently undergoing customer review. The ramp-up of its automotive glass products remains on schedule, and the gross margin for the automotive business is expected to recover as the Mexican plant ceases operations.

Due to lower revenue from the Android smartphone business, the report has revised down earnings forecasts for Lens Technology Co.,Ltd. for 2026/2027/2028 by 12%/7%/6% to RMB 4.2 billion, RMB 6.2 billion, and RMB 7.8 billion, respectively. As new growth drivers contribute more, the target price has been raised from HK$24 to HK$30.7, while maintaining an "Outperform" rating.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://au.tigermarketb.com/news/1104478828"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1104478828\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1104478828?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-26 14:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104478828","market":"other","top_or_hot":-1,"title":"CLSA Lifts Lens Technology Target Price to HK$30.7, Reaffirms Outperform Rating","media":"Stock News","content":"<p>CLSA has issued a research report indicating that <b>Lens Technology Co.,Ltd.</b> (06613) posted a 2% year-on-year increase in profit for the second quarter of 2026, reaching RMB 726 million. The company believes that the development and launch of new products for its major clients are progressing smoothly.<br><br>The server racks and liquid cooling equipment at its Songshan Lake facility are currently undergoing customer review. The ramp-up of its automotive glass products remains on schedule, and the gross margin for the automotive business is expected to recover as the Mexican plant ceases operations.<br><br>Due to lower revenue from the Android smartphone business, the report has revised down earnings forecasts for <b>Lens Technology Co.,Ltd.</b> for 2026/2027/2028 by 12%/7%/6% to RMB 4.2 billion, RMB 6.2 billion, and RMB 7.8 billion, respectively. As new growth drivers contribute more, the target price has been raised from HK$24 to HK$30.7, while maintaining an \"Outperform\" rating.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CLSA Lifts Lens Technology Target Price to HK$30.7, Reaffirms Outperform Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCLSA Lifts Lens Technology Target Price to HK$30.7, Reaffirms Outperform Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-08-26 14:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CLSA has issued a research report indicating that <b>Lens Technology Co.,Ltd.</b> (06613) posted a 2% year-on-year increase in profit for the second quarter of 2026, reaching RMB 726 million. The company believes that the development and launch of new products for its major clients are progressing smoothly.<br><br>The server racks and liquid cooling equipment at its Songshan Lake facility are currently undergoing customer review. The ramp-up of its automotive glass products remains on schedule, and the gross margin for the automotive business is expected to recover as the Mexican plant ceases operations.<br><br>Due to lower revenue from the Android smartphone business, the report has revised down earnings forecasts for <b>Lens Technology Co.,Ltd.</b> for 2026/2027/2028 by 12%/7%/6% to RMB 4.2 billion, RMB 6.2 billion, and RMB 7.8 billion, respectively. As new growth drivers contribute more, the target price has been raised from HK$24 to HK$30.7, while maintaining an \"Outperform\" rating.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0064","symbol_name":"蓝宝石","start_time":0,"source_url":"","article_id":"1104478828","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104478828","pubTimestamp":1787726654,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"CLSA has issued a research report indicating that Lens Technology Co.,Ltd. (06613) posted a 2% year-on-year increase in profit for the second quarter of 2026, reaching RMB 726 million. The company...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"300433":"蓝思科技","BK0064":"蓝宝石","06613":"蓝思科技","BK0214":"IT设备","BK1170":"电子元件","BK0028":"国家队","BK0072":"苹果","LU1934453819.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"A\" (USD) ACC","LU1979443071.USD":"AB CHINA A SHARES EQUITY PORTFOLIO \"AD\" (USDHDG) INC","BK0201":"可转债","SGXZ81163826.USD":"UNITED CHINA A-SHARES INNOVATION \"A\" (USD) ACC","BK0076":"特斯拉","EWH":"香港ETF-iShares MSCI","BK0196":"行业龙头","SGXZ49509284.SGD":"United China A Shares Innovation A Acc SGD"},"translate_title":"里昂证券将 Lens Technology 目标价上调至 30.7 港元，重申跑赢大盘评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"300433":1,"EWH":1,"06613":1},"content_text":"CLSA has issued a research report indicating that Lens Technology Co.,Ltd. (06613) posted a 2% year-on-year increase in profit for the second quarter of 2026, reaching RMB 726 million. The company believes that the development and launch of new products for its major clients are progressing smoothly.The server racks and liquid cooling equipment at its Songshan Lake facility are currently undergoing customer review. The ramp-up of its automotive glass products remains on schedule, and the gross margin for the automotive business is expected to recover as the Mexican plant ceases operations.Due to lower revenue from the Android smartphone business, the report has revised down earnings forecasts for Lens Technology Co.,Ltd. for 2026/2027/2028 by 12%/7%/6% to RMB 4.2 billion, RMB 6.2 billion, and RMB 7.8 billion, respectively. As new growth drivers contribute more, the target price has been raised from HK$24 to HK$30.7, while maintaining an \"Outperform\" rating.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}