Goldman Sachs has doubled Luxshare Precision's target price to 106 yuan because business such as data centers are expected to grow strongly.

Goldman Sachs has significantly raised Luxshare Precision's 12-month target price from 50.15 RMB to 106 RMB, to reflect the bank's expectations for strong growth in the data center business, expansion in the automotive electronics business, and overseas OEM customer expansion. Analysts including Verena Jeng stated in the report that they expect Luxshare Precision's revenue compound annual growth rate from 2025 to 2028 to be 22%, due to its advantages in customized materials with both performance and cost advantages. They also forecast that the CAGR of telecom and data center business during the same period will reach 67%, accounting for 19% of total revenue by 2028. Profit forecasts for Luxshare Precision in 2026/2027 have been raised by 8%/27%, mainly reflecting higher revenue, slight decrease in gross margin, and the company's growth in the component business field.