27 lagging tech stocks post strong Q3 earnings growth; some companies plan large-scale buybacks.

The continued explosive growth of the AI application sector has driven a rebound in technology stocks, the fundamentals of the domestic technology industry are improving, and listed companies' third-quarter results are impressive. Institutions believe that the market's downside is limited, and the current core focus for positioning can be on technology targets that have delivered third-quarter earnings, are at low valuations, and have been repurchased in large amounts by listed companies using their own funds. According to statistics from Securities TimesDataBao, among stocks rated by five or more institutions, 27 technology stocks have fallen more than 30% since July, and their non-recurring net profit attributable to parent companies in the third quarter of this year increased by more than 50% year-on-year and quarter-on-quarter. In terms of year-on-year growth, the third-quarter non-recurring net profit attributable to parent companies of stocks such as Jiayuan Technology, YOFC, International Composites, Shenling Environment, and Defu Technology all increased by more than 10 times; in terms of quarter-on-quarter growth, the third-quarter non-recurring net profit attributable to parent companies of stocks such as Muxi Shares-U, Tianyue Advanced, and Xinlian Integration-U all increased by more than 3 times. It is worth noting that among the above 27 companies, some plan large-scale repurchases. Company repurchases imply optimism about future development and also indicate that the current stock price may be undervalued. Among the above companies undertaking large-scale repurchases, the consensus institutional forecasts for the 2027 price-to-earnings ratios of stocks such as Wus Printed Circuit, Shengyi Technology, and Sanhuan Group are all below 20 times.