Despite a notable downgrade in consensus revenue growth forecasts and a sharp increase in the forward P/E ratio, the consensus analyst price target for Hua Hong Semiconductor has been raised from HK$34.95 to HK$36.96.
What's in the News
- Board meeting scheduled to approve second quarter unaudited financial results and address other matters.
Valuation Changes
Summary of Valuation Changes for Hua Hong Semiconductor
- The Consensus Analyst Price Target has risen from HK$34.95 to HK$36.96.
- The Future P/E for Hua Hong Semiconductor has significantly risen from 36.52x to 297.34x.
- The Consensus Revenue Growth forecasts for Hua Hong Semiconductor has fallen from 16.7% per annum to 15.5% per annum.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.