Stock Performance: Apple concept stocks saw significant gains on December 1, with LENS rising 4.9%, SUNNY OPTICAL increasing by 5.8%, and AAC TECH up by 2.8%, indicating strong market interest.
Short Selling Data: The short selling ratios for these stocks were notable, with LENS at 12.093%, SUNNY OPTICAL at 13.271%, and AAC TECH at 12.019%, reflecting investor caution.
iPhone Fold Development: Reports indicate that Apple's first foldable smartphone, the iPhone Fold, has entered the engineering verification and pre-mass production phase, with a launch expected before the end of 2026.
Supply Chain Insights: Samsung is anticipated to be the sole supplier of display panels for the iPhone Fold, while TSMC will manufacture core processors, and other components will be sourced from various suppliers.
Wall Street analysts forecast 02018 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02018 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 02018 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02018 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 38.420
Low
Averages
High
Current: 38.420
Low
Averages
High
Citi
Citi Research
initiated
$56
2025-11-19
Reason
Citi
Citi Research
Price Target
$56
AI Analysis
2025-11-19
initiated
Reason
The analyst rating for AAC TECH (02018.HK) was upgraded to "Buy" by Citi Research due to the company's agreement to acquire Dispelix Oy, an AR diffractive waveguide technology company. The report highlighted that this acquisition is expected to enhance AAC TECH's product mix and solution capabilities in the extended reality (XR) field. This strategic move aims to transition the company from primarily serving domestic AR glasses customers to capturing future global opportunities in AI and AR glasses development. Consequently, Citi Research set a target price of $56 for the stock.
Goldman Sachs
Goldman Sachs
maintain
2025-11-17
Reason
Goldman Sachs
Goldman Sachs
Price Target
2025-11-17
maintain
Reason
Goldman Sachs has a more optimistic view on AAC TECH (02018.HK) due to the introduction of new components, specifically vapor chambers, and a promising outlook for the iPhone. The broker raised its earnings estimations for 2025-2027 by 1%, 4%, and 6% respectively, primarily reflecting increased revenue forecasts from vapor chambers as they are adopted in more phone models and as phone specifications improve. Additionally, Goldman Sachs noted an improved product mix, better production yield, and benefits from scale production, which contribute to a positive outlook on profit margin expansion. Consequently, the target price was increased from $63.6 to $68.6, maintaining a Buy rating.
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HTSC
Buy
downgrade
2025-08-27
Reason
HTSC
Price Target
2025-08-27
downgrade
Buy
Reason
HSBC Global Research
HSBC Global Research
Buy
to
Buy
downgrade
$56
2025-08-25
Reason
HSBC Global Research
HSBC Global Research
Price Target
$56
2025-08-25
downgrade
Buy
to
Buy
Reason
The analyst rating from HSBC Global Research for AAC TECH (02018.HK) is a Buy, despite cutting the target price from HKD59.9 to HKD56. The reasoning behind this rating is that while the company's recurring net profit fell short of market expectations due to lower-than-expected gross margins in the acoustics and sensor segments, its revenue growth of 18% year-over-year to RMB13.3 billion met expectations. Additionally, the optics business demonstrated strong growth with a 20% year-over-year revenue increase and improved gross margins, indicating positive momentum in that segment.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
