Shipment Volume Decline: SUNNY OPTICAL reported a decrease in handset lens set shipments in December 2025, with 95.592 million units shipped, reflecting an 8.9% year-over-year decline and a 20% month-over-month drop due to customer inventory control.
Vehicle Lens Set Growth: The company saw an increase in vehicle lens set shipments, totaling 7.477 million units, which is a 17.7% year-over-year rise, although it experienced a significant 40.8% month-over-month decline.
Short Selling Activity: The short selling volume for SUNNY OPTICAL reached $99.24 million, with a short selling ratio of 9.755%.
Positive Market Outlook: Citi analysts suggest that SUNNY OPTICAL's plan to spin off its vehicle-related optical business for a separate listing could serve as a positive catalyst for the company's stock price.
Wall Street analysts forecast 02382 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02382 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 02382 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 02382 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: 63.850
Low
Averages
High
Current: 63.850
Low
Averages
High
Citi
Citi
maintain
$103
2026-01-06
New
Reason
Citi
Citi
Price Target
$103
2026-01-06
New
maintain
Reason
The analyst rating for SUNNY OPTICAL (02382.HK) is a "Buy" with a target price of HKD 103. The positive outlook is primarily based on the company's plan to spin off its vehicle-related optical businesses for a separate listing on the Hong Kong main board. This segment, which includes camera lenses, camera modules, and LiDAR components, accounted for 17% of SUNNY OPTICAL's revenue in the first half of 2025. The broker anticipates that the vehicle business will experience structural double-digit growth due to the increasing adoption of Advanced Driver Assistance Systems (ADAS) and specification upgrades. The separate listing is expected to provide a clearer market valuation for this segment while allowing SUNNY OPTICAL to retain its controlling stake, which is viewed as a positive catalyst for the stock price.
BofA Securities
BofA Securities
maintain
$104
2026-01-06
New
Reason
BofA Securities
BofA Securities
Price Target
$104
2026-01-06
New
maintain
Reason
The analyst rating from BofA Securities for SUNNY OPTICAL is maintained at "Buy" due to the anticipated acceleration in the expansion of the company's auto-related optic business following the proposed spin-off. The broker estimates that this segment will generate RMB7.4 billion in revenue by 2025, representing 22% of the company's total revenue, supported by increased domestic and international customer orders for products like camera modules. The target price set by BofA Securities is $104.
Haitong International
Haitong International
Outperform
maintain
2025-08-27
Reason
Haitong International
Haitong International
Price Target
2025-08-27
maintain
Outperform
Reason
The analyst rating for SUNNY OPTICAL (02382.HK) was reiterated as "Outperform" due to several positive factors highlighted in the research report. The company delivered a revenue of RMB19.7 billion in 1H25, which was in line with street consensus, and net profit attributable to shareholders increased by 52.6% year-over-year to RMB1.65 billion, driven by margin expansion in handset lens sets and an improved product mix. Additionally, the broker expects stable handset shipments and significant increases in lens/module average selling prices (ASP) in the coming years, leading to a raised target price from HKD72.1 to HKD90.53.
Haitong International
Haitong International
maintain
2025-08-27
Reason
Haitong International
Haitong International
Price Target
2025-08-27
maintain
Reason
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.
