MONTAGE TECH's stock price soared 6.55% during intraday trading on Monday, reflecting strong investor confidence in the company's growth trajectory.
The significant price movement follows a major upgrade from Goldman Sachs, which raised its H-share target price for Montage Technology by approximately 67% to HK$510 while maintaining a Buy rating. The investment bank cited the company's favorable position in the AI server-driven high-growth cycle, projecting 38% compound net profit growth from 2026 to 2028.
Montage Technology's strong financial performance further supports the bullish sentiment, with the company reporting 2025 full-year revenue of RMB 54.56 billion and net profit of RMB 22.36 billion, representing a 58.35% year-over-year increase. The company's newer-generation RCD chips and interconnect products, including MRCD/MDB, PCIe Retimer, CKD, and CXL MXC chips, have shown significant revenue growth, with several products still in early-stage deployment phases.
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