Foryou Likely to Post Solid 4Q Results -- Market Talk

Dow Jones10-28

0446 GMT - Foryou is likely to post solid 4Q results, thanks to rushed orders from customers, Nomura analysts write in a note. The Chinese automotive-electronics supplier's 3Q revenue rose 31% on year, likely due to the seasonality of auto sales and development of smart vehicles, they say. Given the auto market's intellectualization trend, market demand for the technology is expected to keep growing in the next few years and active players, including Foryou, are expected to benefit from the trend, they say. Nomura maintains a buy rating and target price of CNY42.00 on the stock, which is last 2.6% higher at CNY31.38.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

October 28, 2025 00:46 ET (04:46 GMT)

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