Haitong International Elevates Sunny Optical Technology Rating to 'Outperform' with Target Price Hiked to HK$72.1
2025-05-12 / Read about 0 minute
Author:小编   

On May 12, Haitong International upgraded Sunny Optical Technology (02382.HK)'s rating to 'Outperform', raising its target price to HK$72.1. Furthermore, the firm revised upwards its profit forecasts for 2025 and 2026 to RMB 3.34 billion and RMB 4.11 billion, respectively. Haitong International highlighted that Sunny Optical Technology is benefiting from reduced competitive pressure and an improved product mix, both of which have contributed to an increase in its average selling price and gross margin. Beyond its core business in smartphone optics, the accelerated adoption of global Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD) technologies presents significant growth potential for Sunny Optical, given its leadership in the AR/XR lens and automotive camera system segments.