The Zhitong Finance App learned that Goldman Sachs released a research report stating that while maintaining the “neutral” rating of Changfei Optical Fiber Cable (06869.HK), the target price increased slightly from HK$290 to HK$292. The bank maintains a positive view on Changfei Optical Cable's product portfolio upgrade from the telecommunications market to the AI data center market, and the expansion to polarized optical fiber to seize opportunities for co-packaged optical/next-generation network processors. Due to the next quarter's results, the bank raised its 2026-2028 profit forecast by 44%, 36% and 12%, mainly reflecting an increase in revenue and gross profit forecasts.

The Zhitong Finance App learned that Goldman Sachs released a research report stating that while maintaining the “neutral” rating of Changfei Optical Fiber Cable (06869.HK), the target price increased slightly from HK$290 to HK$292. The bank maintains a positive view on Changfei Optical Cable's product portfolio upgrade from the telecommunications market to the AI data center market, and the expansion to polarized optical fiber to seize opportunities for co-packaged optical/next-generation network processors. Due to the next quarter's results, the bank raised its 2026-2028 profit forecast by 44%, 36% and 12%, mainly reflecting an increase in revenue and gross profit forecasts.