CoinScoopGoldman Sachs Initiates Coverage on Zhongji Innolight with Buy Rating
Goldman Sachs has initiated coverage on Zhongji Innolight (03308.HK) with a buy rating and a target price of 3,267 HKD. The firm projects a 78% compound annual growth rate in revenue from 2026 to 2028, driven by silicon photonics (SiPh) module shipments and market expansion. Goldman Sachs expects the company's net profit to exceed market consensus by 25% in 2026 and 42% in 2027, with gross margins improving to 50% by 2028.
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