AAC Tech (2018 HK) - Beneficiary of Edge AI Upgrade Cycle; Raise TP to HK$58.78

328 Views21 Mar 2025 21:07
Broker
Our new SOTP-based TP of HK$58.78 implies 25.2x FY25E P/E. Reiterate BUY. Nearterm catalysts include AI glasses/phone upgrade, auto client wins and GPM expansion.
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  • Introduction
  • 2H24 Financial Performance
  • 2025 Outlook and Strategic Position
  • Earnings Summary and Estimates
  • Conclusion and Target Price
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  • AAC Tech (2018 HK) - Beneficiary of Edge AI Upgrade Cycle; Raise TP to HK$58.78
    21 Mar 2025
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