Goldman Sachs lifts Largan Precision stock target to TWD 11,000

Published on 10/19/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs lifted its target from TWD 6,263 to TWD 11,000 on October 12, 2026. Largan Precision stock posted 42.21 percent gross margin in Q3 2026.

Targets, margins and market level

Goldman Sachs raised its Largan Precision target on October 12, 2026.
Third-quarter revenue fell 11.47 percent to TWD 15.65 billion, while gross margin reached 42.21 percent.
Largan Precision had a TWD 816.8 billion market capitalization as of October 19, 2026.

Largan Precision, TW0003008009, Illustration mit AI erstellt.

Largan Precision (ISIN TW0003008009) became the subject of a sharply higher valuation target after TOPONE Markets reported on October 12, 2026, that Goldman Sachs raised its target from TWD 6,263 to TWD 11,000. The upgrade contrasts with weaker recent smartphone-lens profitability and shifts attention toward fiber-array products.

Goldman sees optical growth

The Goldman Sachs target increase was tied to Largan's expansion into copackaged optics and fiber-array units. The report said the company was extending precision manufacturing capabilities from smartphone lenses toward artificial-intelligence data-center equipment, while maintaining a Buy rating.

Taipei Times reported on October 9, 2026, that Largan's third-quarter gross margin fell to 42.21 percent from 49.41 percent in the second quarter and 47.24 percent a year earlier. The company attributed the decline to lower yields on new smartphone lens products and higher green-energy costs.

What do the results mean?

The pressure was visible in the July-to-September figures. According to Quartr, third-quarter revenue fell 11.00 percent year over year to TWD 15.65 billion, while nine-month revenue rose 2.00 percent to TWD 44.86 billion. That combination leaves the investment case dependent on whether new optical businesses can offset weaker margins in the core lens operation.

Three dated developments

On October 6, 2026, Nomura raised its target from TWD 6,000 to TWD 8,300 while maintaining a Buy rating, according to Stockgod. On October 8, 2026, Largan reported third-quarter revenue of TWD 15.65 billion and gross margin of 42.21 percent, according to Quartr. On October 12, 2026, Goldman Sachs raised its target to TWD 11,000, as reported by TOPONE Markets.

Dates for the new business

Taipei Times reported that sample deliveries for fiber-array products were planned for October 2026, with volume shipments targeted for the second half of 2027. The same report said construction for related expansion was expected to begin in 2027 and finish by 2030.

Stock valuation stays elevated

On the Taiwan Stock Exchange, Largan Precision last closed at TWD 6,400.00 on October 16, 2026. The finance profile showed a TWD 816.8 billion market capitalization and a TWD 2,020.00 to TWD 7,995.00 52-week range as of October 19, 2026, keeping the valuation discussion focused on execution rather than the target increase alone.