Goldman Sachs raised its target for Largan Precision stock to TWD 11,000

Published on 10/16/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs raised its target from TWD 6,263 to TWD 11,000 on October 12, 2026. Largan Precision stock last at TWD 6,400.00 on October 16, 2026.

Optics growth meets margin pressure

Goldman Sachs raised its target from TWD 6,263 to TWD 11,000 on October 12, 2026.
Third-quarter revenue fell 11.47 percent year over year to TWD 15.65 billion, while gross margin reached 42.21 percent.
Largan Precision had a TWD 837.1 billion market capitalization on October 16, 2026.

Largan Precision, TW0003008009, Illustration mit AI erstellt.

Largan Precision (ISIN TW0003008009) became the subject of a higher Goldman Sachs valuation after the bank lifted its target from TWD 6,263 to TWD 11,000 on October 12, 2026, according to TechNews. The upgrade followed Largan's move into fiber array units for artificial intelligence data centers, even as smartphone optics pressured its latest quarter.

Goldman targets an optics pivot

Goldman Sachs and Citi reaffirmed Buy ratings in the October 12 report, while Goldman Sachs highlighted Largan's fiber array unit opportunity. The report said fiber array units could contribute 3 percent of revenue in 2027 and more than 50 percent by 2030, linking the target increase to a potential shift beyond smartphone lenses.

The near-term counterweight is visible in the third-quarter numbers. Largan's revenue fell 11.47 percent year over year to TWD 15.65 billion, while net profit declined 27.65 percent to TWD 5.18 billion, according to Taipei Times.

Three dates define the reset

On October 8, 2026, third-quarter revenue was TWD 15.65 billion and nine-month revenue reached TWD 44.86 billion, according to Quartr. On October 9, 2026, gross margin was 42.21 percent, down from 49.41 percent in the previous quarter and 47.24 percent a year earlier, as lower yields and higher green energy costs weighed on profitability, Taipei Times reported. On October 12, 2026, Goldman Sachs raised its target to TWD 11,000 as analysts focused on fiber array units.

What does the margin mean?

The 7.20 percentage point decline from the second-quarter gross margin shows why the fiber optics expansion matters to the investment case. Largan said its first fiber array unit production line should be ready by mid-2027, with volume shipments planned for the second half of 2027, while capital spending reached TWD 8.18 billion in the third quarter, Taipei Times reported.

Taiwan quote sets the market marker

Largan Precision last traded at TWD 6,400.00 on the Taiwan Stock Exchange on October 16, 2026 at 1:30 p.m. TST. Its market capitalization was TWD 837.1 billion on that date, with a 52-week range of TWD 2,020.00 to TWD 7,995.00.