Home: Motoring > Goldman Sachs Raises Luxshare Precision Target Price to RMB 106, Citing Data Center and Automotive Electronics Growth

Goldman Sachs Raises Luxshare Precision Target Price to RMB 106, Citing Data Center and Automotive Electronics Growth

From:Internet Info Agency 2026-06-24 10:00:04

Goldman Sachs has raised Luxshare Precision Industry's 12-month target price from RMB 50.15 to RMB 106, citing expectations of strong growth in the company's data center business, expansion into automotive electronics, and increased penetration among overseas OEM customers. Analysts project that Luxshare will achieve a compound annual revenue growth rate of 22% between 2025 and 2028, primarily driven by its competitive advantages in customized materials that offer both performance and cost efficiency.

Editor:NewsAssistant