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While Macquarie believes SGH will outperform its current FY25 earnings projection, analysts at the bank do not anticipate an upgrade quite yet, ahead of the company’s investor day on Wednesday.
“We do not expect much from the day itself, although there is a lot of interest in SGH’s next strategic move,” the Macquarie analysts write in a note. SGH reaffirmed its forecast for high single-digit Ebit growth in FY25 earlier this month.
Analysts believe SGH’s medium-term growth forecast and “unique exposures” are appealing. They also believe SGH is planning another acquisition. Macquarie maintains its outperform rating on SGH, with a target of A$56.10. The SGH is down 0.4% at A$52.56.
Kaynes Technologies According to Nomura analysts, India’s robust order book increases its visibility for growth. According to the analysts, the electronics manufacturer expects 60% revenue growth and a 50 basis point margin expansion in FY 2026, with order inflows from the aerospace, industrial, and automotive categories.
According to the analysts, the Indian company stands to benefit significantly from demand tailwinds in smart meters and electric car adoption in the auto sector. Its robust monthly order-win trajectory, which is performed over 1.5-2.0 years, ensures excellent growth visibility.
The firm lifts the stock’s target price to INR7,183.00 from INR6,146.00 while maintaining a buy recommendation. Shares are down 1.0% at.
The prognosis for Malaysia’s data centers may brighten after the United States withdrew its proposed “AI Diffusion Rule,” removing a major impediment to access to graphics processing units, RHB analysts write.
They anticipate renewed investment interest, particularly in Johor and Cyberjaya, with bilateral agreements likely to replace blanket prohibitions on access to sophisticated GPUs.
According to the experts, the shift might benefit Malaysia’s data-center pipeline in sectors ranging from construction to utilities. It also improves profit visibility for big businesses such as Tenaga Nasional, YTL Power, and Gamuda, pending more information on the bargaining process, they add.
While the trade war’s de-escalation has decreased market risk premiums, potential Trump-induced volatility has RHB on the defensive, with a buy-on-weakness and sell-on-strength strategy.
Nuix loses its bullishness at Jefferies due to its lowered guidance. Analyst Wei Sim downgrades his rating for the intelligence-software provider to hold from buy, telling clients in a note that he is unsure if the downgrade is attributable to broader market sentiment or the company’s talks with specific customers.
He also warns that industry input indicates that Nuix has lost market share to rival Relativity in the last year. Sim lowers his revenue predictions to reflect slower growth prospects, reducing his target price by 47% to A$2.60. Shares are down 1.5% to A$2.365.
Ero’s Bull at Citi supports the cloud-accounting software provider’s focus on revenue development. Analyst Siraj Ahmed tells clients in a note that boosting revenue rather than profits is the best way to proceed, with the Australia-listed business focusing on U.S. expansion.
Ahmed expects operational expenses as a percentage of revenue to fall to 68% in the second half of the current fiscal year, down from 71% in the first. He then anticipates a 70% increase in fiscal 2027 as Xero spends in US brand promotion. Citi raises its target price by 5% to A$210.00 and maintains a buy rating for the stock, which is up 0.4% at
Source : Wsj.com
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