On Thursday at 11:13 AM (Bangkok time), the share price of Hana Microelectronics Public Company Limited (SET: HANA) rose by 2.72% or THB 1.25 to THB 47.25, with a trading value of THB 230.56 million.
Finansia Syrus Securities (FSS) expects HANA to benefit from positive market sentiment following Nvidia’s stronger-than-expected earnings results and guidance.
According to the brokerage, HANA’s business outlook continues to recover steadily. Artificial intelligence-related revenue from two major customers is expected to begin being recognized in the third quarter of 2026 and accelerate in the fourth quarter, before contributing for a full year in 2027.
Finansia also expects HANA’s Ohio plant to turn profitable in the fourth quarter of 2026, while its PMS business in South Korea has the potential to show a clearer recovery next year.
For 3Q26, the brokerage forecasts HANA’s profit to grow both quarter-on-quarter and year-on-year, with further acceleration expected in the fourth quarter. Net profit growth is anticipated at 79% year-on-year in 2026 and 73% year-on-year in 2027.
As a result, Finansia maintains a ‘Buy’ recommendation on HANA, with a target price of THB 53.00 per share.
