Anxin securities released a research report on April 15, saying that it maintained the buying rating of Gigadevice Semiconductor (Beijing) Inc(603986) ( Gigadevice Semiconductor (Beijing) Inc(603986) .sh, latest price: 132.4 yuan). The reasons for rating mainly include: 1) product energy level improvement + diversified layout of supply chain, and the first quarter performance achieved a good start; 2) MCU continues to develop in the automotive and industrial markets, and DRAM is expected to become a new growth pole. Risk warning: the R & D Progress of new products does not meet expectations; The process switching progress is not as expected; Wafer capacity expansion did not meet expectations; MCU boom is lower than expected.
AI comments: Gigadevice Semiconductor (Beijing) Inc(603986) in the past month, it has received 10 research reports from securities companies, bought 5 and increased its holdings of 1. The average target price is 195.25 yuan, which is 62.85 yuan higher than the latest price of 132.4 yuan, and the average target price increases by 47.47%.
