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The latest update is out from HUBER+SUHNER AG ( (CH:HUBN) ).
HUBER+SUHNER AG has secured a significant order for its POLATIS® Optical Circuit Switches from a major global data center operator, marking a milestone in its strategic growth initiative in the data center sector. This agreement is expected to generate substantial revenue over the next three years, driven by the rising demand for efficient data processing solutions in AI and cloud computing environments. The company’s recent expansion with a new production site in Poland underscores its commitment to meeting the increasing demand for OCS solutions, which offer cost-effective and energy-efficient data transfer capabilities.
The most recent analyst rating on (CH:HUBN) stock is a Buy with a CHF100.00 price target. To see the full list of analyst forecasts on HUBER+SUHNER AG stock, see the CH:HUBN Stock Forecast page.
More about HUBER+SUHNER AG
HUBER+SUHNER AG operates in the telecommunications industry, specializing in the development and production of optical and electrical connectivity solutions. The company focuses on providing innovative products such as Optical Circuit Switches (OCS) for data centers, which are essential for the efficient operation of hyperscale data infrastructures.
Average Trading Volume: 37,031
Technical Sentiment Signal: Buy
Current Market Cap: CHF1.69B
See more insights into HUBN stock on TipRanks’ Stock Analysis page.