Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Micronics Japan Co., Ltd. ( (JP:6871) ) just unveiled an update.
Micronics Japan Co., Ltd. has revised its earnings forecasts for 2025, citing delays in product shipments due to equipment malfunctions at a factory. Despite this, the company anticipates increased revenue and operating profit for the year, supported by the growing demand in the memory semiconductor market. Additionally, the company plans to increase its year-end dividend to 72 yen per share, reflecting its commitment to returning profits to shareholders.
The most recent analyst rating on (JP:6871) stock is a Buy with a Yen6000.00 price target. To see the full list of analyst forecasts on Micronics Japan Co., Ltd. stock, see the JP:6871 Stock Forecast page.
More about Micronics Japan Co., Ltd.
Micronics Japan Co., Ltd. operates in the semiconductor industry, focusing on the production of memory probe cards and related equipment. The company is positioned in the market for memory semiconductors, which are experiencing growth driven by advancements in generative AI technologies.
Average Trading Volume: 1,258,403
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen204B
See more insights into 6871 stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money