According to Citi, on June 26, the bank raised its target price for Kioxia Holdings shares from 73,000 yen to 140,000 yen and maintained a "Buy" rating with a high-risk classification, citing strong demand for enterprise SSDs and continued tightness in NAND memory supply. Citi estimates that Kioxia's stock has a total return of approximately 35% from its closing price of 103,850 yen on June 25. The bank expects the NAND memory market shortage to persist until 2027, driven by strong demand from servers and data centers. Citi forecasts that Kioxia's operating profit margin for the fiscal year will...

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned