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GSEO Shares Surge as UBS Highlights CPO Potential and Lens Business Resilience
Electronic Technology · Electronic Components · economic_daily · 2026-10-15
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GSEO shares defied the broader market slump, rallying after UBS raised its target price, citing the company's strategic entry into CPO components and strong lens performance.
What Happened
CPO Growth Prospects: UBS highlighted GSEO's strategic entry into the CPO (Co-Packaged Optics) supply chain, specifically through high-precision prisms and connectors. The firm expects these components to become a significant revenue driver starting in the second half of 2027.
Core Business Strength: In the mobile lens segment, UBS noted that GSEO has demonstrated superior performance compared to competitors like Largan Precision, driven by increased market share in periscope lenses. The company remains a key supplier for high-end iPhone specifications despite ongoing pricing pressures.
Earnings Forecast Upgrade: Driven by resilient core operations and the long-term upside of its CPO business, UBS raised its EPS forecasts for 2027-2028. The firm set a target price of NT$1,250 and maintained a "Buy" rating, reflecting confidence in the company's earnings trajectory.
Market Performance: Amid a broader market sell-off, GSEO shares stood out as a top performer, closing up 4.7% at NT$1,115. The stock's resilience was fueled by positive analyst sentiment and investor interest in its technological diversification.
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