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Lite-On Tech Hits Record High on AI Power Demand; Analysts See 30% Upside

Electronic Technology · Electronic Components · economic_daily · 2026-08-24

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Lite-On Technology surged to a record high as AI power supply demand and new 800VDC product rollouts drive optimism for future earnings growth.

What Happened

Stock Performance and Momentum: Lite-On Technology shares surged to a record high of NT$287, hitting the daily limit on strong buying interest. The rally reflects investor confidence in the company's role as a key supplier in the AI server power supply market.

AI Product Roadmap: The company is accelerating its 800VDC product timeline, with certification expected in Q3 and revenue contribution starting in Q4. Analysts project that AI-related revenue could account for 30% of total sales by 2026, supported by high-efficiency power units.

Earnings Growth and Client Wins: Successful entry into two new Cloud Service Provider (CSP) accounts is expected to drive significant growth. Analysts forecast a 58.5% year-over-year profit increase for this year, with EPS reaching NT$10.34 and potentially rising to NT$13.25 by 2027.

Analyst Outlook: Institutional investors remain bullish, with most maintaining 'Buy' or 'Strong Buy' ratings. With a high-end price target of NT$370 set by Yuanta Securities, the stock is estimated to have approximately 30% further upside potential from current levels.

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