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The latest announcement is out from Socionext Inc. ( (JP:6526) ).
Socionext Inc. has revised its financial forecasts for the fiscal year ending March 2026, anticipating an increase in net sales due to strong demand for a newly mass-produced product and a weaker Japanese yen. However, despite the rise in sales, the company expects a decrease in operating income and profit attributable to owners due to changes in product mix and increased advance development costs, impacting gross margins.
The most recent analyst rating on (JP:6526) stock is a Hold with a Yen3116.00 price target. To see the full list of analyst forecasts on Socionext Inc. stock, see the JP:6526 Stock Forecast page.
More about Socionext Inc.
Socionext Inc. operates in the semiconductor industry, focusing on the development and production of system-on-chip (SoC) solutions. The company is known for its innovative products that cater to various market needs, including consumer electronics and automotive applications.
Average Trading Volume: 17,420,945
Technical Sentiment Signal: Buy
Current Market Cap: Yen538.2B
See more data about 6526 stock on TipRanks’ Stock Analysis page.