Bond.az – TDK stock slid 2.4% to ¥3,627 pressured by a high-conviction downgrade from CLSA to 'High-Conviction Underperform'. The target price was raised to ¥2,300 from ¥1,600.
The average 12-month consensus target stands at ¥2,911.8, with a high of ¥3,550 and a low of ¥1,900. CLSA's new target is the most bearish.
TDK's FY2026 earnings on April 28 showed revenue beat by 6% but EPS significantly missed estimates, indicating margin compression.
14 analysts rate the stock Buy, only 1 Sell. CLSA's bearish call is an outlier.
In passive components (25% of sales), TDK plans to boost MLCCs, aluminum electrolytic capacitors and inductors for AI data centers.
TDK is building a production site outside China for rechargeable batteries. All financial targets for FY2027 are on track.
Goldman Sachs says rechargeable batteries and HDD products exceed targets, while passive components lag due to slow EV business. Resources shift to AI.
The downgrade came as TDK hit a 52-week high, triggering profit-taking and fresh bearish sentiment. The stock has 19.7% downside to consensus fair value.
This article was generated with AI support.
