Analyst Price Targets — HNHPF
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| June 2, 2026 9:32 am | — | Barclays | $22.00 | $19.22 | TheFly | Hon Hai Precision price target raised to $22 from $21 at Barclays |
Latest News for HNHPF
Taiwan's Foxconn , the world's largest contract electronics maker and Nvidia's biggest server maker, reported on Sunday a jump of 39.8% in second-quarter revenue year on year, fuelled by strong AI-related demand.
The collaboration seeks to help customers build and operate AI infrastructure with greater speed and efficiency, Schneider Electric said.
Schneider Electric said on Monday it had entered a strategic collaboration with Taiwan's Hon Hai Technology Group , known internationally as Foxconn, to develop and scale infrastructure for next-generation artificial intelligence data centres.
I retain a 'Buy' rating for Hon Hai Precision after considering its positive outlook across different time horizons. HNHPF's 40% revenue surge in May implies that a 2Q2026 beat is on the cards. The consensus's FY25-28 EPS CAGR estimate of +23% for Hon Hai is realistic, considering emerging Sovereign AI opportunities and the growing penetration of ASIC servers.
Taiwan's Foxconn said on Friday that its second-quarter performance is likely to be well above its previously anticipated forecast of "significant" growth.
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