BlockBeats says that Goldman Sachs maintained a “Buy” rating on ChangXin Technology and raised its 12-month target price to 130 yuan, citing its stated Q3 revenue guidance and G5 DRAM mass-production plan. The relevant research report and company disclosures were not provided with the coverage.
According to PANews, ChangXin Technology expects 2026 revenue for the first three quarters of the year to be 265000000000 yuan to 270000000000 yuan, and net profit to be 131000000000 yuan to 132500000000 yuan, compared with a loss of 5280000000 yuan in the same period last year. The company said that AI demand for computing power and DRAM improved industry conditions have driven products into short supply and pushed up prices.
