Kioxia's stock price halves but remains bullish, with analysts' target price 130% higher than the current price

格隆汇2026/07/21 00:49

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Glonghui, July 21 | Despite a sustained, significant share price correction, analysts remain bullish on Japanese memory chip maker Kioxia, believing that as supply-demand conditions improve, the company's stock price is set to rebound. Currently, analysts' average target price for Kioxia is 121,959 yen, which is 130% higher than the current share price. Kioxia's share price fell to 52,110 yen last Friday, less than half of the historical high reached less than a month ago. Kazuyoshi Saito, senior analyst at Iwai Cosmo Securities, stated: "The fundamentals have not changed at all. Supported by strong AI demand, the company's solid profitability and growth outlook remain robust." His target price is 132,000 yen. He added: "Once supply-demand distortions caused by factors such as Korean ETFs ease, positive catalysts such as strong financial results will drive share prices higher."

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华尔街见闻•2026/11/11 17:31