What is the price target for NeoPhotonics stock?

The Optical Stocks Analyst: Ryan Koontz upgraded NeoPhotonics shares from Neutral to Buy and increased the price target from $12 to $16. At the same time, the analyst downgraded shares of Lumentum from Buy to Neutral and trimmed the price target from $105 to $97.

When does NeoPhotonics Corporation ( NPTN ) turn a profit?

NeoPhotonics (NPTN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term. When Will NeoPhotonics Corporation (NYSE:NPTN) Turn A Profit?

What kind of company is NeoPhotonics Corporation?

NeoPhotonics Corporation (NYSE: NPTN), a leading developer of silicon photonics and advanced hybrid photonic integrated circuit-based lasers, modules and subsystems for bandwidth-intensive, high speed communications networks, today announced financial results for its first quarter of 2021.

When is NeoPhotonics on track to break even?

NeoPhotonics On Track To Break Even: NeoPhotonics appears uniquely well-positioned to benefit from the upcoming transition from embedded coherent optics to pluggables, Koontz said in the upgrade note. Strong growth in non-Huawei and 400G+ revenues will likely help the company return to breakeven in the fourth quarter of 2021, the analyst said.

What was the second quarter revenue for NeoPhotonics?

NeoPhotonics’ management said second-quarter revenue will be between $59 million and $65 million. NeoPhotonics (NPTN) delivered earnings and revenue surprises of 11.76% and 1.67%, respectively, for the quarter ended March 2021.

How many Gbps does NeoPhotonics CFP-DCO coherent pluggable module?

With transmission of 400 Gbps over 1500 km, NeoPhotonics CFP-DCO Coherent Pluggable Modules Extend Use Cases to Metro, Regional and Long Haul Networks

What is the price target for NeoPhotonics stock?