iM Securities sharply raises target prices for Doosan and Samsung SDS — AI data center orders reflected
iM Securities has raised its target prices for Doosan and Samsung SDS. It lifted Doosan’s target price on expectations of increased demand for high-performance copper-clad laminates, and raised Samsung SDS’s target price based on infrastructure orders.
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iM Securities announced that it had raised its target prices for Doosan and Samsung SDS on 7 month 6 day. The brokerage cited AI data center-related orders and expanding demand for components as the reasons for the increases.
Doosan’s target price was changed from the previous 120 ten-thousand won to 200 ten-thousand won. iM Securities wrote that a sharp increase in demand for high-performance copper-clad laminates is expected to drive sales growth at Doosan.
Samsung SDS’s target price was raised from the previous 22 ten-thousand won to 27 ten-thousand won. The report said that it assessed Samsung SDS positively for expanding its infrastructure orders.
The report forecast2031year revenue at6.6trillion won based on Samsung SDS’s infrastructure orders. This figure is identified as an estimate reflecting the long-term order trend.
The report explained that iM Securities’ upward revision was based on the two companies’ AI data center-related businesses. It stated that the assessment was based on specific disclosures and order performance.
The foregoing summarizes only the statements and figures in the iM Securities report. The related figures may change if additional disclosures or earnings announcements are released.
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