Largan Precision stock: Morgan Stanley lifts target to TWD 9,040 by 51.30 percent above price
Published on 10/20/2026 at 18:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and margin pressure
- Morgan Stanley raised its Largan Precision target to TWD 9,040 on October 13, 2026.
- Third-quarter gross margin fell to 42.21 percent from 49.41 percent on October 8, 2026.
- Largan Precision stock last traded at TWD 5,975 on October 20, 2026, down 4.32 percent on the TWSE.
- Market capitalization stood at TWD 781.5 billion on October 20, 2026.
Largan Precision (ISIN TW0003008009) has a split investor signal: MarketScreener reported that Morgan Stanley upgraded the stock to Overweight and raised its target from TWD 7,100 to TWD 9,040 on October 13, 2026. Largan Precision stock last traded at TWD 5,975 on October 20, 2026 at 1:30 p.m. Taipei time, down 4.32 percent from the prior close of TWD 6,245.00.
Target rises as margins weaken
The Morgan Stanley target implies a substantial gap to the October 20 trading level, but the rating change came before investors absorbed the latest quarterly margin data. The target is 51.30 percent above the stock price, calculated from TWD 9,040 and TWD 5,975.
Taipei Times reported on October 9, 2026 that third-quarter gross margin fell to 42.21 percent from 49.41 percent in the previous quarter and 47.24 percent a year earlier. Revenue declined 11.47 percent year over year to TWD 15.65 billion, while net profit fell 27.65 percent to TWD 5.18 billion.
Price range and valuation
The October 20 quote sits 196.00 percent above the 52-week low of TWD 2,020 and 25.33 percent below the 52-week high of TWD 7,995. The finance profile shows a price-to-earnings ratio of 32.24, while trading volume reached 3,147,937 shares on October 20.
The contrasting figures put execution at the center of the stock story. Revenue pressure and weaker profitability weigh on the latest operating picture, while Morgan Stanley's TWD 9,040 target reflects a more constructive long-term view.
What the margin means for valuation
The third-quarter margin decline was linked to lower yields on new smartphone camera lens products and higher green-energy costs. Largan's revenue for the first nine months of 2026 reached TWD 44.86 billion, up 2.12 percent from TWD 43.93 billion a year earlier, according to Taipei Times on October 6, 2026. That contrast between stable year-to-date sales and a weaker third quarter leaves margin recovery as the key valuation test.
Stock position
Largan Precision stock was last quoted at TWD 5,975 on the Taiwan Stock Exchange on October 20, 2026 at 1:30 p.m. Taipei time, down 4.32 percent from TWD 6,245.00. Its market capitalization was TWD 781.5 billion on the same date.
The further course of trading is shown by the company information and market prices for Largan Precision stock.
Largan Precision at a glance
- Company: LARGAN Precision Co., Ltd.
- ISIN: TW0003008009
- Ticker: 3008
- Primary exchange: Taiwan Stock Exchange
- Price on Taiwan Stock Exchange: TWD 5,975.00 as of October 20, 2026, 1:30 p.m. Taipei time
- Change versus prior close: minus 4.32 percent
- Prior close: TWD 6,245.00 on October 19, 2026
- Market capitalization: TWD 781.5 billion as of October 20, 2026
- 52-week range: TWD 2,020.00-7,995.00 as of October 20, 2026
- Sector / Industry: Technology / Hardware, Equipment and Parts
Market context: Market report TAIEX.
