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Fujikura Ltd. ranks third in rising buy predictions from individual investors on Minkabu
Fujikura Ltd. <5803> ranked third in rising buy forecasts as of 1:00 p.m. on June 1 in the Retail Investor Forecasts (Latest 48 Hours) compiled by Minkabu.
Fujikura fell for a fifth straight day, extending its downward trend. The company's earnings forecast for the fiscal year ending March 2027, announced on May 14, projected a 12% year-on-year increase in operating profit to 211 billion yen, pointing to double-digit growth. However, the forecast missed consensus estimates, triggering sharp selling pressure. Market sentiment is currently split, with bargain hunting and dip-buying emerging on valuation grounds. While retail investor interest remains strong, a rapidly growing margin buying balance?reflecting that popularity?is weighing on the stock.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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