JX Advanced Metals ranks 2nd in rising buy predictions among individual investors on Minkabu

As of 2:00 p.m. on Tuesday, JX Advanced Metals Corporation <5016> ranked second in rising buy predictions according to retail investor predictions over the latest 48 hours compiled by Minkabu.

JX Advanced Metals announced its financial results for the fiscal year ended March 2026 on May 11. Consolidated operating profit for the period reached 174.97 billion yen, up 55.50% year-on-year, significantly exceeding its previous forecast of 150.00 billion yen. However, for the fiscal year ending March 2027, the firm projected an operating profit of 190.00 billion yen, up 8.60% year-on-year; despite marking a record high, this fell short of market expectations of around 210.00 billion yen, triggering a selloff in its shares. The stock price declined for seven consecutive sessions starting May 12 and has remained weak since.

Nevertheless, JX Advanced Metals manufactures sputtering targets for semiconductors and indium phosphide substrates used in optical communication light-emitting and light-receiving devices for data centers, drawing attention as a semiconductor play. With some observers viewing the stock as oversold near 3,500 yen, expectations for a technical rebound are driving the increase in buy predictions.

Conversely, concerns remain that the downward trend could persist, as the firm still ranks fourth in rising sell predictions.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.