PETALING JAYA: Given the weaker-than-expected results, earnings forecasts for outsourced semiconductor assembly and test (Osat) player Inari Amertron Bhd
for financial year 2025 (FY25), FY26 and FY27 have been cut by 9.9%, 3.4% and 3.3%, respectively, after accounting for lower loadings from the radio-frequency (RF) segment.
In a note, TA Research said after revising the earnings forecasts, it lowered its target price from RM2.48 to RM2.32, based on an unchanged 28 times 2026 earnings and a 3% environmental, social and governance premium.
