Hon Hai Precision: Anticipating A Strong Q1 And An Above-Expectations Q2 (Rating Upgrade)

  • My rating for Hon Hai is raised to a Buy; I have made this decision considering favorable expectations of 1Q25 results and positive updates from its key customer. I anticipate that HNHAF would have registered robust topline expansion and meaningful margin improvement in the first quarter. HNHPF's second quarter results should also surpass expectations, as tariff headwinds aren't as bad as feared.