Overview

• The company will report fiscal Q2 2026 results on Thursday, Aug. 28, with consensus pointing to roughly 58% year‑over‑year revenue growth.
• Analysts attribute the acceleration to demand for custom AI silicon and electro‑optics adopted by hyperscaler data centers.
• Street sentiment remains broadly positive, with Susquehanna rating the shares Positive with a $90 price target and Citi reiterating Buy with a $96 target ahead of the release.
• The stock trades well below its January record, down more than 30% year to date, with TheStreet highlighting a recent $71–$76 range.
• Event risk is high as Trefis data show only about 35% positive one‑day moves after earnings over five years, and the company recently streamlined its portfolio by selling its Automotive Ethernet unit to Infineon for $2.5 billion.