Sivers Could Generate $205M-$307M Annual Gross Profit With 10% Wafer Capacity Allocation, Analysis Shows

According to analyst Serenity's analysis shared by Odaily, Sivers could generate $205 million to $307 million in annual gross profit with a 10% wafer capacity allocation from Win Semi, assuming 65% yield and $50-$75 average selling price. This corresponds to a valuation multiple of 3.6 to 5.4 times the company's current $1.1 billion market capitalization.

If capacity allocation increases to 15%, annual gross profit could rise to $307 million to $461 million, lowering the valuation multiple to 2.4 to 3.6 times. Morgan Stanley recently listed Sivers as one of three core vendors in the CPO laser market, alongside Coherent and Lumentum.