5N Plus Inc. (VNP:CA) Desjardins Securities Raises Target Forecast on Earnings Outlook

Desjardins Securities raised its price target to C$23 from C$17.50 while maintaining a Buy rating, underscoring growing confidence in the company’s specialty semiconductor segment and strengthening earnings outlook. The brokerage highlighted that 5N Plus continues to benefit from robust demand for high-purity materials used in solar, medical imaging, and defense applications, where the company holds a competitive advantage.

Analysts noted that the firm’s recent contract wins and operational efficiencies have improved profit margins and provided greater visibility into future cash flows, supporting sustained growth through 2025. The company’s strategic focus on high-value, low-volume markets is helping mitigate pricing pressures seen in the broader semiconductor supply chain.

Desjardins views 5N Plus as well-positioned for long-term expansion, driven by rising demand for advanced materials in clean energy technologies and a disciplined approach to cost management and capital allocation.