SIVE Earnings Preview: Market Focuses on CPO Laser Orders and 2027 Ramp-Up

BlockBeats News, August 25 — Serenity published an article stating that photonic chip company Sivers Semiconductors (SIVE) will release its earnings report in two days. The market's primary focus is not on short-term financial data but rather on the progress of customer certifications, joint development, and order ramp-up in its photonics business. The article noted that Sivers is expected to secure more information regarding joint photonics development, customer certifications, and contracts in the near future. Previously, AAOI revealed that multiple customers are seeking CPO lasers, but production capacity constraints have prevented demand from being met. Similarly, MTSI stated that a large number of customers are competing for continuous wave (CW) laser capacity, but additional capacity will not come online until the second half of 2027. If Sivers can disclose more details about customer demand and locked-in production capacity, it would signal strong market demand. Regarding ramp-up, Jabil (JBL) is considered a potential major revenue growth driver for Sivers in the first half of 2027, while Aeva (AEVA) is expected to contribute revenue in the second half of 2026. Additionally, joint development projects with other pluggable optical module customers are anticipated to gradually transition from the certification phase to mass production. The market will also pay attention to Sivers' progress in listing on Nasdaq, its future revenue pipeline, and early batch orders. With the company recently completing $70 million in financing and alleviating dilution pressure, its balance sheet issues are expected to have been resolved. According to market analysts, the core valuation logic for Sivers remains the future ramp-up potential of its photonics business. If the company can further disclose locked-in CW capacity, customer demand, and future revenue scale, it may prompt the market to reassess its valuation. [Original Link]