Sumitomo Electric (5802.T JPX) +4.96% 29 Jan 2026: earnings reshape price targets
5802.T stock jumped to JPY 7010.00 on 29 Jan 2026 after traders reacted to an upcoming earnings update and stronger sector momentum. The JPX-listed Sumitomo Electric Industries, Ltd. rose 4.96% (up JPY 331.00) on volume 8.74M shares, topping its 50-day average of JPY 6478.26. With an earnings announcement set for 03 Feb 2026, investors are repricing revenue and margin outlooks across automotive and infocommunications segments.
5802.T stock: market reaction and price action
Sumitomo Electric (5802.T) closed at JPY 7010.00 on the JPX, a 4.96% daily gain driven by heavier volume of 8.74M versus average 7.64M. The stock traded between JPY 6901.00 and JPY 7188.00, approaching a year high of JPY 7215.00.
This intraday strength reflects short-term momentum: the 50-day average is JPY 6478.26 and the 200-day average is JPY 4324.95, indicating an upward trend over several months.
5802.T stock: earnings preview and what to watch on 03 Feb 2026
Sumitomo Electric reports results on 03 Feb 2026; the market will watch automotive wiring harness volumes and fiber optics margins for guidance. Analysts expect revenue mix shifts toward EV connectors and data center products to drive margin expansion.
Investors should watch EPS sensitivity. The company shows EPS 282.52 and PE 24.81, so modest surprise to EPS could move valuation quickly ahead of formal guidance.
5802.T stock: fundamentals, valuation and Meyka grade
Sumitomo Electric shows a market cap of JPY 5,467,244,394,410.00, P/S 1.14, P/B 2.30, and dividend per share JPY 91.00 (yield 1.30%). Profitability metrics include net margin 4.49%, ROE 9.34%, and interest coverage 13.75.
Meyka AI rates 5802.T with a score out of 100: 67.83 out of 100, Grade B, Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
5802.T stock: technicals and trading setup
Technical indicators show neutral momentum with RSI 48.06 and ADX 16.82, suggesting no strong trend. Volatility measures: ATR 297.11, Bollinger middle JPY 6485.75, upper JPY 6909.15, lower JPY 6062.35.
Short-term traders should note the stock is above the 50-day average JPY 6478.26 but near resistance at the year high JPY 7215.00. Volume expansion on the price rise signals buyer conviction ahead of earnings.
5802.T stock: analyst targets, Meyka forecast and scenario sizing
Public price-target consensus is limited, but broker notes often focus on automotive electrification and optics growth. Current market multiples (PE 24.81) price in steady earnings growth rather than an aggressive upside.
Meyka AI’s forecast model projects near-term and multi-year levels: monthly JPY 6769.84, yearly JPY 4551.31, and seven-year JPY 7890.07. Forecasts are model-based projections and not guarantees.
5802.T stock: risks and opportunities for investors
Opportunity: strong exposure to EV wiring and fiber optics can expand margins as EV adoption and data center demand grow. Sumitomo Electric’s three-year revenue and EPS growth trends are positive.
Risk: exposure to cyclic auto demand and FX swings could pressure near-term results. Inventory days 90.52 and DSO 67.79 could increase working capital needs if end-market orders slow.
Final Thoughts
5802.T stock closed at JPY 7010.00 on 29 Jan 2026 after a 4.96% intraday gain as traders positioned ahead of the 03 Feb 2026 earnings release. Fundamentals show a healthy balance sheet, P/E 24.81, P/B 2.30, and dividend per share JPY 91.00, while sector comparisons place Sumitomo Electric in a cyclical but improving spot in Japan’s industrial and auto-parts complex. Meyka AI’s forecast model projects a monthly level of JPY 6769.84 (implied -3.43% vs current), a yearly level of JPY 4551.31 (implied -35.09%), and a seven-year target of JPY 7890.07 (implied +12.56%). These figures show near-term downside risk priced by the model but longer-term upside if EV and data-center trends sustain. Investors should weigh the upcoming earnings details on margins and order intake against these model projections. Forecasts are model-based projections and not guarantees. For real-time updates use Meyka AI’s analysis and the Sumitomo Electric company page on JPX.
FAQs
What drove the 5802.T stock move on 29 Jan 2026?
5802.T stock rose on heavy volume as investors positioned for the 03 Feb 2026 earnings. Short-term strength reflected optimism about EV wiring and fiber optics margins and a move above the 50-day average to JPY 6478.26.
How does Meyka AI view 5802.T stock now?
Meyka AI rates 5802.T 67.83/100, Grade B, suggestion HOLD. The model notes solid fundamentals but advises monitoring earnings details and guidance before upgrading to a buy.
What are key metrics to watch in the 5802.T earnings report?
Watch automotive wiring volumes, fiber optics margins, EPS surprise versus EPS 282.52, and guidance on EV connector demand. These items will drive near-term valuation and trading range.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
