UP!
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Type
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Subsidiary of Molex |
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| Industry | Optical components |
| Founded | 1995 |
| Headquarters | Fremont, California |
| Revenue | $204 million (2014) |
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Net income
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$19 million (2014) |
| Website | www.oplink.com |
Oplink Communications LLC is a US-based business manufacturing and selling optical components. Oplink headquarter is located in Fremont, California and has R/D center and manufacture facility in China and Taiwan.
The company was founded in San Jose, California in 1995. Oplink moved its manufacture facility from San Jose, California to Free-trade-zone in Zhuhai, China in 2000. The company went public (Nasdaq: OPLK) in 2000 with initial public offering of 13,700,000 shares of its common stock at a price of $18.00 per share. Oplink moved its headquarter to Fremont, California in 2004. Koch Industries acquired Oplink for 445 million in December 2014. The legal entity changes to Oplink Communications LLC. Oplink is currently owned by Molex, a global electronics components company and Koch Industries subsidiary.
Oplink acquired Optical Communication Products, Inc. (Nasdaq: OCPI) for 85.3M in 2007.
Oplink was acquired by Koch Industries for $445M in 2014.
| 2014-12-31 | Reiterated Rating | B. Riley | Neutral | $24.25 |
| 2014-12-24 | Reiterated Rating | B. Riley | Neutral | $24.25 |
| 2014-11-20 | Downgrade | B. Riley | Buy to Neutral | $26.25 to $24.25 |
| 2014-11-19 | Downgrade | Sidoti | Buy to Neutral | |
| 2014-08-08 | Reiterated Rating | Stifel Nicolaus | Buy | $22.00 to $24.00 |
| 2014-07-30 | Boost Price Target | B. Riley | Buy | $21.00 to $23.00 |
| 2014-05-12 | Upgrade | Sidoti | Neutral to Buy | |
| 2014-05-01 | Reiterated Rating | Stifel Nicolaus | Buy | $19.00 |
| 2014-05-01 | Downgrade | Sidoti | Buy to Neutral | |
| 2013-11-01 | Lower Price Target | Stifel Nicolaus | Buy | $24.00 to $20.00 |
| 2013-11-01 | Boost Price Target | B. Riley | Buy | $23.75 to $26.00 |
| 2009-09-29 | Upgrade | Thomas Weisel | Market Weight to Overweight | |
| 2008-05-19 | Upgrade | Merriman Curhan Ford | Neutral to Buy | |
| 2008-03-31 | Upgrade | Merriman Curhan Ford | Sell to Neutral | |
| 2008-03-28 | Reiterated | Roth Capital | Buy | $25.40 to $18.20 |
| 2008-03-28 | Downgrade | Piper Jaffray | Neutral to Sell | |
| 2008-03-28 | Downgrade | Needham & Co | Strong Buy to Hold | |
| 2008-02-01 | Reiterated | Needham & Co | Strong Buy | $28 to $25 |
| 2008-01-14 | Upgrade | Needham & Co | Buy to Strong Buy | $28 |
| 2007-06-18 | Upgrade | First Albany | Buy to Strong Buy | |
| 2007-06-07 | Downgrade | Needham & Co | Buy to Hold | |
| 2007-05-10 | Downgrade | Merriman Curhan Ford | Neutral to Sell |
| 2014-12-31 | Reiterated Rating | B. Riley | Neutral | $24.25 |
| 2014-12-24 | Reiterated Rating | B. Riley | Neutral | $24.25 |
| 2014-11-20 | Downgrade | B. Riley | Buy to Neutral | $26.25 to $24.25 |
| 2014-11-19 | Downgrade | Sidoti | Buy to Neutral | |
| 2014-08-08 | Reiterated Rating | Stifel Nicolaus | Buy | $22.00 to $24.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
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