Analysts on Omnivision Report

Barrons: Sentiment on the Street is mixed.

Daniel Gelbtuch, an analyst at CIBC, maintains a Sector Perform rating on the stock, despite conceding that “valuation appears fetching.” He thinks the company is likely to lose share to competitors, including privately held SiliconFile at the high end of the market and privately held MagnaChip at the low end.

Also skeptical is Jefferies & Co.’s Adam Benjamin, who cites concerns that the company’s guidance “could prove aggressive due to its high turns ratio and our belief that recent order expediting could be clouding true demand.”

Tristan Gerra, an analyst at Robert W. Baird, adds that both Micron (MU) and Samsung continue to take market share in image sensors, and asserts that the company’s recovery “should be short-lived.” He repeated his Underperform rating on the stock.

Michael Masdea, an analyst at Credit Suisse, is more bullish, and maintains his Overweight rating. He writes in a note that the company should benefit as camera phone makers trend toward higher resolution image sensors, and many move to two sensors per phone to enable video conferencing.