Shareholders of Acacia Communications, Inc. (NASDAQ:ACIA) are having a rough day after the company’s second-quarter guidance fell short of consensus by $41 million, sending shares tumbling nearly 8% in Wednesday’s trading session.

Weaker revenue guidance was largely attributed to a softening demand environment in China. However, William Blair analyst Dmitry Netis advises to stay patient and believes the China air pocket is transitory.

“We equally do not subscribe to the view that ZTE and others will in-source own modules anytime soon, and believe all customers in China should contribute to a strong product cycle on CFP2-DCO, beginning in the second half of this year […] We continue to see an asymmetric risk/reward on ACIA shares, which we believe deserve to trade above the market multiples given our expectation for revenue growth of 25% in 2018, evidence of market share gains, and unique technology differentiation,” Netis noted.

Netis believes that Acacia remains the most differentiated name in optical, and as such reiterates an Outperform rating on the stock.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Dmitry Netis has a yearly average return of 7.9% and a 54% success rate. Netis has a -18.1% average return when recommending ACIA, and is ranked #507 out of 4563 analysts.

Out of the 8 analysts polled in the past 12 months, 6 rate Acacia Communications Inc stock a Buy, while 2 rate the stock a Hold. With a return potential of 60.4%, the stock’s consensus target price stands at $71.43.