ASE Technology's stock rose 3.76% as it reached a 52-week high, reflecting positive investor sentiment.
The company reported total net revenues of NT$645.388 billion for 2025, an 8.4% increase from 2024, indicating strong performance in the semiconductor sector and boosting market confidence. The fourth quarter of 2025 saw net revenues of NT$177.915 billion, reflecting a 5.5% sequential increase and a 9.6% year-over-year growth, demonstrating the company's continued benefits from recovering demand, which drives overall performance improvement.
This robust financial performance highlights ASE's ability to maintain solid growth in a competitive market, particularly in its ATM business, which reported a remarkable 25.9% year-over-year growth in December 2025.
Wall Street analysts forecast ASX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASX is 24.35 USD with a low forecast of 17.00 USD and a high forecast of 36.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast ASX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASX is 24.35 USD with a low forecast of 17.00 USD and a high forecast of 36.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 20.070
Low
17.00
Averages
24.35
High
36.75
Current: 20.070
Low
17.00
Averages
24.35
High
36.75
Goldman Sachs
Julian Braganza
Sell -> Neutral
upgrade
$57
2026-01-08
Reason
Goldman Sachs
Julian Braganza
Price Target
$57
AI Analysis
2026-01-08
upgrade
Sell -> Neutral
Reason
Goldman Sachs analyst Julian Braganza upgraded ASX to Neutral from Sell with a A$57 price target. The firm says the company's activity and pricing are supporting its revenue trends.
BofA
Mike Yang
Buy
maintain
2025-12-03
Reason
BofA
Mike Yang
Price Target
2025-12-03
maintain
Buy
Reason
BofA analyst Mike Yang raised the firm's price target on ASE Technology to NT$250 from NT$190 and keeps a Buy rating on the shares. The firm expects ASE's advanced packaging sales to be on track to grow from $450M in 2024 to $1.1B in 2025 and reach $2.1B in 2026 as it gains share in the on-substrate business for Nvidia's Blackwell GPU. Supplemented by a modest utilization recovery in mature packaging close to 80%, the packaging sales could grow 21% year-over-year in 2026, the analyst tells investors in a research note.
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Nomura
Aaron Jeng
Neutral -> Buy
upgrade
$150 -> $260
2025-10-30
Reason
Nomura
Aaron Jeng
Price Target
$150 -> $260
2025-10-30
upgrade
Neutral -> Buy
Reason
Nomura analyst Aaron Jeng upgraded ASE Technology to Buy from Neutral with a price target of NT$260, up from NT$150.
About ASX
ASE Technology Holding Co Ltd is a Taiwan-based company that mainly invests in packaging services, testing services, electronic product assembly technology and manufacturing services. The investment business includes general investment business projects. The packaging and testing business provides integrated circuit (IC) services, including packaging and module design, IC packaging, multi-chip packaging, micro and hybrid modules, memory packaging, front-end testing, wafer probe testing, finished product testing, substrate design, and manufacturing. The electronic manufacturing service business mainly provides a series of professional services such as development and design, material procurement, production and manufacturing, logistics, maintenance and other after-sales services for domestic and foreign brand manufacturers in the fields of communications, consumer electronics, computers, storage industrial, automotive electronics and other types of electronic products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
