Should I Buy CHT? CHT 2026 Analysis

Should You Buy Chunghwa Telecom Co Ltd (CHT) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Buy

Latest Price

41.820

1 Day change

-1.55%

52 Week Range

47.030

Analysis Updated At

2026/01/28

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Buy CHT now for a beginner, long-term investor with $50k–$100k. The stock is showing a mild bullish trend with improving fundamentals and constructive forward guidance. While upside may be steady rather than explosive, it fits a long-term, lower-drama profile and the current setup supports initiating a position without waiting for a perfect pullback.

Technical Analysis

CHT is in a modest uptrend/positive bias. MACD histogram is positive (0.063) but contracting, implying bullish momentum is slowing rather than reversing. RSI(6) at ~61.5 is mildly bullish but not overbought. Moving averages are converging, suggesting consolidation with a slight upward tilt. Price (42.72) is above the pivot (42.393) and approaching near-term resistance (R1 42.947, then R2 43.289). Key downside levels to watch are S1 41.839 and S2 41.497; holding above the pivot keeps the near-term trend constructive.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Options activity is very light (0 volume reported), so sentiment inference is limited. Open interest put/call ratio of 0.5 is bullish-leaning (more calls than puts outstanding). Implied volatility (30D) is high at ~48.9 versus historical volatility ~10.37, indicating the options market is pricing elevated uncertainty relative to realized moves (even though actual trading volume is minimal). Overall: mildly bullish positioning, but low liquidity/participation makes this a weak signal.

Technical Summary

Sell

Buy

Positive Catalysts

2026 outlook calls for revenue growth of ~2.5%–3.2% driven by mobile and data communications.
Increased capex (NT$31.91B) focused on infrastructure, cybersecurity, and anti-fraud could strengthen network quality and resilience, supporting long-term competitiveness.
Upcoming earnings catalyst: Q4/Dec 2025 earnings on 2026-02-03 (pre-market).

Neutral/Negative Catalysts

Operating costs are guided to rise ~3.5%–3.7% in 2026, which could pressure margins if revenue growth under-delivers.
Higher infrastructure and employee-benefit spending may weigh on near-term profitability even if strategically sound long term.
Technically, price is near resistance (42.947–43.289), so short-term upside may be slower if it fails to break through cleanly.

Financial Performance

Latest reported quarter: 2025/Q3. Revenue rose ~12.29% YoY to 1,935,527,955.4 and net income increased ~13.02% YoY to 315,438,631.27, indicating solid growth and improving profitability. Gross margin improved to ~37.14 (+1.23 YoY). EPS was 0.04 (flat YoY), suggesting per-share growth did not expand meaningfully despite higher net income (possible share count effects or other items), but overall quarter trends are positive.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No analyst rating/price target change data was provided, so a specific recent trend cannot be confirmed. Wall Street-style view (based on what’s typical for large telecoms and consistent with the provided guidance): Pros—defensive business profile, steady demand for connectivity/data, and guided revenue growth with ongoing infrastructure/cybersecurity investment supporting durability. Cons—regulated/competitive telecom dynamics and cost/capex increases that can cap near-term margin expansion. Politicians/congress: no recent congress trading data available. Trading trends: hedge funds and insiders are neutral with no significant recent activity.

Analyst Rating

Wall Street analysts forecast CHT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CHT is 0 USD with a low forecast of 0 USD and a high forecast of 0 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.

Buy

Hold