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ASE Technology Holding Co ( (ASX) ) has shared an update.
On April 29, 2026, ASE Technology Holding reported unaudited consolidated net revenues of NT$173.66 billion for the first quarter of 2026, up 17.2% year-on-year but down 2.4% from the prior quarter. Net income attributable to shareholders more than doubled from a year earlier to NT$14.15 billion despite easing slightly from NT$14.71 billion in the fourth quarter, with basic EPS at NT$3.24 and gross margin improving to 20.1% and operating margin to 10.1%.
The ATM segment drove growth, with revenues rising 29.7% year-on-year and 2.5% sequentially, even as its margins edged down, while EMS revenues slipped 0.7% year-on-year and 10.3% quarter-on-quarter but recorded modest margin gains. ASE continued to invest heavily, booking US$1.0 billion in equipment capex in 1Q26, maintained solid liquidity with NT$419.39 billion in unused credit lines and a current ratio of 1.15, and modestly expanded its workforce, underscoring ongoing capacity expansion and a stable financial position for key semiconductor customers and investors.
The most recent analyst rating on (ASX) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on ASE Technology Holding Co stock, see the ASX Stock Forecast page.
Spark’s Take on ASX Stock
According to Spark, TipRanks’ AI Analyst, ASX is a Neutral.
The score is driven by strong technical uptrend and a constructive earnings outlook for ATM/LEAP expansion, partly offset by weak cash conversion (negative 2025 free cash flow) and a relatively elevated P/E with only modest dividend support.
To see Spark’s full report on ASX stock, click here.
More about ASE Technology Holding Co
ASE Technology Holding Co., Ltd. is a leading global provider of semiconductor assembly and testing services (ATM) and a significant player in electronic manufacturing services (EMS). The Taiwan-based company derives roughly half of its revenue from packaging, with additional contributions from testing, EMS and other operations, and serves major integrated device manufacturers and electronics brands worldwide.
Average Trading Volume: 7,855,116
Technical Sentiment Signal: Buy
Current Market Cap: $68.85B
Learn more about ASX stock on TipRanks’ Stock Analysis page.