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Ase Technology Holding (ASX)
NYSE:ASX
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ASE Technology Holding Co (ASX) Price & Analysis

1,238 Followers

ASX Stock Chart & Stats

$14.40
-$0.12(-1.10%)
At close: 4:00 PM EST
$14.40
-$0.12(-1.10%)

Bulls Say, Bears Say

Bulls Say
Rapid LEAP (leading-edge Assembly & Testing) ExpansionASE's LEAP business is scaling rapidly, driven by advanced packaging/testing demand. Doubling/tripling LEAP revenue materially expands higher‑margin capabilities and deepens technical differentiation, positioning the company to capture durable AI, compute and auto back‑end spend over multiple years.
ATM Segment Leadership With Improving Margins And UtilizationThe ATM business is the core profit engine: strong sequential and YoY revenue with double‑digit gross and operating margins and ~80% utilization delivers sustainable operating leverage. This entrenches ASE as a go‑to OSAT provider for higher‑value packaging and test services.
Ample Liquidity And Manageable Leverage To Fund GrowthASE's large cash balance and substantial unused credit capacity, combined with moderate net debt/equity, provide financial flexibility to fund aggressive CapEx and technology ramps. This liquidity buffer reduces execution risk during multi‑year capacity builds and cyclical industry swings.
Bears Say
Negative Free Cash Flow And Weak Cash ConversionDespite solid operating cash, FCF is negative due to heavy investments and working capital swings. Persistent negative FCF magnifies funding risk if growth or margins slow, pressures discretionary spending, and raises reliance on external financing to sustain long‑term capacity expansion plans.
Aggressive CapEx Adding Financing And Interest Cost PressureSizable, ongoing CapEx to support LEAP and ATM ramps materially increases capital intensity. Rising interest‑bearing debt and higher interest expense reduce free cash flow and margin resilience, making ASE more sensitive to demand fluctuations and execution delays over the medium term.
Underperforming EMS Segment And Mix Concentration RiskWeak EMS results and low margins limit diversified revenue support. Continued EMS underperformance keeps ASE dependent on ATM/LEAP success; if packaging demand softens, consolidated results and cash generation could deteriorate given EMS's thin profitability and its sizable share of group revenues.

ASE Technology Holding Co News

ASX FAQ

What was Ase Technology Holding’s price range in the past 12 months?
Ase Technology Holding lowest stock price was $8.89 and its highest was $34.22 in the past 12 months.
    What is Ase Technology Holding’s market cap?
    Ase Technology Holding’s market cap is $73.33B.
      When is Ase Technology Holding’s upcoming earnings report date?
      Ase Technology Holding’s upcoming earnings report date is Jul 23, 2026 which is in 76 days.
        How were Ase Technology Holding’s earnings last quarter?
        Ase Technology Holding released its earnings results on Apr 29, 2026. The company reported $0.195 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.025.
          Is Ase Technology Holding overvalued?
          According to Wall Street analysts Ase Technology Holding’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Ase Technology Holding pay dividends?
            Ase Technology Holding pays a Annually dividend of $0.356 which represents an annual dividend yield of 2.29%. See more information on Ase Technology Holding dividends here
              What is Ase Technology Holding’s EPS estimate?
              Ase Technology Holding’s EPS estimate is 0.23.
                How many shares outstanding does Ase Technology Holding have?
                Ase Technology Holding has 2,230,416,500 shares outstanding.
                  What happened to Ase Technology Holding’s price movement after its last earnings report?
                  Ase Technology Holding reported an EPS of $0.195 in its last earnings report, beating expectations of $0.17. Following the earnings report the stock price went up 1.695%.
                    Which hedge fund is a major shareholder of Ase Technology Holding?
                    Currently, no hedge funds are holding shares in ASX
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Ase Technology Holding

                      ASE Technology Holding Co., Ltd. provides a range of semiconductors packaging and testing, and electronic manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It offers packaging services, including flip chip ball grid array (BGA) and chip scale package (CSP), advanced chip scale packages, quad flat packages, low profile and thin quad flat packages, bump chip carrier and quad flat no-lead (QFN) packages, advanced QFN packages, plastic BGAs, and 3D chip packages; stacked die solutions in various packages; and copper and silver wire bonding solutions. The company also provides advanced packages, such as flip chip BGA; heat-spreader FCBGA; flip-chip CSP; hybrid FCCSP; flip chip package in package and package on package (POP); advanced single sided substrate; high-bandwidth POP; fan-out wafer-level packaging; SESUB; and 2.5D silicon interposer. In addition, it offers IC wire bonding packages; system-in-package products (SiP) and modules; and interconnect materials, as well as assembles automotive electronic products. Further, the company provides a range of semiconductor testing services, including front-end engineering testing, wafer probing, logic/mixed-signal/RF module and SiP/MEMS/discrete final testing, and other test-related services, as well as drop shipment services. Additionally, it develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services; processes and sells computer and communication peripherals, electronic components, telecommunications equipment, and motherboards; and imports and exports goods and technology. The company was incorporated in 1984 and is headquartered in Kaohsiung, Taiwan.

                      ASE Technology Holding Co (ASX) Earnings & Revenues

                      ASX Company Deck

                      ASX Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call highlights strong momentum in ASE's ATM and LEAP businesses — record ATM revenue, rapid LEAP expansion (targeting USD 3.2B in 2026), improved margins, higher utilization and solid top-line and net income growth (+25% net income YoY). Management is investing aggressively (CapEx and R&D) to capture multiyear AI-driven demand and strengthen long-term competitive positioning. Offsetting risks include continued EMS softness, rising operating expenses, heavy near-term CapEx and higher debt/interest costs, FX headwinds, and a cautious Q1 2026 guide (revenue and margin decline). Overall, positive operational and structural progress outweigh near-term and financial execution risks, but execution on capacity build and EMS turnaround will be important to sustain the trajectory.View all ASX earnings summaries

                      ASX Stock 12 Month Forecast

                      Average Price Target

                      $43.00
                      ▲(198.61% Upside)
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                      Ownership Overview

                      43.06%0.14%0.39%55.45%
                      43.06% Insiders
                      0.39% Other Institutional Investors
                      55.45% Public Companies and Individual Investors
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