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Chunghwa Telecom Co Ltd (CHT)
NYSE:CHT

Chunghwa Telecom Co (CHT) AI Stock Analysis

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CHT

Chunghwa Telecom Co

(NYSE:CHT)

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Outperform 72 (OpenAI - 5.2)
Rating:72Outperform
Price Target:
$46.00
â–²(9.52% Upside)
The score is driven primarily by strong financial fundamentals (high margins, low leverage, solid cash conversion) and a constructive earnings outlook with continued growth guidance. This is tempered by a relatively expensive valuation (P/E 26.53) and mixed technical signals that suggest limited near-term momentum, plus guidance indicating cost growth may outpace revenue and CapEx is increasing in non-mobile initiatives.
Positive Factors
Sustained high profitability and margins
Chunghwa Telecom's consistently high gross, EBIT and EBITDA margins reflect durable network economics and pricing power in core telecoms. These margins enable reinvestment in infrastructure and ICT initiatives while supporting resilient operating cash flow and shareholder returns over the medium term.
Conservative balance sheet and strong cash generation
Very low leverage and substantial free cash flow give Chunghwa flexibility to fund elevated non-mobile CapEx, acquisitions, sustainability commitments and dividends without stressing liquidity. This capital strength reduces refinancing risk and underpins strategic investments over multiple years.
Strategic pivot into higher-growth ICT, AI and connectivity
A focused move into IDC, AI, submarine cables and satellite positions the company to capture structural cloud, edge AI and cross-border connectivity demand. Growing recurring ICT revenue diversifies reliance on traditional services and should support medium-term revenue and margin expansion if execution remains on track.
Negative Factors
Operating cost growth projected to outpace revenue
Guidance showing operating expenses rising faster than revenue implies likely margin compression absent offsetting efficiency gains. Structural cost pressures from talent, electricity and higher depreciation could erode operating leverage and constrain EPS upside over the next several quarters.
Higher non-mobile CapEx raises execution and return risk
A concentrated jump in non-mobile capital intensity increases execution, timing and returns risk: multi-year builds like submarine cables, IDC and satellites carry long payback periods, execution complexity and demand uncertainty that could pressure free cash flow and ROIC in the medium term.
Ongoing regulatory/legal probe introduces governance risk
Active prosecutorial probes, even if cooperation limits immediate financial impact, raise persistent operational and governance uncertainty. Potential fines, remediation costs or reputational damage could complicate regulatory relationships and enterprise sales, affecting strategic initiatives over months.

Chunghwa Telecom Co (CHT) vs. SPDR S&P 500 ETF (SPY)

Chunghwa Telecom Co Business Overview & Revenue Model

Company DescriptionChunghwa Telecom Co., Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Domestic Fixed Communications Business, Mobile Communications Business, Internet Business, International Fixed Communications Business, and Others segments. The company offers local and domestic long-distance telephone, broadband access, and related services; information and communication technology and VAS services; and interconnection with its fixed-line network to other mobile and fixed-line operators. It also provides mobile; HiNet Internet, data communication, and cloud; Internet data center; and international long-distance telephone and data services. In addition, the company distributes and sells mobile handsets, data cards, electronic materials, and computing and business machinery equipment and software; designs, develops, manufactures, sells, and services semiconductor testing components, printed circuit boards, and electronic components and finished products, and automatic license plate recognition software and hardware products. Further, it offers real estate development and property management; system, network, and communications integration; intelligent buildings and energy network; digital information supply and advertisement; property and liability insurance agency; family education; computing equipment installation; management consultancy; data processing; telecommunication engineering; Internet identify; and information and communication solution services. Additionally, the company provides software design services, and Internet contents production and play services; motion picture production and distribution; and energy saving solutions and international circuits, and services for electronic parts and machinery processed products. The company was incorporated in 1996 and is headquartered in Taipei City, Taiwan.
How the Company Makes MoneyChunghwa Telecom generates revenue through multiple streams, primarily from its telecommunications services. The company earns substantial income from mobile services, including voice, messaging, and data plans for individual and corporate customers. Fixed-line services also contribute significantly to revenue, with offerings in local and international calling, broadband internet, and leased line services for businesses. Furthermore, CHT has expanded into value-added services such as cloud computing, Internet of Things (IoT) solutions, and digital content services, enhancing its revenue potential. Partnerships with technology firms and collaborations with other telecom operators enhance CHT's service offerings and market reach. Additionally, CHT benefits from regulatory support and increasing demand for high-speed internet and mobile connectivity, further solidifying its financial performance.

Chunghwa Telecom Co Earnings Call Summary

Earnings Call Date:Feb 03, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Apr 30, 2026
Earnings Call Sentiment Positive
The call highlighted strong full-year financial performance, record revenue and EPS milestones, clear market leadership in mobile/5G, robust ICT recurring revenue and strategic investments (IDC, satellites, submarine cables) with solid cash and leverage metrics. Lowlights centered on quarterly declines in certain ICT subsegments (cloud, AIDC, cybersecurity) driven by timing and high comparables, one‑off impairments (3G sunset) that depressed Q4 operating profit, international revenue softness, and an outlook showing operating costs rising slightly faster than guided revenue and a significant increase in non‑mobile CapEx for 2026. Overall the positives — sustained revenue and profit growth, market share gains, high-margin EBITDA stability, and strategic wins — materially outweigh the transitory and timing-related negatives.
Q4-2025 Updates
Positive Updates
All-time High Full Year Revenue
Full year 2025 revenue reached TWD 236.11 billion, up 2.7% year-over-year, marking an all-time high driven by core telecom and ICT contributions.
Strong Profitability and EPS Milestones
Full year EPS reached TWD 4.99 (up from TWD 4.80), net income increased 4% YoY, income from operations grew 3.6% YoY, and EBITDA rose 2.6% YoY to TWD 88.77 billion with a stable EBITDA margin of 37.6%.
Quarterly Revenue and EPS Strength
Q4 consolidated revenue was TWD 65.65 billion, up 0.5% YoY (highest Q4 in nearly a decade). Q4 EPS increased to TWD 1.20 from TWD 1.16 and income before tax rose 2.1% YoY. Q4 EBITDA was TWD 21.55 billion (margin 32.82%).
Market Leadership in Mobile and 5G
Mobile revenue market share rose to 41% and subscriber market share to 39.7%; 5G subscriber market share reached 39.2%. 5G penetration among smartphone users rose to 46.4%, with average monthly fee uplift from 5G migration of 41%. Q4 mobile service revenue grew 4.7% YoY and postpaid ARPU grew 3.6% YoY.
Fixed Broadband ARPU and Higher-Tier Adoption
Fixed broadband ARPU hit a record TWD 819/month. Fixed broadband revenue rose 3.8% YoY and subscribers grew 0.5% YoY. Subscriptions at 300 Mbps+ grew 13% YoY; 1 Gbps+ subscriptions doubled in Q4.
Consumer Services Momentum
Multiple-play packages increased 17% YoY (16th consecutive quarter of growth). Hami video ARPU rose >25% YoY in Q4. Consumer cybersecurity subscriptions grew 11% YoY with double-digit revenue gains.
High-growth ICT and Recurring Revenue
Group recurring ICT revenue grew 15% YoY. IDC revenue grew 19% YoY, Big Data 3% YoY, and 5G private network revenue surged 88% YoY. Full-year ICT still delivered growth despite some quarterly variability.
Key Contracts and Business Wins
Won a flagship government system integration project to upgrade the labor insurance platform (>TWD 3 billion) and secured an integrated AI customer service solution for a leading financial institution. Satellite services added to government procurement framework.
Strong Cash Position and Improved Leverage
Free cash flow was TWD 49.8 billion (down 1.4% YoY). Debt ratio improved to 25.25% and net debt-to-EBITDA stood at 0. Issued first-ever sustainability bonds focused on biodiversity.
ESG and Strategic Energy Commitment
Secured 4.6 billion kWh of renewable energy via a 20-year CPPA supporting 2045 net zero goals. Received multiple ESG/innovation awards including The Asset Jade Award and inclusion on Newsweek's World's Most Trustworthy Companies 2025 list.
2026 Guidance Reflects Continued Growth
2026 guidance: total revenue growth expected 2.5%–3.2% YoY; EPS guidance TWD 4.82–5.02; total CapEx budgeted at TWD 31.91 billion with mobile CapEx expected to decline ~6.3% while non-mobile CapEx increases to fund IDC, submarine cables and satellite strategy.
Negative Updates
Quarterly ICT Revenue Weakness and Segment Declines
Group ICT revenue declined 6% YoY in Q4 due to a high comparison base. Specific quarterly declines included cloud (-16% YoY), AIDC (-27% YoY) and cybersecurity (-16% YoY) driven by timing of project recognitions.
Enterprise Business Group Revenue Pressure
EBG revenue decreased 7.9% YoY in Q4, with EBG ICT revenue down ~7% YoY as major projects were recognized in earlier quarters; income before tax also impacted by one-time impairment from 3G sunset.
International Revenue Softness
International subsidiaries' revenue decreased 7% YoY in Q4, mainly from softened voice demand and a high comparison base in the U.S. and Japan, partially offset by 12% YoY growth in Southeast Asia.
One-off Impairments and Operating Profit Drag
Q4 income from operations decreased 2.2% YoY primarily due to one-off impairment losses related to the 3G network sunset and a high comparative base from prior-year investment property gains; CBG and EBG income were both impacted by impairments.
Rising Operating Cost Outlook vs. Revenue Growth
Guidance for 2026 expects operating costs and expenses to rise 3.5%–3.7% YoY while revenue growth is guided to 2.5%–3.2%, signaling potential margin pressure driven by hiring (AI/IDC talent), electricity cost uncertainty and higher depreciation.
Near-term CapEx Concentration Shift
Non-mobile CapEx is expected to rise ~24% in 2026 (driven by IDC, submarine cables and satellite investments), increasing capital focus away from mobile and raising investment intensity in new areas.
Slight Softening in Operating Cash Flow
Cash flow from operating activities decreased 2.2% YoY and free cash flow declined 1.4% YoY, reflecting working capital dynamics (lower accounts payable) and investment timing.
Company Guidance
Management guided 2026 total revenue to increase 2.5–3.2% year‑over‑year, operating costs and expenses to rise 3.5–3.7% y/y, and EPS to be in the range of TWD 4.82–5.02. They budgeted CapEx of TWD 31.91 billion, with mobile‑related CapEx falling ~6.3% (the fifth consecutive annual decline since 2021) while non‑mobile CapEx is expected to climb ~24% to fund submarine cables, IDC, satellite and AIDC investments; they also expect combined AIoT, satellite and big data revenue to surpass TWD 10 billion in 2026. Management cited a stable Taiwan mobile market and continued 5G and fixed‑broadband ARPU momentum as the drivers supporting this guidance despite higher talent, electricity and depreciation-driven operating costs.

Chunghwa Telecom Co Financial Statement Overview

Summary
Strong profitability (TTM net margin 16.36%, EBIT margin 21.43%, EBITDA margin 38.62%) and a conservative balance sheet (debt-to-equity 0.12, equity ratio 73.41%). Cash generation is solid with positive FCF growth (3.09%), though operating cash flow has softened slightly.
Income Statement
85
Very Positive
Chunghwa Telecom Co has shown consistent revenue growth over the years, with a TTM revenue growth rate of 1.11%. The company maintains strong profitability metrics, with a gross profit margin of 36.18% and a net profit margin of 16.36% in the TTM period. EBIT and EBITDA margins are also robust at 21.43% and 38.62% respectively, indicating efficient operations and cost management.
Balance Sheet
80
Positive
The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.12, suggesting prudent leverage management. Return on equity is healthy at 9.99%, indicating effective use of shareholder funds. The equity ratio stands at 73.41%, showing a strong equity base relative to total assets.
Cash Flow
78
Positive
Chunghwa Telecom Co demonstrates strong cash flow generation, with a free cash flow growth rate of 3.09% in the TTM period. The operating cash flow to net income ratio is 0.71, and the free cash flow to net income ratio is 0.60, indicating efficient conversion of income into cash. However, there is a slight decline in operating cash flow compared to previous periods.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue236.11B228.57B221.50B215.71B209.44B
Gross Profit48.66B81.99B79.73B78.99B74.33B
EBITDA49.05B87.80B86.98B86.90B84.69B
Net Income39.09B37.19B36.96B36.36B35.62B
Balance Sheet
Total Assets0.00534.30B523.74B523.00B512.88B
Cash, Cash Equivalents and Short-Term Investments37.78B57.94B52.40B53.00B43.28B
Total Debt0.0043.23B43.64B43.47B38.91B
Total Liabilities-390.43B138.49B131.02B131.47B123.75B
Stockholders Equity390.43B382.83B380.29B379.12B377.38B
Cash Flow
Free Cash Flow0.0050.25B43.58B42.52B39.27B
Operating Cash Flow0.0079.24B74.56B75.95B74.86B
Investing Cash Flow0.00-35.33B-50.17B-30.79B-31.17B
Financing Cash Flow0.00-41.52B-40.73B-34.80B-34.31B

Chunghwa Telecom Co Technical Analysis

Technical Analysis Sentiment
Positive
Last Price42.00
Price Trends
50DMA
41.86
Positive
100DMA
42.33
Positive
200DMA
43.07
Negative
Market Momentum
MACD
0.10
Negative
RSI
59.20
Neutral
STOCH
80.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CHT, the sentiment is Positive. The current price of 42 is below the 20-day moving average (MA) of 42.29, above the 50-day MA of 41.86, and below the 200-day MA of 43.07, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 59.20 is Neutral, neither overbought nor oversold. The STOCH value of 80.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CHT.

Chunghwa Telecom Co Risk Analysis

Chunghwa Telecom Co disclosed 32 risk factors in its most recent earnings report. Chunghwa Telecom Co reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 1 New Risks
1.
Effects of climate change may result in potential adverse impacts on our business, financial conditions and results of operations. Q4, 2023

Chunghwa Telecom Co Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$25.14B23.848.36%5.03%-3.16%4.70%
75
Outperform
$20.30B15.4915.54%6.14%-5.21%-7.45%
72
Outperform
$32.87B26.6810.10%3.15%5.74%7.12%
68
Neutral
$72.77B16.7022.81%2.69%1.14%83.48%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
58
Neutral
$36.18B-8.50-7.08%3.77%19.67%-278.51%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CHT
Chunghwa Telecom Co
42.72
5.00
13.26%
AMX
America Movil
23.83
9.07
61.45%
TLK
PT Telekomunikasi Indonesia Tbk
20.91
5.41
34.88%
VIV
Telefonica Brasil
15.72
6.84
77.03%
VOD
Vodafone
15.57
7.59
95.19%

Chunghwa Telecom Co Corporate Events

Chunghwa Telecom Posts Record 2025 Earnings, Beats Guidance on Core Telecom and ICT Growth
Feb 3, 2026

On February 3, 2026, Chunghwa Telecom reported its unaudited consolidated results for the fourth quarter and full year 2025, highlighting record full‑year revenue of NT$236.11 billion, up 2.7% year on year, and net income attributable to shareholders of NT$38.69 billion, up 4.0%, with EPS of NT$4.99 reaching an eight‑year high. Fourth-quarter 2025 revenue edged up 0.5% to NT$65.65 billion, the highest fourth-quarter level in nearly a decade, driven by a 5.9% rise in Consumer Business Group revenue on strong mobile, 5G and broadband demand, as well as modest growth in the International Business Group, although Enterprise Business Group revenue declined 7.9% after major ICT projects had been recognized earlier in the year. Despite slightly softer operating income in the quarter and modest pressure on margins from higher manpower costs and a one‑time 3G asset impairment, the company’s full‑year revenue, operating income, net income and EPS all surpassed the upper end of its guidance, underscoring resilient core operations and disciplined execution of its digital‑innovation strategy. Management also underscored the strategic importance of its growing ICT, satellite and international connectivity businesses—supported by completed SJC2 and Apricot submarine cables and ongoing Southeast Asia expansion—and pointed to strengthened satellite capabilities and pre‑6G initiatives as key drivers of future growth, alongside a sizeable long‑term green power purchase commitment to advance its 2045 net‑zero roadmap.

The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
AT&T Reports Q4 Earnings, Authorizes New $10B Buyback
Positive
Jan 28, 2026

AT&T reported on January 28, 2026, that its fourth-quarter 2025 net income attributable to common stock fell to $3.8 billion, or $0.53 per diluted share, from $4.0 billion, or $0.56, a year earlier, even as quarterly operating revenues rose 3.6% to $33.5 billion on growth in Mobility, Consumer Wireline and Mexico, partially offset by ongoing weakness in Business Wireline. For full-year 2025, net income attributable to common stock more than doubled to $21.9 billion from $10.7 billion in 2024, with earnings per diluted share rising to $3.04, driven largely by a $5.6 billion gain and related items from the sale of its remaining stake in DIRECTV and lower impairment charges versus 2024, while operating revenues increased 2.7% to $125.6 billion and operating income margin improved to 19.2% from 15.6%. Segment results underscored strategic shifts: Mobility posted 5.3% revenue growth and added 1.2 million wireless subscribers in the quarter despite slightly lower margins and higher churn; Consumer Wireline expanded revenues and sharply improved margins on fiber and AT&T Internet Air growth and lower depreciation on fully depreciated legacy assets; Business Wireline revenues declined 7.5% amid reduced demand for legacy and VPN services but saw modest margin improvement; and Mexico revenue surged 20.6% on subscriber growth and favorable foreign exchange. Cash from operations rose to $40.3 billion in 2025, capital investment stayed roughly flat at about $22 billion, and AT&T continued to use excess cash for shareholder returns, repurchasing $4.3 billion of stock under a 2024 buyback authorization and securing a new $10 billion repurchase approval on January 27, 2026, moves that signal management’s confidence but also heighten the importance of sustaining growth in core connectivity businesses while managing restructuring, legal costs and pension-related volatility.

The most recent analyst rating on (T) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on AT&T stock, see the T Stock Forecast page.

Chunghwa Telecom Unveils AI-Centric 2026 Guidance with Higher Revenue and Capex Targets
Jan 23, 2026

On January 23, 2026, Chunghwa Telecom issued its 2026 financial and strategic guidance, framing a new corporate vision of “Igniting the Future with AI” and organizing its strategy around digital resilience, smart empowerment, and sustainability. Under the “AI Everywhere” principle, the company plans major investments in AI platforms, distributed AIDC infrastructure, Pre‑6G and edge AI, cybersecurity, and multi-orbit satellite and submarine cable networks, while pushing growth in IDC and cloud, sovereign AI, hybrid cloud, edge AI, PQC and digital signatures, big data, and satellite services, as well as its MOD and Hami Video content platforms and strategic AI-related and sustainability-linked investments and spin-offs. For 2026, Chunghwa Telecom forecasts consolidated revenue of NT$241.99–243.68 billion, a 2.5–3.2% rise from 2025, driven mainly by mobile, broadband, data communications and emerging AI- and sustainability-related businesses, alongside a 3.5–3.7% increase in operating costs and expenses tied to infrastructure build-out, enhanced employee benefits, and network and security upgrades; operating income is projected to be broadly flat at NT$48.14–49.66 billion, with income before tax and EPS expected to be roughly stable year-on-year. Capital expenditure is slated to rise by NT$4.07 billion to NT$31.91 billion to fund new submarine cables, satellite networks, cloud AI data centers, and resilience upgrades, while the company simultaneously advances a comprehensive ESG agenda, including decarbonization, renewable energy procurement, carbon offset projects, digital inclusion, and strong governance aligned with international sustainability and anti-bribery standards, reinforcing its positioning as a trusted, sustainability-focused telecom and digital infrastructure leader.

The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Solid 2025 Results as Prosecutors Raid Local Offices
Jan 13, 2026

On January 5, 2026, the Taiwan Yilan District Prosecutors Office, working through the Yilan Investigation Branch of the Investigation Bureau under the Ministry of Justice, raided the staff offices of Chunghwa Telecom’s local business operation centers, with the company stating it fully cooperated with the investigation and that the probe had no impact on its finances or business at the time. On January 12, 2026, Chunghwa Telecom reported unaudited consolidated operating results for December 2025, posting monthly revenue of about NT$23.26 billion and net income attributable to shareholders of NT$2.68 billion, and for the full year 2025 revenue of approximately NT$236.11 billion, net income of NT$38.69 billion and earnings per share of NT$4.99, reflecting a 2.67% year-on-year rise in annual net sales despite a 6.76% drop in December sales; the company also disclosed conservative financial positions with no intercompany lending, limited guarantees, and modest derivative exposures, underscoring stable operations despite the recent legal scrutiny.

The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Subsidiary Signs Related-Party Office Lease, Schedules Q4 2025 Results Call
Dec 29, 2025

On December 24, 2025, Chunghwa Telecom’s subsidiary CHT InventAI Co., Ltd. approved and executed a related-party lease with its parent company for several office premises in Taipei City, Taoyuan City, and Hsinchu County, covering 355.51–368.51 square meters over a two-year term from February 1, 2026 to January 31, 2028. The transaction, valued at a total of NT$2.076 million with a recognized right-of-use asset of NT$1.933 million, was negotiated based on market conditions and authorized by CHT InventAI’s board and supervisors to support the subsidiary’s office requirements as part of the group’s broader business planning. In a separate move, Chunghwa Telecom scheduled an institutional investor teleconference for February 3, 2026, to discuss its fourth-quarter 2025 financial results, signaling continued engagement with capital markets and providing investors with updated visibility on the company’s operational and financial performance.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Announces Retirement of Senior Executive Vice President and Training Institute Leadership Change
Dec 22, 2025

Chunghwa Telecom Co., Ltd. reported a senior management change following the December 18, 2025 retirement of Administration Senior Executive Vice President Wei-Kuo Hong, who also concurrently served as President of the Telecommunication Training Institute. The company stated that there is currently no direct successor named for the role of Administration Senior Executive Vice President, while the vacancy of President of the Telecommunication Training Institute will be filled on a concurrent basis by Tian-Tsair Su, President of Telecommunication Laboratories, effective December 31, 2025, a move that consolidates leadership over its training and research arms and may help maintain continuity in internal talent development and technical capabilities.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Subsidiary Acquires Right-of-Use Asset
Dec 15, 2025

On December 11, 2025, Honghwa International Corporation, a subsidiary of Chunghwa Telecom Co., announced the acquisition of a right-of-use asset from its parent company. This transaction involved 290 leased stores, with a total transaction amount of NT$108,394,068. The decision to acquire from a related party was based on cost and business requirements, with the board of directors approving the transaction on the same date. This strategic move is expected to enhance Chunghwa Telecom’s service channels, potentially strengthening its market position.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Strong November 2025 Financial Results
Dec 10, 2025

On December 10, 2025, Chunghwa Telecom announced its unaudited operating results for November 2025, reporting a revenue of approximately NT$21.45 billion and a net income of NT$3.46 billion. The company’s earnings per share for November were NT$0.44, with an EBITDA of NT$7.18 billion. For the eleven months ending November 30, 2025, Chunghwa Telecom’s revenue reached NT$212.85 billion, marking a 3.82% increase compared to the same period in 2024. These results underscore the company’s stable financial performance and its strong position in the telecommunications market.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Faces Office Raid and Commits to Renewable Energy
Dec 8, 2025

On December 3, 2025, Chunghwa Telecom’s local business operation centers were raided by the Taiwan Taoyuan District Prosecutors Office as part of an investigation, with the company fully cooperating and reporting no financial or business impact. Additionally, on December 5, 2025, Chunghwa Telecom announced a significant step towards sustainability by purchasing renewable energy from GREENET CO., LTD., aiming to reduce carbon emissions by 50% and achieve 100% renewable energy usage in data centers by 2030, with further goals set for 2040 and 2045.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Enhances Infrastructure with Ericsson Equipment Purchase
Dec 1, 2025

On November 27, 2025, Chunghwa Telecom participated in an investor conference hosted by IBF Securities, showcasing its strategic initiatives and financial outlook. Additionally, on November 28, 2025, the company announced a significant purchase of mobile broadband service equipment from Ericsson Taiwan Ltd., valued at NT$1.196 billion. This acquisition is expected to enhance Chunghwa Telecom’s infrastructure capabilities, potentially strengthening its market position in the telecommunications industry.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Subsidiary Acquires Assets and Expands Infrastructure
Nov 24, 2025

On November 18, 2025, Chunghwa Telecom’s subsidiary, Honghwa International Corporation, announced the acquisition of right-of-use assets from its parent company, Chunghwa Telecom, for office premises in Taichung City and Taipei City. Additionally, Chunghwa Telecom announced the purchase of mobile broadband service equipment from Ericsson Taiwan Ltd., indicating a strategic move to enhance its telecommunications infrastructure and service offerings.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Acquires Nokia Equipment and Engages Investors
Nov 17, 2025

On November 11, 2025, Chunghwa Telecom Co. announced the acquisition of mobile broadband service equipment from Nokia, valued at NT$2.969 billion, to enhance its mobile broadband construction project. Additionally, the company will participate in an investor conference hosted by JPMorgan on November 18, 2025, in Hong Kong, indicating its proactive engagement with investors and stakeholders.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Positive Financial Results for October 2025
Nov 10, 2025

On November 10, 2025, Chunghwa Telecom Co., Ltd. announced its unaudited operating results for October 2025, reporting a revenue of approximately NT$20.93 billion and a net income attributable to stockholders of NT$3.15 billion. The company also noted a 4.05% increase in net sales for October 2025 compared to the same month in 2024, reflecting a positive trend in its financial performance. This announcement highlights Chunghwa Telecom’s stable financial position and its continued growth in the telecommunications sector, which could have favorable implications for its stakeholders.

The most recent analyst rating on (CHT) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Financial Statement Differences as of September 2025
Nov 10, 2025

On November 10, 2025, Chunghwa Telecom Co., Ltd. reported differences in its consolidated financial statements for the nine months ending September 30, 2025, under Taiwan-IFRSs and IFRSs. The discrepancies mainly arose from the timing of income tax recognition on unappropriated earnings and the treatment of revenue from connection fees and prepaid phone cards. Despite these differences, the company’s earnings distribution and stockholders’ equity matters remain aligned with Taiwan-IFRSs, reflecting its adherence to local accounting standards.

The most recent analyst rating on (CHT) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Strong Financial Results for Nine Months Ending September 2025
Nov 7, 2025

On November 7, 2025, Chunghwa Telecom Co., Ltd. announced its consolidated financial statements for the nine months ending September 30, 2025, which were approved by the Board of Directors. The company reported an operating revenue of 170,463,142 thousand NTD, with a net profit of 30,655,286 thousand NTD, showcasing a robust financial performance. The announcement underscores Chunghwa Telecom’s strong financial health and solidifies its position in the telecommunications industry, reflecting positively on its operational efficiency and stakeholder value.

The most recent analyst rating on (CHT) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Chunghwa Telecom Reports Strong Q3 2025 Results with Revenue Growth
Nov 6, 2025

On November 6, 2025, Chunghwa Telecom reported its un-audited consolidated operating results for the third quarter of 2025, showcasing a 4.2% increase in total revenue to NT$ 57.92 billion. The company achieved significant growth in its Consumer and Enterprise Business Groups, with the latter seeing a 14.5% rise in ICT revenue. Despite a decrease in the International Business Group’s revenue, Chunghwa’s overall performance exceeded expectations, driven by robust 5G adoption and successful high-speed migration initiatives. The company also highlighted its strategic moves in AI innovation and sustainability, including the establishment of the InventAI subsidiary and the issuance of a NT$3.5 billion sustainability bond, underscoring its commitment to ESG goals and future-ready infrastructure.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
AT&T Secures $29.5 Billion Credit Agreements
Positive
Nov 3, 2025

On November 3, 2025, AT&T Inc. announced the execution of a $12 billion Second Amended and Restated Credit Agreement and a $17.5 billion Delayed Draw Term Loan Credit Agreement. These agreements, involving Citibank and Bank of America, are designed to support the company’s general corporate purposes and potential acquisitions, such as additional spectrum. The credit facilities include various interest rate options and financial covenants, reflecting AT&T’s strategic financial management and positioning in the telecommunications industry.

The most recent analyst rating on (T) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on AT&T stock, see the T Stock Forecast page.

Chunghwa Telecom Subsidiary Acquires Right-of-Use Asset
Nov 3, 2025

On October 28, 2025, CHT InventAI Co., Ltd., a subsidiary of Chunghwa Telecom Co., Ltd., announced the acquisition of a right-of-use asset from its parent company. This transaction, involving office premises located in Taipei City, is part of the company’s strategic business planning. The lease agreement, set to begin on November 1, 2025, and run through December 31, 2027, reflects Chunghwa Telecom’s efforts to optimize its operational infrastructure. The decision was made by the Board of Directors, emphasizing the company’s commitment to aligning its resources with its business objectives.

The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 03, 2026