ASE Technology stock: BofA cites 20.00 percent IC ATM growth for ASE Technology stock
Published on 10/21/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSegment growth and valuation
- BofA highlighted IC ATM revenue growth on October 13, 2026.
- EMS revenue rose 42.00 percent quarter over quarter in third-quarter 2026.
- ASE Technology stock costs EUR 37.70 at Lang & Schwarz on October 21, 2026 at 5:01 p.m. CEST.
- The stock had a USD 93.1 billion market capitalization on October 21, 2026.
ASE Technology stock: IC ATM revenue rose 20.00 percent quarter over quarter in the third quarter of 2026, according to Investing.com on October 13, 2026. ASE Technology stock was trading at EUR 37.70 at Lang & Schwarz on October 21, 2026 at 5:01 p.m. CEST.
IC ATM growth leads the update
The segment increase was stronger than BofA's 13.00 percent estimate for the quarter. The report also said EMS revenue rose 42.00 percent quarter over quarter, above the firm's 40.00 percent projection.
According to Investing.com, BofA also projected IC ATM gross margin at 30.00 percent, an increase of 3.00 percentage points from the prior quarter. Consolidated gross margin was projected at 23.00 percent, up 1.80 percentage points quarter over quarter.
What does the target imply?
BofA raised its target from USD 51.00 to USD 58.00 while maintaining a Buy rating, the October 13, 2026 report said. At the same time, the analyst view puts more weight on packaging utilization, average selling prices and the ramp of LEAP business than on a single revenue number.
Trading range and valuation
ASE Technology's NYSE-listed shares were last at USD 42.32 on October 21, 2026 at 11:06 a.m. ET. The stock's 52-week range was USD 12.31 to USD 47.93, and its market capitalization was USD 93.1 billion on the same date. The price earnings ratio was 50.86, while the dividend yield was 0.01 percent.
Stock stays below its yearly high
The distance between the USD 42.32 share price and the USD 47.93 52-week high leaves the stock below its yearly peak. Trading volume reached 1,688,892 shares by the quoted NYSE time, giving investors a current measure of activity alongside the segment figures.
ASE Technology was trading at EUR 37.70 at Lang & Schwarz on October 21, 2026 at 5:01 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ASE Technology stock.
ASE Technology stock facts
- Company: ASE Technology Holding Co., Ltd.
- ISIN: US00215W1009
- Ticker: ASX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 21, 2026, 5:01 p.m. CEST): EUR 37.70
- Market capitalization: USD 93.1 billion (as of October 21, 2026)
- 52-week range: USD 12.31-47.93 (as of October 21, 2026)
- Sector / Industry: Information Technology / Semiconductors and Semiconductor Equipment
Market context: Market report S&P 500.
