Citi confirmed TWD 4,350 target for Asia Vital Components stock
Published on 10/21/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue growth and earnings
- On October 8, 2026, Citi confirmed a TWD 4,350 target.
- Second-quarter revenue was TWD 49.12 billion and net income was TWD 9.57 billion.
- Asia Vital Components stock was last at TWD 3,235.00 on October 21, 2026 at 1:30 p.m. TST.
Asia Vital Components (ISIN TW0003017000) had a TWD 4,350 target confirmed by Citi on October 8, 2026, while September revenue reached TWD 210.18 billion, up 44.92 percent year over year, according to IT Boltwise. The combination gives the cooling-systems supplier a fresh test: can rapid sales growth continue to translate into earnings power?
September revenue sets the marker
The September figure was the latest company-specific operating signal in the available reporting window. The same report said August revenue was TWD 194.81 billion, putting September revenue 7.89 percent higher month over month, while third-quarter revenue reached TWD 590.89 billion, up 20.29 percent from the second quarter, according to IT Boltwise.
The latest completed quarterly accounts provide the earnings check. Asia Vital Components reported TWD 49.12 billion of revenue and TWD 9.57 billion of net income for the second quarter of 2026. Earnings per share reached TWD 24.37, compared with TWD 10.30 in the second quarter of 2025, according to Simply Wall St.
Three milestones shape the story
On May 15, 2026, the first-quarter release showed TWD 49.0 billion of revenue and TWD 7.92 billion of net income. On August 14, 2026, the second-quarter update showed TWD 49.1 billion of revenue and TWD 9.57 billion of net income, according to Simply Wall St.
On October 8, 2026, September revenue reached TWD 210.18 billion and Citi confirmed a TWD 4,350 target, according to IT Boltwise. This chronology shows why the September number matters: it extends a sequence that already includes two quarters of sharply higher earnings.
What does the target imply?
Citi's TWD 4,350 target stands 25.63 percent above the October 21, 2026 Taiwan quote of TWD 3,235.00. The target is an analyst view, not a company forecast, and the cited risk factors include slower AI-server adoption, delayed high-margin orders and weaker end demand.
Taiwan quote sets the reference
The Taiwan Stock Exchange quote was last at TWD 3,235.00 on October 21, 2026 at 1:30 p.m. TST. That price was 25.63 percent below Citi's TWD 4,350.00 target, as reported by IT Boltwise.
Asia Vital Components facts
- Company: Asia Vital Components Co., Ltd.
- ISIN: TW0003017000
- Ticker: 3017
- Primary exchange: Taiwan Stock Exchange
- Price Taiwan Stock Exchange (as of October 21, 2026, 1:30 p.m. TST): TWD 3,235.00
- Sector / Industry: Technology / Hardware, Equipment & Parts
Market context: Market report TAIEX.
