Goldman Sachs raised target for Asus stock to TWD 1,115.00

Published on 10/13/2026 at 09:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September revenue reached TWD 97.25 billion, up 17.70 percent year over year. Next earnings for Asus stock are scheduled for November 10, 2026.

Goldman Sachs raised its 12-month Asus target from TWD 1,109.00 to TWD 1,115.00 on September 27, 2026.
Asus reported September revenue of TWD 97.25 billion, up 17.70 percent year over year.
The Taiwan-listed stock was last at TWD 966.00 on October 13, 2026, with a TWD 490.00 to TWD 1,030.00 52-week range.
Asus is scheduled to report its next earnings on November 10, 2026.

Asus, TW0002357001, Illustration mit AI erstellt.

Goldman Sachs raised its 12-month target for Asus stock from TWD 1,109.00 to TWD 1,115.00 on September 27, 2026, while keeping a Neutral rating. The report links the revision to AI server racks and a stronger PC product mix.

AI servers lift revenue expectations

According to Finvaulta, Goldman Sachs expected third-quarter 2026 revenue to rise 39.00 percent year over year and 8.00 percent quarter over quarter. The same report projected fourth-quarter 2026 revenue growth of 27.00 percent year over year, despite a 7.00 percent quarter-over-quarter decline.

The forecast shows the central tension in Asus stock: AI server demand is expanding, while high memory costs and product transitions may shift shipments between quarters. Goldman Sachs raised its 2026 to 2028 net income estimates by 4.00 percent to 7.00 percent, but retained its Neutral view.

September revenue sets a fresh benchmark

Investor.com.tw reported on October 8, 2026, that Asus generated September group revenue of TWD 97.25 billion, up 17.70 percent year over year and 2.40 percent month over month. The source also reported cumulative first-nine-month revenue of TWD 742.43 billion, up 38.50 percent year over year.

That operating cadence matters because the September result arrived after Goldman Sachs had modeled TWD 98.00 billion of revenue for the month. The small gap between the estimate and the reported figure does not erase the larger signal, which is the acceleration in AI server-related demand during the third quarter.

What does the AI shift mean for revenue?

The next test is the balance between high-growth server projects and the PC cycle. Goldman Sachs modeled third-quarter 2026 revenue at 39.00 percent year-over-year growth, while its fourth-quarter model still implied 27.00 percent growth despite a sequential decline.

For longer-term context, Eulerpool reported fiscal 2025 revenue of TWD 738.90 billion, up 25.86 percent from TWD 587.09 billion in fiscal 2024. The newer quarterly figures indicate that 2026 growth has moved above that historical pace.

Next reporting date is November 10

InvestPane lists November 10, 2026, as the next earnings date for Asus. The release should provide the next quantified update on server deliveries, PC demand and the effect of memory costs.

Asus stock stays below its yearly high

ASUSTeK Computer was last at TWD 966.00 on the Taiwan Stock Exchange on October 13, 2026 at 1:30 p.m. CST. The 52-week range was TWD 490.00 to TWD 1,030.00, while market capitalization stood at TWD 717.5 billion.