Hon Hai (Foxconn) stock fell 1.56 percent after AI revenue beat
Published on 10/07/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSHon Hai (Foxconn) stock was last at TWD 252 on the Taiwan Stock Exchange on October 7, 2026, down 1.56 percent from the previous close. The move followed a record revenue update that put artificial intelligence demand at the center of the company story.
Third-quarter revenue beats forecasts
According to Yahoo Finance on October 5, 2026, unaudited consolidated revenue for the July to September quarter reached TWD 3.03 trillion, up 47 percent from the same period a year earlier. The figure exceeded the TWD 2.83 trillion LSEG SmartEstimate cited in the report.
The same Yahoo Finance report said September revenue rose 38 percent year over year to a record TWD 1.16 trillion. It was the first month in which Hon Hai's sales exceeded TWD 1 trillion, with cloud and networking products and smart consumer electronics supporting the increase.
AI growth meets a margin test
The revenue result strengthens the case for Hon Hai's server exposure, but the next earnings release will show whether sales growth is translating into profit at the same pace. The complete third-quarter results are scheduled for November 12, 2026, according to Yahoo Finance.
The market is still assigning a higher value to the earnings outlook. MarketScreener lists a BUY consensus from 21 analysts and an average target of TWD 347.45. That target is 37.9 percent above the October 7 price of TWD 252.
Stock remains below yearly high
Hon Hai's October 7 market capitalization was TWD 3.5 trillion, while the 52-week range stood at TWD 187.50 to TWD 314. The stock's current level is 19.7 percent below the yearly high, leaving the upcoming earnings release as the next test for the AI-led revenue narrative.
Hon Hai (Foxconn) stock was last at TWD 252 on the Taiwan Stock Exchange on October 7, 2026, at 1:30 p.m. CST, after opening at TWD 254 and trading between TWD 251.50 and TWD 254.50.
Hon Hai (Foxconn) stock facts
- Company: Hon Hai Precision Industry Co., Ltd.
- ISIN: US4380908057
- Ticker: 2317
- Trading venue: Taiwan Stock Exchange
- Price (as of October 7, 2026, 1:30 p.m. CST): TWD 252
- Market capitalization: TWD 3.5 trillion (as of October 7, 2026)
- 52-week range: TWD 187.50-314 (as of October 7, 2026)
- Sector / Industry: Technology / Electronic Equipment and Parts
Upcoming dates for Hon Hai (Foxconn) stock
- November 12, 2026: Full third-quarter results
