JPMorgan sees TWD 332.00 target for Evergreen Marine stock
Published on 10/14/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan keeps shipping target elevated
- JPMorgan listed a TWD 332.00 target for Evergreen Marine on October 13, 2026, 26.24 percent above the price.
- Second-quarter revenue rose 21.60 percent to TWD 105.16 billion.
- Evergreen Marine stock was last at TWD 263.00 on Taiwan Stock Exchange on October 14, 2026 at 1:30 p.m. TST, down 0.38 percent.
- Evergreen Marine traded at a P/E ratio of 10.44 on October 14, 2026.
JPMorgan listed Evergreen Marine at Overweight with a TWD 332.00 target on October 13, 2026, according to JPMorgan. The target lies 26.24 percent above the TWD 263.00 price, giving the analyst view a clear numerical gap.
Second-quarter revenue accelerates
Evergreen Marine reported second-quarter revenue of TWD 105.16 billion, up 21.60 percent from the same period a year earlier. The figure was reported by JCtrans for the second quarter of 2026.
The same report put second-quarter net profit at TWD 16.03 billion, an increase of 46.33 percent year over year, while earnings per share reached TWD 7.41. Revenue growth and profit growth therefore moved at different rates, a useful distinction when assessing the carrier's operating leverage.
Price nears its yearly high
Evergreen Marine was last at TWD 263.00 on Taiwan Stock Exchange on October 14, 2026 at 1:30 p.m. TST, down 0.38 percent from the previous close of TWD 264.00. The session range was TWD 259.00 to TWD 267.50, while the 52-week range ran from TWD 178.00 to TWD 267.50.
The latest price was 1.68 percent below the 52-week high. Trading volume reached 20,249,906 shares, compared with an average volume of 12,619,060 shares, putting turnover at 1.61 times the average.
Valuation metrics
Evergreen Marine had a market capitalization of TWD 569.4 billion and a P/E ratio of 10.44 on October 14, 2026. Its dividend yield was 0.06 percent, keeping the valuation picture centered on earnings rather than income distribution.
Comparison with peers
Evergreen Marine: down 0.38 percent, P/E 10.44, market capitalization TWD 569.4 billion.
Yang Ming Marine Transport (Taiwan Stock Exchange, TWD): up 0.78 percent, P/E 14.67, market capitalization TWD 227.0 billion.
Wan Hai Lines (Taiwan Stock Exchange, TWD): up 2.88 percent, P/E 8.59, market capitalization TWD 350.8 billion.
Market position in Taiwan
Evergreen Marine operates in the Industrials sector and Marine Shipping industry. Its TWD 332.00 JPMorgan target and the TWD 105.16 billion second-quarter revenue figure provide the two clearest reference points for reading the stock's current position alongside its Taiwan-listed peers.
Market context: Market report TAIEX.
Evergreen Marine market data
- Company: Evergreen Marine Corporation (Taiwan) Ltd.
- ISIN: TW0002603008
- Ticker: 2603.TW
- Primary exchange: Taiwan Stock Exchange
- Price Taiwan Stock Exchange (as of October 14, 2026, 1:30 p.m. TST): TWD 263.00
- Change versus previous close: minus 0.38 percent
- Previous close Taiwan Stock Exchange (October 13, 2026): TWD 264.00
- Market capitalization: TWD 569.4 billion (as of October 14, 2026)
- 52-week range: TWD 178.00-267.50 (as of October 14, 2026)
- Sector / Industry: Industrials / Marine Shipping
- Index membership: TAIEX
Market context: Market report TAIEX.
