Morgan Stanley raised target for ASE Technology stock to TWD 308

Published on 10/12/2026 at 12:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley raised its target from TWD 228 to TWD 308 on October 6, 2026. ASE Technology stock costs EUR 42.30 on October 12, 2026.

Key points in brief

Morgan Stanley raised its ASE Technology target from TWD 228 to TWD 308 on October 6, 2026.
ASE Technology reported second-quarter ATM revenue of TWD 126.10 billion, up 36.00 percent year over year.
ATM gross margin rose to 27.30 percent from 21.90 percent in the second quarter of 2026.
The Lang & Schwarz price was EUR 42.30 on October 12, 2026 at 12:10 p.m. CEST.
ASE Technology is listed on the NYSE under ticker ASX, with a USD 102.1 billion market capitalization as of October 9, 2026.

ASX, US00215W1009, Illustration mit AI erstellt.

ASE Technology (ISIN US00215W1009) had its Morgan Stanley target raised from TWD 228 to TWD 308 on October 6, 2026, while the company continues expanding advanced packaging capacity. Gekko reported that Morgan Stanley reiterated its Buy rating alongside the higher target. The change matters because the target revision arrived as ASE Technology positioned LEAP and other packaging services for sustained artificial intelligence demand.

Three milestones shaped the story

On April 29, 2026, ASE Technology reported adjusted earnings per share of USD 0.20 against a USD 0.15 estimate, according to Gekko. The comparison shows a USD 0.05 earnings-per-share beat.

On July 30, 2026, adjusted earnings per share reached USD 0.29 against a USD 0.23 estimate, as Gekko reported. The October 6, 2026 Morgan Stanley action then lifted the target by TWD 80, making the analyst revision the latest dated milestone in this sequence.

What does the target raise mean?

The operating evidence behind the revision is concentrated in advanced packaging. Zacks reported that second-quarter 2026 ATM revenue rose 36.00 percent year over year to TWD 126.10 billion, while ATM gross margin increased to 27.30 percent from 21.90 percent. ASE Technology also added USD 2.00 billion to its 2026 capital expenditure plan, according to Zacks, to expand LEAP capacity.

That combination gives the target change a measurable operating basis, but execution remains central. Zacks reported that ASE Technology was managing 13 greenfield and eight brownfield projects, creating a concrete capacity-delivery task through 2028 and part of 2029. The company also expects LEAP revenue to exceed USD 3.50 billion in 2026 and targets a doubling in 2027, according to Zacks.

Next date and market value

The next substantiated reporting date is October 29, 2026, before the market opens, according to Gekko. Its estimates call for USD 0.34 in earnings per share and USD 7.21 billion in revenue for that report, giving investors two figures against which the capacity strategy will be measured.

ASE Technology had a USD 102.1 billion market capitalization on October 9, 2026, while its NYSE range for the preceding 52 weeks was USD 11.07 to USD 47.93, according to Gekko. The euro quote is a separate German-market reference and is not combined with those USD figures.

Lang and Schwarz quote

ASE Technology was trading at EUR 42.30 at Lang & Schwarz on October 12, 2026 at 12:10 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ASE Technology stock.