Novatek stock: Bernstein keeps TWD 490.00 target for Novatek stock

Published on 10/19/2026 at 15:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The 52-week high stood at TWD 606.00 on October 19, 2026. Novatek stock costs TWD 585.00 at 1:30 p.m. TST, up 1.39 percent on TWSE.

Analyst target and trading position

Bernstein maintained a TWD 490.00 target for Novatek on October 9, 2026.
Novatek stock stood 3.47 percent below its TWD 606.00 52-week high on October 19, 2026.
Novatek stock costs TWD 585.00 at 1:30 p.m. TST on October 19, 2026, up 1.39 percent versus the TWSE prior close.
Novatek is scheduled to report earnings on November 5, 2026, with a trailing price-to-earnings ratio of 20.42.

Novatek, TW0003034005, Illustration mit AI erstellt.

Bernstein maintained a TWD 490.00 price target and a Hold rating for Novatek on October 9, 2026, according to Investing.com. The target is 16.24 percent below Novatek's TWD 585.00 share price. Novatek stock was last at TWD 585.00 on the TWSE at 1:30 p.m. TST on October 19, 2026, up 1.39 percent from the TWSE prior close of TWD 577.00.

Stock stays below the yearly high

Novatek traded 3.47 percent below its TWD 606.00 52-week high on October 19, 2026. The 52-week low was TWD 352.00, placing the stock 66.19 percent above that level. The same market data showed a day range of TWD 562.00 to TWD 588.00, while volume reached 5.00 million shares against a three-month average of 3.70 million.

Valuation and the next report

Novatek's market capitalization was TWD 356.0 billion on October 19, 2026, with a trailing price-to-earnings ratio of 20.42 and a dividend yield of 0.04 percent. Investing.com lists November 5, 2026 as the next earnings date. The valuation picture therefore combines a dated analyst target below the market price with a clearly defined reporting date.

Comparison with peers

Novatek: plus 1.39 percent, P/E 20.42, market capitalization TWD 356.0 billion
MediaTek (TWSE, TWD): minus 1.06 percent, P/E 69.40, market capitalization TWD 6.7 trillion
FocalTech Systems (TWSE, TWD): minus 1.56 percent, P/E minus 9.97, market capitalization TWD 10.9 billion

What the price position says

Novatek's October 19, 2026 gain contrasted with declines at both named peers. The stock also remained below its yearly high, while the next earnings date gives investors a defined calendar point for judging whether the recent revenue momentum is translating into earnings.

Novatek stock was last at TWD 585.00 on the TWSE on October 19, 2026 at 1:30 p.m. TST, up 1.39 percent versus the TWSE prior close of TWD 577.00.