Novatek stock gets TWD 545.00 consensus target from 18 analysts
Published on 10/14/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and quarterly figures
- The consensus target was TWD 545.00 on October 13, 2026.
- Second-quarter revenue reached TWD 28.66 billion in 2026.
- Novatek stock stood at TWD 560.00 on October 14, 2026 at 1:30 p.m. TST, up 2.56 percent versus the TWD 546.00 close of October 13, 2026.
- The price-to-earnings ratio was 19.55 and market capitalization was TWD 340.8 billion on October 14, 2026.
Novatek stock gets a TWD 545.00 consensus target from 18 analysts, while the share price stood 2.75 percent above that target on October 14, 2026. ToAlpha listed the consensus target at TWD 545.00 and the analyst split at 5 buy, 11 hold and 2 sell ratings. Novatek stock stood at TWD 560.00 in Taiwan at 1:30 p.m. TST, up 2.56 percent from the TWD 546.00 close of October 13, 2026.
Second-quarter revenue reaches TWD 28.66 billion
Novatek reported TWD 28.66 billion in second-quarter 2026 revenue, compared with TWD 26.15 billion in the same quarter of 2025. That implies growth of 9.59 percent year over year. Simply Wall St also reported that net income rose from TWD 3.74 billion to TWD 6.33 billion over the same period, lifting net margin from 14.30 percent to 22.10 percent.
Price stays below the yearly high
The Taiwan-listed share traded between TWD 537.00 and TWD 562.00 on October 14, 2026. Its 52-week range was TWD 352.00 to TWD 606.00, placing the current price 7.59 percent below the high and 59.09 percent above the low.
Trading volume reached 5,072,614 shares against an average of 3,547,681 shares. The current volume was 42.99 percent above that average, giving the session a stronger turnover profile than the recent norm.
Valuation and peer readings
Novatek had a market capitalization of TWD 340.8 billion, a price-to-earnings ratio of 19.55 and a trailing dividend yield of 0.04 percent on October 14, 2026. Those figures place the stock below MediaTek's price-to-earnings ratio of 73.86, while Novatek's market value remains far smaller than MediaTek's TWD 7.1 trillion.
Comparison with peers
Novatek (TWSE, TWD): plus 2.56 percent, price-to-earnings ratio 19.55, market capitalization TWD 340.8 billion
MediaTek (TWSE, TWD): minus 1.10 percent, price-to-earnings ratio 73.86, market capitalization TWD 7.1 trillion
Test Research (TWSE, TWD): plus 0.33 percent, price-to-earnings ratio 23.28, market capitalization TWD 72.5 billion
Taiwan trading closes near the yearly high
Novatek's TWD 560.00 price on October 14, 2026 at 1:30 p.m. TST was 2.56 percent above the TWD 546.00 close of October 13, 2026, but still 7.59 percent below the 52-week high of TWD 606.00. The combination of rising second-quarter revenue and a consensus target below the market price leaves the valuation gap as the central market reference.
Novatek market data
- Company: Novatek Microelectronics Corp.
- ISIN: TW0003034005
- Ticker: 3034
- Primary exchange: Taiwan Stock Exchange
- Price Taiwan Stock Exchange (as of October 14, 2026, 1:30 p.m. TST): TWD 560.00
- Change versus October 13, 2026 close: plus 2.56 percent
- Close October 13, 2026: TWD 546.00
- Market capitalization: TWD 340.8 billion (as of October 14, 2026)
- 52-week range: TWD 352.00-606.00 (as of October 14, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report TAIEX.
