Novatek stock rises to TWD 546.00, 9.90 percent below its high
Published on 10/13/2026 at 15:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNovatek stock rose 3.21 percent to TWD 546.00 on TWSE on October 13, 2026, leaving the shares 9.90 percent below the TWD 606.00 52-week high. Novatek was last at TWD 546.00 at 1:30 p.m. TST, while the session range stood at TWD 522.00 to TWD 551.00.
Second-quarter revenue rises
According to Yahoo Finance, Novatek reported TWD 28.66 billion in revenue for the second quarter of 2026, up 23.80 percent from the first quarter and 9.60 percent from the year-earlier quarter. Gross profit reached TWD 12.16 billion, an increase of 28.10 percent from the second quarter of 2025.
The gross margin was 42.42 percent in the second quarter, up 3.36 percentage points from the first quarter and 6.12 percentage points from the year-earlier period. The company guided for third-quarter revenue of TWD 30.00 billion to TWD 31.20 billion and a gross-margin range of 38.50 percent to 41.50 percent in the August 6, 2026 earnings call.
Stock remains below its yearly high
Novatek's TWD 546.00 price sits within the TWD 352.00 to TWD 606.00 52-week range. The distance to the high is 9.90 percent, while the session volume was 4,239,832 shares against an average volume of 3,704,595 shares.
The price move places Novatek ahead of MediaTek and Realtek on the day. MediaTek fell 2.16 percent, while Realtek gained 1.61 percent, giving investors a clear contrast within Taiwan's semiconductor group.
Valuation and fair value
Novatek's market capitalization was TWD 332.2 billion and its price-to-earnings ratio was 19.06 on October 13, 2026. The latest reported earnings per share was TWD 10.39 for the second quarter of 2026.
Simply Wall St placed its model fair value at TWD 529.72 on October 11, 2026, below the current TWD 546.00 price by 3.07 percent. That gap keeps valuation in view even as recent revenue and margin figures show sequential improvement.
Comparison with peers
Novatek (TWSE, TWD): plus 3.21 percent, P/E 19.06, market capitalization TWD 332.2 billion.
MediaTek (TWSE, TWD): minus 2.16 percent, P/E 74.68, market capitalization TWD 7.2 trillion.
Realtek (TWSE, TWD): plus 1.61 percent, P/E 27.85, market capitalization TWD 388.8 billion.
Price and investor perspective
Novatek's stock performance combines a 3.21 percent daily advance with a 9.90 percent gap to its yearly high. The key operating comparison is the second-quarter gross margin of 42.42 percent against 38.50 percent to 41.50 percent guided for the third quarter.
Novatek Microelectronics stock facts
- Company: Novatek Microelectronics Corp.
- ISIN: TW0003034005
- Ticker: 3034.TW
- Primary exchange: Taiwan Stock Exchange
- Price on October 13, 2026 at 1:30 p.m. TST: TWD 546.00
- Change versus prior close: plus 3.21 percent
- Prior close: TWD 529.00
- Market capitalization: TWD 332.2 billion (as of October 13, 2026)
- 52-week range: TWD 352.00-TWD 606.00 (as of October 13, 2026)
- Sector / Industry: Technology / Semiconductors
Market context: Market report TAIEX.
