Wan Hai stock: Capital Securities upgrades target to TWD 140.00

Published on 10/21/2026 at 17:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September revenue hit TWD 21.80 billion, up 97.63 percent. Wan Hai stock was TWD 116.50 on October 21, 2026 at 1:30 p.m. CST, down 0.43 percent.

Target and operating figures

Capital Securities upgraded Wan Hai Lines from Neutral to Buy and set a TWD 140.00 target on October 13, 2026.
September revenue reached TWD 21.80 billion, up 97.63 percent year over year.
Wan Hai stock stood at TWD 116.50 on October 21, 2026 at 1:30 p.m. CST, down 0.43 percent on Taiwan's exchange.

Wan Hai, TW0002615002, Illustration mit AI erstellt.

Capital Securities upgraded Wan Hai Lines from Neutral to Buy and set a TWD 140.00 price target on October 13, 2026, according to MarketScreener. Wan Hai stock was TWD 116.50 on October 21, 2026 at 1:30 p.m. CST, down 0.43 percent on Taiwan's exchange.

September revenue sets the pace

Wan Hai reported September revenue of TWD 21.80 billion, a 97.63 percent increase from the same month a year earlier, Taiwan News reported on October 13, 2026. The monthly figure exceeded TWD 20.00 billion for the first time since July 2024, giving the container carrier a concrete operating marker beyond the share price.

Stock range and valuation

The Taiwan-listed stock traded within a TWD 115.00 to TWD 118.50 day range on October 21, 2026. Its 52-week range was TWD 73.10 to TWD 134.50, while volume reached 10,182,278 shares. The year-to-date gain was 48.48 percent through October 20, 2026.

What comes next for earnings

Wan Hai's second-quarter 2026 revenue was TWD 42.90 billion and net income was TWD 11.54 billion. Net income therefore rose from TWD 7.68 billion in the first quarter to TWD 11.54 billion in the second quarter, while earnings per share increased from TWD 2.73 to TWD 4.11. StockAnalysis lists November 13, 2026 as the estimated next earnings date for the company, alongside a TWD 128.80 average analyst target and a 7.94 price-to-earnings ratio, StockAnalysis reports.

Comparison with peers

Wan Hai: down 0.43 percent, price-to-earnings ratio 7.94, market capitalization TWD 324.1 billion.

Evergreen Marine: down 0.77 percent, price-to-earnings ratio 10.22, market capitalization TWD 557.5 billion.

Yang Ming Marine: down 0.16 percent, price-to-earnings ratio 14.02, market capitalization TWD 216.9 billion.

Target leaves room above the quote

The TWD 140.00 Capital Securities target stood 20.17 percent above Wan Hai's TWD 116.50 quote on October 21, 2026. That gap is a valuation reference, not a forecast, while the latest revenue figure provides the stronger operating signal.