Goldman Sachs lifts ASM Pacific stock target to HKD 183.00

Published on 10/17/2026 at 19:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ASMPT will report results October 28, 2026. ASM Pacific stock closed at HKD 138.00 on October 16, 2026, up 1.40 percent versus HKD 136.10.

Goldman Sachs raises target

Goldman Sachs lifted its ASMPT target from HKD 177.00 to HKD 183.00 on October 12, 2026.
ASMPT reported HKD 8.90 billion in first-half 2026 revenue, up 42.50 percent year over year.
ASM Pacific stock closed at HKD 138.00 at 4:08 p.m. HKT on October 16, 2026, up 1.40 percent versus HKD 136.10.
ASMPT will publish nine-month results on October 28, 2026.

ASM Pacific, KYG0535Q1331, Illustration mit AI erstellt.

Goldman Sachs raised its 12-month target for ASM Pacific (KYG0535Q1331) from HKD 177.00 to HKD 183.00 on October 12, 2026, while maintaining a Neutral rating, according to Investing.com. The new target is 32.61 percent above the HKD 138.00 closing price. ASM Pacific stock closed at HKD 138.00 at 4:08 p.m. HKT on October 16, 2026, up 1.40 percent from HKD 136.10.

Interim revenue sets the benchmark

ASMPT's six-month results ended June 30, 2026 showed revenue of HKD 8.90 billion, an increase of 42.50 percent from the comparable period. Adjusted profit reached HKD 973.00 million, up 230.50 percent, while bookings rose 85.10 percent to HKD 12.75 billion, according to Stockstar.

Stock position after October 16

The 52-week range was HKD 68.90 to HKD 244.40 as of October 16, 2026. The closing price stood 43.54 percent below the 52-week high and 100.29 percent above the 52-week low. Trading volume reached 2,876,452 shares against an average of 2,812,603.

Valuation and the next date

ASMPT had a market capitalization of HKD 57.9 billion, a P/E ratio of 38.02 and a dividend yield of 0.02 percent as of October 16, 2026. The company had scheduled a board meeting for October 27, 2026, followed by publication of nine-month results on October 28, 2026, according to TipRanks.

Comparison with peers

ASM Pacific (HKEX, HKD): plus 1.40 percent, P/E 38.02, market capitalization HKD 57.9 billion. ASM International (Euronext Amsterdam, EUR): minus 1.65 percent, P/E 34.45, market capitalization EUR 36.8 billion. Kulicke and Soffa (Nasdaq, USD): minus 5.32 percent, P/E 36.24, market capitalization USD 4.1 billion.

What investors can track next

Goldman Sachs kept a Neutral stance even after lifting its target, while ASMPT's upcoming results will provide the next reported test of its strong first-half growth. The company supplies semiconductor assembly, packaging and surface-mount technology solutions and is listed on the Hong Kong Stock Exchange.

Market context: Latest market reports.