Merida Industry stock rises 1.97 percent after Q2 EPS miss

Published on 10/07/2026 at 07:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Merida Industry stock posted Q2 EPS of TWD 1.06 versus TWD 1.67 expected, while revenue reached TWD 6.94 billion. Eleven analysts set a TWD 100.64 average target.

Merida, TW0009914002, Illustration mit AI erstellt.

Merida Industry stock (ISIN TW0009914002) was trading at TWD 67.20 on the Taiwan Stock Exchange on October 7, 2026 at 12:40 p.m. TST, up 1.97 percent from the prior close of TWD 65.90. The latest quarterly figures show revenue ahead of estimates, but earnings per share below consensus.

Quarterly revenue beats estimates

For Q2 2026, revenue reached TWD 6.94 billion against a TWD 6.57 billion estimate, according to TradingView. That represents a revenue beat of TWD 370 million, while adjusted comparisons are not used because the source presents the figures as reported quarterly data.

Quarterly EPS was TWD 1.06 versus TWD 1.67 expected, a shortfall of TWD 0.61 or 36.53 percent. Net income stood at TWD 318.17 million, compared with TWD 325.66 million in the prior quarter, according to TradingView.

Analysts see substantial upside

The analyst backdrop is more constructive than the earnings comparison. Investing.com reported a Buy consensus from 11 analysts, including 8 Buy ratings, 2 Holds and 1 Sell.

The average 12-month target was TWD 100.64, with a high estimate of TWD 150 and a low estimate of TWD 78. Against the TWD 67.20 market price on October 7, 2026, the average target lies 49.76 percent above the price. The wide TWD 72 spread between the high and low targets shows that analyst expectations remain dispersed.

Stock remains below yearly high

Merida Industry's market capitalization was TWD 20.1 billion on October 7, 2026, with trading volume at 859,327 shares. The stock's 52-week range was TWD 55.10 to TWD 110, placing the current price TWD 42.80 below the yearly high.

The company makes road, mountain, urban and electric bicycles, as well as bicycle components. Eulerpool identifies Merida Industry as a Taiwan-based bicycle manufacturer in the cyclical consumer sector and leisure products industry.

Merida Industry stock trades at TWD 67.20

Merida Industry stock stood at TWD 67.20 on the Taiwan Stock Exchange on October 7, 2026 at 12:40 p.m. TST, with a 1.97 percent daily gain. The next reported earnings date listed by TradingView is November 16, 2026.