ASE Technology (NYSE:ASX) Sets New 1-Year High After Earnings Beat

ASE Technology Holding Co., Ltd. (NYSE:ASX)’s stock price reached a new 52-week high during trading on Friday following a stronger than expected earnings report. The company traded as high as $21.01 and last traded at $21.0860, with a volume of 3225013 shares traded. The stock had previously closed at $20.26.

The semiconductor company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.01. The business had revenue of $5.67 billion during the quarter, compared to analysts’ expectations of $5.47 billion. ASE Technology had a return on equity of 12.39% and a net margin of 6.31%.

Key Stories Impacting ASE Technology

Here are the key news stories impacting ASE Technology this week:

• Positive Sentiment: Q4 results beat consensus: ASE reported $0.21 EPS vs. $0.20 expected and revenue of $5.67B vs. $5.47B consensus — investors viewed this as an earnings “blowout.” ASE Technology (ASX) Climbs 6.7% on Earnings Blowout
• Positive Sentiment: Management is targeting a $3.2B LEAP (advanced packaging) revenue target for 2026, citing strong AI demand — this roadmap supports revenue upside and investor optimism about ASE’s exposure to AI supply chains. ASE Technology targets $3.2B LEAP revenue in 2026 driven by AI demand and advanced packaging
• Positive Sentiment: Official financial release: ASE reported NT$177,915M in 4Q25 net revenues — +9.6% YoY and +5.5% sequentially, confirming broad top-line strength across the business. ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Fourth Quarter and the Full Year of 2025
• Neutral Sentiment: Management commentary and slides from the earnings presentation provide detail on margin trends, capacity expansion and product mix; investors should review the deck/transcript for specifics on timing and capex. ASE Technology Holding Co., Ltd. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Full earnings call transcript is available for detail on customer demand, China/Taiwan exposure and near-term guidance — useful for assessing execution risk. ASE Technology Holding Co., Ltd. (ASX) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Valuation and execution risk: ASE trades at a relatively rich P/E (~42); much of the upside is tied to achieving LEAP/AI revenue targets — a miss or slower AI demand could pressure the stock.

Wall Street Analyst Weigh In

ASX has been the subject of a number of recent research reports. Nomura upgraded shares of ASE Technology from a “neutral” rating to a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of ASE Technology in a report on Wednesday, January 21st. Zacks Research lowered shares of ASE Technology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Finally, Wall Street Zen lowered ASE Technology from a “buy” rating to a “hold” rating in a research report on Sunday, January 4th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Trading of ASE Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in ASX. Americana Partners LLC lifted its holdings in ASE Technology by 9.5% in the fourth quarter. Americana Partners LLC now owns 17,451 shares of the semiconductor company’s stock valued at $281,000 after acquiring an additional 1,512 shares during the last quarter. Global Retirement Partners LLC raised its position in ASE Technology by 1,096.8% in the fourth quarter. Global Retirement Partners LLC now owns 70,865 shares of the semiconductor company’s stock valued at $1,141,000 after purchasing an additional 64,944 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of ASE Technology by 0.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 120,598 shares of the semiconductor company’s stock valued at $1,942,000 after purchasing an additional 643 shares during the last quarter. Profund Advisors LLC grew its holdings in shares of ASE Technology by 21.1% during the 4th quarter. Profund Advisors LLC now owns 112,432 shares of the semiconductor company’s stock worth $1,810,000 after purchasing an additional 19,570 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of ASE Technology by 3.0% during the 4th quarter. HighTower Advisors LLC now owns 43,176 shares of the semiconductor company’s stock worth $695,000 after purchasing an additional 1,252 shares during the last quarter. Institutional investors and hedge funds own 6.80% of the company’s stock.

ASE Technology Stock Up 3.4%

The stock has a market capitalization of $46.45 billion, a price-to-earnings ratio of 36.10, a P/E/G ratio of 0.86 and a beta of 1.48. The business has a 50-day moving average of $17.32 and a 200-day moving average of $13.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.88 and a current ratio of 1.13.

ASE Technology Company Profile

ASE Technology Holding Co, Ltd. (NYSE: ASX), commonly referred to as ASE, is a Taiwan-based provider of semiconductor assembly and testing services. The company focuses on back-end semiconductor manufacturing and related services that prepare integrated circuits and other semiconductor devices for final use. Its core activities include advanced IC packaging, final testing, wafer probing, and related engineering and supply-chain support for semiconductor customers.

ASE offers a range of products and technical capabilities designed to meet increasingly complex packaging and system-in-package requirements.