CTASMPT@EC2608A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

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588170

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UOB Kay Hian analyst maintained a Buy rating on ASMPT Ltd yesterday and set a price target of HK$142.60.Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential In a report released today, DBS also maintained a Buy rating on the stock with a HK$130.00 price target.

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UOB Kay Hian Remains a Buy on ASMPT Ltd (ASMVF)

Morgan Stanley raised the target price for ASMPT by 8% to HKD 130, expecting strong order volume to support revenue growth. Management anticipates that new orders in the semiconductor and surface assembly technology business will grow by 20% quarter-on-quarter and 40% year-on-year in the first quarter of this year. Although the high order volume is partly due to extended material delivery times, customer demand remains strong. The firm reiterated its "Overweight" rating while lowering the earnings per share forecast for 2026 and 2027 due to weak demand in the automotive and industrial markets

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Morgan Stanley raises ASMPT's target price to 130 yuan, expects strong order volume to support revenue growth

Bank of America Securities raised the target price for ASMPT to 160 yuan and reiterated a "Buy" rating. The report pointed out that ASMPT's management provided an optimistic outlook during the Q4 2025 earnings conference call, expecting growth in thermal compression bonding equipment, with a target market share of 35% to 40%. Analysis shows that thermal compression bonding is expected to account for 50% of semiconductor solution sales by 2028

"Big Banks" Bank of America Securities raises ASMPT target price to 160 yuan, reiterates "Buy"

Bank of China International released a research report, pointing out that ASMPT's performance in the fourth quarter of 2025 exceeded expectations, benefiting from AIDC demand and one-time gains from AAMI. The management's strong guidance for the first quarter of 2026 indicates that demand for artificial intelligence will continue until 2028. Bank of China International raised its profit forecast for ASMPT and increased the target price from 98 yuan to 133 yuan, maintaining a "Buy" rating

In "The Big Banks," China International Capital Corporation: ASMPT's quarterly results exceed expectations, target price raised to 133 yuan

ASMPT Limited reported its earnings for the year ending December 31, 2025, with sales of HKD 13,736.24 million, up from HKD 12,483.23 million the previous year. Net income rose to HKD 902.03 million from HKD 345.26 million. Basic earnings per share from continuing operations increased to HKD 2.61 from HKD 0.71, while diluted earnings per share also rose to HKD 2.60 from HKD 0.71. Basic earnings per share reached HKD 2.17 compared to HKD 0.83, and diluted earnings per share was HKD 2.16, up from HKD 0.83.

marketscreener

ASMPT Limited Reports Earnings Results for the Full Year Ended December 31, 2025

Hong Kong Stocks Continue Slide Amid Ongoing Middle East Conflict; ASMPT Rises

Hong Kong Stocks Continue Slide Amid Ongoing Middle East Conflict; ASMPT Rises

ASMPT (522) CEO Jensen Huang stated that the group is promoting business restructuring, considering divesting its Surface Mount Technology (SMT) business to focus on the semiconductor backend packaging sector, in order to seize opportunities in AI and high-end chips. It is expected that the gross margin of the semiconductor business will rebound to 45% by 2026. Last year, the company earned HKD 900 million, an increase of 163.6% year-on-year. Revenue from advanced packaging business grew by 30.2%, while TCB revenue surged by 146%. The company anticipates ideal industry visibility in the first half of 2026, with continued growth expected for the entire year

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ASMPT plans to restructure and is considering divesting its surface mount technology business

Macquarie raised the target price for ASMPT to 140 yuan, expecting the thermal compression bonding market to reach 1.6 billion USD by 2028, with a compound annual growth rate of 30%. Management is optimistic about high bandwidth memory, viewing it as a significant opportunity for thermal compression bonding. Macquarie also upgraded its earnings forecasts for 2026 to 2028, reflecting revenue growth driven by artificial intelligence and advanced packaging, and assigned ASMPT an "outperform" rating

Macquarie raises ASMPT's target price to 140 yuan, AI empowers structural growth

ASMPT CEO Jensen Huang stated that the company is considering divesting its Surface Mount Technology (SMT) business to focus on the end market and increase investment. The company has received acquisition intentions. Last quarter, the gross margin fell to 35.8%, but it is expected to improve in the first quarter of this year, mainly due to increased sales of TCB and high-end die bonding machines. Despite the weakness in the automotive and industrial markets, the gross margin of the SMT business is expected to remain at a similar level. Demand for artificial intelligence is expected to drive sales growth in the semiconductor and SMT businesses

ASMPT: SMT business has received acquisition intentions, expected to see improvement in the company's gross margin in the first quarter

Goldman Sachs released a report stating that ASMPT's revenue for the fourth quarter of 2025 is expected to grow 18% quarter-on-quarter, exceeding expectations. The gross margin is 36.5%, lower than expected but higher than market expectations. Net profit reached 957 million yuan, far exceeding expectations. ASMPT's revenue guidance for the first quarter of 2025 is between 470 million and 530 million USD, with an expected growth of 17% to 32%. Goldman Sachs has given it a "Neutral" rating with a target price of 90.7 yuan

Goldman Sachs: ASMPT's revenue in the fourth quarter of last year exceeded expectations, rating "Neutral"

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Hong Kong's semiconductor sector experienced a significant rally, with several key players seeing substantial increases in their stock prices. According to Jin10, Zhaoyi Innovationled the charge, rising over 10%. ASMPTalso saw a notable increase, climbing more than 5%. Other companies such as Huahong Semiconductor, Montage Technology, and Nexchip Microelectronicsalso posted gains, contributing to the overall positive momentum in the market.

CTASMPT@EC2608A(26574.HK)

UOB Kay Hian Remains a Buy on ASMPT Ltd (ASMVF)

Morgan Stanley raises ASMPT's target price to 130 yuan, expects strong order volume to support revenue growth

"Big Banks" Bank of America Securities raises ASMPT target price to 160 yuan, reiterates "Buy"

In "The Big Banks," China International Capital Corporation: ASMPT's quarterly results exceed expectations, target price raised to 133 yuan

ASMPT Limited Reports Earnings Results for the Full Year Ended December 31, 2025