ASE Technology (ASX) Stock Analysis & Forecast

Nov 4 close

$37.51−1.54 (−3.9%)

Gekko Brief

AI summaryNov 4 close

ASE Technology's week centers on record third-quarter results driven by AI-fueled demand for its Leading-edge Advanced Packaging services. Revenue rose 44.8% year-over-year to NT$244.2 billion, with ATM revenues climbing 51% year-over-year on strong utilization across packaging and testing operations. The company is increasing capacity investment given constraints and points to continued LEAP, full-process, and CPO growth through 2027, following a prior quarter in which consolidated revenue grew 24% year-on-year and LEAP services tracked ahead of prior guidance of USD 3.5 billion.

Shares closed at $37.51, down 3.9%, sitting between the 50-day average of $41.59 and the 200-day average of $33.63, a mixed trend picture. The GekkoIndex reads 64.7, placing the stock in the Accumulation zone. Price sits 13.1% below Gekko Fair Value of $43.16. Over one month the stock is down 19.8%, though it remains up 131.7% over the past year.

The next earnings date falls on 4 February 2027, 91 days out and beyond a typical 20-trading-day holding window. Smart money activity includes one unusual options signal in the last 30 days, with call premium of $7,757,070 against no put premium. Insider activity includes an officer's exercise of options for 300,000 shares at NT$98.6 each. Seasonally, the next 20 trading days have averaged an 8.5% return over 5 years, rising in 5 of them.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

ASE Technology price vs fair value

$43.16$37.51Nov ’25May ’26Nov ’26
Close $37.51200-day averageGekko Fair Value $43.16

ASE Technology quick facts

Market cap
$82.81B
P/E ratio
37.7
Forward P/E
12.3
EPS, TTM
$1.04
Revenue, TTM
$786.8B
Profit margin
9.8%
Dividend yield
0.00%
Beta
1.52
Volume
12.79M avg 9.13M
1-year return
+131.7%
Typical daily move
±6.8%
Typical 20-day move
±7.2%
50-day average
$41.59
200-day average
$33.63
Next earnings
Feb 4 before open
Shares outstanding
2.21B
52-week range
$13.35$47.93

ASE Technology swing-trade checklist

ASE Technology scores 5 supportive, 1 mixed and 0 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

5 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $37.51 sits between the 50-day ($41.59) and 200-day ($33.63) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    64.7, Accumulation

    Reading 64.7 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    13.1% below

    Price is 13.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 91 days

    Next report Feb 4, 2027, 91 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +8.5% on average

    From this point in the calendar, the next 20 trading days averaged +8.5% over 5 years, rising in 5 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

ASE Technology stock chart and price history

ASE Technology closed at $37.51 on Nov 4, 2026, +131.7% over the past year, inside a 52-week range of $13.35 to $47.93.

Close50-day average200-day averageVolume
ASE Technology share price, past year, with 50-day and 200-day moving averages and volume$10$20$30DecJan 2026FebMarAprMayJunJulAugSepOct37.51

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−19.8%
3 months
+0.7%
6 months
+9.8%
1 year
+131.7%
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About ASE Technology

ASE Technology provides packaging and testing services to the semiconductor industry, along with electronic manufacturing services. Its work covers a wide span of packaging formats, from flip chip ball grid array and chip scale packages to quad flat packages, bump chip carriers, and quad flat no-lead designs, as well as more advanced approaches such as 3D chip packages, stacked die builds, fan-out wafer-level packaging, and silicon interposers. On the testing side, it handles front-end engineering testing, wafer probing, and final verification across logic, mixed-signal, RF, SiP, MEMS, and discrete components, plus related test services and drop shipment logistics.

Customers for these services come from the United States, Taiwan, other parts of Asia, and Europe. Beyond semiconductor packaging and test, the company has interests in real estate development, construction, sale, leasing and management, along with substrate manufacturing, information software, equipment leasing, investment advisory work, and warehousing.

ASE Technology was established in 1984 and is headquartered in Kaohsiung, Taiwan. Its shares trade under the ticker ASX.

Sector
Electronic technology
Website
aseglobal.com

ASE Technology GekkoIndex: the smart money zone

ASE Technology’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 64.7, in the Accumulation zone, up 8.6 points over five sessions.

010064.7Accumulation

Up 8.6 points over five sessions, from the Neutral zone.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying29−0.1%+2.5%+2.3%+12.0%
Accumulation (current zone)142+0.9%+0.5%+3.5%+12.6%
Neutral408+1.4%+2.9%+5.1%+13.0%
Distribution71+1.9%+4.0%+10.1%+22.6%
Selling0Not available

Average ASX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the ASX price, zone by zone.Track ASX in Gekko

Is ASE Technology stock overvalued? Gekko Fair Value

ASE Technology trades 13.1% below Gekko Fair Value of $43.16, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what ASE Technology shares are worth, recalculated every trading day.

$43.16

Gekko Fair Value, Nov 4, 2026

13.1% Undervalued

At the end of Aug 2026 the price was 17.5% below the estimate.

Gekko Fair ValueShare price, month end
$43$39Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ASX in Gekko

ASE Technology insider and Congress trading

No open-market insider purchases were filed for ASE Technology, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ASX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ASX insider filing, plotted on the chart in Gekko.Open ASX in Gekko

Congress trades last 90 days

No trades in ASX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ASX, plotted on the chart in Gekko.Open ASX in Gekko

Unusual options activity last 30 days

1signal, 100% of the flagged premium in calls.

Latest: Bullish flow on Oct 13, $7.76M in unusual premium.

Every signal with its contract, strike and premium.Unlock in Gekko

ASE Technology earnings: next date and track record

ASE Technology reports on Feb 4, 2027, before the open (91 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±6.1%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+0.8%Oct ’24+6.3%Feb ’250.0%Apr ’25−3.1%Jul ’25+10.9%Oct ’25+10.0%Feb ’26+4.4%Apr ’26+13.0%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
ASE Technology Holdings reported consolidated revenue growth of 24% year-on-year in H1 2026, with ATM revenues surging 35% YoY. LEAP services revenue is tracking ahead of prior USD 3.5 billion guidance. The company invested USD 2.7 billion in machinery CapEx and USD 1.4 billion in building/automation in H1. ASE is positioning itself as a critical hardware infrastructure provider for AI-driven demand across data centers, agentic AI, and physical AI applications.
Guidance
Full-year ATM revenue expected to grow 35%. LEAP services revenue tracking above USD 3.5 billion guidance; general segment now expected to grow 20% YoY versus prior 13% guidance. Management expects H2 to maintain same growth momentum as H1.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$0.29
est $0.23
+26.1%$5.88B
est $5.96B
−1.2%+13.0%
Apr 29, 2026$0.20
est $0.15
+33.3%$5.50B
est $5.32B
+3.5%+4.4%
Feb 5, 2026$3.24
est $0.18
+1,724.3%$5.62B
est $5.62B
0.0%+10.0%
Oct 30, 2025$0.16
est $0.14
+16.3%$5.63B
est $5.44B
+3.4%+10.9%
Jul 31, 2025$0.11
est $0.14
−23.2%$5.20B
est $4.79B
+8.4%−3.1%
Apr 30, 2025$0.10
est $0.11
−7.1%$4.47B
est $4.38B
+1.9%0.0%
Feb 13, 2025$0.13
est $0.13
+2.5%$4.94B
est $4.94B
+0.1%+6.3%
Oct 31, 2024$0.13
est $0.13
+0.8%$4.96B
est $4.86B
+2.1%+0.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

ASE Technology stock forecast and analyst price targets

Analysts’ average 12-month price target for ASE Technology is $54.94, +46.5% from the last close, from 2 firms rating the stock in the last 90 days.

$54.94consensus 12-month target, +46.5% from the last close
Buy2
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 2 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 7UBSBuy, maintained$45.63+21.6%
Sep 30Bank of America SecuritiesBuy, maintained——
+3.5%average 20-day move after past Accumulation readings
+8.5%average move over the next 20 trading days in the last 5 years
±6.8%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

ASE Technology seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, ASE Technology averaged +8.5% across the last 5 years, rising in 5 of them.

Next 20 trading days, by year

+7.6%2021+23.9%2022+7.2%2023+3.1%2024+0.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+4.1%4 of 5
Next 10 trading days+4.7%4 of 5
Next 15 trading days+3.6%3 of 5
Next 20 trading days+8.5%5 of 5
Next 30 trading days+6.2%4 of 5

For scale, ASX’s typical 20-trading-day move in either direction is about 7.2%.

ASE Technology market cap and key statistics

ASE Technology’s market cap is $82.81B, with a P/E ratio of 37.7 and revenue of $786.8B over the last twelve months.

Valuation

Market cap
$82.81B
P/E ratio
37.7
Forward P/E
12.3
EPS, TTM
$1.04
Gekko Fair Value
$43.16

Trading

Volume
12.79M
Avg volume, 20 days
9.13M
52-week high
$47.93
52-week low
$13.35
Shares outstanding
2.21B

Financials

Revenue, TTM
$786.8B
Profit margin
9.8%
Return on equity
19.9%
Quarterly earnings growth, YoY
+142.7%

Risk and income

Beta
1.52
Typical daily move
±6.8%
Typical 20-day move
±7.2%
Dividend yield
0.00%

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ASE Technology stock FAQ

What is ASE Technology’s market cap?

ASE Technology’s market cap is $82.81B at the Nov 4, 2026 close of $37.51, with 2.21B shares outstanding. The shares trade on a P/E ratio of 37.7.

What is the ASE Technology stock forecast?

The consensus analyst 12-month price target for ASE Technology is $54.94, +46.5% from the last close. Of the 2 firms that rated the stock in the last 90 days, 2 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is ASE Technology stock overvalued or undervalued?

On Gekko’s estimate ASE Technology is undervalued: the Nov 4, 2026 close of $37.51 is 13.1% below Gekko Fair Value of $43.16. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does ASE Technology report earnings next?

ASE Technology is expected to report on Feb 4, 2027, before the market opens (91 days away). Analysts expect earnings of $0.45 per share on revenue of $8.02B. ASE Technology beat the earnings estimate in 6 of its last 8 reports, moving 6.1% on average across the report.

What is ASE Technology’s 52-week high and low?

ASE Technology’s 52-week high is $47.93 and its 52-week low is $13.35; it closed at $37.51 on Nov 4, 2026, +131.7% over the past year.

Is ASE Technology stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 5 of the 6 items with data read as supportive (gekkoindex, fair value, smart money, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in ASE Technology?

Gekko flagged 1 unusual options signal in ASE Technology over the last 30 days, with $7.76M of flagged premium in calls and $0 in puts. The latest, bullish flow, was on Oct 13, 2026 with $7.76M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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