ASE Technology (ASX) Stock Analysis & Forecast

ASE Technology Holding Co., Ltd. Electronic technology sector. Market cap $91.54B.

$41.63+1.64 (+4.1%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

ASE Technology closes at $41.63, up 4.1%, sitting above both its 50-day average of $38.03 and 200-day average of $29.22, with the shorter average above the longer one. The GekkoIndex reads 51.1, placing the stock in the Neutral zone. Price trades 4.5% above Gekko Fair Value of $39.83. Over the past year the stock has returned 268.4%, with a six-month gain of 90.1% and a one-month gain of 16.7%, against a typical 20-day move of 7.2%.

The one headline available concerns Engineers Gate Manager LP, which sold 47,611 shares, a 49.6% reduction in its stake, on 15 September. The same summary notes that ASE Technology's Q2 earnings beat EPS estimates and that the company increased its annual dividend, alongside the stake sale.

Looking ahead, ASE Technology's next earnings report is set for 29 October 2026, before the open, 39 days away and outside a typical 20-trading-day hold; the prior report on 30 July produced a 13% reaction, with EPS of $0.29 against an estimate of $0.23, and the company has beaten estimates in 6 of the last 8 quarters. In the last 30 days there have been 2 unusual options signals, with call premium of $7,624,091 against put premium of $972,060. Seasonally, the next 20 trading days have averaged a -1.5% return over 5 years, rising in 3 of them. Analyst coverage consists of 1 firm with a buy rating and a consensus target of $51, implying 22.5% upside.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $41.63200-day averageGekko Fair Value $39.83

Key stats

Market cap
$91.54B
P/E ratio
46
Forward P/E
12.3
EPS, TTM
$0.87
Revenue, TTM
$711.2B
Profit margin
8.6%
Dividend yield
0.00%
Beta
1.58
Volume
19.16M avg 6.51M
1-year return
+268.4%
Typical daily move
±3.8%
Typical 20-day move
±7.2%
50-day average
$38.03
200-day average
$29.22
Next earnings
Oct 29 before open
Shares outstanding
2.60B
52-week range
$10.93$45.52

ASE Technology swing-trade checklist

ASE Technology scores 3 supportive, 3 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.

3 supportive3 mixed0 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $41.63 is above the 50-day ($38.03) and 200-day ($29.22) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    51.1, Neutral

    Reading 51.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuemixed

    4.5% above

    Price is within 5% of Gekko Fair Value (4.5% above).

    See fair value
  • Smart moneysupportive

    Leans bullish

    Last 30 days: 2 unusual options signals.

    See smart money
  • Earnings risksupportive

    Reports in 39 days

    Next report Oct 29, 2026, 39 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −1.5% on average

    From this point in the calendar, the next 20 trading days averaged −1.5% over 5 years, rising in 3 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 $41.63 on Sep 18, 2026, +268.4% over the past year, inside a 52-week range of $10.93 to $45.52.

Close50-day average200-day averageVolume

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

Performance Breakdown

1 month
+16.7%
3 months
+2.6%
6 months
+90.1%
1 year
+268.4%
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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 51.1, in the Neutral zone, down 4.7 points over five sessions.

010051.1Neutral

Down 4.7 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying29−0.1%+2.5%+2.3%+12.0%
Accumulation135+0.5%+0.2%+2.7%+11.2%
Neutral (current zone)380+1.5%+3.0%+5.1%+13.5%
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, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. 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 4.5% above Gekko Fair Value of $39.83, so the shares are about fair value on Gekko’s estimate.

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

$39.83

Gekko Fair Value, Sep 19, 2026

4.5% above fair value · About fair value

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

2signals, 89% of the flagged premium in calls.

Latest: Bullish flow on Sep 19, $4.84M 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 Oct 29, 2026, before the open (39 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 $51.00, +22.5% from the last close, from 1 firm rating the stock in the last 90 days.

$51.00consensus 12-month target, +22.5% from the last close
Buy1
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 1 firm.

Latest analyst actions

DateFirmRatingTargetvs price
Jul 31Bank of America SecuritiesBuy, reiterated$48+15.3%
Jul 7Bank of America SecuritiesBuy, reiterated$48+15.3%
+5.1%average 20-day move after past Neutral readings
−1.5%average move over the next 20 trading days in the last 5 years
±3.8%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 Sep 19, ASE Technology averaged −1.5% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−19.0%2021−9.7%2022+2.1%2023+7.2%2024+11.0%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−1.9%1 of 5
Next 10 trading days−5.8%1 of 5
Next 15 trading days−5.7%2 of 5
Next 20 trading days−1.5%3 of 5
Next 30 trading days+2.9%2 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 $91.54B, with a P/E ratio of 46 and revenue of $711.2B over the last twelve months.

Valuation

Market cap
$91.54B
P/E ratio
46
Forward P/E
12.3
EPS, TTM
$0.87
Gekko Fair Value
$39.83

Trading

Volume
19.16M
Avg volume, 20 days
6.51M
52-week high
$45.52
52-week low
$10.93
Shares outstanding
2.60B

Financials

Revenue, TTM
$711.2B
Profit margin
8.6%
Return on equity
17%
Quarterly earnings growth, YoY
+171.2%

Risk and income

Beta
1.58
Typical daily move
±3.8%
Typical 20-day move
±7.2%
Dividend yield
0.00%

ASE Technology stock news this week

1 headline about ASE Technology from the past week, newest first, each linking to the publisher.

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In the Buying zone today

Reporting earnings this week

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ASE Technology stock FAQ

What is ASE Technology’s market cap?

ASE Technology’s market cap is $91.54B at the Sep 18, 2026 close of $41.63, with 2.60B shares outstanding. The shares trade on a P/E ratio of 46.

What is the ASE Technology stock forecast?

The consensus analyst 12-month price target for ASE Technology is $51.00, +22.5% from the last close. Of the 1 firm that rated the stock in the last 90 days, 1 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 about fair value: the Sep 18, 2026 close of $41.63 is 4.5% above Gekko Fair Value of $39.83. 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 Oct 29, 2026, before the market opens (39 days away). Analysts expect earnings of $0.34 per share on revenue of $7.13B. 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 $45.52 and its 52-week low is $10.93; it closed at $41.63 on Sep 18, 2026, +268.4% 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, 3 of the 6 items with data read as supportive (trend, smart money and earnings risk), 3 as mixed (gekkoindex, fair value and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in ASE Technology?

Gekko flagged 2 unusual options signals in ASE Technology over the last 30 days, with $7.62M of flagged premium in calls and $972K in puts. The latest, bullish flow, was on Sep 19, 2026 with $4.84M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every 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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