ASE Technology (NYSE:ASX) Raised to “Buy” at Wall Street Zen

ASE Technology (NYSE:ASX) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other research analysts also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of ASE Technology in a research report on Wednesday, January 21st. Zacks Research downgraded shares of ASE Technology from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Finally, Nomura raised shares of ASE Technology from a “neutral” rating to a “buy” rating in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

ASE Technology Stock Up 3.4%

Shares of NYSE:ASX opened at $20.94 on Friday. ASE Technology has a 1 year low of $6.94 and a 1 year high of $21.42. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.28 and a quick ratio of 1.00. The business’s 50-day moving average is $17.32 and its 200-day moving average is $13.82. The company has a market capitalization of $46.45 billion, a price-to-earnings ratio of 36.10, a P/E/G ratio of 0.87 and a beta of 1.48.

ASE Technology (NYSE:ASX) last issued its earnings results on Thursday, February 5th. The semiconductor company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.01. ASE Technology had a return on equity of 12.00% and a net margin of 6.31%.The business had revenue of $5.67 billion during the quarter, compared to the consensus estimate of $5.47 billion. Equities research analysts predict that ASE Technology will post 0.76 earnings per share for the current year.

Hedge Funds Weigh In On ASE Technology

Several large investors have recently bought and sold shares of the stock. Vest Financial LLC grew its stake in shares of ASE Technology by 5.2% in the 4th quarter. Vest Financial LLC now owns 12,954 shares of the semiconductor company’s stock worth $209,000 after acquiring an additional 637 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in ASE Technology by 0.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 120,598 shares of the semiconductor company’s stock worth $1,942,000 after purchasing an additional 643 shares during the last quarter. Frank Rimerman Advisors LLC boosted its holdings in ASE Technology by 1.8% during the third quarter. Frank Rimerman Advisors LLC now owns 36,780 shares of the semiconductor company’s stock worth $408,000 after purchasing an additional 650 shares during the last quarter. Mariner LLC grew its position in ASE Technology by 0.4% in the 3rd quarter. Mariner LLC now owns 211,006 shares of the semiconductor company’s stock worth $2,340,000 after purchasing an additional 748 shares in the last quarter. Finally, GeoWealth Management LLC increased its stake in ASE Technology by 5.8% in the 3rd quarter. GeoWealth Management LLC now owns 13,747 shares of the semiconductor company’s stock valued at $152,000 after buying an additional 750 shares during the last quarter. 6.80% of the stock is currently owned by institutional investors.

ASE Technology News Roundup

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.

About ASE Technology

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.