Daiwa lifts Ardentec target price to NT$395 on stronger networking demand
Daiwa Capital Markets expects stronger networking demand to support Ardentec's earnings. The target rises to NT$395 and the buy rating is kept.
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what happened
Daiwa Capital Markets analysts, according to Market Talk, expect Ardentec's earnings to benefit from networking demand that is stronger than expected. Daiwa's industry checks show demand for networking products rising across the testing supply chain, driven mainly by faster adoption of 1.6-terabit networking.
Because these high-speed programs usually run on a customer-consignment model, their growing share of revenue could lift the Taiwanese wafer-testing provider's overall gross margin. The brokerage raised its 2027-2028 EPS estimates by 7% and lifted its target price to NT$395 from NT$340, keeping a buy rating. The shares were down 1.4% at NT$254.50.
why it matters
The story concerns one company and a single analyst decision, so its reach beyond Ardentec's investors is limited. For those following Taiwan's semiconductor supply chain, it points to continued strength in networking chips and testing services, though the stock was trading lower when the report came out.
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instruments
sources
- Ardentec's Earnings Set to Gain From Better-Than-Expected Networking Demand — Market Talk, 20 October 2026 at 03:14 UTC
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