UBS: Upgrades ASMPT (00522.HK) earnings forecast for next year, target price raised to HK$95.

Wise Finance and Economics APP learned that UBS released a research report stating that the outlook for ASM Pacific Technology (00522.HK) in 2026 is stable. Due to the lower gross profit margin in the second half of 2025 and the impact of business restructuring, the full-year earnings per share forecast for 2025 was lowered by 78% to 0.28 yuan. The sales forecast for 2026 was raised to a growth of 22%, and the earnings per share forecast was raised by 13% to 3.94 yuan to reflect the increased visibility of advanced packaging and mainstream business. UBS maintained a "buy" rating and raised the target price from HK$83 to HK$95.