ASPEED Technology, Inc. (5274) AI Stock Analysis

ASPEED Technology, Inc.

(TPEx:5274)

Select Model

Rating:65Neutral

Price Target:TWD 12,228.00▼(-2.60% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 65 reflects a strong conflict between outstanding fundamentals and very weak market sentiment. The company's financial performance is exceptional, with a pristine balance sheet and powerful cash flow, which heavily supports the score. However, this is significantly dragged down by a bearish technical picture, where the stock is in a clear downtrend with oversold momentum indicators, and a stretched valuation with a P/E over 76. The high financial quality provides a floor, but near-term price action and valuation risk are major headwinds.

Positive Factors

Strong Revenue GrowthThe reported revenue growth indicates strong demand expansion for ASPEED’s server and data-center management silicon. Sustained top-line growth can deepen customer adoption, support operating scale, and reinforce the company’s position in infrastructure markets over the next several quarters.

Negative Factors

Cyclical Revenue VolatilityThe prior revenue contraction shows that ASPEED’s growth path can be uneven despite its strong rebound and high margins. Exposure to server and data-center investment cycles may therefore create periods of slower expansion, making future operating results less predictable.

ASPEED Technology, Inc. (5274) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 519.79B
Dividend Yield: 0.58%
Average Volume (3M): 360.74K
Price to Earnings (P/E): 84.6
Beta (1Y): 1.41
Revenue Growth: 62.91%
EPS Growth: 66.83%
Country: TW
Employees: 45
Sector: General
Sector Strength: 55
Industry: Semiconductors

ASPEED Technology, Inc. Business Overview & Revenue Model

Company Description

Based in Hsinchu City, Taiwan, ASPEED Technology Inc. operates globally as a prominent fabless integrated circuit (IC) design enterprise, with significant operations spanning Taiwan, China, the United States, and other international markets. Their di...

ASPEED Technology, Inc. Financial Statement Overview

Summary

Exceptional financial health with a fortress balance sheet (debt-to-equity of 0.04), stellar cash flow generation (operating cash flow to net income of 1.91), and powerful revenue recovery with expanding net profit margins above 43%. The primary risk is inherent cyclicality, but current metrics are outstanding.

Income Statement

85Very Positive

Balance Sheet

92Very Positive

Cash Flow

90Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.79B	9.08B	6.46B	3.13B	5.21B	3.64B
Gross Profit	8.16B	5.85B	4.15B	2.01B	3.39B	2.38B
EBITDA	6.85B	4.98B	3.43B	1.51B	2.86B	1.83B
Net Income	5.67B	3.93B	2.57B	1.01B	2.11B	1.31B
Balance Sheet
Total Assets	14.33B	10.33B	7.73B	4.54B	5.93B	4.56B
Cash, Cash Equivalents and Short-Term Investments	9.36B	6.30B	4.01B	1.98B	3.36B	2.51B
Total Debt	300.49M	313.90M	197.47M	28.03M	40.02M	61.36M
Total Liabilities	6.51B	2.76B	2.09B	710.27M	1.44B	1.01B
Stockholders Equity	7.79B	7.57B	5.64B	3.83B	4.49B	3.55B
Cash Flow
Free Cash Flow	5.25B	4.38B	2.92B	366.73M	2.15B	1.57B
Operating Cash Flow	5.63B	4.66B	3.14B	518.77M	2.31B	1.69B
Investing Cash Flow	-2.36B	-554.69M	-345.48M	-402.00K	-175.00M	-373.92M
Financing Cash Flow	-2.00B	-1.99B	-781.41M	-1.73B	-1.35B	-916.47M

ASPEED Technology, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5274 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5269	81Outperform	TWD 83.43B	12.10	―	3.80%	5.30%	51.53%
TW:3034	68Neutral	TWD 292.00B	14.61	―	4.78%	2.41%	13.76%
TW:5274	65Neutral	TWD 495.40B	84.57	―	0.58%	62.91%	66.83%
TW:3443	63Neutral	TWD 960.87B	161.75	―	0.25%	103.50%	91.89%
TW:3661	63Neutral	TWD 293.99B	51.20	―	0.89%	8.49%	27.68%
TW:6526	63Neutral	TWD 114.91B	38.14	―	1.86%	9.57%	7.98%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:5274 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5274	ASPEED Technology, Inc.	12555.00	6822.35	119.01%
TW:3034	Novatek Microelectronics Corp.	481.00	105.63	28.14%
TW:3443	Global Unichip Corp.	7885.00	6018.50	322.45%
TW:3661	Alchip Technologies Ltd.	3650.00	152.34	4.36%
TW:5269	Asmedia Technology Inc.	1195.00	-79.41	-6.23%
TW:6526	Airoha Technology Corp.	726.00	269.66	59.09%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026

ASPEED Technology, Inc. AI Stock Analysis