- Sales Performance in August: Asustek reported sales of NT$57.14 billion in August 2023.
- Year-Over-Year Growth: Sales increased by 17.5% compared to the same period last year.
- Stock Ratings: The company has received 14 buy ratings, 4 hold ratings, and 0 sell ratings.
Asustek Computer on Smartkarma
On Smartkarma, independent analyst Vincent Fernando, CFA, provides insightful coverage on Asustek Computer. In a recent report titled “Asustek & Acer Key Takeaways,” Fernando highlights strong revenue growth in the PC and server markets for Asustek and Acer, indicating robust demand. Asus management forecasts a multi-year growth cycle with a new product lifecycle beginning in the third quarter of 2024. This positive sentiment suggests a favorable outlook for Asustek and Acer in the PC industry.
In another analysis titled “Asustek: Margin Beat, Guides More Upside,” Vincent Fernando, CFA, acknowledges Asustek’s impressive 46% earnings beat in the first quarter of 2024. The company plans a substantial AI PC launch event featuring Qualcomm processors, showing confidence in the PC upgrade cycle and future sales growth. With a focus on optimizing costs and expanding margins, Asustek appears well-positioned for continued success in the evolving PC market.