Earnings Alerts

Mediatek Inc (2454) Earnings Report: August Sales Decline by 1.72%, NT$41.53 Billion Revenue”

By September 10, 2024 No Comments
  • August Sales Decline: MediaTek’s sales dropped by 1.72% in August.
  • Total Revenue: The company reported total sales of NT$41.53 billion for the month.
  • Analyst Ratings: There are currently 21 buy recommendations, 8 hold recommendations, and 0 sell recommendations for MediaTek.

Mediatek Inc on Smartkarma

Analysts on Smartkarma have mixed opinions on Mediatek Inc. Tech Supply Chain Tracker provided a bearish view, highlighting Taiwan’s drone industry growth and investments by Microsoft and Samsung in technology development. On the other hand, Vincent Fernando, CFA expressed a bullish sentiment, citing Mediatek’s earnings exceeding expectations in 2Q24 and strong revenue guidance for the future.

Meanwhile, analyst Patrick Liao presented both bearish and bullish perspectives. He noted a lack of positive indicators for Mediatek in 2H24 in one report, while in another, he highlighted the potential for growth in 3Q24 and opportunities in AI PCs for Mediatek in the future, indicating a more optimistic view on the company’s prospects.


A look at Mediatek Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience5
Momentum2
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

MediaTek Inc. is positioned well for long-term success based on the Smartkarma Smart Scores assessment. With strong scores in Dividend, Growth, and Resilience, the company shows promise for investors looking for stability and potential for growth. A top score in Dividend reflects a commitment to rewarding shareholders, while the high marks in Growth and Resilience indicate a solid foundation for future expansion and the ability to weather challenges effectively.

While the scores in Value and Momentum are more moderate, the overall picture remains positive for MediaTek Inc. Given its focus as a fabless semiconductor company for wireless communications and digital solutions, MediaTek Inc. is poised to capitalize on the increasing demand for SOC system solutions in various technological fields. This positions the company favorably for long-term success in the dynamic semiconductor industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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