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<Research>G Sachs Lowers ASMPT's TP to $60.2, Expects Mainstream Tools to Take Longer for Full Recovery
Goldman Sachs has issued a report lowering its target price for ASMPT (00522.HK) from $61 to $60.2 and keeping the Neutral rating unchanged. Although optimistic about ASMPT's p...
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<Research>G Sachs Lowers ASMPT's TP to $60.2, Expects Mainstream Tools to Take Longer for Full Recovery
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Goldman Sachs has issued a report lowering its target price for ASMPT (00522.HK)  +1.200 (+2.299%)    Short selling $8.28M; Ratio 15.474%   from $61 to $60.2 and keeping the Neutral rating unchanged. Although optimistic about ASMPT's product progress, Goldman Sachs estimated that mainstream tools would take longer for a full recovery.

Taking into account the weaker-than-expected 1Q25 results and guidance for 2Q, The broker cut its 2025-27 net income forecasts for the company by 27.1%/ 4.1%/ 4.1% and 2025-27 revenue forecasts by 0.2-0.5%, reflecting the slower-than-expected recovery of customers in the automotive and industrial sectors.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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