Formosa Plastics stock gains 9.91 percent as Q2 profit rebounds

Published on 10/07/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Formosa Plastics stock posted Q2 revenue of TWD 47.2 billion, up 4.1 percent year over year. Five analysts set a TWD 63.80 average target.

Formosa Plastics, TW0001301000, Illustration mit AI erstellt.

Formosa Plastics (ISIN TW0001301000) was last at TWD 75.40 on the Taiwan Stock Exchange on October 7, 2026, up 9.91 percent on the session. The move follows a sharp Q2 earnings rebound, with revenue and pre-tax income both improving from the first quarter.

Q2 revenue rises 12.5 percent

According to Quartr on September 21, 2026, Formosa Plastics generated TWD 47.2 billion in Q2 revenue. That was 4.1 percent above Q2 2025 and 12.5 percent above Q1 2026, as higher average selling prices supported most product lines.

Q2 pre-tax income reached TWD 10.86 billion, compared with a TWD 2.88 billion loss in Q1 2026, according to Quartr. The comparison matters because the improvement came alongside positive segment profit across all major divisions, although six-month revenue fell to TWD 89.24 billion from TWD 92.59 billion a year earlier.

Analyst target stays below price

The latest consensus from Investing.com covers five analysts and carries a Buy rating. Four analysts recommend Buy and one recommends Sell, while the average 12-month target is TWD 63.80, with a high of TWD 80 and a low of TWD 32.

The current price therefore places the stock above the published average target, making the earnings rebound and the durability of petrochemical margins the central valuation questions. Formosa Plastics operates across plastics, polyolefins, polypropylene, chemicals and related specialty products, according to InvestPane.

Stock reaches 52-week high

Formosa Plastics stock was last at TWD 75.40 at 1:30 p.m. TST on October 7, 2026. The price was also the session high and the 52-week high, while the 52-week low stood at TWD 36.25; volume reached 116,926,428 shares.

The company had a market capitalization of TWD 480.0 billion on October 7, 2026. Its latest trading data show a strong contrast with the TWD 36.25 low, while the Q2 figures provide the operating basis for the renewed market attention.

Formosa Plastics stock heads to results

Formosa Plastics stock is scheduled for its next earnings report on November 18, 2026, according to InvestPane. The date gives investors a defined checkpoint for testing whether the Q2 improvement continues into the next reporting period.