Morgan Stanley sees TWD 3,500 target for Accton stock

Published on 10/08/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September sales reached USD 1.27 billion, up 59.05 percent year over year. For Accton stock this means USD 9.01 billion in nine-month sales.

Accton, TW0002345006, Illustration mit AI erstellt.

Accton stock (ISIN TW0002345006) was trading at TWD 2,070.00 on the Taiwan Stock Exchange on October 8, 2026, while Morgan Stanley saw a TWD 3,500 target and maintained an Outperform view, as TechNews reported on October 7, 2026. The target places the analyst view well above the Taiwan-listed share price, but the report also identified supply-chain factors that could limit the pace of revenue expansion.

September sales extend Accton's growth

According to Accton Technology in its report dated October 6, 2026, consolidated September 2026 sales revenue reached USD 1.27 billion, up 59.05 percent from USD 800.78 million in September 2025. The figures were unaudited, and the comparison is on a year-over-year basis.

The company reported USD 9.01 billion in consolidated sales for the first nine months of 2026, up 57.81 percent from USD 5.71 billion in the same period of 2025. That growth gives the analyst target a fundamental anchor, although revenue momentum alone does not determine the eventual earnings outcome.

AI demand meets supply constraints

TechNews reported that Morgan Stanley expects network-switch demand and AI accelerator modules to support fourth-quarter growth and strengthen the 2027 outlook. The same report said consignment arrangements for DRAM and printed circuit boards could restrain the upside in revenue, while potentially supporting gross margin.

Accton's own shareholder letter describes a broader expansion beyond traditional networking into computing and storage for AI infrastructure. Its 2025 report stated that consolidated revenue reached NT$248.32 billion and net profit after tax reached NT$26.31 billion, both historical figures that provide scale but are superseded by the faster 2026 sales trend.

Stock remains below its yearly high

On the Taiwan Stock Exchange, Accton stock was trading at TWD 2,070.00 on October 8, 2026 at 1:30 p.m. TST, up 2.73 percent from TWD 2,015.00. The price stood 26.73 percent below the 52-week high of TWD 2,825.00, leaving the analyst target and the next earnings update as separate reference points for investors.