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KingSlide Shares Hit Limit Down on Monthly Revenue Dip, Analysts Remain Bullish
Electronic Technology · Computer Peripherals · economic_daily · 2026-10-07
2059
KingSlide's stock hit the daily limit down following a monthly revenue decline, yet analysts maintain a positive outlook citing strong AI server market share.
What Happened
Revenue Performance: KingSlide reported September revenue of NT$4.464 billion, marking a 30.9% monthly decline despite a 196.2% year-over-year increase. While the monthly streak of record highs was broken, the company still achieved a quarterly revenue record of NT$17.337 billion in Q3.
Stock Market Reaction: Shares of KingSlide plummeted to the daily limit of NT$11,790 on the 7th. The revenue miss shook investor confidence, leading to a sharp correction in the stock price.
Analyst Outlook: Despite the short-term dip, major institutional analysts remain optimistic about the company's future. They highlight KingSlide's dominant 80% market share in AI server rails and expect growth to accelerate next year due to rising demand for customized cabinets.
Capacity Expansion: To meet robust demand, the company has accelerated its expansion plans in Taiwan and initiated mass production at its Houston facility. Analysts project that server rail revenue will account for up to 97% of total sales by 2027, underscoring long-term growth potential.