Advantest (6857.T, JPX) up 4.96% intraday on earnings lead-up: Jan 28 call key
The 6857.T stock moved sharply in intraday trade on 23 Jan 2026, rising 4.96% to JPY 22,850.00 as investors priced in the company’s upcoming earnings call on 28 Jan 2026. This move came on volume of 11,305,900.00 shares and followed sector strength after larger chip names rallied. We examine the earnings setup, key metrics, technicals, valuation and short-term catalysts that could push price action before the JPX-listed Advantest Corp report.
Earnings outlook for 6857.T stock
Advantest reports on 28 Jan 2026, a key catalyst for the 6857.T stock. Consensus focus will be on revenue growth, equipment bookings and guidance for memory and logic tester demand. The company shows trailing EPS 354.85 and a trailing PE of 64.39, so surprise beats or weaker guidance will move the stock materially. Analysts will watch margins and service revenue mix ahead of the call.
Quarter and catalyst timeline
Trade moved higher intraday as macro tech flows and supplier news boosted semiconductors. Main near-term catalysts are the Jan 28 earnings call, orders commentary for H1 2026, and continued strength in AI-related test demand. Broader industry momentum from recent Asia tech gains also supports Advantest; see related market coverage from Bloomberg and Investing.com for context source source.
Fundamentals and valuation snapshot
Advantest trades at high multiples versus peers, with PE 64.39 and PB 27.34 reflecting premium margins. The company shows strong returns: ROE 47.84% and net profit margin 26.78%. Balance sheet strength is apparent with cash per share 408.36 and debt to equity 0.15, while market cap sits near JPY 16.62T. High multiples price growth, so earnings guidance matters.
Technical and intraday trading view
Intraday price action shows a breakout toward the year high range, with the session high at JPY 23,200.00 and low at JPY 22,150.00. Volume 11,305,900.00 exceeded the 50-day average of 10,678,916.00, signalling conviction. RSI sits near 53.43 and MACD histogram positive, implying upward momentum but limited trend strength. Support sits near the 50-day average JPY 20,290.10 and immediate resistance near JPY 23,675.00.
Meyka AI grade and forecast
Meyka AI rates 6857.T with a score out of 100. Meyka AI rates 6857.T with a score out of 100: 78.85, Grade B+, Suggestion BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a three-year price of JPY 20,266.98, implying -11.30% versus the current JPY 22,850.00. Forecasts are model-based projections and not guarantees. Price targets: Conservative JPY 21,000.00 (-8.10%), Base JPY 27,000.00 (+18.17%), Bull JPY 32,000.00 (+40.03%).
Risks and what to watch
Key risks include cyclical order volatility, rapid shifts in memory capex, and the stock’s rich valuation which magnifies negative guidance. Watch booking cadence in the earnings release, forward guidance language, and capex signals from major customers. Currency moves and macro demand for AI and memory chips remain top downside triggers.
Final Thoughts
The 6857.T stock rally on 23 Jan 2026 reflects a classic pre-earnings re-rate driven by sector momentum and expectations of continued demand for test equipment. Advantest’s fundamentals are strong: high margins, ROE 47.84%, and a clean balance sheet. At the same time, the stock trades at elevated multiples, notably PE 64.39 and PB 27.34, which raises sensitivity to the Jan 28 earnings guide. Meyka AI’s forecast model projects a three-year price of JPY 20,266.98, implying -11.30% versus today’s JPY 22,850.00, underscoring near-term risk if guidance disappoints. Investors should weigh short-term event risk against multi-year growth in tester demand. Our price targets span JPY 21,000.00 conservative to JPY 32,000.00 bull to reflect scenario outcomes. Use the Jan 28 call and order trends to decide position sizing; Meyka AI provides this as an AI-powered market analysis platform and not as investment advice.
FAQs
When does Advantest report earnings and why does it matter for 6857.T stock?
Advantest releases results on 28 Jan 2026. The report matters because guidance and order bookings drive revenue visibility for test equipment, and the market currently prices growth into the 6857.T stock at elevated multiples.
What are the main valuation metrics to watch for Advantest?
Monitor PE 64.39, PB 27.34, and free cash flow yields. These high multiples imply that beat-or-miss guidance will move the stock more than usual, so margins and cash generation are key.
What price targets should investors consider for 6857.T stock?
Typical scenarios: conservative JPY 21,000.00, base JPY 27,000.00, bull JPY 32,000.00. Targets reflect valuation sensitivity and upside from continued AI-related tester demand.
What are the top near-term risks for Advantest shareholders?
Near-term risks include weaker-than-expected bookings, memory capex cuts, and short-term guidance misses. High valuation increases downside on surprise negative guidance.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
