Acer Inc Stock Price, News & Analysis

Acer announced an expansion of its Copilot+ PC portfolio with new AI-enabled laptops and desktops. The lineup includes Swift Go 14 AI and Swift Go 16 AI laptops powered by AMD Ryzen AI 300 Series processors, offering up to 24.9 hours of battery life and OLED displays.

The company also introduced the Aspire 14 AI laptop with Intel Core Ultra processors, Aspire S AI and Aspire C AI all-in-one desktops, and the compact Revo Box AI mini PC. All devices feature integrated NPUs for AI workloads and come with various AI-powered features like PurifiedVoice 2.0 and PurifiedView 2.0.

The Swift Go 14 AI will start at $899.99 in North America (May), the Swift Go 16 AI at $949.99 (April), and the Aspire 14 AI at $799.99 (February). The Aspire desktop series and Revo Box AI will be available in Q2 2024, with prices ranging from $799.99 to $1,299.99.

Acer has achieved a significant milestone by making its debut on the Dow Jones Sustainability World Index 2024, representing the top 10% of the largest 2,500 companies in the S&P Global BMI. The company also maintained its position on DJSI's Emerging Markets Index for the 11th consecutive year, achieving perfect scores in several components.

The company has demonstrated strong environmental commitments, including joining the RE100 initiative with goals to achieve 100% renewable electricity by 2035 and net zero emissions by 2050. In 2023, Acer sourced 48% renewable electricity globally, reaching 100% in multiple countries.

Acer's sustainability efforts have been recognized through multiple accolades in 2024, including listings in TIME's World's Most Sustainable Companies, MSCI ESG Leaders Indexes with AAA rating, and EcoVadis' Platinum medal. The company continues to develop eco-conscious products, including computers built with recycled materials and energy-efficient solutions.

Acer reported strong financial performance in November 2024, with consolidated revenues reaching NT$22.75 billion, marking a 20.9% month-on-month and 13.1% year-on-year growth. Year-to-November revenues totaled NT$240.16 billion, up 10.4% YoY.

The company's PC and display business grew 11.0% YoY in November, with Chromebooks showing exceptional performance at 54.1% YoY growth. Non-PC businesses contributed 26.8% of total November revenues. Notable subsidiary performances include Altos Computing (AI servers) growing 64.4% YoY year-to-November and Acer ITS increasing 59.1% YoY in November.

Two subsidiaries, Acerpure and Protrade Applied Materials, began trading on Taipei Exchange Emerging Market, while Winking Studios listed on LSE AIM and SGX Catalyst.

Acer has expanded its gaming portfolio with new Nitro Intel Arc B-Series graphics cards, featuring the B570 OC 10GB and B580 OC 12GB models. These cards incorporate Xe2 architecture with up to 20 cores and clock speeds reaching 2,740 MHz. The graphics cards support high FPS gaming at 1440p and up to 8K visuals, featuring advanced FrostBlade cooling systems for optimal performance. Key highlights include specialized AI engines for AI workloads, Intel Xe Frame Generation technology, and support for content creation through the Intel AI Playground application. The cards offer up to 50% better performance per core and include features like ray tracing capabilities and mesh shaders.

Acer reported consolidated revenues of NT$18.82 billion for October and NT$217.41 billion for year-to-October, marking a 10.1% year-on-year growth. The company's core PC and display business grew 9.3% YoY year-to-October. Notably, non-PC and display businesses contributed 32.5% of total revenues in October and 28.4% year-to-October. Among incubated businesses, Acerpure will begin trading on Taipei Exchange's emerging stock board on November 15, showing 57% YoY October growth. Altos Computing (AI servers) grew 26.3% in October, while Acer ITS increased 23.8% YoY.

Acer reported strong Q3 2024 financial results with consolidated revenues of NT$72.69 billion, showing 8.3% QoQ and 7.8% YoY growth. The company achieved NT$1.60 billion in operating income, up 9.2% QoQ and 3.7% YoY. For the year-to-September period, revenues reached NT$198.66 billion with 11.5% YoY growth, while operating income grew 36.1% YoY to NT$3.85 billion. Non-computer and display businesses contributed 26.9% of total revenues, while public subsidiaries accounted for 26.4% of operating income. The company's Board approved reorganizing the Risk Management Committee into the 'Risk Management and Sustainable Development Committee'.

Acer Inc. (TWSE: 2353) reported its Q3'24 consolidated revenues at NT$72.58 billion, marking the highest quarter post-pandemic with 7.6% year-on-year (YoY) and 8.1% quarter-on-quarter growth. September revenues reached NT$26.31 billion, showing a 15.3% month-on-month increase. Year-to-September consolidated revenues totaled NT$198.59 billion, up 11.5% YoY.

Acer's strategy to diversify its business is paying off, with revenues from non-PC and display businesses contributing 26.9% of Q3 total revenues, growing 20.0% YoY. Notable performances include Altos Computing Inc. (AI servers and workstations) with 24.8% YoY growth in Q3, Acerpure Inc. with 91.1% YoY growth in Q3, and Acer ITS Inc. with 59.7% YoY growth in Q3.

The company also released its 2023 Sustainability Report, highlighting ESG achievements and progress towards 100% renewable electricity by 2035 and net-zero emissions by 2050.

Acer Inc. has released its 2023 Sustainability Report, highlighting progress in ESG and 'Conscious Technology' to address climate change. The company was named among TIME's World's Most Sustainable Companies 2024 and awarded the Platinum medal by EcoVadis, representing the top 1% of rated companies.

Acer is accelerating ESG progress through partnerships, working with logistics partners to support biofuel use and reduce carbon emissions. Its subsidiaries are developing sustainable solutions, including AI-assisted medical solutions for various health conditions.

The company has pledged to achieve net-zero emissions by 2050, outlining a strategy focused on business operations, products and services, and value chain. Acer has expanded its eco-conscious Vero product line, including its first carbon-neutral laptop, the Aspire Vero 16.

Acer aims to achieve 100% renewable electricity by 2035 and continues to receive global recognition for its ESG initiatives.

Acer Inc. (TWSE: 2353) reported August consolidated revenues of NT$22.82 billion, marking a 5.24% year-on-year growth and 14 consecutive months of YoY increase. Year-to-August revenues reached NT$172.28 billion, up 14.8% YoY. The company's PC and display business grew 16.3% YoY year-to-August, while revenues from other businesses contributed 26.1% of total August revenues and 28.1% year-to-August.

Notable performances include Altos Computing Inc.'s 31.0% YoY growth in August, Acerpure Inc.'s 11.7% YoY growth, and Acer ITS Inc.'s 23.0% YoY growth. Acer also unveiled Genmotion.AI, an LLM-powered tool for 3D game content creation, and introduced new AI-powered laptops and gaming products at its global press conference in Berlin.