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Analysts say SIA is fairly valued, with several adjusting target price

Their projections for FY2026 net profit range from S$900 million to S$1.4 billion

 Tay Peck Gek
Published Mon, May 19, 2025 · 01:44 PM
    • UOBKH expects SIA’s FY2026 core net profit to drop 8% year on year, as it will reflect the full-year impact of Air India’s negative contribution while the Indian airline undergoes a multi-year turnaround, with limited visibility on its profitability time line.
    • UOBKH expects SIA’s FY2026 core net profit to drop 8% year on year, as it will reflect the full-year impact of Air India’s negative contribution while the Indian airline undergoes a multi-year turnaround, with limited visibility on its profitability time line. PHOTO: YEN MENG JIIN, BT

    [SINGAPORE] Analysts have commented that the share price of Singapore Airlines (SIA) is fairly valued at the moment, even as several lifted their target price and recommended a “hold” on the stock, after the airline group published its FY2025 results.

    Their projections for FY2026 net profit range from S$900 million to S$1.4 billion.

    On May 15, SIA announced a 3.9 per cent rise in its bottom line to a record S$2.8 billion for the full year, boosted by a one-off, non-cash gain of S$1.1 billion from the Air India-Vistara merger. Revenue was at S$19.6 billion, up 2.8 per cent.

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