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AEM crosses $10 mark following wave of higher target prices post 1QFY2026 update

The Edge Singapore
The Edge Singapore • 1 min read
AEM crosses $10 mark following wave of higher target prices post 1QFY2026 update
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AEM Holdings is up yet again on a wave of higher target prices following its 1QYF2026 update, along with suggestions that the chip tester is underway in a multi-year earnings growth story.

John Cheong of UOB Kay Hian raised his target price from $4.70 to $12.99, which is based on 40x FY2028 earnings, up from 33x FY2027.

William Tng of CGS International rates the stock $14.79, up from $10.15. The valuation is based on 43x FY2027 earnings, up from 41x previously.

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