Singtel reported its 1QFY2026 core earnings rose 15% from the previous quarter and 14% from a year earlier to $686 million. This is the highest for a single quarter in more than five years and made up 25% of consensus estimates.
Analysts maintained a broadly positive stance on Singapore Telecommunications (Singtel) after its 1QFY2026 results showed the carrier on track to achieve double-digit return on invested capital (ROIC) and deliver its Singtel28 growth plan.
RHB Bank Singapore, DBS Group Research and UOB Kay Hian have reiterated their “buy” calls with target prices of $4.70, $4.58 and $4.58, respectively.
