He projects a roughly 2.5% drop in consumer revenue next year, with mobile service revenue down about 2% as premium customers continue migrating to lower-priced SIM-only plans.
DBS Group Research has downgraded StarHub to “fully valued” with a lower target price of 94 cents, down from $1.19 previously.
Analyst Sachin Mittal forecasts ebitda to fall about 20% in FY2026, broadly in line with StarHub’s guidance for a 20% to 25% decline, as consumer revenue slips and enterprise-related operating costs rise.

