From the analysts’ perspective, the company’s earning outlook remains robust, supported by a solid pipeline and sustained project momentum. Revenue grew 14.9% y-o-y to $21.8 million in 1HFY2026, driven by strong excavation and logistics demand and multiple project wins.
UOB KayHian analysts Tang Kai Jie and Heidi Mo have initiated a “buy” call on one of Singapore’s top three earthworks and excavation contractors, Reclaims Global, with a target price of 56 cents.
In their Jan 12 initiation report, the analysts highlighted that Reclaims Global’s strong execution record and established relationships with major public sector clients position the company as a key partner in large-scale infrastructure and redevelopment projects, supporting its long-term growth opportunities.
