TDCX

Broker's Calls

CGS-CIMB ups TDCX’s target price to US$6.60 after privatisation offer

While the proposal is non-binding in nature, analysts Ong Khang Chuen and Kenneth Tan see that a deal is likely.

Broker's Calls

PhillipCapital and CGS-CIMB analysts lower target price for NYSE-listed TDCX, following drag from largest customer Meta

PhillipCapital and CGS-CIMB have target prices of US$8.60 and US$6.20, and “buy” and “hold” calls respectively.

Broker's Calls

JP Morgan upgrades TDCX to 'overweight' with lower TP of US$7.40

In contrast to market expectations, JP Morgan analysts continue to anticipate earnings growth for TDCX.

Company in the news

TDCX welcomes two new healthtech clients in Europe

In the 1HFY2023 ended June, TDCX saw an 85% y-o-y increase in its revenue from Europe.
PhillipCapital, CGS-CIMB lower TPs on TDCX after FY2023 revenue guidance narrows - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital, CGS-CIMB lower TPs on TDCX after FY2023 revenue guidance narrows

PhillipCapital and CGS-CIMB analyst have lower their TPs to US$10.00 and US$6.50 from US$12.10 and US$9.50 previously.

Broker's Calls

Analysts mixed on TDCX, as visibility for core revenue contributor remains poor

PhillipCapital and CGS-CIMB have kept “buy”, while CGS-CIMB reiterates “hold” with a lower TP.
TDCX reports 1QFY2023 profit of US$20.5 mil, 22.5% higher y-o-y - THE EDGE SINGAPORE

Results

TDCX reports 1QFY2023 profit of US$20.5 mil, 22.5% higher y-o-y

The company expects its revenue to grow between 3% to 8% y-o-y on a constant currency basis in FY2023.

Digital Economy

TDCX enters Vietnam market with launch of campus in Ho Chi Minh

TDCX enters Vietnam with the launch of a new campus to deliver a good game to gaming clients

Broker's Calls

CGS-CIMB downgrades TDCX to 'hold' on 'near-term weakness'

CGS-CIMB analysts Ong Khang Chuen and Kenneth Tan have also lowered their target price to US$13.30 ($18) from US$15.50 previously.

Broker's Calls

PhillipCapital downgrades TDCX Inc to 'accumulate' as it expects tech spending weakness to continue

PhilipCapital's Jonathan Woo has also lowered his target price to US$14.80 ($19.43), down from $15.50 previously.
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