City Developments Limited (SGX:C09)
Singapore flag Singapore · Delayed Price · Currency is SGD
8.14
+0.11 (1.37%)
Sep 17, 2026, 5:08 PM SGT

City Developments Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, City Developments stock has a consensus rating of "Buy" and an average price target of $10.50. The average 1-year stock price forecast is 28.99% higher than the current stock price, while the lowest is $6.10 (-25.06%) and the highest is $12.11 (+48.77%).

Price Target: $10.50 (+28.99%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$6.10$10.50$11.26$12.11
Change-25.06%+28.99%+38.33%+48.77%
* Price targets were last updated on Aug 17, 2026.

Analyst Ratings

The average analyst rating for City Developments stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy788888
Buy233333
Hold100000
Sell111111
Strong Sell211111
Total131313131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Phillip Securities
Phillip Securities
Buy
Maintains
$11.32
BuyMaintains$11.32+39.07%Aug 17, 2026
CGS International
CGS International
Buy
Maintains
$12.11
BuyMaintains$12.11+48.77%Aug 14, 2026
DBS
DBS
Buy
Maintains
$12.00
BuyMaintains$12.00+47.42%Aug 14, 2026
Goldman Sachs
Goldman Sachs
Buy
Upgrades
$9.78
BuyUpgrades$9.78+20.15%May 29, 2026
J.P. Morgan
J.P. Morgan
Hold
Downgrades
$8.70
HoldDowngrades$8.70+6.88%Mar 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
4.05B
from 3.59B
Increased by 12.93%
Revenue Next Year
4.37B
from 4.05B
Increased by 7.99%
EPS This Year
0.48
from 0.75
Decreased by -35.03%
EPS Next Year
0.53
from 0.48
Increased by 9.99%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
2.63B3.29B4.94B3.27B3.59B4.05B
Revenue Growth
24.54%25.42%50.03%-33.80%9.66%12.93%
Gross Profit
977.71M1.25B1.65B1.46B1.46B1.58B
Gross Margin
37.23%37.86%33.36%44.69%40.79%39.00%
Operating Income
160.58M219.71M664.41M406.70M388.79M803.24M
Net Income
84.71M1.29B317.31M201.32M629.68M434.41M
EPS
----0.750.48
EPS Growth
----722.51%-35.03%
Forward PE
16.7316.2318.9612.8022.8416.81
Dividend / Share
0.080.080.080.080.250.19
Dividend Growth
----212.50%-25.96%
Free Cash Flow
-277.02M372.82M59.17M817.13M-2.37B361.00M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is SGD.

Revenue Forecast

Revenue202620272028
High4.8B
Avg4.1B
Low3.1B

Revenue Growth

Revenue Growth202620272028
High
33.5%
Avg
12.9%
Low
-12.6%

EPS Forecast

EPS202620272028
High0.54
Avg0.48
Low0.44

EPS Growth

EPS Growth202620272028
High
-27.0%
Avg
-35.0%
Low
-41.0%