SGX:C38U Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, SGX:C38U stock has a consensus rating of "Buy" and an average price target of $2.69. The average 1-year stock price forecast is 19.03% higher than the current stock price, while the lowest is $2.40 (+6.19%) and the highest is $3.06 (+35.40%).

Price Target: $2.69 (+19.03%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$2.40	$2.69	$2.72	$3.06
Change	+6.19%	+19.03%	+20.35%	+35.40%

Analyst Ratings

The average analyst rating for SGX:C38U stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	8	8	9	9	10
Buy	3	3	3	3	3	3
Hold	4	4	4	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Koh UOB Kay Hian	UOB Kay Hian	Buy Maintains $2.95 → $3.06	Buy	Maintains	$2.95 → $3.06	+35.40%	May 19, 2026
Lock Mun Yee CGS International	CGS International	Buy Maintains $2.74	Buy	Maintains	$2.74	+21.24%	Apr 28, 2026
Xuan Tan Goldman Sachs	Goldman Sachs	Buy Maintains $2.72	Buy	Maintains	$2.72	+20.35%	Apr 14, 2026
Mervin Song J.P. Morgan	J.P. Morgan	Buy Maintains $2.75	Buy	Maintains	$2.75	+21.68%	Feb 24, 2026
Geraldine Wong DBS	DBS	Buy Maintains $2.80	Buy	Maintains	$2.80	+23.89%	Feb 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.71B

from 1.62B

5.89%

from 1.62B

Revenue Next Year

1.79B

from 1.71B

4.23%

from 1.71B

EPS This Year

0.12

from 0.13

-6.38%

from 0.13

EPS Next Year

0.12

from 0.12

4.59%

from 0.12

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.31B	1.44B	1.56B	1.59B	1.62B	1.71B
Revenue Growth	75.13%	10.47%	8.20%	1.69%	2.07%	5.89%
Net Income	1.08B	723.37M	862.57M	933.68M	937.29M	1.01B
EPS	-	-	-	-	0.13	0.12
EPS Growth	-	-	-	-	11.01%	-6.38%
Dividend / Share	0.10	0.11	0.11	0.11	0.12	0.12
Dividend Growth	-	1.73%	1.61%	1.21%	6.43%	3.51%
Free Cash Flow	414.20M	581.98M	539.61M	485.39M	113.90M	1.54B
FFO	-	-	-	-	-	857.00M
FFO / Share	-	-	-	-	-	0.11
P/FFO	-	-	-	-	-	20.55
No. Analysts	-	-	-	-	-	15

EPS based on non-GAAP adjusted numbers. Financial currency is SGD.

Revenue Forecast

Revenue	2026	2027	2028
High	1.8B
Avg	1.7B
Low	1.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	10.2%
Avg	5.9%
Low	2.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.12
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-6.4%
Low	-