UMS Integration's Earnings Upcycle Likely to Be Strong -- Market Talk

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0530 GMT - UMS Integration's 2026-2028 earnings upcycle is likely to be strong, CGS International's William Tng says in a research report. Having renewed its three-year integrated system contract with a major customer, together with the progress in manufacturing of new products for this customer and a new client, the company is confident of its 2026 outlook. In its 2025 annual report, the precision engineering group noted that both customers have forecasted robust demand growth for 2026 and 2027 driven by the acceleration of AI applications. The brokerage lifts its 2026-2028 revenue forecasts for UMS Integration by 0.2%-12.7%. It raises the stock's target price to S$2.23 from S$1.88 with an unchanged add rating. Shares are 8.4% higher at S$1.94. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 16, 2026 01:30 ET (05:30 GMT)

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Having renewed its three-year integrated system contract with a major customer, together with the progress in manufacturing of new products for this customer and a new client, the company is confident of its 2026 outlook. In its 2025 annual report, the precision engineering group noted that both customers have forecasted robust demand growth for 2026 and 2027 driven by the acceleration of AI applications. The brokerage lifts its 2026-2028 revenue forecasts for UMS Integration by 0.2%-12.7%. It raises the stock's target price to S$2.23 from S$1.88 with an unchanged add rating. Shares are 8.4% higher at S$1.94. 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Having renewed its three-year integrated system contract with a major customer, together with the progress in manufacturing of new products for this customer and a new client, the company is confident of its 2026 outlook. In its 2025 annual report, the precision engineering group noted that both customers have forecasted robust demand growth for 2026 and 2027 driven by the acceleration of AI applications. The brokerage lifts its 2026-2028 revenue forecasts for UMS Integration by 0.2%-12.7%. It raises the stock's target price to S$2.23 from S$1.88 with an unchanged add rating. Shares are 8.4% higher at S$1.94. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2026 01:30 ET (05:30 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"558.SI","symbol_name":"UMS控股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627662532","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627662532","pubTimestamp":1776317400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0530 GMT - UMS Integration's 2026-2028 earnings upcycle is likely to be strong, CGS International's William Tng says in a research report. Having renewed its three-year integrated system contract with a major customer, together with the progress in manufacturing of new products for this customer and a new client, the company is confident of its 2026 outlook. In its 2025 annual report, the precision engineering group noted that both customers have forecasted robust demand growth for 2026 and 2027 driven by the acceleration of AI applications. The brokerage lifts its 2026-2028 revenue forecasts for UMS Integration by 0.2%-12.7%. It raises the stock's target price to S$2.23 from S$1.88 with an unchanged add rating. Shares are 8.4% higher at S$1.94. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"558.SI":"UMS控股"},"translate_title":"UMS Integration的盈利上升周期可能强劲——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"558.SI":1.5},"content_text":"0530 GMT - UMS Integration's 2026-2028 earnings upcycle is likely to be strong, CGS International's William Tng says in a research report. Having renewed its three-year integrated system contract with a major customer, together with the progress in manufacturing of new products for this customer and a new client, the company is confident of its 2026 outlook. In its 2025 annual report, the precision engineering group noted that both customers have forecasted robust demand growth for 2026 and 2027 driven by the acceleration of AI applications. The brokerage lifts its 2026-2028 revenue forecasts for UMS Integration by 0.2%-12.7%. It raises the stock's target price to S$2.23 from S$1.88 with an unchanged add rating. Shares are 8.4% higher at S$1.94. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 16, 2026 01:30 ET (05:30 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}