Bank of America maintains Buy rating for Singtel stock

Published on 10/26/2026 at 15:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Singtel's first-quarter profit rose 21.00 percent to SGD 831 million. Singtel stock costs EUR 2.91 on October 26, 2026.

Analyst view and operating figures

Bank of America maintained its Buy rating for Singtel on October 22, 2026.
Underlying net profit rose 21.00 percent to SGD 831 million in the first quarter of fiscal 2027.
Singtel stock costs EUR 2.91 at Lang & Schwarz on October 26, 2026 at 3:42 p.m. CEST.

Singtel, SG1T75931496, Illustration mit AI erstellt.

Singtel (ISIN SG1T75931496) had a market capitalization of SGD 67.6 billion as of October 26, 2026. Bank of America Securities maintained its Buy rating for Singtel in an October 22, 2026 note, according to The Edge Singapore. Singtel stock was trading at EUR 2.91 at Lang & Schwarz on October 26, 2026 at 3:42 p.m. CEST.

First-quarter profit reaches SGD 831 million

Singtel's underlying net profit rose 21.00 percent year over year to SGD 831 million in the first quarter of fiscal 2027. The period ended June 30, 2026, and the figure gives the analyst view a concrete operating foundation. The Smart Investor reported the comparison and the company's capital-return figures on October 12, 2026.

Buybacks total SGD 1.05 billion

Singtel spent SGD 1.05 billion on share buybacks during the first nine months of 2026, equal to 44.10 percent of the Singapore market total cited in the same report. The company had used 41.00 percent of its SGD 2 billion buyback program, while canceled shares lifted earnings per share by 1.10 percent.

Singapore operations remain the counterweight

The operating picture is mixed within the group. Singtel Singapore generated SGD 230 million in earnings before interest and taxes in the first quarter of fiscal 2027, down 2.00 percent from the prior-year period, while Optus and NCS increased earnings before interest and taxes by 14.00 percent and 29.00 percent, respectively, according to The Smart Investor. Regional associates contributed SGD 543 million of post-tax profit in the quarter.

Valuation and shareholder returns

Singtel's fiscal 2026 dividend was SGD 0.185 per share, up from SGD 0.170 in the prior fiscal year. A separate October 1, 2026 comparison placed the dividend yield at 4.30 percent and the forward earnings multiple at 20.00, while identifying telecom competition, regulation and digital-transformation execution as key investor considerations.

Stock position for investors

The stock's Singapore quotation had a 52-week range of SGD 3.99 to SGD 5.27 as of October 26, 2026. The euro quotation is useful for German investors, while the operating figures and shareholder returns remain stated in Singtel's reporting currency.