Venture stock trades at SGD 16.58 as DBS lifts target to SGD 22.90

Venture stock was trading at SGD 16.58 on the Singapore Exchange on September 28, 2026 at 1:00 p.m. SGT, down 0.84 percent from the prior close of SGD 16.72. The latest analyst catalyst is DBS raising its target to SGD 22.90 from SGD 21.80 on September 14, 2026.

DBS raises its target

According to DBS on September 14, 2026, Venture is positioned to return to growth in FY2026 after three years of contraction. The research view points to AI-related infrastructure, stronger Portfolio B demand and easing pressure in Portfolio A.

DBS also cited Venture's cash position of SGD 1.1 billion and zero borrowings as of June 30, 2026. The research note identified a global slowdown, weaker client demand and US dollar exposure as key risks to the recovery case.

Revenue growth returns

Venture's Q2 FY2026 revenue rose 15.6 percent sequentially to SGD 726.0 million from SGD 628.0 million in Q1 FY2026. DividendParadise reported the Q2 FY2026 comparison on September 9, 2026.

Q2 FY2026 earnings per share increased 11.8 percent to SGD 0.218 from SGD 0.195 in the preceding quarter. The same report put the net profit margin at 8.7 percent, showing that cost pressure still limits the conversion of higher sales into earnings.

Stock remains below yearly high

Venture stock had a 52-week range of SGD 13.75 to SGD 18.75 on September 28, 2026, with market capitalization of SGD 4.8 billion and session volume of 265,500 shares. The SGD 16.58 price was 11.57 percent below the 52-week high, leaving the recovery story dependent on sustained operating growth rather than a single quarterly improvement.

For investors, the key tension is clear: revenue and earnings per share improved in Q2 FY2026, while the margin remained below the reported revenue growth rate. The next scheduled earnings date is October 30, 2026.