0258 GMT - UMS Integration's medium-term growth trajectory is likely supported by stronger demand from customers, says DBS Group Research's Lee Keng Ling in commentary. Its key global customers expect demand growth over 2026-2027, the analysts note. The semiconductor-component maker's operating profit is likely to benefit from stronger operating leverage, which supports earnings growth through higher volumes, improved product mix and better manufacturing efficiencies. UMS's integrated systems segment is poised to benefit from the ongoing semiconductor upcycle, she adds. DBS raises its 2026-2027 earnings forecasts by 3%-7% and lifts its target price to S$1.83 from S$1.48. The bank maintains a buy rating on UMS Integration, which is up 4.7% at S$1.57. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 02, 2026 21:58 ET (02:58 GMT)
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