Singtel (SGX: Z74) Stock Outlook as of 2 December 2025: 50% Rally, UBS Downgrade, AI Data Centres and Dividend Growth
Singtel shares climbed 51% over the past year to S$4.68 as of midday 2 December 2025, outpacing the Straits Times Index. UBS downgraded the stock to Neutral after the rally, citing fair valuation. Recent drivers include stronger-than-expected earnings, raised guidance, and asset sales. Market cap stands at about S$77.6 billion, with a trailing P/E of 12.7 and a dividend yield near 3.9%.