Singtel Stock Outlook 2026: UBS Downgrade, Data Centre Mega‑Deal and Dividend Growth After a 50% Rally
Singtel shares closed at S$4.73 on 1 December 2025, near decade highs after a 50% rally this year, valuing the company at S$78 billion. UBS downgraded the stock to “Neutral” with a S$4.40 target, citing limited upside. Underlying net profit for H1 FY2026 rose 14% to S$1.35 billion. The board raised the interim dividend 17% to 8.2 cents per share.