Sri Trang stock gets a THB 23.90 target as rubber outlook improves

Published on 10/04/2026 at 18:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sri Trang stock was last at THB 21.90 on October 2, while a brokerage set a THB 23.90 target on October 1. Q2 profit reached THB 895 million.

Sri Trang, TH0254A10Z14, Illustration mit AI erstellt.

Sri Trang stock (ISIN TH0254A10Z14) was last at THB 21.90 on the SET on October 2, 2026, against a 52-week range of THB 11.20 to THB 23.50. The latest analyst view came on October 1, when a brokerage recommended Speculative Buy at THB 23.00 and Land and Houses Securities maintained Buy with a THB 23.90 target, according to Kaohoon International.

Analysts see rubber upside

The THB 23.90 target lies 9.1 percent above the October 2 price. The report linked the recommendations to the medium-term effect of El Niño and stronger rubber pricing, while identifying possible delays to EUDR regulations as a factor that could affect the outlook.

Land and Houses Securities projects normalized 2026 profit of THB 2,701 million, up 734.3 percent from a THB 426 million loss in the prior year, according to Kaohoon International. That forecast makes the current share price particularly sensitive to rubber prices and the timing of regulatory changes.

Q2 profit reached THB 895 million

Sri Trang reported second-quarter 2026 revenue of THB 31,003.807 million, net income of THB 894.996 million and earnings per share of THB 0.580, according to Investing.com. Revenue increased from THB 26,841.751 million in the first quarter, while net income rose from THB 645.434 million, making the sequential gains 15.5 percent and 38.7 percent respectively.

The Thai securities regulator lists the consolidated second-quarter statements for the period ended June 30, 2026, and the company discussion and analysis dated August 14, 2026, in its filing database, according to the Thai SEC.

SET price remains below yearly high

Sri Trang operates across natural rubber products, gloves, plantations, engineering, logistics and information technology services, according to Reuters. The SET quotation stood 6.8 percent below the THB 23.50 52-week high and the company had a market capitalization of THB 33.6 billion on October 2, 2026.

Stock valuation and trading data

Sri Trang stock was last at THB 21.90 on the SET on October 2, 2026, at 4:37 p.m. ICT. Trading volume was 9,080,433 shares, while the session range ran from THB 21.60 to THB 22.10.