UOB, SG1M31001969

UOB stock: DBS maintains Hold rating with SGD 42.50 target

Published on 10/23/2026 at 15:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB earned SGD 1.48 billion in second quarter 2026, up 11.00 percent. UOB stock costs EUR 29.03 on October 23, 2026.

DBS target and earnings

DBS maintained a Hold rating and set a SGD 42.50 target for UOB on October 19, 2026.
UOB reported SGD 1.48 billion net income in the second quarter of 2026, up 11.00 percent year over year.
UOB stock costs EUR 29.03 at Lang & Schwarz on October 23, 2026 at 3:04 p.m. CEST.
UOB traded at SGD 41.59 on the SGX, with a market capitalization of SGD 68.6 billion.

UOB, SG1M31001969, Illustration mit AI erstellt.

UOB (SG1M31001969) is facing a fresh neutral analyst signal after DBS maintained its Hold rating and set a SGD 42.50 price target in a report released on October 19, 2026, according to Markets Insider. At Lang & Schwarz, UOB stock was trading at EUR 29.03 on October 23, 2026 at 3:04 p.m. CEST.

DBS target leaves limited upside

The DBS target is 2.19 percent above UOB's SGX price of SGD 41.59 on October 23, 2026, based on the same currency. The target is also slightly above the SGD 42.20 valuation cited by FSM Global in its October 9, 2026 banking review.

That review kept UOB's target at SGD 42.20 and described the main watch points as net interest income recovery, wealth-management fees, asset quality and capital returns. The report also said UOB's high-net-worth assets under management reached SGD 204.0 billion in the first half of 2026.

Second-quarter earnings remain central

UOB's second-quarter 2026 revenue was SGD 3.38 billion, up 6.20 percent from the second quarter of 2025, while net income rose 11.00 percent to SGD 1.48 billion, according to Simply Wall St. The reported profit margin was 44.00 percent, compared with 42.00 percent in the year-earlier quarter.

The figures give the target debate a concrete earnings base. UOB's finance statements show net income of SGD 2.915 billion for the first half of 2026, compared with SGD 2.915 billion for the same half-year period in the source data, while the second-quarter result remained the more recent operating indicator.

Price position and valuation

UOB last traded at SGD 41.59 on the SGX on October 23, 2026 at 5:04 p.m. SGT. Its 52-week range was SGD 33.25 to SGD 45.15, placing the stock 7.88 percent below its high and 25.23 percent above its low. The market capitalization was SGD 68.6 billion and the price-to-earnings ratio was 10.66.

Comparison with peers

UOB: SGX, SGD, market capitalization SGD 68.6 billion, price-to-earnings ratio 10.66.

DBS Group: SGX, SGD, market capitalization SGD 211.7 billion, price-to-earnings ratio 18.85.

OCBC: SGX, SGD, market capitalization SGD 130.4 billion, price-to-earnings ratio 16.67.

Next reporting date

UOB's next scheduled trading update is set for November 4, 2026. The date appeared on the company's topic page and follows the second-quarter reporting period.

Investor reference

UOB's euro quotation gives German investors a current cross-venue indication, while the Singapore listing remains the relevant home-market valuation in SGD. The analyst targets and the upcoming November date keep earnings quality and capital returns central to the next assessment.

The further course of trading is shown by the continuously updated real-time quote of UOB stock.