CLSA keeps THB 70.00 target for AOT stock, 20.17 percent above price

Published on 10/17/2026 at 18:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit forecast is THB 5.45 billion in fiscal 2026. AOT stock costs THB 58.25 on October 15, 2026, up 1.30 percent versus October 14 close.

Analyst view and valuation

CLSA retained its AOT rating on October 9, 2026.
Projected net income for the fiscal fourth quarter of 2026 is THB 5.45 billion, up 41.00 percent year over year.
AOT stock was last at THB 58.25 on October 15, 2026 at 4:36 p.m. ICT, up 1.30 percent versus the prior close of October 14, 2026.
The price-to-earnings ratio was 44.47 and the market capitalization was THB 832.1 billion as of October 15, 2026.

AOT stock, Airports, analyst target, valuation, SET, Thailand, Illustration mit AI erstellt.

CLSA kept its Buy rating and THB 70.00 target for Airports of Thailand on October 9, 2026, putting the target 20.17 percent above the THB 58.25 last price. According to Investing.com, 21 analysts were tracked in the overall rating data. AOT was last at THB 58.25 on October 15, 2026 at 4:36 p.m. ICT, up 1.30 percent versus the prior close of October 14, 2026.

Fourth-quarter earnings estimate

The latest forecast points to net income of THB 5.45 billion in the fiscal fourth quarter of 2026, up 41.00 percent from the comparable period and 23.00 percent from the previous quarter. MakeMoney Insight said the estimate reflects a full-quarter contribution from the international passenger service charge of THB 1,120 per passenger, compared with THB 730 previously.

Price position and activity

The latest SET price stood 13.38 percent below the 52-week high of THB 67.25 and 49.36 percent above the low of THB 39.00. The October 15 session recorded 27,346,891 shares, 8.08 percent above the average volume of 25,302,206 shares. Airports of Thailand operates six international airports in Thailand, including Suvarnabhumi and Don Mueang, according to the company's investor-relations page.

Valuation and investor dates

Airports of Thailand had a market capitalization of THB 832.1 billion and a price-to-earnings ratio of 44.47 as of October 15, 2026. Its dividend yield was 1.39 percent, while the annualized dividend stood at THB 0.81. The latest earnings listing places the next report in November 2026, while the most recent published earnings release was dated August 13, 2026, for the third quarter of fiscal 2026.

Comparison with peers

Airports of Thailand (SET, THB): plus 1.30 percent, price-to-earnings ratio 44.47, market capitalization THB 832.1 billion
Bangkok Airways (SET, THB): minus 0.53 percent, price-to-earnings ratio 10.00, market capitalization THB 39.0 billion

Stock position after the latest session

The SET quotation places AOT below its 52-week high while the latest broker target remains above the last traded price. The earnings estimate also gives investors a dated measure for the potential effect of higher passenger charges. Airports of Thailand stock was last at THB 58.25 on October 15, 2026 at 4:36 p.m. ICT, up 1.30 percent versus the prior close of October 14, 2026.