Airports of Thailand stock, airport operator

CLSA upgrades Airports of Thailand stock to THB 70.00 target

Published on 10/20/2026 at 21:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Airports of Thailand reports next results on November 23, 2026. AOT stock costs EUR 1.53 on October 20, 2026, down 1.29 percent on Thailand's exchange.

Analyst target and reporting date

CLSA upgraded Airports of Thailand stock with a THB 70.00 target on October 9, 2026.
The next earnings report is scheduled for November 23, 2026.
AOT stock costs EUR 1.53 at Lang & Schwarz on October 20, 2026 at 9:46 p.m. CEST, with the Thailand quote down 1.29 percent.
Pi Securities projected fourth-quarter fiscal 2026 net income of THB 5.45 billion, up 41.00 percent year over year.

Airports of Thailand stock, airport operator, CLSA target, earnings date, Stock Exchange of Thailand, Illustration mit AI erstellt.

CLSA upgraded Airports of Thailand stock to a THB 70.00 target on October 9, 2026, while the latest Thailand quote stood at THB 57.25. The target is 22.27 percent above that home-market price, according to Investing.com. At Lang & Schwarz, the euro quotation was EUR 1.53 on October 20, 2026 at 9:46 p.m. CEST.

CLSA target leaves room above Bangkok

The CLSA entry lists a Buy rating, an upgrade, and a THB 70.00 target. It does not state an earlier target, so the comparison rests on the current Thailand price rather than a target change.

The home-market quote was THB 57.25 on October 20, 2026 at 4:36 p.m. ICT, down 1.29 percent from THB 58.00. The stock's 52-week range was THB 39.00 to THB 67.25, putting the latest quote 14.87 percent below the high and 46.79 percent above the low.

November 23 sets the next checkpoint

Airports of Thailand is scheduled to release its next earnings report on November 23, 2026, according to Investing.com. The date will cover the fiscal period ending September 2026.

A Thai analyst note published on October 14 projected fourth-quarter fiscal 2026 net income of THB 5.45 billion, up 41.00 percent from the prior-year quarter. The same note projected revenue of THB 17.96 billion and warned that passenger traffic assumptions had been reduced to 128.00 million for fiscal 2027. MakeMoney Insight carried the forecast.

Valuation remains a key counterweight

Airports of Thailand had a market capitalization of THB 817.9 billion and a price-to-earnings ratio of 43.70 as of October 20, 2026. The company operates six international airports in Thailand, including Suvarnabhumi, Don Mueang, Chiang Mai, Hat Yai, Phuket, and Mae Fah Luang Chiang Rai, according to its Airports of Thailand investor relations site.

What matters before the report?

The central test is whether passenger volumes and the higher passenger service charge can support the forecast earnings increase. The October 14 estimate assumes a full-quarter passenger service charge of THB 1,120.00 per departing passenger, compared with THB 730.00 previously, while projected passenger traffic remains below the earlier 135.00 million assumption.

Stock price and valuation

Airports of Thailand combines a 22.27 percent target distance with a 14.87 percent gap to its 52-week high. The market capitalization and 43.70 price-to-earnings ratio give the November report added importance for investors assessing whether the valuation can be supported by fiscal 2026 earnings.

At Lang & Schwarz, the stock stood at EUR 1.53 on October 20, 2026 at 9:46 p.m. CEST. On the Stock Exchange of Thailand, it stood at THB 57.25 on October 20, 2026 at 4:36 p.m. ICT, down 1.29 percent versus THB 58.00.