Dialog Group stock falls 1.52 percent as target price rises

Published on 09/25/2026 at 14:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dialog Group stock carries a MYR 2.40 target after BIMB Research raised it from MYR 2.25 on September 23, 2026. FY2026 revenue rose 15.3 percent to MYR 2.88 billion.

Dialog, MYL7277OO006, Illustration mit AI erstellt.

Dialog Group stock (ISIN MYL7277OO006) closed at MYR 1.95 on Bursa Malaysia on September 25, 2026, down 1.52 percent from the previous close of MYR 1.98. The move came as investors weighed a higher analyst target against a stock price 17.37 percent below its 52-week high of MYR 2.36.

RAJA project lifts target price

As The Star reported on September 23, 2026, BIMB Research raised its Dialog target price to MYR 2.40 from MYR 2.25 and maintained a buy rating. The change followed final investment approval for the RAJA Cluster Small Field Asset project.

The project has a development value of USD 81 million and proved and probable reserves of 6.1 million barrels of oil equivalent, according to The Star. First oil is targeted for fiscal year 2029, giving Dialog an additional upstream asset alongside its midstream and downstream operations.

FY2026 earnings reset the base

Dialog entered fiscal year 2027 after reporting FY2026 revenue of MYR 2.88 billion, up 15.3 percent year over year. Reported net profit reached MYR 593.6 million, compared with MYR 303.8 million in FY2025, while core net profit rose 47 percent to MYR 617.6 million, according to The Edge Malaysia.

The earnings comparison gives the new project a stronger starting point. The company also paid a FY2026 dividend of MYR 0.047 per share, versus MYR 0.031 per share for FY2025, while its midstream division contributed about half of FY2026 earnings, the same report said.

Stock remains below yearly high

Dialog Group shares traded between MYR 1.94 and MYR 2.00 during the September 25 session, with volume of 10,434,800 shares. The market capitalization stood at MYR 11,003,235,068 on the same date, placing the stock below its 52-week range high while keeping the current price above the MYR 1.54 low.

Dialog is listed on the Main Market of Bursa Malaysia under stock code 7277, according to Ultima Markets. For investors, the central comparison is now between the MYR 1.95 market price and the MYR 2.40 target, while project execution and oil prices remain key variables for the upstream contribution.