Finansia keeps THB 290 target for Delta Electronics stock

Published on 10/07/2026 at 03:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Finansia targets THB 290 for Delta Electronics stock on October 5, 2026. Revenue rose 50.70 percent to USD 2.01 billion in 2026's second quarter.

Delta Thai, TH0528010R18, Illustration mit AI erstellt.

Delta Electronics (ISIN TH0528010R18) has a THB 290 share-price target from Finansia Syrus Securities, which maintained its Buy recommendation on October 5, 2026, according to Kaohoon International. The target arrives as the company enters the third quarter with AI infrastructure demand supporting its electronics business.

THB 290 target meets recovery hopes

Finansia expects Delta Electronics to post third-quarter 2026 net profit of THB 8.30 billion, up 37.00 percent from the second quarter and 12.00 percent from the year-earlier period, Kaohoon International reported. The brokerage also projects fourth-quarter profit of THB 10.00 billion and full-year 2026 earnings of THB 32.00 billion, with the latter representing 30.00 percent year-over-year growth.

The forecast rests on a recovery in gross margin as supply pressure eases and delayed orders reach customers. The same report identifies AI data-center products as a continuing demand driver, while raw material costs remain an important variable for profitability.

Revenue growth meets margin pressure

Delta Electronics reported second-quarter 2026 revenue of USD 2.01 billion, up 50.70 percent year over year and 3.40 percent quarter over quarter, according to the company's earnings-call transcript published by Yahoo Finance. Net profit reached USD 186.00 million, a 33.40 percent year-over-year increase, although it fell 35.00 percent from the first quarter.

Management linked the pressure to semiconductor, memory and printed-circuit-board costs, alongside inventory provisions. The earnings call also described a healthy order pipeline for AI and data-center solutions, giving the growth story a clear contrast between expanding demand and higher input costs.

Market value and trading reference

DBS Vickers Securities previously set a THB 298.00 target and a Buy recommendation on September 7, 2026, while highlighting second-half margin recovery and 53.00 percent first-half revenue growth in US dollar terms, according to DBS. Its stated risks include raw material shortages, trade barriers, economic slowdown and Thai baht to US dollar movements.

Delta Electronics had a market capitalization of THB 3.4 trillion and a 52-week range of THB 155.50 to THB 372.00 as of October 6, 2026. The prior close at Lang & Schwarz was EUR 7.03 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Delta Electronics stock.