UOB Kay Hian raises target for Bumitama Agri stock to SGD 2.54

Published on 10/13/2026 at 06:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian lifted its target from SGD 2.15 to SGD 2.54 on September 30, 2026. Bumitama Agri stock has 9.60 percent higher 2027 profit forecasts.

UOB Kay Hian raised its Bumitama target to SGD 2.54 from SGD 2.15 on September 30, 2026.
The broker lifted its 2027 net profit forecast for Bumitama by 9.60 percent.
Bumitama reported IDR 19.95 trillion in fiscal 2025 revenue and IDR 3.37 trillion in net profit.
The next earnings date is November 10, 2026, according to Investing.com.

Bumitama, SG2E67980267, Illustration mit AI erstellt.

UOB Kay Hian raised its target for Bumitama Agri stock to SGD 2.54 from SGD 2.15 on September 30, 2026, giving the plantation group a fresh earnings-led valuation reference. The broker also lifted its 2027 net profit forecast for Bumitama by 9.60 percent, while maintaining a Buy rating.

Target rises on palm oil outlook

According to UOB Kay Hian on September 30, 2026, the higher target reflected firmer assumptions for crude palm oil prices and supply risks linked to El Nino conditions. Its report raised the 2027 crude palm oil price assumption to RM 4,700 per tonne from RM 4,400 per tonne and identified Bumitama as its top plantation pick.

The same report raised Bumitama's 2027 net profit forecast by 9.60 percent. That comparison matters because the target moved from SGD 2.15 to SGD 2.54, a 18.14 percent increase calculated against the earlier target. The report also maintained a Buy rating and said the higher export levy would reduce part of the earnings benefit.

Three dated operating milestones

Bumitama Agri reported fiscal 2025 revenue of IDR 19.95 trillion and net profit of IDR 3.37 trillion in its investor materials. The group also reported 3.43 million metric tonnes of fresh fruit bunches harvested during fiscal 2025, with yield improving 5.00 percent to 19.5 tonnes per hectare.

On August 14, 2026, the company listed its first-half 2026 results announcement among its investor announcements. On September 30, 2026, UOB Kay Hian published the target increase to SGD 2.54, making the analyst revision the latest dated item in this chronology.

What does the forecast mean?

The forecast points to operating leverage from palm oil pricing, but UOB Kay Hian also identified two counterweights: a higher Indonesian export levy and a projected 1.00 percent year-over-year decline in Bumitama's 2027 fresh fruit bunch output. The report therefore connects the 9.60 percent profit upgrade with a more cautious production assumption.

Key dates and market value

Investing.com lists November 10, 2026 as Bumitama's next earnings date. The market capitalization was SGD 3.3 billion and the 52-week range was SGD 1.23 to SGD 2.50 as of October 13, 2026.

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