Analysts at Krungsri Securities and Yuan Ta Securities (Thailand) issued research notes on 30 September 2026, expecting Advanced Info Service, or ADVANC, to post normalised profit of about 13 billion baht for the third quarter of 2026, a strong gain from a year earlier, driven by its mobile phone and fixed broadband internet businesses. Krungsri Securities forecasts normalised profit of 13.4 billion baht, up 12% year on year but down slightly, about 1%, from the previous quarter, and expects total revenue of roughly 57.7 billion baht, up 6.2% from a year earlier and 2.2% from the previous quarter. Yuan Ta Securities expects normalised profit of 13.2 billion baht, up 10% year on year but down about 3% from the previous quarter, with mobile service revenue excluding IC at roughly 34.4 billion baht and fixed broadband revenue at about 8.64 billion baht. Both houses maintain a Buy rating. Krungsri Securities sets a target price of 430 baht and keeps its 2026 normalised profit forecast at about 53.3 billion baht, up 15.9% from a year earlier. Yuan Ta Securities sets a 2027 target price of 403 baht and estimates normalised profit for 2026 and 2027 at about 54.2 billion baht and 57.7 billion baht, up 17.7% and 6.5% year on year respectively, and sees further growth potential from investment in AI infrastructure.
Advanced Info Service Public Company LimitedBoth brokers maintain Buy and set target prices (430/403 baht) with strong Q3 2026 profit forecasts for ADVANC.
Bank of Ayudhya PCL