Dao Securities (Thailand) Public Company Limited has issued an analysis expecting Neo Corporate Public Company Limited, or NEO, to post net profit of approximately 247 million baht in the third quarter of 2026, up 321% from the same period last year and up 19% from the previous quarter, marking its highest level in six quarters. The gain is driven by revenue expected to set a new record, with the key factor being sales boosted by the "Thai Help Thai Plus" program, as well as product price increases starting in July 2026. For the fourth quarter of 2026, Dao Securities sees continued growth compared with the same period last year, benefiting from the easing of the flood situation. Meanwhile, the research team has raised its net profit forecast for NEO in 2026 by 12% to 720 million baht, up 28% from last year, and maintained its "Buy" recommendation while raising the target price to 34.00 baht from 31.00 baht.
Neo Corporate PclDao Securities raised NEO's 2026 profit forecast and target price to 34 baht, expecting Q3 profit to surge 321%.
