ADVANC stock falls 1.17 percent as H1 profit rises 26 percent

Published on 10/07/2026 at 05:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Maybank maintained a Buy rating and THB 387 target for ADVANC on September 30. Q3 results are due November 3, with DBS valuing the stock at THB 420.

ADVANC, TH0268010R11, Illustration mit AI erstellt.

ADVANC (ISIN TH0268010R11) was trading at THB 337 on the SET on October 7, 2026 at 9:58 a.m. ICT, down 1.17 percent from the previous close. The latest operating update showed H1 2026 net profit of THB 27.2 billion, up 26 percent year over year, keeping earnings growth at the center of the investment case.

H1 profit rose 26 percent

According to Quartr in its September 15, 2026 Q2 summary, total revenue reached THB 56.5 billion in Q2 2026, up 0.8 percent year over year. EBITDA rose 8.8 percent to THB 32.9 billion, while quarterly net profit increased 25 percent to THB 13.7 billion.

The company also reported H1 2026 revenue of THB 114.7 billion, up 2.1 percent, and H1 EBITDA of THB 65.1 billion, up 8 percent. EBITDA margin reached 58.3 percent in Q2 2026, an improvement of 430 basis points from the prior-year quarter, according to Advanced Info Service.

Analysts see earnings recovery

Maybank Securities maintained a Buy recommendation and a THB 387 target in its September 30, 2026 assessment, as reported by Kaohoon International. Maybank forecasts core profit growth of 18 percent in fiscal year 2026 and expects Q3 2026 core profit of THB 13.4 billion, up 11 percent year over year but down 2 percent from Q2.

A separate DBS equity view dated October 1, 2026 kept a Buy recommendation and set a THB 420 target. DBS identified slower ARPU improvement, subscriber losses from competition and macroeconomic uncertainty as risks, while highlighting rising data usage and fixed broadband growth.

Stock trades below analyst targets

At THB 337, ADVANC was THB 50 below Maybank's THB 387 target and THB 83 below DBS's THB 420 target on October 7, 2026. The comparison is not a forecast from this article, but it shows why the next earnings checkpoint matters after the stock's 1.17 percent intraday decline.

ADVANC's market capitalization was THB 1.0 trillion on October 7, 2026, with 221,600 shares traded at the quoted time. The 52-week range was THB 291 to THB 410, placing the current price THB 73 below the yearly high and THB 46 above the yearly low.

Q3 results set for November

ADVANC stock was last at THB 337 on the SET on October 7, 2026 at 9:58 a.m. ICT. Maybank's published schedule places Q3 2026 results on November 3, while the company lists an Opportunity Day for November 6.