AP Thai stock gains 2.56 percent as analysts lift targets

Published on 10/07/2026 at 06:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AP Thai stock gained 2.56 percent to THB 8.00 on October 7, 2026. Q2 revenue reached THB 10.82 billion, while 13 analysts set a THB 10.11 average target.

AP Thai, TH0308010Y08, Illustration mit AI erstellt.

AP Thai stock gained 2.56 percent to THB 8.00 on the Stock Exchange of Thailand on October 7, 2026, lifting the property developer's market capitalization to THB 25.2 billion. The move puts the shares at 17.53 percent below their 52-week high of THB 9.70, while the 52-week low stands at THB 6.85.

Quarterly revenue sets the base

AP Thailand's latest reported quarter produced revenue of THB 10.82 billion and net income of THB 1.063 billion, according to Investing.com. The figures refer to the quarter reported on August 13, 2026, and compare with revenue of THB 9.59 billion and net income of THB 903.48 million in the preceding quarter.

The comparison points to a 12.83 percent sequential increase in revenue and a 17.70 percent rise in net income. The Securities and Exchange Commission of Thailand lists AP's consolidated Q2 2026 statement for the period ended June 30, 2026, confirming the reporting period in its filing database via the Securities and Exchange Commission of Thailand.

Analysts see further upside

The consensus rating is Strong Buy, based on 13 analysts, with an average 12-month target of THB 10.11, a high of THB 11.50 and a low of THB 9.25, according to Investing.com. The average target lies 26.38 percent above the THB 8.00 price on October 7, 2026.

A separate research update adds a more specific valuation signal. TradingView reported on September 9, 2026, that ttb wealth securities raised its target to THB 11.50 from THB 10.00 while keeping a Buy rating. The same report said AP's first-half presales grew 16 percent, contrasting with a 2 percent contraction for the top 12 listed residential developers.

AP Thai stock trades above THB 8

AP Thai was last at THB 8.00 on the SET at 11:26 a.m. ICT on October 7, 2026, with a session range of THB 7.75 to THB 8.00 and volume of 88,400 shares. The price response gives investors a live test of whether the recent earnings improvement and analyst valuation gap can translate into sustained demand.