Asia Plus upgrades HomePro stock target to THB 7.10
Published on 10/20/2026 at 01:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and operating results
- Asia Plus Securities changed its HomePro view on October 15, 2026.
- Second-quarter 2026 earnings reached THB 1.59 billion.
- HomePro stock was last at THB 6.35 on October 19, 2026 at 4:36 p.m. GMT+7 on the SET.
HomePro (ISIN TH0661010007) received an upgrade from Asia Plus Securities to Buy with a THB 7.10 price target on October 15, 2026, as MarketScreener reported. HomePro was last at THB 6.35 on the SET on October 19, 2026 at 4:36 p.m. GMT+7.
Why the upgrade matters
The analyst action puts the next earnings release at the center of the stock story. The target of THB 7.10 is above the latest THB 6.35 price, while the upgrade also changes the recommendation from Trading to Buy.
HomePro's second-quarter 2026 results showed revenue of THB 16.92 billion and earnings of THB 1.59 billion, figures reported by Yahoo Finance. The company's reviewed consolidated statements for the quarter ended June 30, 2026 were listed by Thailand's securities regulator on October 18, 2026, with the management discussion dated July 27, 2026, according to the Thai SEC.
What does the target imply
Using the latest SET price as the comparison, the THB 7.10 target stands 11.81 percent above THB 6.35. That gap gives the analyst upgrade a measurable valuation angle, but it does not remove the operating risks identified in current research.
InnovestX forecast third-quarter 2026 net profit of THB 1.30 billion, flat year over year and down 18.00 percent quarter over quarter. The same report estimated HomePro same-store sales at minus 2.80 percent year over year, while new orders in October 2026 were up 10.00 percent year over year.
Three dates shape the stock
On July 27, 2026, HomePro reported second-quarter and first-half results, with THB 16.92 billion of revenue and THB 1.59 billion of earnings, according to Yahoo Finance.
On August 30, 2026, the company completed a buyback of 83.00 million shares for THB 514.84 million, according to MarketScreener.
On October 15, 2026, Asia Plus Securities upgraded HomePro from Trading to Buy and set a THB 7.10 target, as MarketScreener reported.
Upcoming reporting date
HomePro's next earnings date is October 27, 2026, according to Yahoo Finance. That release should provide the next dated test of sales, margins and the recovery in orders.
SET valuation and business
HomePro operates home improvement retail stores and related installation, repair and household services in Thailand, Malaysia and Vietnam. Its market capitalization was THB 82.5 billion, and its 52-week range was THB 5.75 to THB 7.55 as of October 19, 2026.
The latest price sits below the analyst target and within the reported yearly range. For investors, the October earnings date and the contrast between weaker same-store sales and stronger new orders are the key markers for judging whether the upgrade can hold.
HomePro was last at THB 6.35 on the SET on October 19, 2026 at 4:36 p.m. GMT+7.
HomePro stock key facts
- Company: Home Product Center Public Company Limited
- ISIN: TH0661010007
- Ticker: HMPRO.BK
- Primary exchange: Thailand Stock Exchange
- Last SET price: THB 6.35 (as of October 19, 2026, 4:36 p.m. GMT+7)
- Market capitalization: THB 82.5 billion (as of October 19, 2026)
- 52-week range: THB 5.75-THB 7.55 (as of October 19, 2026)
- Sector / Industry: Consumer Cyclical / Home Improvement Retail
- Next earnings date: October 27, 2026
Market context: Latest market reports.
