Brokers see AMATA's second-half transfer momentum accelerating on the AI and data center investment wave, supporting sales and land prices. Second-quarter net profit for fiscal 2026 came in at 1.795 billion baht, up 565.62 percent from a year earlier, driven by land transfer revenue recognition at Amata City Chonburi 2, the company's highest-margin area. Yuanta set a year-end fair value of 38.75 baht, based on a price-to-earnings ratio of 11 times, while Globlex gave a target price of 33.50 baht with a hold recommendation, noting that the full-year land sales target of 2,800 rai remains challenging after first-half transfers reached only 10 percent of the goal, with a possible downward revision after the earnings call.
Amata Corporation Public Company LimitedAI and data center investment wave supports land transfers and prices, boosting AMATA's sales and net profit.
