Kasikorn Securities expects TRUE to report a normalised profit for the second quarter of 2026 of approximately 6.24 billion baht, up 77.4% from the same period last year and up 7.2% from the previous quarter. The growth is supported by core service revenue expanding strongly for a fourth consecutive quarter, along with cost management efficiency and merger benefits. As a result, EBITDA in the first half of 2026 is expected to rise by about 12%, exceeding management's target range of 7 to 9%. The research team maintains a buy recommendation with a target price of 16.77 baht, viewing that the valuation gap relative to ADVANC has scope to narrow and that the company is likely to manage capital more proactively.
True Corporation Public Company LimitedBroker expects 77% profit growth, maintains buy with higher target, citing strong revenue and cost efficiency.
Advanced Info Service Public Company Limited