Finansia Syrus Securities said in an analysis today that it expects Thai Union Group to post net profit of approximately 1.29 billion baht in the third quarter of 2026, up 2.5% from the previous quarter and flat compared with the same period last year. Earnings remain resilient despite pressure from rising expenses, supported by sales in the Ambient and Pet Food businesses, which continue to grow well. Meanwhile, if tuna prices decline in October, it would ease cost pressure and be a positive factor for margins in the next quarter. Finansia also maintained its forecast for TU's 2026 profit to grow 3.7% from last year, and shifted to a 2027 target price of 14.80 baht, seeing further upside from the merger and acquisition deal of i-Tail Corporation as well as the group's operational efficiency improvement plans. It therefore maintained its Buy recommendation.
Thai Union Group PCLFinansia maintains Buy and a 14.80 baht target, expecting Q3 2026 net profit of 1.29 billion baht.
i-Tail Corp. PCLFinansia sees further upside for TU from the i-Tail Corporation merger and acquisition deal.
Finansia X Public Company Limited