THCOM shares climbed 5.66% to 11.20 baht after brokers revised target prices and recommendations. Krungsri Securities maintained a buy rating and raised its target price to 14.7 baht from 14.5 baht, citing a smaller-than-expected loss in the second quarter of 2026 and expectations that THCOM will win the USO Phase 3 auction in the third quarter of 2026, which would be a key profit driver in 2027 to 2028. Asia Plus Securities noted that THCOM posted a net loss of 87 million baht, but excluding extraordinary items the normalized loss was 88 million baht, better than market expectations. It raised its 2027 profit forecast by 12% to 381 million baht and upgraded the recommendation from sell to trading, with a target price of 11.30 baht.
Thaicom Public Company LimitedBrokers raised target prices and upgraded recommendation after narrower-than-expected loss.
