0642 GMT - AEM Holdings looks well-positioned to ride the growing system-level test market, DBS Group Research's Amanda Tan says in a research report. New technology is driving growth in test-related spending, leading to higher demand for AEM's system-level test solutions in the long term, the analyst says. The company is also at the cusp of a multiyear solutions rollout for new clients, with contributions from fabless AI customers expected to more than double in 2026. DBS raises the stock's target price to S$4.60 from S$3.30 based on an estimated 32 times 2027 earnings to better reflect a more representative earnings base, while maintaining a buy rating. Shares are 5.4% lower at S$3.88. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 23, 2026 02:42 ET (06:42 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments