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Earnings Update: iFAST Corporation Ltd. (SGX:AIY) Just Reported And Analysts Are Trimming Their Forecasts

Simply Wall St · 6d ago

iFAST Corporation Ltd. (SGX:AIY) investors will be delighted, with the company turning in some strong numbers with its latest results. Results were good overall, with revenues beating analyst predictions by 2.1% to hit S$515m. Statutory earnings per share (EPS) came in at S$0.32, some 2.1% above whatthe analysts had expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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SGX:AIY Earnings and Revenue Growth February 15th 2026

After the latest results, the seven analysts covering iFAST are now predicting revenues of S$574.0m in 2026. If met, this would reflect a notable 12% improvement in revenue compared to the last 12 months. In the lead-up to this report, the analysts had been modelling revenues of S$605.5m and earnings per share (EPS) of S$0.43 in 2026. Overall, while there's been a small dip in revenue estimates, the consensus now no longer provides an EPS estimate. This implies that the market believes revenue is more important following the latest results.

View our latest analysis for iFAST

We'd also point out that thatthe analysts have made no major changes to their price target of S$12.08. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values iFAST at S$13.50 per share, while the most bearish prices it at S$11.12. This is a very narrow spread of estimates, implying either that iFAST is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that iFAST's revenue growth is expected to slow, with the forecast 12% annualised growth rate until the end of 2026 being well below the historical 22% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.3% annually. Even after the forecast slowdown in growth, it seems obvious that iFAST is also expected to grow faster than the wider industry.

The Bottom Line

The clear low-light was that the analysts cut their forecast revenue estimates for iFAST next year. They also downgraded iFAST's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target held steady at S$12.08, with the latest estimates not enough to have an impact on their price targets.

We have estimates for iFAST from its seven analysts out to 2028, and you can see them free on our platform here.

We also provide an overview of the iFAST Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.