$SIA(C6L.SG)Singapore Airlines (C6L) recently traded around S$6.66 on 11 September 2026, after falling from its 52-week high of S$7.92.
The main recent concern is Air India. SIA owns 25.1% of Air India, which reported a large loss, and Air India is seeking additional funding. SIA is reportedly asking for stronger governance and performance conditions before considering further investment.
However, SIA’s core business remains relatively strong: FY2026 revenue reached a record level and operating profit increased 39% to S$2.4 billion.
For a recovery, I would watch the S$6.80–S$7.00 area first. If earnings improve, fuel costs remain manageable and Air India concerns ease, SIA could potentially move back toward S$7.20–S$7.50 over the next several months. The current analyst average target is around S$7.01, with estimates ranging from S$5.80 to S$8.00.
Sharing only, not investment advice.
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