iFAST Corporation - Maybank Research 2026-04-26: Scale Is The Key

• iFAST (SGX:AIY)’s 1Q26 net profit missed Street and MIBG expectations, despite rising 47.5% y-o-y, driven by its core wealth management and Hong Kong e-Pension business.
• We anticipate FY26E momentum to accelerate from higher capital market activity and iGB scaling, driving revenue growth. However, given rising geopolitical uncertainty and execution risk from its AUA and iGB targets, we trim our forecasts and remain conservative on iFAST’s scaling ability.

2030 AUA target receives greater visibility

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• Consequently, we also lower our FY26E non-interest revenue by 3% to S$569m.

All eyes on iGB as next frontier

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Previous report by Maybank:
2026-02-16 iFAST Corporation - Wealth & E-Pension Continues To Scale.

Price targets by 3 other brokers at iFAST Target Prices.

Listing of research reports at iFAST Analyst Reports.

Relevant links:
iFAST Share Price History,
iFAST Announcements,
iFAST Dividend Payout Dates & Corporate Actions,
iFAST News