Riverstone - RHB Research 2026-05-13: Riding The ASP Upswing

• While Riverstone (SGX:AP4) is benefiting from stronger ASPs and resilient cleanroom demand, we believe much of the near-term recovery is already reflected in recent performance of Riverstone's share price. This, coupled with lingering uncertainty over glove pricing sustainability and the still oversupplied market, leads us to maintain our NEUTRAL call.

A challenging 1Q26

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -
• Nevertheless, we raise our Riverstone's dividends assumptions to incorporate potential special dividends, supported by management’s commitment to distributing 100% EPS and depreciation as special dividends.

Cleanroom advantage.

• Read more at SGinvestors.io.

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

Previous report by RHB:
2026-02-20 Riverstone - Holding Steady.

Price targets by other brokers at Riverstone Target Prices.

Listing of research reports at Riverstone Analyst Reports.

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