Venture Corp - Phillip Securities 2026-05-08: Here Comes The AI Bump

• Venture Corp (SGX:V03)'s 1Q26 revenue/net profit were within expectations at 24%/22% of our FY26e forecast. 1Q is seasonally weaker. Revenue faced a 6.3 percentage-point drag from the weaker US dollar. AI-related infrastructure products drove 11% y-o-y revenue growth. However, consumer lifestyle and related categories declined by 12% y-o-y .
• - Read this at SGinvestors.io -

The Positive

Revenue returns to growth.

• - Read this at SGinvestors.io -
• Driving growth was the 11.2% improvement in AI-related infrastructure products. It included products in test and measurement, networking cards, sensors, controllers and semiconductor equipment.

The Negative

Weak consumer lifestyle.

• The portfolio of products that include consumer lifestyle declined 12.4% y-o-y to S$212mil. Improvements to the product increased its lifespan and lengthened its lifecycle.

Outlook

• Read more at SGinvestors.io.

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

Previous report by Phillip:
2026-03-02 Venture Corp - Bottom In Sight.

Price targets by 4 other brokers at Venture Corp Target Prices.

Listing of research reports at Venture Corp Analyst Reports.

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