DBS Group Holdings Ltd (SGX: D05) Stock Forecast 2025-2026
Complete Technical & Fundamental Analysis with Price Targets
Current Market Price: 53.44 SGD
Market Cap: 15.15K Cr | P/E Ratio: 13.57 | Dividend Yield: 4.38%
Executive Summary
Based on comprehensive technical and fundamental analysis, DBS Group Holdings Ltd is expected to show moderate growth through 2025-2026. The bank's strong financial performance, consistent dividend payments, and market position in Singapore support a positive outlook, though global economic conditions may create volatility.
Price Forecast Tables
Upside Price Targets
| Time Frame | Target Price (SGD) | Potential Gain | Rationale |
|---|---|---|---|
| Short Term (Nov 2025 - Feb 2026) | 58.50 - 60.20 | 9.5% - 12.7% | Technical breakout & seasonal strength |
| Medium Term (Mar 2026 - Jun 2026) | 61.80 - 64.50 | 15.6% - 20.7% | Earnings growth & dividend stability |
| Long Term (Jul 2026 - Dec 2026) | 66.20 - 69.80 | 23.9% - 30.6% | Fundamental valuation & market expansion |
Downside Price Targets
| Time Frame | Support Level (SGD) | Potential Decline | Risk Scenario |
|---|---|---|---|
| Short Term (Nov 2025 - Feb 2026) | 50.20 - 48.80 | 6.1% - 8.7% | Market correction & profit booking |
| Medium Term (Mar 2026 - Jun 2026) | 47.50 - 45.20 | 11.1% - 15.4% | Economic slowdown & higher rates |
| Long Term (Jul 2026 - Dec 2026) | 43.80 - 41.50 | 18.0% - 22.3% | Recession & credit quality concerns |
Technical Levels
Resistance Levels
Support Levels
Key Technical Levels
Strong Buy Levels (After Breakout)
Strong Sell Levels
Profit Booking Levels
Expected Financial Performance 2026
Pro Tips for Traders & Investors
Short Term Trading (0-3 Months)
For short-term traders, focus on the range between 52.20 SGD (support) and 56.40 SGD (resistance). Consider buying near support levels with a stop loss at 50.80 SGD. Target 58.50 SGD for partial profit booking.
Medium Term Investing (3-12 Months)
Medium-term investors can accumulate on dips below 52.00 SGD. The primary target is 64.50 SGD with a secondary target at 69.80 SGD by end of 2026. Maintain a stop loss at 47.50 SGD.
Long Term Investing (1+ Years)
Long-term investors should consider DBS as a core portfolio holding for dividend income and steady growth. Accumulate systematically with a 5-year horizon. Target price of 75-80 SGD by 2027-2028 based on earnings growth and dividend reinvestment.
Frequently Asked Questions
While DBS has strong fundamentals, it's unlikely to become a multibagger (10x returns) in 2026 given its large market capitalization and mature business model. However, it could deliver solid returns of 20-30% based on our analysis.
Our short-term targets (Nov 2025 - Feb 2026) are 58.50 - 60.20 SGD, representing a potential gain of 9.5% - 12.7% from current levels.
Our medium-term targets (Mar 2026 - Jun 2026) are 61.80 - 64.50 SGD, representing a potential gain of 15.6% - 20.7% from current levels.
Our long-term targets (Jul 2026 - Dec 2026) are 66.20 - 69.80 SGD, representing a potential gain of 23.9% - 30.6% from current levels.
For conservative investors, accumulation between 52.00 - 50.80 SGD is recommended. Aggressive traders can consider buying on breakout above 55.20 SGD with proper stop losses.
Important Disclaimer
This analysis is for informational purposes only and should not be considered as financial advice. The price targets are based on current financial data and market conditions, which can change anytime. The company's financial position may also change, so regularly monitor your investments and stay updated with company news and performance. Past performance is not indicative of future results. Always consult with a qualified financial advisor before making investment decisions.
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