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United Overseas Bank Stock Forecast 2026: Multibagger stock

Piyush Sharma 0
United Overseas Bank Ltd (U11.SGX) Stock Forecast 2025-2026

United Overseas Bank Ltd (U11.SGX) Stock Forecast & Price Targets 2025-2026

Comprehensive Technical Analysis for Singapore's Banking Giant

Current Price: 34.65 SGD
Symbol: SGX: U11
P/E Ratio: 9.90
Dividend Yield: 5.11%
52-Week High: 39.20 SGD
52-Week Low: 29.00 SGD

Price Target Forecast: November 2025 - December 2026

Based on technical analysis and financial modeling, here are the projected price targets for United Overseas Bank Ltd.

Upside Price Targets

Time Frame Target (SGD) Gain
Short Term (Nov 2025 - Feb 2026) 37.50 8.2%
Medium Term (Mar 2026 - Jun 2026) 39.80 14.9%
Long Term (Jul 2026 - Dec 2026) 42.50 22.7%

Downside Price Targets

Time Frame Target (SGD) Loss
Short Term (Nov 2025 - Feb 2026) 32.20 -7.1%
Medium Term (Mar 2026 - Jun 2026) 30.50 -12.0%
Long Term (Jul 2026 - Dec 2026) 28.80 -16.9%

Technical Support & Resistance Levels

Support Levels

Level Price (SGD) Strength
Strong Support 1 33.20 High
Support 2 32.50 Medium
Support 3 31.80 Medium
Support 4 30.90 High
Major Support 5 29.50 Very High

Resistance Levels

Level Price (SGD) Strength
Resistance 1 35.80 Medium
Resistance 2 36.90 High
Resistance 3 38.20 Medium
Strong Resistance 4 39.50 Very High
Major Resistance 5 41.20 High

Trading Strategy & Key Levels

Breakout & Strong Buy Levels

Level Type Price (SGD) Target After Break
Breakout Buy 36.00 37.50
Pullback Buy 33.20 35.80
Aggressive Buy 32.50 36.90
Strong Breakout 39.50 42.50

Breakdown & Strong Sell Levels

Level Type Price (SGD) Target After Break
Initial Breakdown 33.20 32.00
Major Breakdown 32.00 30.50
Strong Breakdown 30.50 28.80
Resistance Sell 39.20 37.50

Profit Booking Strategy

Investment Horizon Profit Booking Level 1 Profit Booking Level 2 Profit Booking Level 3
Short Term Traders 36.50 SGD (5.3%) 37.20 SGD (7.4%) 38.00 SGD (9.7%)
Medium Term Investors 38.50 SGD (11.1%) 39.80 SGD (14.9%) 41.00 SGD (18.3%)
Long Term Investors 41.50 SGD (19.8%) 43.00 SGD (24.1%) 45.00 SGD (29.9%)

Expected Financial Performance 2026

Financial Indicator Projected 2026 Estimated Growth
Revenue 14.12B SGD 5.6%
Net Income 6.45B SGD 6.6%
Earnings Per Share (EPS) 3.86 SGD 5.8%
Net Profit Margin 45.7% 1.1%
Dividend Per Share 1.85 SGD 5.1%
P/E Ratio (Projected) 10.2 3.0%
Return on Assets (ROA) 1.21% 6.1%

Pro Tips for Traders & Investors

Short Term Trading (1-3 months)

For short-term traders, focus on the range between 33.20 SGD (support) and 36.90 SGD (resistance). Consider buying near support levels with a stop loss below 32.80 SGD. Target profits at 36.50-37.20 SGD range.

Medium Term Investing (3-12 months)

Medium-term investors should accumulate on dips towards 33.20-32.50 SGD range. The primary target is 39.80 SGD with a secondary target at 41.00 SGD. Maintain a stop loss below 31.50 SGD.

Long Term Investing (1+ years)

Long-term investors can consider systematic investment at current levels with a horizon of 2+ years. The long-term price target is 42.50-45.00 SGD by end of 2026. The dividend yield of over 5% provides additional return during holding period.

Frequently Asked Questions

Can United Overseas Bank Ltd stock become a multibagger in 2026?
While UOB shows solid fundamentals and growth potential, it's unlikely to become a traditional multibagger (10x returns) in 2026 given its large market cap and mature business model. However, with our projected 22.7% upside potential plus dividends, it could deliver strong total returns for investors.
What are the short term targets for United Overseas Bank Ltd stock?
Our short term targets (Nov 2025 - Feb 2026) are 37.50 SGD on the upside and 32.20 SGD on the downside from the current price of 34.65 SGD.
What are the medium term targets for United Overseas Bank Ltd stock?
Our medium term targets (Mar 2026 - Jun 2026) are 39.80 SGD on the upside and 30.50 SGD on the downside.
What are the long term targets for United Overseas Bank Ltd stock?
Our long term targets (Jul 2026 - Dec 2026) are 42.50 SGD on the upside and 28.80 SGD on the downside.
At what price should investors and traders buy United Overseas Bank Ltd stock?
For conservative investors, accumulation around 33.20-32.50 SGD support zone is recommended. Aggressive traders can consider buying on breakout above 35.80 SGD with proper stop losses.

Disclaimer

Important: This analysis and price targets are based on current financial data, technical analysis, and market conditions which can change anytime. The company's financial position may also change, affecting stock performance. Investors should regularly monitor their investments, company financial performance, and news related to United Overseas Bank Ltd. This analysis should not be considered as financial advice. Please consult with a qualified financial advisor before making investment decisions.

United Overseas Bank Stock Forecast

Indian Flag

Piyush Sharma

Qualifications: MBA (India), MBA (Australia), Master of Professional Accounting (Australia).

18+ years in the Indian stock market and running this website for 15+ years. Founder of PS International Group and Hamarijeet.com — popular for study-visa guidance, career help, government schemes, jobs and digital product updates.

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