NationGate Holdings is trading at MYR 1.65, up 10.74% now after UOB Kay Hian upgraded the stock to Buy and raised its target price to RM1.88 from RM0.82.
- UOB Kay Hian expects an earnings inflection from 4Q26, supported by new optical-module programmes, strong AI data-centre demand and higher production yields.
- The research house sees an S-curve recovery into FY27. Shares extended recent gains after closing at MYR 1.49 on August 24, 2026.