KCE Electronics' 2Q Earnings May be Weakest of 2026 -- Market Talk

0327 GMT - KCE Electronics' 2Q earnings may be weakest of 2026 owing to continued cost headwinds, say UOB Kay Hian analysts in a research report. While the printed circuit board manufacturer could raise PCB prices by 10%-12% in 2H, the increase is likely to be at the lower end of this range, as the company mainly serves the automotive segment rather than AI server market. The brokerage downgrades the stock's rating to hold from buy as share price seems to have mostly priced in the Thai company's 2H earnings rebound. However, it raises the target price to 40.00 baht from 36.00 baht on expectations of robust 2H earnings. Shares are 1.8% lower at 41.25 baht. (ronnie.harui@wsj.com)

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July 26, 2026 23:27 ET (03:27 GMT)