Mi Technovation Berhad's 2026 revenue is forecast at RM970,000,000, while its EPS forecast has been raised to RM0.22. Following this, analysts raised their target price to RM7.23, with the outlook improving for both revenue and EPS.
The 5 analysts covering Mi Technovation Berhad forecast 2026 revenue of RM970,000,000, representing expected growth of approximately 13% from the previous year. EPS is consequently expected to be RM0.22, with the EPS outlook also expected to be upgraded by 8.5%.
Before this upgrade, analysts had forecast 2026 revenue of RM81,400,000 and EPS of RM0.18, so both revenue and EPS were raised substantially in the latest revision. The overall market outlook appears to have improved.
Following the review, analysts raised their target price for Mi Technovation Berhad by 7.5% to RM7.23. In assessing its long-term growth potential, they also indicated that annual growth through the end of 2026 is expected to be more modest than that of the broader market.
However, peers are expected to grow at an annual rate of approximately 17%, suggesting that Mi Technovation Berhad's growth is likely to slow relative to the industry average. Over the long term, the trajectory of the business and trends in its financial metrics will need to be monitored.