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C6L.SI Stock Today: Q3 Beat, Pricing Recovery Signs — February 26

Global Market Insights
5 mins read

Singapore Airlines Q3 profit is back in focus after the flag carrier topped street estimates and posted record quarterly revenue of S$5.5 billion. Operating profit rose 25.9% year on year, while net profit dipped due to the lack of last year’s one‑off gain. Reported on 24 Feb 2026, the update points to early pricing recovery and resilient demand. For Singapore investors, the key questions are where yields, load factors and cargo trends head next, and how the pending S$0.07 special dividend fits into returns.

Q3 beat: headline numbers and context

Singapore Airlines reported record S$5.5 billion revenue and a 25.9% rise in operating profit in Q3, beating consensus as premium demand held up and capacity expanded. Net profit fell year on year due to the absence of a one‑off gain in the prior period. Analysts flagged early pricing recovery in fares and better cabin mix, a positive backdrop for Singapore Airlines Q3 profit. Source: Business Times.

The first mention of C6L.SI puts the C6L.SI share price around S$7.03 today, within a S$6.98 to S$7.06 intraday range and below the S$7.63 year high. Market cap stands at S$22.40 billion, EPS is S$0.71, and the PE is 10.1. Dividend yield is 5.30%. Volume of 15.34 million exceeds the 5.24 million average, reflecting strong interest after the Singapore Airlines Q3 profit beat.

Pricing recovery and operating drivers to watch

Analysts see early signs of pricing recovery, helped by steady premium cabin demand and disciplined capacity. We are watching passenger yields, load factors and forward bookings across key routes, including North Asia, Europe and Australia. Stronger fares would support unit revenue even as capacity grows, reinforcing the Singapore Airlines Q3 profit narrative into the March quarter.

Cargo yields remain softer as global freight rates normalise, which can temper overall margins. Another watchpoint is Air India‑related losses that could offset gains elsewhere. The pending S$0.07 special dividend is a support for total returns, but sustainability rests on yields, load factors and cargo trends holding up against these headwinds and any seasonal demand shifts.

Technical setup: momentum strong, conditions overbought

Momentum is firm with RSI at 82.01 and ADX at 41.77 indicating a strong trend. MACD is positive, and Money Flow Index at 87.83 shows robust inflows. While this supports the bullish case after Singapore Airlines Q3 profit headlines, overbought readings suggest higher near‑term volatility. Traders may prefer defined risk, while long‑term investors can focus on fundamentals and income.

Bollinger upper band sits near S$7.25, while Keltner upper is around S$7.01. Initial support is near S$6.80, close to the 200‑day average at S$6.70 and above the 50‑day at S$6.51. A consolidation toward S$6.80 would reset conditions, while a break above S$7.25 could extend the trend in the C6L.SI share price if volumes stay elevated.

What Singapore investors should track next

Near term, watch the timetable for the S$0.07 special dividend, updates on capacity growth and any commentary on fare trends by region. Fuel costs and hedging will shape margins. Strong China and India travel demand can lift yields, while cargo rate stabilisation would help. For context on record revenue and profit mix, see the WSJ report.

On fundamentals, ROE is 19.13% with debt‑to‑equity at 0.70 and current ratio at 0.82. Valuation screens reasonable at price‑to‑sales 1.13 and EV/EBITDA 9.46. Meyka’s stock grade is B+ with a BUY suggestion, while our overall rating stance is Neutral. Upside to Singapore Airlines Q3 profit depends on fares, load factors and cargo stabilisation outweighing India‑related and cost risks.

Final Thoughts

SIA’s Q3 showed record S$5.5 billion revenue, a 25.9% operating profit rise and the clearest signs yet of pricing recovery. The share trades near S$7.03 with strong momentum and a 5.30% dividend yield, plus a pending S$0.07 special dividend that could enhance returns. Overbought technicals argue for patience on entries, so staggered buys or buying on dips toward support can balance risk. From here, the path of yields, load factors, cargo rates and fuel costs will decide whether margins expand further. If these hold firm, Singapore Airlines Q3 profit momentum can carry into the next quarter. Maintain discipline, watch guidance and dividend updates closely.

FAQs

Did Singapore Airlines beat Q3 estimates?

Yes. SIA posted record S$5.5 billion revenue and a 25.9% rise in operating profit in Q3, topping street expectations. Net profit declined year on year because last year included a one‑off gain that did not repeat. Analysts highlighted early pricing recovery as a supportive trend for margins and cash flows.

Is there evidence of pricing recovery at SIA?

Analysts report early recovery in fares, helped by resilient premium demand and disciplined capacity. We will watch yields, load factors and route mix across North Asia, Europe and Australia. If fares hold and cabin mix stays favourable, unit revenue should improve and support margins despite normalising cargo yields.

Is C6L.SI attractive at the current price?

At about S$7.03, C6L.SI trades on a PE of 10.1 with a 5.30% dividend yield. Momentum is strong, but RSI at 82.01 and MFI at 87.83 are overbought. Long-term investors may prefer staggered entries or dip-buying near support, while tracking yields, cargo trends and the pending S$0.07 special dividend.

What should Singapore investors monitor next for SIA?

Focus on yields, load factors, cargo rates, fuel costs and any capacity guidance. Track timelines for the S$0.07 special dividend. Also watch India‑related losses and China outbound demand recovery. These drivers will influence margins, cash generation and whether the Singapore Airlines Q3 profit momentum extends into the next quarter.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

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