With DBS Group Holdings Limited (SGX: D05), or DBS, posting record profits and lifting its dividend, it was only a matter of time before someone floated the big one: Can the stock hit S$100 by the end of 2026?
It’s a fun target.
But rather than predicting a price, it’s more useful to ask a harder question – what would actually have to happen for DBS to get there?
Let’s examine the case for S$100 per share below.
How Far Away Is S$100?
DBS’s share price recently notched a record high of over S$76.
Against a target of S$100, the bank’s share price has to rise by around 30% in five months.
For perspective, DBS is already Singapore’s largest listed company, worth well over S$210 billion.
A 30% rise would add roughly S$60 billion to its market capitalisation.
It’s not impossible, but it’s a tall order for a business this size….
