PETALING JAYA: Electronic manufacturing solutions provider Cnergenz Bhd, which reported a net loss in the first quarter ended March 31, 2026 (1Q26) on higher costs and weaker gross margins, expects the outlook to improve from 2Q26, says RHB Research.
The brokerage has maintained a “buy” call on the stock with an unchanged target price of 55 sen on 21 times financial year ending Dec 31, 2026 (FY26) price-to-earnings ratio, noting the company’s management has optimistic projections for an improving 2Q26 underpinned by continued artificial intelligence-driven demand.
