Singapore Airlines (C6L) Stock Overview
Together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, Europe, South West Pacific, the Americas, West Asia and Africa, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
C6L Community Fair Values
Create NarrativeSee what 95 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Singapore Airlines Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | S$7.64 |
| 52 Week High | S$7.64 |
| 52 Week Low | S$6.21 |
| Beta | 0.52 |
| 1 Month Change | 15.06% |
| 3 Month Change | 14.71% |
| 1 Year Change | 10.72% |
| 3 Year Change | 1.87% |
| 5 Year Change | 56.24% |
| Change since IPO | 16.64% |
Recent News & Updates
Narrative Update • Jun 23
C6L: High Load Factors And New Partnership Will Mask Emerging Earnings Risk
The latest narrative update for Singapore Airlines reflects an unchanged analyst price target of SGD 6.59, with analysts citing refreshed assumptions on discount rate, revenue growth, profit margin and future P/E as the basis for their view. What's in the News Singapore Airlines reported May 2026 group operating results, with Group Airlines passenger available seats at 15,731.3 Km million, revenue passenger at 13,528.7 Km million, passengers carried at 3,612,100, and a passenger load factor of 86.0%.Analysis Article • Jun 19
Singapore Airlines (SGX:C6L) Stock Could Be 10.4% Overvalued After May Traffic Update
Singapore Airlines (SGX:C6L) has drawn fresh attention after reporting May 2026 operating data that showed higher passenger and cargo volumes year on year, coinciding with the appointment of veteran corporate lawyer Adrian Chan Pengee to its board. See our latest analysis for Singapore Airlines. At a share price of SGD7.28, Singapore Airlines has seen its momentum build recently, with a 12% 1 month share price return and a 12.87% year to date share price return. The 5 year total shareholder...Narrative Update • Jun 05
C6L: Wide-Body Fleet Renewal And Passenger Strength Will Support Steady Future Returns
Analysts have adjusted their price target for Singapore Airlines to SGD6.59 from SGD6.66, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. What's in the News Singapore Airlines is reported to be in early talks to buy at least 50 new wide body passenger jets, including Boeing 777X aircraft and Airbus A350-1000 aircraft, in multi billion dollar negotiations, according to recent media reports citing “Boeing Stock Gains As Singapore Airlines, Qantas Reportedly Eye Major Wide-Body Jet Orders”.Analysis Article • May 25
Singapore Airlines' (SGX:C6L) Problems Go Beyond Weak Profit
Singapore Airlines Limited's ( SGX:C6L ) recent weak earnings report didn't cause a big stock movement. However, we...Recent updates
Narrative Update • Jun 23
C6L: High Load Factors And New Partnership Will Mask Emerging Earnings Risk
The latest narrative update for Singapore Airlines reflects an unchanged analyst price target of SGD 6.59, with analysts citing refreshed assumptions on discount rate, revenue growth, profit margin and future P/E as the basis for their view. What's in the News Singapore Airlines reported May 2026 group operating results, with Group Airlines passenger available seats at 15,731.3 Km million, revenue passenger at 13,528.7 Km million, passengers carried at 3,612,100, and a passenger load factor of 86.0%.Analysis Article • Jun 19
Singapore Airlines (SGX:C6L) Stock Could Be 10.4% Overvalued After May Traffic Update
Singapore Airlines (SGX:C6L) has drawn fresh attention after reporting May 2026 operating data that showed higher passenger and cargo volumes year on year, coinciding with the appointment of veteran corporate lawyer Adrian Chan Pengee to its board. See our latest analysis for Singapore Airlines. At a share price of SGD7.28, Singapore Airlines has seen its momentum build recently, with a 12% 1 month share price return and a 12.87% year to date share price return. The 5 year total shareholder...Narrative Update • Jun 05
C6L: Wide-Body Fleet Renewal And Passenger Strength Will Support Steady Future Returns
Analysts have adjusted their price target for Singapore Airlines to SGD6.59 from SGD6.66, citing updated assumptions on discount rates, revenue growth, profit margins and future P/E levels. What's in the News Singapore Airlines is reported to be in early talks to buy at least 50 new wide body passenger jets, including Boeing 777X aircraft and Airbus A350-1000 aircraft, in multi billion dollar negotiations, according to recent media reports citing “Boeing Stock Gains As Singapore Airlines, Qantas Reportedly Eye Major Wide-Body Jet Orders”.Analysis Article • May 25
Singapore Airlines' (SGX:C6L) Problems Go Beyond Weak Profit
Singapore Airlines Limited's ( SGX:C6L ) recent weak earnings report didn't cause a big stock movement. However, we...Analysis Article • May 17
Earnings Beat: Singapore Airlines Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Singapore Airlines Limited ( SGX:C6L ) just released its annual report and things are looking bullish. Results were...Narrative Update • Apr 26
C6L: Strong Passenger Load Factors Will Support Steady Future Returns
Analysts have slightly reduced their fair value estimate for Singapore Airlines, from SGD 6.80 to SGD 6.66. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions.Narrative Update • Apr 11
C6L: Stable Traffic And Load Factors Will Support Fairly Valued Returns
Analysts have trimmed their Singapore Airlines price target slightly, now seeing fair value at about SGD6.80 compared with roughly SGD6.86 before, reflecting updated assumptions around discount rate, revenue growth, profit margins and future P/E. What's in the News In February 2026, passenger operations reported available seats of 10,922.3 km millions, revenue passenger traffic of 9,267.8 km millions, 2,107,100 passengers carried, and a passenger load factor of 84.9% (Announcement of Operating Results).Narrative Update • Mar 27
C6L: Stable Passenger And Cargo Metrics Will Support Fairly Valued Returns
Analysts now group Singapore Airlines around a SGD6.86 price target, a marginal adjustment from the prior figure that reflects updated inputs for discount rate, revenue growth, profit margin and future P/E assumptions, without a major shift in the underlying thesis. What's in the News Singapore Airlines reported January 2026 group passenger operations with available seats of 15,890.3 million seat-km and revenue passenger traffic of 13,757.2 million revenue passenger-km, with 3,657,100 passengers carried and a passenger load factor of 86.6% (company operating results).Narrative Update • Mar 13
C6L: Stable Load Factors And Margins Will Support Fairly Valued Returns
Analysts have lifted their Singapore Airlines price target slightly, from SGD6.80 to about SGD6.86. This reflects updated fair value work and a modestly lower discount rate, while revenue growth, profit margin and future P/E assumptions remain broadly in line with prior estimates.Narrative Update • Feb 26
C6L: Stable Traffic And Margins Will Sustain Fairly Valued Returns
Analysts have raised their SGD fair value estimate for Singapore Airlines from SGD 6.20 to SGD 6.80, citing updated assumptions for revenue growth, profit margins, and future P/E multiples that collectively support a higher price target. What's in the News In January 2026, group passenger operations reported available seat capacity of 15,890.3 km millions and revenue passenger traffic of 13,757.2 km million, with 3,657,100 passengers carried and a passenger load factor of 86.6% (company operating results).Narrative Update • Feb 10
C6L: Steady Load Factors And Dividends Will Support Fairly Valued Returns
Analysts have raised their fair value estimate for Singapore Airlines from S$6.17 to S$6.20, attributing the change to small adjustments in discount rate assumptions, revenue growth expectations, profit margin forecasts and the projected future P/E multiple. What's in the News Monthly operating statistics for December 2025 show group passenger available seat capacity of 16,101.1 km millions and revenue passenger traffic of 14,158.4 km millions, with 3,755,100 passengers carried and a passenger load factor of 87.9% (company announcement).Narrative Update • Jan 26
C6L: Steady Load Factors And Dividends Will Support Earnings Stability
Narrative Update Analysts have kept their fair value estimate for Singapore Airlines unchanged at $6.17 while making only slight refinements to key inputs such as the discount rate and future P/E. This reflects a largely steady view on the stock’s risk and earnings profile.Analysis Article • Jan 14
Does Singapore Airlines (SGX:C6L) Deserve A Spot On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Jan 10
C6L: Passenger Load Factors And Dividend Payouts Will Support Future Earnings Stability
Analysts have slightly revised their price target for Singapore Airlines, reflecting updated assumptions around discount rates and future P/E. However, they have kept their fair value estimate broadly unchanged at $6.17.Analysis Article • Dec 30
Singapore Airlines Limited's (SGX:C6L) Price Is Right But Growth Is Lacking
With a price-to-earnings (or "P/E") ratio of 8.9x Singapore Airlines Limited ( SGX:C6L ) may be sending bullish signals...Narrative Update • Dec 24
C6L: Passenger Demand And Dividend Payouts Will Support Future Earnings Stability
Analysts have modestly raised their price target on Singapore Airlines to reflect a slightly lower perceived risk profile and stable long term growth and margin assumptions, while leaving their fair value estimate unchanged at approximately $6.17 per share. What's in the News Passenger traffic continued to grow in November 2025, with passengers carried rising to about 3.53 million and passenger load factor holding at 87.3%, indicating sustained demand strength (company operating statistics, November 2025).Narrative Update • Dec 10
C6L: Passenger Strength And Softer Cargo Will Support Steady Future Earnings
Analysts have nudged their price target for Singapore Airlines slightly higher, citing marginal improvements in discount rate, revenue growth expectations, profit margin assumptions, and future earnings multiples that together support a modest uplift in the stock's estimated fair value to about $6.17. What's in the News October 2025 traffic figures showed stronger passenger performance, with available seat capacity up to 15,599.3 km million and revenue passenger km rising to 13,622.7 km million.Narrative Update • Nov 26
C6L: Passenger And Cargo Volumes Will Support Measured Earnings Performance
Analysts have lowered their price target for Singapore Airlines to $6.17 from $6.32, citing updated expectations for profit margins and earnings. What's in the News Singapore Airlines reported carrying 10,503,000 passengers in the second quarter of 2025, an increase from 9,630,000 a year earlier (Announcement of Operating Results).Analysis Article • Nov 20
We Believe Singapore Airlines' (SGX:C6L) Earnings Are A Poor Guide For Its Profitability
Even though Singapore Airlines Limited ( SGX:C6L ) posted strong earnings recently, the stock hasn't reacted in a large...Analysis Article • Nov 16
Singapore Airlines (SGX:C6L) Is Reducing Its Dividend To SGD0.08
The board of Singapore Airlines Limited ( SGX:C6L ) has announced it will be reducing its dividend by 20% from last...Narrative Update • Nov 11
C6L: Passenger Volumes And Load Factors Will Support Steady Performance Ahead
Analysts have lowered their price target for Singapore Airlines slightly, adjusting it from $6.32 to $6.32. They cited a modest reduction in the assumed discount rate while maintaining expectations for revenue growth and profit margins.Narrative Update • Oct 28
Passenger Growth And Margins Will Shape Future Capacity And Risk Assessment
Singapore Airlines' analyst price target has seen a slight adjustment downward, with the fair value estimate moving from $6.32 to $6.32 as analysts factor in a marginally higher revenue growth outlook, which is offset by a small decrease in profit margins and discount rates. What's in the News Singapore Airlines carried 3,384,400 passengers in September 2025, up from 3,132,600 a year earlier.Analysis Article • Oct 19
Returns At Singapore Airlines (SGX:C6L) Are On The Way Up
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Narrative Update • Oct 14
Delivery Delays Of Boeing 777 Will Limit Capacity And Compress Future Margins
Analysts have adjusted their fair value estimate for Singapore Airlines slightly downward from $6.39 to $6.32. This reflects nuanced changes in key business assumptions and profit expectations.Analysis Article • Sep 28
Why Investors Shouldn't Be Surprised By Singapore Airlines Limited's (SGX:C6L) Low P/E
When close to half the companies in Singapore have price-to-earnings ratios (or "P/E's") above 15x, you may consider...Analysis Article • Jul 15
Singapore Airlines (SGX:C6L) Has Announced A Dividend Of SGD0.30
Singapore Airlines Limited's ( SGX:C6L ) investors are due to receive a payment of SGD0.30 per share on 27th of August...Analysis Article • Jul 13
Singapore Airlines (SGX:C6L) Might Have The Makings Of A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
New Narrative • Nov 24
Boeing 777 Delays And Rising Costs Threaten Revenue And Margins Amid Intensifying Competition
Boeing 777 delivery delays hinder capacity expansion, impacting growth plans and future revenue potential.Shareholder Returns
| C6L | SG Airlines | SG Market | |
|---|---|---|---|
| 7D | 5.5% | -0.8% | 0.2% |
| 1Y | 10.7% | -2.8% | 29.1% |
Return vs Industry: C6L exceeded the SG Airlines industry which returned -2.8% over the past year.
Return vs Market: C6L underperformed the SG Market which returned 29.1% over the past year.
Price Volatility
| C6L volatility | |
|---|---|
| C6L Average Weekly Movement | 2.3% |
| Airlines Industry Average Movement | 5.2% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in SG Market | 13.3% |
| 10% least volatile stocks in SG Market | 2.4% |
Stable Share Price: C6L has not had significant price volatility in the past 3 months compared to the SG market.
Volatility Over Time: C6L's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1947 | n/a | Choon Phong Goh | www.singaporeair.com |
Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, Europe, South West Pacific, the Americas, West Asia and Africa, and internationally. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments. The company offers engineering services, pilot training services, air charters, and related services; tour activities; refurbishes aircraft galleys; payment and lifestyle reward app; and sells merchandise.
Singapore Airlines Limited Fundamentals Summary
| C6L fundamental statistics | |
|---|---|
| Market cap | S$24.07b |
| Earnings (TTM) | S$1.18b |
| Revenue (TTM) | S$20.52b |
20.3x
P/E Ratio1.2x
P/S RatioIs C6L overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| C6L income statement (TTM) | |
|---|---|
| Revenue | S$20.52b |
| Cost of Revenue | S$13.54b |
| Gross Profit | S$6.98b |
| Other Expenses | S$5.79b |
| Earnings | S$1.18b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.38 |
| Gross Margin | 34.00% |
| Net Profit Margin | 5.77% |
| Debt/Equity Ratio | 43.4% |
How did C6L perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield70%
Payout RatioDoes C6L pay a reliable dividends?
See C6L dividend history and benchmarks| Singapore Airlines dividend dates | |
|---|---|
| Ex Dividend Date | Aug 11 2026 |
| Dividend Pay Date | Aug 28 2026 |
| Days until Ex dividend | 46 days |
| Days until Dividend pay date | 63 days |
Does C6L pay a reliable dividends?
See C6L dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/25 17:06 |
| End of Day Share Price | 2026/06/25 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Singapore Airlines Limited is covered by 28 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null Research Department | AmInvestment Bank Berhad |
| Wei Fang | BNP Paribas |
| Nathan Gee | BofA Global Research |