Nanofilm Technologies International's AMBU Segment Likely Key Revenue Driver — Market Talk

Nanofilm Technologies International's Advanced Materials Business Unit segment is likely its key revenue driver, CGS International's William Tng says in a research report. The Singapore-listed technology company's 1Q revenue jumped 24% on year, led by the AMBU segment, the analyst notes. In the AMBU segment, Nanofilm Technologies continues to advance technical developments and deepen customer engagement to capture additional functional coating opportunities and expand its portfolio into larger components. The brokerage lifts its 2027-2028 revenue forecasts for the company by 2.4%-4.8%. It raises the stock's target price to S$1.40 from S$0.82 with an unchanged add rating. Shares are 38% higher at S$1.41. (ronnie.harui@wsj.com)