Should I buy iFAST stock in 2025?
Is it the right time to buy iFAST?
ScoreiFAST Corporation Ltd (SGX: AIY) stands out as a leading fintech and digital banking platform in Singapore, recently trading at approximately S$6.62 per share with a three-month average daily trading volume of 1.08 million shares. The company has delivered robust Q1 2025 results, posting a 24.4% year-on-year revenue rise and a net profit of S$19.04 million, both exceeding analyst expectations. Notable events, such as iFAST Securities US gaining direct access to US exchanges and expansion of its wealth management services, have underpinned investor confidence. While the share price has seen some short-term softness, the underlying fundamentals remain compelling, buoyed by strong performance from its digital banking arm and ongoing expansion across Asia and the UK. Market sentiment remains constructive, with the majority of analysts maintaining a buy outlook. Positioned in the fast-evolving fintech sector, iFAST benefits from its innovation in digital banking and wealth management, offering investors exposure to long-term industry growth trends. The consensus target price of S$8.60, as assessed by more than 9 regional and global banks, suggests that iFAST possesses solid upside potential for investors seeking a blend of growth and stability.
- ✅Consistently strong revenue and net profit growth, outperforming analyst forecasts.
- ✅Robust position in Asian fintech and digital banking sectors.
- ✅Ongoing expansion into new regional and international markets.
- ✅Innovative product development, especially in AI-driven financial services.
- ✅Proven ability to adapt to regulatory changes across operating regions.
- ❌Significant earnings still reliant on Asia’s regulatory and economic climate.
- ❌Increased competition from both established banks and new fintech entrants.
Score- ✅Consistently strong revenue and net profit growth, outperforming analyst forecasts.
- ✅Robust position in Asian fintech and digital banking sectors.
- ✅Ongoing expansion into new regional and international markets.
- ✅Innovative product development, especially in AI-driven financial services.
- ✅Proven ability to adapt to regulatory changes across operating regions.
Is it the right time to buy iFAST?
- ✅Consistently strong revenue and net profit growth, outperforming analyst forecasts.
- ✅Robust position in Asian fintech and digital banking sectors.
- ✅Ongoing expansion into new regional and international markets.
- ✅Innovative product development, especially in AI-driven financial services.
- ✅Proven ability to adapt to regulatory changes across operating regions.
- ❌Significant earnings still reliant on Asia’s regulatory and economic climate.
- ❌Increased competition from both established banks and new fintech entrants.
Score- ✅Consistently strong revenue and net profit growth, outperforming analyst forecasts.
- ✅Robust position in Asian fintech and digital banking sectors.
- ✅Ongoing expansion into new regional and international markets.
- ✅Innovative product development, especially in AI-driven financial services.
- ✅Proven ability to adapt to regulatory changes across operating regions.
- What is iFAST?
- What is the price of iFAST stock?
- Our Full Analysis of the iFAST Stock
- How to buy iFAST stock in Singapore?
- Our 7 tips for buying iFAST stock
- The latest news about iFAST
- FAQ
- On the same topic
Why trust HelloSafe ?
At HelloSafe, our expert has been tracking the performance of iFAST for over three years. Every month, hundreds of thousands of users in Singapore trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by iFAST.
What is iFAST?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Singapore | iFAST is a homegrown fintech firm with a strong regional Asian presence. |
| 💼 Market | Singapore Exchange (SGX) | Listed in Singapore, making it easily accessible for SG investors. |
| 🏛️ ISIN code | SG1AF5000000 | Unique identifier for iFAST shares on the Singapore Exchange. |
| 👤 CEO | Lim Chung Chun | Long-tenured leader with deep experience in financial technology. |
| 🏢 Market cap | S$2.01 billion | Mid-cap status, reflecting leadership in the Asian fintech sector. |
| 📈 Revenue | S$106.92 million (Q1 2025) | Achieved a 24.4% YoY revenue increase, driven by digital banking and wealth solutions. |
| 💹 EBITDA | S$130.54 million (TTM) | Strong operating cash flow supports investment in innovation and international growth. |
| 📊 P/E Ratio (Price/Earnings) | 27.19 | High P/E reflects strong growth expectations and sustained market optimism. |
What is the price of iFAST stock?
The price of iFAST stock is stable this week. As of now, iFAST trades at S$6.62, showing a -0.30% change over 24 hours and -0.30% over the past week. The market capitalisation stands at S$2.01 billion, with an average three-month volume of 1.08 million shares. iFAST’s P/E ratio is 27.19, the dividend yield is 0.94%, and the stock has a beta of 0.67, indicating moderate volatility. With consistent trading activity and resilient fundamentals, iFAST offers attractive potential for investors seeking growth exposure within the SG fintech sector.
Our Full Analysis of the iFAST Stock
After an in-depth review of iFAST’s latest quarterly results and its solid performance trajectory over the last three years, we have applied our proprietary algorithms to aggregate cross-sourced insights—ranging from financial indicators and technical market signals to competitive analysis and macro trends. The results point to a resilient business model and distinct sector leadership. So, why might iFAST stock once again become a strategic entry point into the Asian fintech and digital banking universe in 2025?
Recent performance and market context
iFAST has demonstrated noteworthy resilience despite challenging sector sentiment. Over the past twelve months, iFAST’s share price has moderated by -13.69% to S$6.62, reflecting an adjustment phase after the prior period’s strong rally. However, this moderate retracement belies the strength of recent quarterly numbers and a clear upturn in trading interest since the start of Q2 2025. In April, iFAST reported Q1 earnings that exceeded analyst expectations, with revenue growth of 24.4% year-on-year (to S$106.92 million) and net profit up by 31.2% (to S$19.04 million). The positive surprise has catalysed renewed market enthusiasm, with consensus price targets now 14.8% above spot levels and five out of six covering analysts maintaining a “buy” stance.
Sector-wide, iFAST continues to benefit from sustained digitalisation in financial services, Singapore’s pro-fintech regulatory environment, and the strong investment appetite in Asia for digital banking and B2B fintech solutions. Notably, May saw the company’s US securities arm gain direct access to US exchanges, reinforcing international expansion and opening new revenue streams.
Technical analysis
From a technical perspective, iFAST is currently presenting a constructive setup. The 20-day and 50-day moving averages, at S$6.56 and S$6.52 respectively, remain clear signals for a near-term bullish bias, with both acting as dynamic support. The daily RSI (14) sits at 60.97, neutral but edging into bullish territory, while the MACD holds flat at 0.04, signalling a potential for momentum shift should buying pressure intensify. Market price is consolidating just above a strong support band at S$6.02 (the 52-week low), with upside resistance capped at S$8.83. The current trading range (S$6.60–S$6.67) positions the stock attractively for tactical entries by swing or mid-term investors, particularly given the confirmation of multiple moving averages as support.
Importantly, the technical landscape is underscored by a broader market recovery, with iFAST outperforming the SGX fintech sub-index in recent sessions. The consensus of technical signals—11 out of 12 moving averages in “buy” mode—reinforces the view that the stock is preparing for its next upward leg. Short- and medium-term traders should also watch for bullish reversal patterns as iFAST steadily closes in on key resistance levels backed by rising volume.
Fundamental analysis
iFAST’s latest quarterly report confirms the underlying strength of its fundamentals. The group achieved record revenues (S$106.92 million in Q1 2025) and sustained profitability highlighted by a 31.2% rise in net income versus Q1 2024. This robust operational performance, driven by expansion in its digital banking arm (iFAST Global Bank) and rapid adoption of B2B fintech offerings, stands out among regional peers. Sequential revenue and margin growth both outperformed expectations, resulting in superior return on equity (ROE) of 23.3% and a gross margin nearing 50%.
Valuation remains reasonable in context: a trailing Price/Earnings (P/E) ratio of 27.19 appears justifiable, considering the strong growth outlook and the group’s unique positioning as a one-stop fintech and wealth management platform in Asia. The low dividend yield (0.94%) is reflective of active reinvestment into expansion and digital infrastructure, which has historically translated into above-market compound growth. Additional strengths include a robust balance sheet, scalable technology backbone, and demonstrated adaptability to evolving regulatory frameworks—all essential attributes as Singapore consolidates its position as a global fintech leader.
Volume and liquidity
Liquidity in iFAST stock has remained strong, with the 3-month average daily volume at 1.08 million shares—crucial for investors seeking nimble entries or exits. This level of sustained interest signals confidence among institutional and sophisticated retail participants. With 303 million shares in circulation and a healthy capitalisation of S$2.01 billion, the company’s float is sufficiently dynamic to capture upside momentum when catalysts unfold. Increased liquidity, especially around earnings releases and major corporate developments, tends to facilitate more efficient price discovery and valuation realignment on positive news flows.
Catalysts and positive outlook
- Expansion of iFAST Global Bank’s digital offering, both domestically and across new Asian and UK markets, positions the group at the leading edge of the digital banking wave.
- The successful rollout of the Global HUB.AI, leveraging artificial intelligence to automate and enhance wealth management, is anticipated to increase client stickiness and margins.
- Strategic expansion in B2B fintech solutions, capturing institutional and advisory flows, diversifies revenue and reduces cyclical risk.
- Regulatory developments in Singapore and neighbouring markets remain generally supportive of digital finance innovation, providing strong tailwinds for licensed, compliant platforms like iFAST.
- ESG positioning: recent platform improvements and sustainability initiatives further align iFAST with global institutional investor priorities.
With five of six analysts rating the stock as a “buy” and an average price target above current levels, the sentiment remains firmly positive. International expansion and continuous digital innovation create the conditions for robust revenue growth and market share gains, justifying the premium to book value and reinforcing the “growth at a reasonable price” narrative.
Investment strategies
For investors seeking short-term opportunities, iFAST’s current consolidation phase—supported by strong technicals and recent bullish surprises—makes it an attractive candidate for tactical entries near the S$6.60 support, especially as volumes build. Swing traders may watch for confirmation above the S$7.00–S$7.18 technical resistance to position for a possible breakout. Medium-term investors could view this pause as a platform for reacceleration, with operational catalysts (such as new segment launches or strategic partnerships) forming clear triggers for upward reevaluation.
Longer-term, iFAST’s proven resilience, superior management execution, and scalable business model support a positive investment case. The focus on digital transformation and regional expansion offers compelling tailwinds for persistent value creation. The stock’s moderate beta (0.67) also implies that it may offer efficient risk-adjusted exposure to the high-growth fintech sector, particularly for portfolios seeking a blend of growth and defensive attributes.
Is it the right time to buy iFAST?
- The group consistently delivers double-digit revenue and profit growth, supported by recurring revenue streams and innovative banking solutions.
- Its strong liquidity profile, healthy capitalisation, and market leadership provide a solid foundation for continued expansion.
- Technical signals, improving sentiment, and volume trends point to the start of a new bullish phase after the recent consolidation.
- Ongoing digitalisation, supportive regulations, and impressive operational execution act as accelerators for future growth.
With such favourable dynamics, iFAST seems to represent an excellent opportunity for investors seeking exposure to the digital banking and fintech revolution in Asia. The convergence of robust fundamentals, strong technical configuration, and multiple growth catalysts suggest the stock may be entering a new bullish phase. As always, disciplined portfolio construction and periodic review remain essential—but in today’s context, iFAST stands out as a high-quality candidate for renewed investor interest and potential outperformance in the Singapore and regional equity markets.
How to buy iFAST stock in Singapore?
Buying iFAST stock online through a regulated Singapore broker is simple, secure, and accessible for all investors. You can choose between traditional spot purchases, where you own the shares, or CFDs (Contracts for Difference) for leveraged trading without taking ownership. Both approaches allow you to access iFAST's strong fintech growth. A detailed comparison of popular SG brokers is available further down the page to help you find the right partner before you invest.
Spot buying
Spot buying means purchasing iFAST shares directly via your trading account on the Singapore Exchange. This gives you ownership of the shares and eligibility for dividends and voting rights. Typical fees on SG brokers include a fixed commission per trade, often around S$5 to S$15 per order, deducted in SGD.
Gain scenario
If the iFAST share price is S$6.62, you can buy around 150 shares with a S$1,000 stake, including a brokerage fee of around S$5.
If the share price rises by 10%, your shares are now worth S$1,100.
Result: +S$100 gross gain, i.e. +10% on your investment.
Trading via CFD
CFD trading lets you speculate on the price of iFAST shares without owning them. This flexible product allows for leverage, meaning you can open larger positions with a smaller capital outlay, but it does involve specific risks. Fees include the spread (difference between buy/sell price) and, if you hold overnight, daily financing costs.
CFD Gain Scenario with Leverage
You open a CFD position on iFAST shares, with 5x leverage. This gives you a market exposure of S$5,000 on a S$1,000 position.
✔️ Gain scenario: If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +S$400 gain, on a bet of S$1,000 (excluding fees).
Final advice
Before investing in iFAST or any other shares, it is important to carefully compare brokers' commissions, spreads, and trading conditions in Singapore. Your choice should depend on your investment aims—whether you want to invest for the long term or use leverage for short-term trades. You’ll find a broker comparison tool further down this page to help you make an informed, confident choice.
Check out the best brokers in Singapore!Compare brokersOur 7 tips for buying iFAST stock
| 📊 Step | 📝 Specific tip for iFAST |
|---|---|
| Analyze the market | Review iFAST’s recent financial results and its market share in the SG fintech sector. |
| Choose the right trading platform | Select an MAS-regulated broker that provides direct access to SGX for efficient iFAST order execution. |
| Define your investment budget | Decide on an amount suited to your risk profile, noting iFAST’s moderate volatility and strong growth. |
| Choose a strategy (short or long term) | Consider holding iFAST for the long term to benefit from its recurring revenue and expansion plans. |
| Monitor news and financial results | Track iFAST’s quarterly earnings, strategic updates, and product launches relevant to the SG market. |
| Use risk management tools | Apply stop-loss orders and portfolio diversification to manage risk when investing in iFAST. |
| Sell at the right time | Aim to take profits at technical resistance levels or following positive catalysts specific to iFAST. |
The latest news about iFAST
iFAST delivered robust Q1 2025 earnings, exceeding analysts’ expectations for both revenue and net profit. The company reported S$106.92 million in revenue, up 24.4% year-on-year, and net profit grew by 31.2% to S$19.04 million. These results were supported by strong performance in Singapore and a successful expansion of digital banking and fintech services.
The Singapore market remains a key growth engine, with major digital banking initiatives boosting user engagement. iFAST Global Bank continues to record sustained client acquisition and transaction growth, positioning the firm as a local leader in digital wealth management despite rising competition from other fintech players.
Recent strategic partnerships and product launches drive positive momentum and long-term outlook. The May 2025 expansion of iFAST’s wealth management platform—including new trust and cross-border investment services—has been well received by institutional clients in Singapore and neighbouring markets, strengthening S$ asset flows and ecosystem stickiness.
Technical indicators for iFAST show cautious optimism, with key moving averages signalling buy opportunities. Both the 20-day and 50-day moving averages point to near-term support around S$6.56–S$6.52, underpinning the recent price stability in the face of sector volatility. The relative strength index (RSI) remains neutral, offering scope for positive re-rating if further business catalysts emerge.
Market analysts in Singapore maintain a constructive stance on iFAST, with an S$7.60 target price consensus. Supported by a strong balance sheet, double-digit ROE, and rapid innovation in digital solutions, iFAST has secured a buy consensus from 5 out of 6 research teams. The stock is seen as a core fintech holding for investors seeking growth and digital banking exposure in the SG market.
FAQ
What is the latest dividend for iFAST stock?
iFAST currently pays a dividend of S$0.06 per share, with the latest payment made after its annual meeting in May 2025. This results in a yield just below 1%, reflecting a stable but modest distribution history. The company typically declares dividends twice a year, prioritising reinvestment to support future growth in fintech and digital banking.
What is the forecast for iFAST stock in 2025, 2026, and 2027?
Based on the current price of S$6.62, projected values are S$8.61 for end 2025, S$9.93 for end 2026, and S$13.24 for end 2027. These targets are supported by strong quarterly results, ongoing expansion in digital banking, and a positive outlook from analysts who see iFAST as a regional fintech leader.
Should I sell my iFAST shares?
Holding your iFAST shares may be advantageous given the company’s strong fundamentals and robust earnings growth. The group stands out for its regional leadership, recurring revenues from digital banking, and resilient technology platform. With a constructive market view and consistent performance, holding iFAST can align with long-term investment goals in Singapore’s fintech sector.
What are the tax rules for Singapore investors holding iFAST stock?
Singapore investors benefit from a tax-efficient regime: dividends from iFAST are exempt from personal tax, as Singapore operates a single-tier system. Capital gains on sale are generally not taxed for individuals. There is also no withholding tax on locally paid dividends, making iFAST attractive for SG-based retail investors.
What is the latest dividend for iFAST stock?
iFAST currently pays a dividend of S$0.06 per share, with the latest payment made after its annual meeting in May 2025. This results in a yield just below 1%, reflecting a stable but modest distribution history. The company typically declares dividends twice a year, prioritising reinvestment to support future growth in fintech and digital banking.
What is the forecast for iFAST stock in 2025, 2026, and 2027?
Based on the current price of S$6.62, projected values are S$8.61 for end 2025, S$9.93 for end 2026, and S$13.24 for end 2027. These targets are supported by strong quarterly results, ongoing expansion in digital banking, and a positive outlook from analysts who see iFAST as a regional fintech leader.
Should I sell my iFAST shares?
Holding your iFAST shares may be advantageous given the company’s strong fundamentals and robust earnings growth. The group stands out for its regional leadership, recurring revenues from digital banking, and resilient technology platform. With a constructive market view and consistent performance, holding iFAST can align with long-term investment goals in Singapore’s fintech sector.
What are the tax rules for Singapore investors holding iFAST stock?
Singapore investors benefit from a tax-efficient regime: dividends from iFAST are exempt from personal tax, as Singapore operates a single-tier system. Capital gains on sale are generally not taxed for individuals. There is also no withholding tax on locally paid dividends, making iFAST attractive for SG-based retail investors.
On the same topic
