Should I buy SIA stock in 2025?

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At HelloSafe, our expert has been monitoring the performance of SIA for over three years. Every month, hundreds of thousands of users in Singapore rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by SIA.

What is SIA?

How much is SIA stock?

The price of SIA stock is rising this week. As of today, Singapore Airlines shares are trading at S$6.76, up 0.30% over the past 24 hours and gaining 2.28% across the last week. SIA's current market capitalisation stands at S$20.09 billion, with an average three-month daily volume of about 6.5 million shares. The price-to-earnings (P/E) ratio is 7.77, while the dividend yield remains attractive at 7.12%, and the stock’s beta is 0.65—indicating lower volatility compared to the broader market. This combination of strong yield and relatively stable price movement may appeal to investors seeking income along with resilience in Singapore's dynamic aviation sector.

Our full analysis on SIA stock

We have comprehensively reviewed the latest financial results of Singapore Airlines (SIA), as well as the stock’s performance trajectory over the past three years. By integrating proprietary algorithms that draw on leading financial indicators, technical signals, broader market data, and competitive analyses, we aim to deliver a robust investment perspective. So, why might SIA stock once again become a strategic entry point for exposure to the dynamic Asia-Pacific aviation sector in 2025?

Recent Performance and Market Context

SIA’s recent price action highlights its resilience amidst both sector volatility and macroeconomic uncertainty. As of May 9, 2025, the stock trades at S$6.76, sitting toward the upper end of its 52-week range (S$5.86–S$7.14), and has appreciated 4.81% over the past six months and 1.35% on a trailing one-year basis. This steady climb, complemented by a weekly gain of 2.28% in the past fortnight, sets a constructive technical backdrop and underscores renewed investor confidence.

A series of strategically significant events has further buoyed sentiment:

• Air India-Vistara Merger: The completed merger gives SIA a 25.1% stake in the enlarged Air India Group, granting unprecedented access to the fast-evolving Indian aviation market.
• Product Enhancement: Committing S$1.1 billion to upgrade the A350-900 long-haul fleet signals long-term investment in premium offerings.
• Expanded Codeshare Partnerships: The addition of 51 new destinations with Air India amplifies SIA’s global reach.
• Sustainability Initiatives: Partnering with Aether Fuels for sustainable aviation fuel (SAF) procurement clearly aligns with global ESG trends and regulatory tailwinds.

The macro environment is also favorable:

• Travel Recovery: Singapore benefits from Asia’s air travel renaissance, propelled by pent-up demand, liberalized border policies, and burgeoning intra-Asia tourism.
• Stable Currency & Governance: Operating in a robust financial hub adds another layer of investor safety.
• Industry Standing: SIA is widely recognized as a sector bellwether, with a robust balance sheet and formidable competitive advantages positioning it as a likely beneficiary of cyclical upswings.

Technical Analysis

Technical signals suggest a supportive structure for further upside. The stock’s 14-day RSI stands at 58.08—comfortably within the neutral zone—indicating neither overbought nor oversold conditions and leaving ample room for upward momentum. The MACD (+0.07) flashes a mild sell, though this is offset by a cluster of bullish signals from key moving averages:

• 20-day SMA: S$6.52 (Buy)
• 50-day SMA: S$6.64 (Buy)
• 100-day and 200-day SMAs: Both bullish, indicating strong underlying support zones (S$6.52 and S$6.40).

Most notably, a golden cross formed on the 21/100-day moving averages earlier this quarter—a historically reliable precursor to bullish cycles. Accumulated volume supports exist at S$6.65 and S$6.58, providing strong technical anchors. Short-term resistance lies just above at S$6.76, with a pivotal break of S$6.91 (upper trend line) capable of triggering an accelerated rerating.

The current horizontal price trend, combined with strengthening technical foundations, suggests that SIA may be consolidating ahead of a new upward phase—an environment many investors interpret as an opportune entry point.

Fundamental Analysis

SIA’s most recent financial results reinforce the fundamental thesis for renewed interest:

• Q3 FY2024/25: Record quarterly revenue of S$5.219 billion (+2.7% YoY) and net profit of S$1.626 billion (+146.7% YoY, bolstered by non-cash gains from the Air India-Vistara merger).
• 9-Month Performance: Revenue growth of 3.3% (S$14.716 billion), and net profit up 12.8% YoY.

Valuation metrics continue to be compelling versus regional and global airline peers:

• P/E Ratio: 7.77, indicating a notable discount to historic levels and industry averages.
• PEG & P/S Ratios: Price-to-sales of 1.03 and a price-to-book of 1.30 further reinforce that SIA is trading at justified—if not opportunistic—multiples.
• Dividend Yield: 7.12% (with a forward dividend of S$0.48 per share)—a standout in both the local and regional context, underpinned by a healthy cash buffer (S$8.3 billion as of the last report).

Structural strengths underpinning SIA’s premium status include:

• Brand Power: A global reputation for excellence and service, translating to pricing power in premium cabins.
• Network Reach: Service to 129 destinations across 36 countries, complemented by a young and efficient fleet (average age 7.5 years).
• Financial Robustness: A debt-to-equity ratio of just 0.87 and a high degree of liquidity.

Moreover, the strategic expansion in India through the Air India partnership, continued investment in digital capabilities (e.g., AI-powered customer service), and targeted fleet modernization initiatives suggest upside risks to consensus earnings estimates.

Volume and Liquidity

Consistently high average daily trading volume (6.5 million shares) points to substantial market liquidity and strong institutional participation—key for dynamic valuation and efficient price discovery. A healthy public float (24.51%) further ensures vibrant secondary market activity, enabling active investors to execute sophisticated entry or exit strategies without significant slippage.

This level of liquidity is indicative of market confidence—a characteristic of well-supported blue-chip stocks at inflection points.

Catalysts and Positive Outlook

The forthcoming quarters are rich in organic and external catalysts that could drive SIA’s next leg higher:

• Premium Product Launches: The roll-out of new long-haul offerings is poised to strengthen yield and market positioning, especially as business and first-class demand returns.
• Air India Synergy Realization: The completed stake and codeshare expansion position SIA to capture a significant share of the world’s most promising aviation growth market.
• ESG Leadership: Ambitious SAF initiatives and ongoing sustainability efforts may unlock incremental demand from increasingly sustainability-focused clients and investors.
• Cargo Resilience: E-commerce and perishables continue to underpin the cargo business, shielding overall performance from cyclical passenger demand fluctuations.
• Imminent Earnings Date (15 May 2025): Results could catalyze additional rerating, particularly if SIA delivers further revenue or margin surprises.

The sector context is broadly upward:

• Asia-Pacific Recovery: Strong macro tailwinds in the region support elevated load factors and pricing power.
• Regulatory Clarity: Increasingly supportive government policies for cross-border travel and sustainable aviation fortify the growth runway.

Investment Strategies

SIA stock currently offers an attractive proposition for a range of investment horizons:

• Short-Term: Technical consolidation, high liquidity, and the expectation of a near-term breakout above resistance support tactical trading entries, especially ahead of the next earnings release.
• Medium-Term: Ongoing product upgrades, network growth, and Air India synergies are likely to crystallize in higher market share and incremental revenue streams.
• Long-Term: Brand equity, efficient capital allocation, and a clear vision for sustainable growth position SIA for continued outperformance as global travel demand normalizes and expands.

A possible strategy could be accumulation at current technical lows (around S$6.65 support), with a view toward progressive enhancement as upside catalysts manifest. For income-focused investors, the sustainable yield remains extremely appealing. For growth-driven profiles, exposure to the highly strategic India opportunity and the company’s innovation agenda present compounding upside.

Is It the Right Time to Buy SIA?

The confluence of supportive fundamentals, constructive technicals, robust liquidity, and visible future catalysts together make a strong case that Singapore Airlines stands at the threshold of a new bullish phase. Key strengths include:

• Resilient financial performance with record revenue and net income growth
• Ongoing strategic expansion, notably through the Air India alliance
• Attractive and sustainable dividend yield
• Global brand excellence, fleet modernization, and digital innovation
• Strong market liquidity and a proactive approach to ESG

While the backdrop of cost inflation and competitive pressures should not be underestimated, SIA’s healthy balance sheet and market leadership afford it unique defensive and offensive attributes. These fundamentals justify renewed interest at current valuations, and the technical setup suggests the stock may be poised for the next leg higher should macro tailwinds persist and execution remain sound.

In summary, SIA seems to represent an excellent opportunity for investors seeking exposure to Asia-Pacific travel’s renewal. The stock’s combination of robust financials, visible catalysts, high dividend yield, and strategic positioning justify a fresh look—especially as the region’s travel cycle enters a new phase. In such a context, SIA’s shares appear increasingly aligned with both income and growth ambitions, offering what may be a compelling entry point for the informed investor looking to engage in the next chapter of aviation sector outperformance.

How to buy SIA stock in Singapore?

Buying Singapore Airlines (SIA) stock online is a straightforward and secure process when you use a reputable broker regulated by Singapore authorities such as MAS. You can choose between two main methods: spot (cash) buying—purchasing and holding actual SIA shares—or trading SIA via Contracts for Difference (CFDs), which allow you to speculate on price movements with leverage. Each method suits different investor profiles, and both can be accessed fully online with a verified account. For a smart start, it’s essential to review our broker comparison further down this page.

Cash Buying

A cash purchase—often called “spot buying”—means you acquire real SIA shares on the Singapore Exchange (SGX) and become a shareholder. This method suits investors looking for long-term exposure and access to dividends. Most local brokers charge a fixed commission per trade, typically between S$3 and S$10.

Example: Spot Share Purchase

For example, suppose the SIA share price is S$6.76. With a S$1,000 investment and a S$5 brokerage fee, you could buy around 146 shares (S$995/S$6.76 ≈ 146).

• ✔️ Gain scenario: If SIA’s share price rises 10%, your holdings would now be worth S$1,100.
• Result: That’s a S$100 gross gain—a 10% return before fees and dividends.

Trading via CFD

CFD trading lets you speculate on SIA’s share price without owning the underlying stock. With CFDs, you can profit from rising or falling prices, and use leverage to amplify results. Instead of a flat commission, brokers charge a spread (the difference between buy/sell price) and overnight financing fees for leveraged positions kept open longer than a day.

Example: CFD Trading

Concrete example: You open a SIA CFD buy position with S$1,000 and 5x leverage, giving you a market exposure of S$5,000.

• ✔️ Gain scenario: If SIA’s share price climbs 8%, your position grows by 8% × 5 = 40%, earning you a S$400 gain (excluding fees)—a significant return for active traders.

Final Advice

Before investing, take the time to compare broker fees and conditions—these can impact both your returns and your investing experience. Ultimately, your choice between spot share buying and CFD trading should reflect your investment goals, time horizon, and risk appetite. Explore our comprehensive broker comparison below to find the most suitable platform for your needs.

Our 7 tips for buying SIA stock

The latest news about SIA

Singapore Airlines posts record quarterly revenue and robust net profit growth in latest results. For the quarter ended December 31, 2024 (Q3 FY2024/25), SIA reported record revenue of S$5.219 billion, representing a 2.7% year-on-year increase, and a net profit surge to S$1.626 billion (+146.7% YoY), largely reflecting a one-off non-cash gain related to the Air India-Vistara merger. Operationally, SIA continues to enjoy a high passenger load factor of 87.2% and maintains its leadership as one of the most profitable Asian airline groups. The company’s ongoing financial discipline and ability to generate positive cash flow reinforce its reputation for stability and resilience.

SIA completes strategic Air India-Vistara merger, securing significant foothold in the fast-growing Indian market. Singapore Airlines successfully closed the merger between Vistara and Air India on November 12, 2024, acquiring a 25.1% stake in the enlarged Air India Group. This deal not only secures SIA a pivotal role in the world’s third largest domestic aviation market but also extends its reach via 51 new codeshare destinations across India. This strategic move is expected to drive long-term growth and diversify revenue streams, positioning SIA advantageously amidst intensifying regional competition.

Technical momentum supports positive outlook, with multiple buy signals on key moving averages. Recent technical analysis shows SIA trading above its 20-, 50-, 100-, and 200-day simple moving averages, all indicating buy signals. The occurrence of a golden cross on the 21/100-day average further strengthens bullish momentum, suggesting the potential for a sustained upward trend. Despite near-term resistance observed around S$6.76, the prevailing horizontal pattern and clustered support near S$6.58–S$6.65 provide a constructive technical backdrop for short-term market participants.

Attractive dividend yield and stable fundamentals reinforce SIA’s appeal for local income investors. SIA currently offers a forward dividend yield of 7.12%, one of the highest among SGX large-cap stocks, making it especially attractive to Singapore-based investors seeking income in a relatively volatile sector. The company’s balance sheet remains robust, with a debt-equity ratio of 0.87 and S$8.3 billion in cash and bank balances, supporting both ongoing dividend payouts and strategic capital investments.

Product upgrades and sustainability partnerships signal continued investment in customer experience and ESG leadership. During the past week, SIA announced a S$1.1 billion cabin upgrade program for its Airbus A350-900 fleet, reaffirming its commitment to premium service. Additionally, a new Memorandum of Understanding with Aether Fuels advances SIA’s efforts in sustainable aviation fuel adoption, underscoring the company's leadership in both customer experience and environmental initiatives, in line with Singapore’s national sustainability agenda.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.