Bullish Case: PLDT's solid earnings surge, robust fiber business, and digital bank success indicate strong potential for continued growth and share price appreciation despite reducing capex and focusing on efficiency and debt reduction.


Bearish Case: With a potential sale of data center stakes and reduced capex signaling possible strategic weaknesses and risk-averse management, PLDT may face challenges in sustaining growth amid stiff competition and global uncertainties.


Potential Outcomes:

1. Successful asset sales and strategic refocus lead to stock appreciation (40% chance),

2. Cost-cutting impacts service quality, leading to customer churn and stock devaluation (30% chance),

3. Macro uncertainties lead to sector-wide decline (20% chance),

4. Unexpected strong revenue growth from digital initiatives (10% chance).


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April 02, 2024


PLDT Forecast

PHI        PLDT
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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