The recent momentum in CTOS Digital Berhad’s stock price is driven by several positive developments. Firstly, its strong third-quarter earnings showed a 13% increase in net profit, reaching RM27.55 million, and record revenue of RM79.81 million. This growth is attributed to higher contributions from key segments such as international, direct-to-consumer, and commercial business, which indicates solid financial performance and future growth prospects  .

Additionally, CTOS declared a higher third interim dividend of 0.84 sen per share, up from last year’s 0.64 sen. The upcoming ex-dividend date is expected to draw more investor interest, as dividends make the stock appealing to income-focused investors .

Furthermore, a recent favorable court settlement has resolved legal uncertainties that may have previously deterred cautious investors. With this issue settled, market sentiment around CTOS has improved, supporting its price increase. Analysts remain optimistic, with price targets ranging up to RM1.58, suggesting potential for further upward momentum as CTOS builds on its financial strength and favorable market conditions  .