This stock offers ’attractive risk/reward after sell-off’: Macquarie

Analysts at Macquarie have identified Nationgate Holdings (NATGATE), an Asian electronic manufacturing service provider, as offering an attractive risk/reward setup after a 30% stock decline since February. They expect FY26e CPU revenue to reach RM 7.2 billion, with positive inventory growth signaling potential revenue increases. Macquarie maintains an Outperform rating on NATGATE shares with a price target of MYR 1.70, suggesting the stock is oversold and advising clients to buy on dips. They have also adjusted FY26/27e NP estimates down by 21% and 18%, respectively.