Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Cohort plc ( (GB:CHRT) ) just unveiled an announcement.
Cohort plc has announced that its subsidiary Marlborough Communications Ltd (MCL) has secured new UK defence contracts worth a combined £17.9m, including a £14.0m award from a UK government customer for immediate delivery of uncrewed air systems with two years of in-service support, in partnership with long-term supplier Skydio. MCL has also received a £3.9m order for tactical audio systems from a UK customer, with Cohort chief executive Andrew Thomis saying the wins underline MCL’s strong customer relationships and engineering capability, strengthen the Group’s order book and revenue visibility, and fully underpin consensus revenue forecasts for the 2025/26 financial year.
The most recent analyst rating on (GB:CHRT) stock is a Hold with a £1249.00 price target. To see the full list of analyst forecasts on Cohort plc stock, see the GB:CHRT Stock Forecast page.
Spark’s Take on GB:CHRT Stock
According to Spark, TipRanks’ AI Analyst, GB:CHRT is a Neutral.
Cohort plc’s strong financial performance and positive corporate events are offset by bearish technical indicators and moderate valuation. The company’s robust revenue growth and strategic management actions provide a solid foundation, but current market sentiment suggests caution.
To see Spark’s full report on GB:CHRT stock, click here.
More about Cohort plc
Cohort plc is an independent technology group listed on AIM that provides defence and related products and services through seven businesses operating in the UK, Australia, Germany and Portugal. Organised into Communications and Intelligence, and Sensors and Effectors divisions, its subsidiaries supply advanced communications, surveillance, electronic warfare, sonar and naval systems to domestic and export defence customers, including the UK Ministry of Defence and other government agencies.
Average Trading Volume: 256,410
Technical Sentiment Signal: Buy
Current Market Cap: £565.8M
Learn more about CHRT stock on TipRanks’ Stock Analysis page.