Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from CyanConnode Holdings ( (GB:CYAN) ) is now available.
CyanConnode reported strong performance for the first half of FY 2026, driven by increasing momentum in India’s growing smart metering market. The company secured a landmark £70 million AMISP contract in Goa, nearly doubling its pipeline to £157 million, and is poised for further growth, supported by India’s national smart metering program aimed at curbing electricity theft. Revenue saw a 32% year-on-year increase to £7.4 million, boosted by hardware shipments, while profitability was affected by lower margins and higher costs, which CyanConnode aims to address with new lower-cost products. Despite operational losses, its outlook remains positive with sustained growth anticipated through FY 2027, driven by successful project executions and expansion in other markets such as the Middle East and North Africa.
The most recent analyst rating on (GB:CYAN) stock is a Hold with a £8.00 price target. To see the full list of analyst forecasts on CyanConnode Holdings stock, see the GB:CYAN Stock Forecast page.
Spark’s Take on GB:CYAN Stock
According to Spark, TipRanks’ AI Analyst, GB:CYAN is a Neutral.
CyanConnode Holdings’ overall stock score is driven by positive corporate events and technical analysis, which indicate potential growth and market momentum. However, financial performance and valuation concerns, including negative profitability and a high reliance on debt, weigh heavily on the score. The company’s strategic focus on the Indian market and recent contract wins provide a positive outlook, but financial challenges remain a significant risk.
To see Spark’s full report on GB:CYAN stock, click here.
More about CyanConnode Holdings
CyanConnode is a global provider of IoT communication and smart metering solutions with a focus on energy and infrastructure applications. Its technologies include narrowband RF mesh, advanced cellular modules, and hybrid communication platforms, tailored for scalable and cost-effective connectivity. The company’s flagship Omnimesh platform provides self-forming and self-healing networks optimized for diverse conditions, while its Universal Head-End System ensures interoperability across multiple technologies. CyanConnode partners with utilities and integrators through a vendor-agnostic ecosystem, playing a key role in energy sector digital transformation across regions like India, Southeast Asia, the Middle East, and Europe.
Average Trading Volume: 506,425
Technical Sentiment Signal: Sell
Current Market Cap: £25.33M
For a thorough assessment of CYAN stock, go to TipRanks’ Stock Analysis page.