Frontier Developments Lifts Guidance After Strong H1 on Jurassic World Evolution 3 Success

Frontier Developments ( (GB:FDEV) ) just unveiled an update.

Frontier Developments reported a strong first half for FY26, with revenue up 26% year-on-year to £59.6m and adjusted operating profit rising 76% to £9.7m, driven primarily by highly successful launch sales of Jurassic World Evolution 3 and robust performance across its creative management simulation portfolio. The company’s CMS titles contributed 90% of total revenue, with Planet Zoo becoming its highest-grossing game to date and setting the stage for a planned sequel in FY27, while Elite Dangerous also delivered over 50% revenue growth. Strong trading in December, including record Christmas Day sales for Jurassic World Evolution 3, prompted management to upgrade full-year guidance to around £100m in revenue and £11m in adjusted operating profit, underlining a return to consistent profitability. Alongside the financial momentum, Frontier announced a smooth leadership transition as former CMO Jo Cooke took over as CEO from Jonny Watts on 1 January 2026, with Watts remaining on the board to support the handover, and confirmed progress on an unannounced CMS title for FY28 and another unannounced game from its Canadian studio for FY27, reinforcing its pipeline and long-term CMS-focused strategy.

The most recent analyst rating on (GB:FDEV) stock is a Buy with a £586.00 price target. To see the full list of analyst forecasts on Frontier Developments stock, see the GB:FDEV Stock Forecast page.

Spark’s Take on GB:FDEV Stock

According to Spark, TipRanks’ AI Analyst, GB:FDEV is a Outperform.

Frontier Developments demonstrates strong financial stability and operational efficiency, supported by positive technical indicators and strategic corporate actions. The stock’s valuation is reasonable, although the lack of a dividend yield may deter some investors. Overall, the company is on a positive trajectory with a robust game pipeline and shareholder-friendly initiatives.

To see Spark’s full report on GB:FDEV stock, click here.

More about Frontier Developments

Frontier Developments plc is a leading independent developer and publisher of video games based in Cambridge, UK. Founded in 1994 by Elite co-author David Braben, the company builds genre-leading titles primarily for PCs and videogame consoles using its proprietary COBRA development technology, with a strategic focus on creative management simulation franchises such as Planet Zoo, Planet Coaster and the Jurassic World Evolution series, alongside space simulation title Elite Dangerous.

Average Trading Volume: 145,308

Technical Sentiment Signal: Hold

Current Market Cap: £167.1M

See more insights into FDEV stock on TipRanks’ Stock Analysis page.