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An update from GenusPlus Group Ltd. ( (AU:GNP) ) is now available.
GenusPlus Group Ltd has upgraded its earnings guidance for FY2026, forecasting normalised EBITDA growth of about 35% compared with the prior year’s $67.4 million, following stronger-than-expected unaudited results in its Energy & Engineering and Services segments and solid performance in Infrastructure. Management cites recent contract wins, contributions from acquisitions, a strong order book and favourable industry tailwinds linked to the national energy transition as reinforcing confidence in the company’s growth trajectory and resilience, signalling a positive outlook for shareholders and other stakeholders.
The most recent analyst rating on (AU:GNP) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on GenusPlus Group Ltd. stock, see the AU:GNP Stock Forecast page.
More about GenusPlus Group Ltd.
GenusPlus Group Ltd is an Australian specialist provider of essential power and communications infrastructure and services, operating nationally across the energy and telecommunications sectors. The company designs, builds and maintains electrical transmission and distribution networks, substations and battery systems, and helps customers integrate new generation technologies into traditional grids to support the energy transition and a carbon-neutral economy, while also delivering integrated fixed and wireless communication network solutions backed by real-time management capabilities.
Average Trading Volume: 229,433
Technical Sentiment Signal: Buy
Current Market Cap: A$1.32B
Learn more about GNP stock on TipRanks’ Stock Analysis page.