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Kainos Group plc ( (GB:KNOS) ) has provided an update.
Kainos Group plc has issued a trading update indicating strong sales performance, with expected revenues for the year ending March 2026 at the upper end of forecasts. The company is experiencing growth across its divisions, particularly in Workday Products, which surpassed a $100m annual recurring revenue milestone. New projects and significant contracts in healthcare and public sectors are driving revenue increases, while the Workday Services division is seeing growth in Europe, North America, and other regions. Despite macroeconomic volatility, Kainos remains confident in its strategy, supported by a robust backlog and healthy pipeline, positioning it well for long-term shareholder value.
The most recent analyst rating on (GB:KNOS) stock is a Buy with a £757.00 price target. To see the full list of analyst forecasts on Kainos Group plc stock, see the GB:KNOS Stock Forecast page.
Spark’s Take on GB:KNOS Stock
According to Spark, TipRanks’ AI Analyst, GB:KNOS is a Outperform.
Kainos Group plc’s overall stock score reflects strong financial health and positive corporate actions, such as share buybacks and strategic board appointments. However, bearish technical indicators and a relatively high P/E ratio suggest caution. The company’s dividend yield adds some appeal, but the focus should be on monitoring revenue growth and technical trends.
To see Spark’s full report on GB:KNOS stock, click here.
More about Kainos Group plc
Kainos Group plc is a UK-headquartered IT provider specializing in Digital Services, Workday Services, and Workday Products. The company serves major public sector, commercial, and healthcare customers, offering custom digital service platforms, deploying Workday’s finance, HR, and planning products, and enhancing system security and compliance with its product suite. Kainos operates in over 20 countries and is listed on the London Stock Exchange.
Average Trading Volume: 328,081
Technical Sentiment Signal: Sell
Current Market Cap: £850.9M
Find detailed analytics on KNOS stock on TipRanks’ Stock Analysis page.