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Shearwater’s Brookcourt Wins £9m Global Financial Cyber Defence Contract

Story Highlights
  • Shearwater’s Brookcourt unit has landed a £9m, three-year global email security contract renewal and expansion.
  • The deal underpins FY26 expectations and advances Shearwater’s strategy of growing recurring, high-value cyber defence revenues.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Shearwater’s Brookcourt Wins £9m Global Financial Cyber Defence Contract

Meet Samuel – Your Personal Investing Prophet

Shearwater ( (GB:SWG) ) has shared an announcement.

Shearwater Group’s subsidiary Brookcourt Solutions has secured a three-year, approximately £9 million renewal and expansion contract with a leading global financial institution to deliver, implement and support an advanced email security solution across the customer’s worldwide operations. The deal renews existing advanced email gateway and insider threat management services while expanding secure email gateway capacity, with around £2.7 million of revenue to be recognised in FY26, reinforcing Shearwater’s FY26 market expectations, highlighting Brookcourt’s strength in enterprise-scale cybersecurity deployments, and supporting the Group’s strategy of building recurring, high-value revenues from market-leading cyber defence solutions.

The most recent analyst rating on (GB:SWG) stock is a Hold with a £46.00 price target. To see the full list of analyst forecasts on Shearwater stock, see the GB:SWG Stock Forecast page.

Spark’s Take on GB:SWG Stock

According to Spark, TipRanks’ AI Analyst, GB:SWG is a Neutral.

Shearwater’s overall stock score is primarily impacted by its strong revenue growth, which is overshadowed by significant profitability and cash flow challenges. The technical indicators suggest a bearish trend with weak market momentum. Valuation metrics are unfavorable due to ongoing losses and the absence of a dividend yield.

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

More about Shearwater

Shearwater Group plc is a UK-headquartered, AIM-listed cybersecurity group providing cyber security, managed security and professional advisory solutions to organisations and their end users. Through a full-service offering spanning identity and access management, data security, cybersecurity solutions, managed security services and security governance, risk and compliance, the company pursues a buy-and-build growth strategy to serve global customers across a wide range of industries.

Average Trading Volume: 60,132

Technical Sentiment Signal: Sell

Current Market Cap: £11.2M

See more data about SWG stock on TipRanks’ Stock Analysis page.

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