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Solid State ( (GB:SOLI) ) has issued an update.
Solid State plc reported strong interim results for the first half of the 2025/26 financial year, with a 38.6% increase in headline revenues to £85.7 million, driven by a major communications order. Despite a slower order intake initially, the company has seen a recovery in the second half, maintaining confidence in meeting full-year market expectations. The company is also navigating the transition following the passing of long-time CEO Gary Marsh, with John Macmichael stepping in as interim CEO. The company continues to invest in expanding its facilities and capabilities, securing significant contracts, and strengthening its board, positioning itself for strategic growth despite challenges in the industrial sector.
The most recent analyst rating on (GB:SOLI) stock is a Hold with a £164.00 price target. To see the full list of analyst forecasts on Solid State stock, see the GB:SOLI Stock Forecast page.
Spark’s Take on GB:SOLI Stock
According to Spark, TipRanks’ AI Analyst, GB:SOLI is a Neutral.
Solid State’s overall stock score reflects significant challenges in financial performance and valuation. The company’s declining profitability and high P/E ratio are major concerns. Technical analysis indicates bearish momentum, further impacting the score. The stable balance sheet provides some support, but improvements in profitability and valuation are needed to enhance the stock’s attractiveness.
To see Spark’s full report on GB:SOLI stock, click here.
More about Solid State
Solid State plc is a leading value-added electronics group that supplies industrial and defense markets with durable components, assemblies, and manufactured systems for critical applications, particularly in harsh operational environments. The company’s products are used globally.
Average Trading Volume: 101,991
Technical Sentiment Signal: Sell
Current Market Cap: £81M
See more data about SOLI stock on TipRanks’ Stock Analysis page.