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Solid State ( (GB:SOLI) ) just unveiled an update.
Solid State plc has announced the appointment of Victor Chavez CBE as Non-Executive Deputy Chairman, effective from January 1, 2026. Chavez brings over 35 years of experience in the defense, aerospace, and security sectors, having previously served as CEO at Thales UK. His extensive background in leading major defense and security programs is expected to significantly contribute to Solid State’s development and strengthen its board. This strategic appointment is part of the company’s broader succession planning and aims to enhance its industry positioning and operational capabilities.
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 specializing in supplying industrial and defense markets with durable components, assemblies, and manufactured systems for critical applications, particularly in harsh operational environments. The company focuses on industrial and ruggedized computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components & displays. Operating through two divisions, Systems and Components, Solid State serves a wide range of industries including defense, energy production, aerospace, environmental, oceanographic, industrial, robotics, medical, life sciences, and transportation. Headquartered in Redditch, UK, the company employs over 425 people globally and operates from 13 national and international sites.
Average Trading Volume: 101,991
Technical Sentiment Signal: Sell
Current Market Cap: £81M
For detailed information about SOLI stock, go to TipRanks’ Stock Analysis page.