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SRT Marine Systems ( (GB:SRT) ) has shared an update.
SRT Marine Systems reported a strong first half for the 2026 financial year, with unaudited revenues nearly doubling to £51.1m and profit before tax rising 47% to £3.1m, alongside an 85% increase in gross cash to £41.5m. Both its Navigation Safety and Integrated Marine Surveillance Systems divisions performed in line with expectations, underpinned by execution on four major system projects and ongoing support of a fifth, while management highlighted a £300m active contract book and a £1.8bn opportunity pipeline, including a pending $200m award, as indicators of sustained global demand and potential upside for growth in the second half and beyond.
The most recent analyst rating on (GB:SRT) stock is a Hold with a £80.00 price target. To see the full list of analyst forecasts on SRT Marine Systems stock, see the GB:SRT Stock Forecast page.
Spark’s Take on GB:SRT Stock
According to Spark, TipRanks’ AI Analyst, GB:SRT is a Neutral.
The overall stock score is primarily influenced by strong revenue growth and improving operational efficiency. However, high valuation metrics and weak technical indicators weigh down the score. The absence of dividend yield and cash flow challenges further impact the stock’s attractiveness.
To see Spark’s full report on GB:SRT stock, click here.
More about SRT Marine Systems
SRT Marine Systems plc is a UK-based global provider of civil defence maritime intelligence and surveillance systems and navigation safety and efficiency solutions. Its technologies deliver maritime domain awareness (MDA) intelligence that supports nationwide, intelligence-led operations for sovereign agencies such as coast guards, fisheries authorities and ports, while its navigation systems help commercial and leisure vessel operators improve digital navigation safety and efficiency.
Average Trading Volume: 258,014
Technical Sentiment Signal: Buy
Current Market Cap: £242.8M
Learn more about SRT stock on TipRanks’ Stock Analysis page.