Transense Cuts FY26 Outlook Despite Strong Growth in Core Sensing Divisions

The latest update is out from Transense Technologies PLC ( (GB:TRT) ).

Transense Technologies reported that both its SAWsense and Translogik divisions are growing, but overall revenue and royalty income for the year to June 2026 are now expected to fall short of market forecasts due to slower-than-anticipated customer onboarding and a roughly 10% downgrade to expected Bridgestone iTrack royalties. The company now guides to at least £5.2m of revenue for FY26, including about £2.0m in royalties, with composite revenue growth of at least 30% from its two operating businesses and maintained gross margins, but profitability is expected to be materially below prior expectations despite being profitable and cash generative in the first half. SAWsense delivered more than 70% revenue growth in the first half and Translogik 13%, supported by a growing pipeline and new partnering opportunities, though management cites geopolitical and economic uncertainty as delaying new commitments; the board nonetheless reiterates confidence in sustainable longer-term growth as it prepares to publish interim results and present to investors in February.

The most recent analyst rating on (GB:TRT) stock is a Hold with a £138.00 price target. To see the full list of analyst forecasts on Transense Technologies PLC stock, see the GB:TRT Stock Forecast page.

Spark’s Take on GB:TRT Stock

According to Spark, TipRanks’ AI Analyst, GB:TRT is a Outperform.

Transense Technologies PLC scores well due to its strong financial performance, strategic corporate events, and reasonable valuation. The company’s robust revenue growth, high gross margins, and strategic focus on high-value sectors are significant strengths. Technical analysis supports a stable outlook, while corporate events highlight strong shareholder support and strategic initiatives.

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

More about Transense Technologies PLC

Transense Technologies, headquartered in Oxfordshire and listed on AIM, develops and supplies advanced sensor technology and measurement solutions for demanding, mission-critical applications. Operating through its SAWsense and Translogik divisions, the company provides Surface Acoustic Wave-based sensing systems to leading aerospace, automotive and industrial machinery customers, and smart, connected tyre inspection equipment to major global tyre manufacturers, fleet operators and service centres, while also earning residual royalties from Bridgestone’s iTrack off-highway tyre monitoring system.

Average Trading Volume: 12,459

Technical Sentiment Signal: Sell

Current Market Cap: £17.88M

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