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Volex lifts FY2026 outlook on AI-driven data centre boom and weighs Main Market move

Story Highlights
  • Volex raised FY2026 guidance as AI-fuelled data centre demand drives revenue and margins higher.
  • The company is weighing a shift to the London Stock Exchange Main Market to tap deeper capital and boost profile.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Meet Samuel – Your Personal Investing Prophet

Volex plc ( (GB:VLX) ) has issued an update.

Volex plc expects revenue for the year to 31 March 2026 to reach at least $1.22 billion, with underlying operating margins slightly above its 9–10% target range, driven largely by surging demand for high-speed data transmission products in data centres supporting AI applications. Data centre revenue is forecast to double from last year, while other segments, including electric vehicles, consumer electricals, medical and off-highway, traded robustly, and the group reports minimal direct exposure to Middle East geopolitical risks.

The Board is considering moving the company’s listing from AIM to the Main Market of the London Stock Exchange, aiming to improve access to capital, broaden its investor base and potentially secure FTSE 250 inclusion. Volex will outline new medium-term growth targets and the structural drivers of its expansion at a capital markets event on 22 April 2026 in London, signalling a push to leverage its increased scale, profitability and global reach for the next phase of growth.

The most recent analyst rating on (GB:VLX) stock is a Buy with a £502.00 price target. To see the full list of analyst forecasts on Volex plc stock, see the GB:VLX Stock Forecast page.

Spark’s Take on VLX Stock

According to Spark, TipRanks’ AI Analyst, VLX is a Outperform.

Volex plc’s strong financial performance and positive earnings call sentiment are the primary drivers of its overall score. The company’s strategic focus on growth sectors like electric vehicles and data centers, along with stable financials, positions it well for future success. Technical analysis and valuation are neutral, indicating a balanced risk-reward profile.

To see Spark’s full report on VLX stock, click here.

More about Volex plc

Volex plc is a UK-headquartered integrated manufacturer specialising in mission-critical power and data connectivity solutions for global blue-chip customers. Operating 23 manufacturing facilities and employing over 13,000 people in 25 countries, it serves five core end-markets: electric vehicles, consumer electricals, medical, complex industrial technology and off-highway equipment.

Average Trading Volume: 490,711

Technical Sentiment Signal: Buy

Current Market Cap: £800.7M

See more insights into VLX stock on TipRanks’ Stock Analysis page.

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