TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Watches of Switzerland Group PLC ( (GB:WOSG) ).
Watches of Switzerland Group PLC reported strong financial results for the first half of FY26, driven by robust growth in the US, which now accounts for almost 60% of the company’s profitability. Group revenue increased by 10% in constant currency, with a notable rise in adjusted EBIT and free cash flow. The company benefited from a reduction in US tariffs on Swiss imports and continued to expand its retail and ecommerce presence. The outlook for the second half of the year remains positive, with trading in line with expectations and a confident reiteration of FY26 guidance.
The most recent analyst rating on (GB:WOSG) stock is a Hold with a £460.00 price target. To see the full list of analyst forecasts on Watches of Switzerland Group PLC stock, see the GB:WOSG Stock Forecast page.
Spark’s Take on GB:WOSG Stock
According to Spark, TipRanks’ AI Analyst, GB:WOSG is a Outperform.
Watches of Switzerland Group PLC demonstrates strong financial performance and technical indicators, with consistent revenue growth and bullish market momentum. However, the stock is currently overbought, which may lead to a short-term correction. The valuation is moderate, with a focus on growth over dividends. Managing debt levels and enhancing profitability will be key to sustaining long-term growth.
To see Spark’s full report on GB:WOSG stock, click here.
More about Watches of Switzerland Group PLC
Watches of Switzerland Group PLC operates in the luxury retail industry, specializing in high-end watches and jewelry. The company focuses on luxury watch brands and has a significant presence in both the UK and US markets, with a growing emphasis on ecommerce and showroom developments.
Average Trading Volume: 882,574
Technical Sentiment Signal: Buy
Current Market Cap: £1.09B
See more insights into WOSG stock on TipRanks’ Stock Analysis page.