In a report released today, Andrew Wade from Jefferies maintained a Buy rating on AO World (AO – Research Report), with a price target of p150.00.
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Andrew Wade’s rating is based on AO World’s impressive financial performance in FY25, which aligned with expectations and demonstrated a significant return to growth. The company achieved a remarkable increase in its B2C Retail segment, growing by 12%, and delivered record profits that even surpassed the levels seen during the COVID-19 pandemic in FY21.
Leveraging its expanding membership proposition and strong customer-facing capabilities, AO World is well-positioned for continued robust growth in FY26. These positive indicators have led Andrew Wade to maintain his forecasts largely unchanged and reaffirm his Buy rating for the stock.