Babcock International (BAB) AI Stock Analysis

• Market Cap: £6.73B
• Dividend Yield: 0.56%
• Average Volume (3M): 2.10M
• Price to Earnings (P/E): 23.7
• Beta (1Y): 1.25
• Revenue Growth: 7.36%
• EPS Growth: 48.93%
• Country: UK
• Employees: 28,343
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.28
• Shares Outstanding: 499,347,230
• 10 Day Avg. Volume: 1,837,437
• 30 Day Avg. Volume: 2,099,800
• PEG Ratio: 0.30
• Price to Book (P/B): 6.03
• Price to Sales (P/S): 0.75
• P/FCF Ratio: 20.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £1,543.50
• Price Target Upside: 14.16% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 0.56
• Revenue Forecast (FY): £5.12B

• Rating: 68 Neutral
• Price Target: 1,416.00p ▲(4.73% Upside)
• Action: Reiterated Date: 01/14/26
• Date: Action: Reiterated 01/14/26

The score is supported primarily by improving financial performance and a strong, confidence-boosting earnings call with reaffirmed margin targets and solid cash conversion. Technicals indicate an established uptrend but are heavily overbought, raising near-term risk. Valuation is the main drag due to a higher P/E and low dividend yield.

Positive Factors

Long-term service contracts with government customers

Babcock’s revenue model is built on mission‑critical, multi‑year service contracts for defence and government customers, producing recurring, schedule-driven revenue and high switching costs. This contract structure supports predictable backlog and cash visibility for several years, reducing short-term demand volatility and underpinning durable revenue streams.

Recent margin expansion and revenue momentum

Management reported sustained operational improvement: 7% organic growth and a 90bp margin uplift demonstrating operational leverage. Reaffirmed guidance and medium‑term margin targets suggest process improvements and higher‑margin mix are persisting, implying structurally better profitability if execution continues across key programmes.

Stronger cash conversion and balance sheet focus

High reported cash conversion (83%) and meaningful free cash flow demonstrate capacity to fund capex, facility investment and returns. Combined with management emphasis on balance sheet repair and executed buybacks, this improves financial flexibility and reduces refinancing risk, supporting durable investment in capacity and programme delivery.

Negative Factors

Modest net and operating margins

Despite recent improvement, absolute margins remain modest for an engineering & support provider. Narrow net margins limit cushion against contract cost overruns or inflation, reduce retained earnings for reinvestment, and constrain the ability to absorb delivery shocks on large long‑lead defence programmes over the medium term.

Declining free cash flow and uneven cash conversion vs earnings

A significant year‑over‑year drop in free cash flow and a low operating‑cash‑to‑net‑income ratio signal working‑capital timing or conversion issues. Persisting cash conversion weakness would constrain funding for organic expansion, bolt‑ons or higher shareholder returns and raises sensitivity to cost or schedule slippage on major contracts.

Contract replenishment concentration and labour pressures

Performance is exposed to programme timing and sector concentration: Land revenues fell 11%, Marine intake was a one‑off surge not expected to repeat, and labour shortages (notably in Nuclear) raise delivery and cost risk. These structural supply and order‑replenishment issues can compress margins and backlog growth over multiple quarters.

Babcock International Business Overview & Revenue Model

Company Description

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation. It designs, procures, operates, and manages critical utility and process equipment; offers asset management, defense and maritime training, information and intelligence, equipment and system, and facilities and infrastructure services, as well as naval platforms; and designs, manufactures, and provides through-life support for mechanical and electrical systems and equipment. The company also offers naval architecture, engineering, and project management services; submarines and complex engineering services in support of various decommissioning programs and projects, training and operation support, new build program management, and design and installation; critical vehicle fleet management, and equipment support and training services for military and civil customers; and designs, assesses, manufactures, installs, maintains, and decommissions vehicles for police, fire and ambulance, civil service, military, and other security-focused organizations. In addition, it provides plain line track renewal services; and engineering services for track projects, signaling, telecommunications, and on-track plants. Further, the company offers critical engineering services to defense and civil customers, including pilot training, equipment support, and airbase management, as well as operates aviation fleets that provide delivering emergency services. Babcock International Group PLC was founded in 1891 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Babcock International generates revenue primarily through long-term contracts and service agreements in its core sectors. The company earns money by providing engineering support, maintenance, and operational services, which are often structured as multi-year contracts with government and commercial clients. Key revenue streams include defense contracts for military equipment support, civil engineering projects, and emergency services support contracts. Additionally, Babcock benefits from partnerships with government entities and private organizations, which often lead to repeat business and long-term relationships. The company's diverse service offerings and ability to deliver complex solutions allow it to maintain a steady flow of income and capitalize on various market opportunities.

Babcock International Financial Statement Overview

Summary

Income statement is solid (Score 75) with 4.53% revenue growth and moderate EBIT/EBITDA margins, but profitability remains modest (5.11% net margin). Balance sheet is improving (Score 65) with better leverage and strong ROE, though equity ratio is low. Cash flow is weaker (Score 60) as free cash flow fell 20.49% year over year and cash generation vs. earnings is moderate.

Income Statement

Babcock International shows a positive revenue growth rate of 4.53% in the latest year, indicating a recovery from previous declines. The gross profit margin is exceptionally high at 100%, suggesting effective cost management. However, the net profit margin is modest at 5.11%, and the EBIT and EBITDA margins are moderate at 7.88% and 10.32%, respectively. Overall, the income statement reflects a stable performance with room for improvement in profitability.

Balance Sheet

The company's debt-to-equity ratio has improved to 1.70 from previous higher levels, indicating a reduction in leverage. Return on equity is strong at 40.88%, showcasing effective use of equity to generate profits. However, the equity ratio is relatively low, suggesting potential risks if debt levels increase again. The balance sheet shows progress in financial stability but highlights the need for cautious debt management.

Cash Flow

Operating cash flow remains positive, though the free cash flow has decreased by 20.49% compared to the previous year. The operating cash flow to net income ratio is 0.17, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is 0.58, reflecting a decent conversion of earnings into cash. The cash flow statement suggests adequate liquidity but highlights the need for improved free cash flow management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2022	Mar 2021	Mar 2019
Income Statement
Total Revenue	4.96B	4.83B	4.39B	4.44B	3.97B	4.42B
Gross Profit	412.90M	4.83B	247.20M	833.60M	270.40M	513.60M
EBITDA	570.40M	498.50M	381.40M	249.30M	-1.44B	220.30M
Net Income	287.10M	247.10M	165.70M	-35.00M	-1.80B	-117.80M
Balance Sheet
Total Assets	3.86B	3.69B	3.58B	3.31B	4.61B	7.79B
Cash, Cash Equivalents and Short-Term Investments	705.90M	647.80M	575.00M	456.00M	913.00M	1.97B
Total Debt	1.07B	1.03B	998.00M	1.02B	2.32B	3.73B
Total Liabilities	3.12B	3.07B	3.17B	2.94B	4.38B	5.47B
Stockholders Equity	724.00M	604.40M	388.90M	353.90M	213.00M	2.30B
Cash Flow
Free Cash Flow	236.40M	180.50M	172.30M	144.90M	287.70M	133.00M
Operating Cash Flow	364.90M	308.80M	314.70M	270.00M	464.20M	353.30M
Investing Cash Flow	-114.40M	-110.80M	-100.60M	74.80M	-61.20M	2.60M
Financing Cash Flow	-153.30M	-92.70M	-85.50M	-666.10M	-1.22B	727.70M

Babcock International Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1352.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BAB, the sentiment is Negative. The current price of 1352 is below the 20-day moving average (MA) of 1377.80, below the 50-day MA of 1384.28, and above the 200-day MA of 1172.86, indicating a neutral trend. The MACD of -6.55 indicates Positive momentum. The RSI at 44.74 is Neutral, neither overbought nor oversold. The STOCH value of 45.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BAB.

Babcock International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COST	78 Outperform	£497.69M	15.96	13.21%	1.88%	-12.98%	5.51%
BBY	76 Outperform	£3.67B	21.20	16.34%	1.80%	9.97%	-15.46%
KIE	74 Outperform	£998.67M	18.62	10.87%	3.19%	4.40%	31.59%
MGNS	73 Outperform	£2.33B	13.30	24.19%	2.49%	6.93%	21.50%
GFRD	71 Outperform	£535.00M	16.28	27.48%	3.65%	5.78%	-6.80%
BAB	68 Neutral	£6.73B	23.72	46.10%	0.56%	7.36%	48.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Babcock International Corporate Events

Babcock Adds to Treasury Stock with Further Share Buyback

Babcock International Group has repurchased 7,691 ordinary shares on 17 February 2026 via J.P. Morgan Securities at an average price of 1,335.9406 pence per share, with the stock bought within a price range of 1,320 to 1,349 pence. The company will hold these shares in treasury, continuing a wider buyback that since July 2025 has seen 8,020,523 shares acquired for about £89.7 million, leaving 499,379,034 shares in issue excluding treasury holdings.

The latest transaction increases Babcock’s treasury share balance to 6,217,563, incrementally reducing the free float and potentially enhancing earnings per share over time, a move typically viewed by investors as a sign of confidence in the company’s valuation. The buyback, executed solely on the London Stock Exchange under Babcock’s ongoing programme, underlines management’s focus on capital returns and tighter control of its shareholder base.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1455.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Treasury Stock with Latest Share Buyback

Babcock International Group PLC has continued its share buyback activity, purchasing 6,439 ordinary shares on 16 February 2026 via Jefferies International at prices between £13.19 and £13.49, with a volume-weighted average price of £13.4061. The company will hold these shares in treasury, bringing its total treasury holding to 6,209,872 shares and leaving 499,386,725 shares in issue, as part of a broader programme that has retired over 8 million shares since July 2025 at a cost of about £89.6 million, signaling ongoing capital return and balance-sheet management for shareholders.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1455.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds to Treasury Holdings

Babcock International has continued its share buyback programme, repurchasing 8,045 ordinary shares on 13 February 2026 via J.P. Morgan Securities at an average price of 1,295.0781 pence, with the shares to be held in treasury. The move takes total purchases since 24 July 2025 to just over 8.0 million shares at a cost of £89.5 million, leaving 6.2 million shares in treasury and 499.4 million shares in issue, underscoring ongoing capital management efforts and a reduction in the effective free float for investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1455.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Extends Buyback as Treasury Shareholding Nears 6.2 Million

Babcock International Group PLC has continued its share buyback activity, repurchasing 15,866 ordinary shares on 12 February 2026 via Jefferies International at prices between £12.80 and £13.30, with a volume-weighted average price of £12.99, and intends to hold these shares in treasury. Since 24 July 2025 the company has acquired nearly 8 million shares for about £89.4 million, leaving 6.2 million shares in treasury and 499.4 million shares in issue, underscoring an ongoing capital management strategy that can support earnings per share and signal confidence in its valuation to investors.

The latest transaction marginally reduces the free float while consolidating ownership structure and may enhance per-share metrics if shares are not reissued. Continued buybacks of this scale indicate that management is actively deploying capital to repurchases alongside other strategic priorities, a move that shareholders may interpret as a sign of balance sheet strength and sustained cash generation.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Share Buyback, Lifts Treasury Stock Holdings

Babcock International has repurchased 7,508 of its 60 pence ordinary shares on 11 February 2026 via J.P. Morgan Securities at an average price of 1,332.0166 pence, with prices ranging between 1,311 and 1,354 pence per share. The shares will be held in treasury, leaving 499,417,075 ordinary shares in issue excluding treasury holdings.

Since 24 July 2025, Babcock has bought back 7,982,482 shares at a total cost of about £89.2 million, and now holds 6,179,522 shares in treasury. The continued execution of its buyback programme signals ongoing capital management efforts that can enhance earnings per share and support the share price, affecting the balance of interests between remaining shareholders and overall capital structure.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Ongoing Share Buyback, Tightening Free Float

Babcock International said it repurchased 6,275 ordinary shares on 10 February 2026 via Jefferies International at prices between £13.23 and £13.86, for a volume-weighted average of £13.5168 per share, with the shares to be held in treasury. The transaction forms part of an ongoing buyback programme under which the company has bought nearly 8 million shares since July 2025 at a total cost of about £89.1 million, leaving 499.4 million shares in issue excluding treasury stock.

By continuing to retire shares into treasury rather than cancel them, Babcock is tightening the free float and potentially boosting earnings per share, signalling management’s confidence in the group’s valuation and cash generation. The measured scale of the latest purchase, relative to the overall programme, suggests a steady capital-return approach rather than an aggressive balance-sheet move, with implications for shareholder returns and trading liquidity over time.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback as Treasury Shareholding Rises

Babcock International has continued its share buyback programme, repurchasing 6,542 ordinary shares on 9 February 2026 via J.P. Morgan Securities at an average price of 1,422.3823 pence, with a view to holding the stock in treasury. Since the programme began on 24 July 2025, the company has bought 7,968,699 shares for £89 million, leaving 6,165,739 shares now held in treasury and 499,430,858 ordinary shares in issue, moves that modestly reduce free float and can enhance earnings per share for remaining investors.

The latest transaction underscores Babcock’s ongoing capital management strategy, signalling confidence in its valuation while returning surplus capital to shareholders through reduced share count. Maintaining the purchased shares in treasury also gives the company flexibility for future uses such as employee share schemes or potential strategic transactions without issuing new equity into the market.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback, Lifts Treasury Stock to 6.2 Million Shares

Babcock International has continued its share buyback activity, purchasing 2,883 ordinary shares on 6 February 2026 via Jefferies International at prices between £13.79 and £14.12, with a volume-weighted average price of £13.9151 per share. The company will hold these shares in treasury, a move that marginally reduces the free float while preserving flexibility for future capital management.

Since 24 July 2025, Babcock has repurchased 7,962,157 shares at a total cost of about £88.9 million, and now holds 6,159,197 shares in treasury with 499,437,400 shares remaining in issue. The ongoing buyback underscores management’s commitment to returning capital to shareholders and may support earnings per share over time by shrinking the effective share base.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Treasury Stock with Fresh Share Buyback

Babcock International Group PLC has repurchased 7,500 of its ordinary shares on 5 February 2026 via J.P. Morgan Securities plc, paying an average price of 1,408.3309 pence per share, with prices ranging between 1,380 and 1,431 pence. The company will hold these shares in treasury, bringing its total treasury holding to 6,156,314 shares and leaving 499,440,283 ordinary shares in issue (excluding treasury), and since 24 July 2025 it has bought back nearly 8 million shares at a total cost of about £88.9 million, underscoring the ongoing execution of its share buyback programme and its active approach to capital management.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds to Treasury Holdings

Babcock International Group PLC has continued its share buyback activity, purchasing 18 of its own ordinary shares on 4 February 2026 via Jefferies International Limited at a volume-weighted average price of £14.395 per share, with prices ranging between £14.31 and £14.78. The company intends to hold these shares in treasury, bringing total purchases since 24 July 2025 to 7,951,774 shares at a cost of £88.77 million, and leaving 6,148,814 shares in treasury and 499,447,783 ordinary shares in issue, a capital management move that marginally increases earnings per share and underscores Babcock’s ongoing programme to return value to shareholders and optimise its balance sheet.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £15.54 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback, Adds to Treasury Holdings

Babcock International Group PLC has continued its share buyback programme, purchasing 6,857 ordinary shares on 3 February 2026 via J.P. Morgan Securities plc at an average price of 1,458.4740 pence per share, with the shares to be held in treasury. Since 24 July 2025, the company has repurchased a total of 7,951,756 shares at a cost of approximately £88.77 million, and now holds 6,148,796 shares in treasury out of 499,447,801 ordinary shares in issue, signalling ongoing capital management efforts that reduce the free float and can enhance earnings per share for remaining shareholders.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds to Treasury Holdings

Babcock International Group PLC has continued its share buyback activity, purchasing 18 of its 60 pence ordinary shares on 2 February 2026 via Jefferies International Limited at prices between £14.20 and £14.27, with a volume-weighted average price of £14.2306 per share. The shares will be held in treasury, and since 24 July 2025 the company has acquired a total of 7,944,899 shares for £88.67 million, leaving 6,141,939 shares in treasury and 499,454,658 ordinary shares in issue, a capital management move that modestly reduces the free float and can be supportive for earnings per share and shareholder value over time.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Confirms Total Voting Rights at 499.5 Million Shares

Babcock International Group PLC has reported that, as of 31 January 2026, its issued share capital comprised 505,596,597 ordinary shares of 60 pence each, of which 6,141,921 shares are held in treasury. As a result, the company confirmed that the total number of voting rights currently attached to its shares stands at 499,454,676, a figure that shareholders and market participants should use when calculating disclosure thresholds for notifiable interests under UK transparency rules.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Treasury Stock as Share Buyback Passes £88m

Babcock International Group has continued its share buyback programme, repurchasing 6,927 ordinary shares on 30 January 2026 via J.P. Morgan Securities at an average price of 1,443.7410 pence per share. The company will hold these shares in treasury, bringing its total treasury holding to 6,141,921 shares and leaving 499,454,676 ordinary shares in issue; since 24 July 2025, Babcock has spent £88.7 million acquiring nearly 7.95 million shares, underscoring an ongoing capital management strategy that may support earnings per share and signal confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds to Treasury Holdings

Babcock International Group PLC has continued its share buyback activity, purchasing 27 of its own ordinary shares on 29 January 2026 via Jefferies International Limited at prices between £14.56 and £14.64 per share, with a volume-weighted average price of £14.5915. The shares will be held in treasury, bringing total repurchases since 24 July 2025 to 7,937,954 shares at a cumulative cost of about £88.6 million and leaving the company with 6,134,994 shares in treasury and 499,461,603 ordinary shares in issue, a programme that marginally reduces the free float and can enhance earnings per share for remaining investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds 6,657 Shares to Treasury

Babcock International Group PLC has continued its share buyback activity, purchasing 6,657 ordinary shares on 28 January 2026 through J.P. Morgan Securities at an average price of 1,502.3523 pence per share, with the shares to be held in treasury. Since the start of the programme on 24 July 2025, the company has repurchased a total of 7,937,927 shares for £88.6 million, leaving 6,134,967 shares in treasury and 499,461,630 shares in issue, a move that incrementally enhances earnings per share and signals ongoing capital management discipline to investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Discloses Share Dealings by Chief People Officer

Babcock International Group has disclosed a management share transaction involving Chief People Officer Louise Atkinson, who exercised a nil-cost share award over 24,749 ordinary shares and subsequently sold the same number of shares. The transaction, conducted in London on 27 January 2026 at a sale price of £14.85 per share, reflects standard executive incentive arrangements and aligns with regulatory requirements for transparency around dealings by senior management in the company’s equity.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback with Fresh Treasury Share Purchase

Babcock International Group PLC has continued its share buyback activity, purchasing 15,093 of its 60 pence ordinary shares on 27 January 2026 via Jefferies International at prices between £14.42 and £14.88 per share, with a volume-weighted average price of £14.5961. The company will hold these shares in treasury, and since 24 July 2025 it has acquired a total of 7,931,270 shares at a cost of about £88.5m, leaving 6,128,310 shares in treasury and 499,468,287 ordinary shares in issue, a capital management move that incrementally boosts earnings per share and signals continued board confidence in the group’s valuation to investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1673.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Share Buyback, Adds to Treasury Holdings

Babcock International Group has continued its share buyback programme, repurchasing 6,746 ordinary shares on 26 January 2026 via J.P. Morgan Securities at an average price of 1,457.9094 pence per share, with the shares to be held in treasury. Since the start of the programme in July 2025, the company has bought back a total of 7,916,177 shares at a cumulative cost of £88.25m, leaving 6,113,217 shares in treasury and 499,483,380 ordinary shares in issue, a move that effectively reduces the free float and can enhance earnings per share and capital returns for remaining shareholders.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1556.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback with Further Treasury Share Purchase

Babcock International Group PLC has continued its share buyback programme, repurchasing 34,839 ordinary shares on 23 January 2026 via Jefferies International Limited at prices ranging between £14.27 and £14.84, with a volume-weighted average price of £14.6425 per share. The company will hold these shares in treasury, bringing its total treasury holding to 6,106,471 shares and leaving 499,490,126 ordinary shares in issue excluding treasury stock, after having bought back nearly 7.91 million shares at a total cost of about £88.2 million since July 2025, signalling ongoing capital management efforts that may support earnings per share and shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £13.38 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock lifts confidence on FY26 as Indonesia deal, naval wins and buyback drive momentum

Babcock International reported continued strong financial and operational performance for the nine months to 31 December 2025, with solid organic revenue growth, improving underlying operating margins and most of its forecast full-year revenue already under contract, underpinning confidence in meeting its 8% FY26 margin target. Growth was driven by robust activity in Nuclear, Aviation and Marine, including new clean energy projects, submarine support work, the ramp-up of France’s Mentor 2 aviation contract and higher volumes in LGE and the Skynet programme, more than offsetting weakness in Land due to lower Rail activity. Operationally, the group highlighted a series of strategic wins and milestones, notably being selected as prime industrial partner for Indonesia’s £4 billion Maritime Partnership Programme and signing a Letter of Intent for two additional Arrowhead 140 licences, progress on its Type 31 frigate build in Rosyth, an expanded partnership with HII to manufacture assemblies for US Virginia-class submarines linked to AUKUS, and further work to position the Royal Navy for autonomous and hybrid naval operations. Babcock also continued to ramp up its £1 billion DSG Land contract, started delivery of Jackal 3 vehicles for the British Army, remained in discussions on a follow-on to its key Future Maritime Support Programme contract, advanced a £200 million share buyback with £90 million already returned, and announced that long-serving CEO David Lockwood will retire by year-end 2026, to be succeeded by Nuclear sector chief Harry Holt, signalling a leadership transition designed to maintain strategic continuity.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1589.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Names Nuclear Chief Harry Holt as Successor to Retiring CEO David Lockwood

Babcock International Group has announced that Group Chief Executive David Lockwood will retire by the end of 2026, with Harry Holt, currently CEO of the company’s Nuclear sector, appointed as his successor following an internal and external search. Holt will become Deputy CEO and join the board in June to oversee a managed transition before taking over as Group Chief Executive, while Lockwood, credited with leading a strategic and financial turnaround, will continue to support the business thereafter. The board highlighted Holt’s strong track record in significantly growing the Nuclear sector’s revenues and margins and his prior senior experience at Rolls-Royce and across the wider defence and nuclear industries, framing the succession as continuity of the company’s current growth strategy and culture. Remuneration details confirm Lockwood’s status as a “good leaver”, with continued eligibility for certain bonuses and share awards in line with company policy, underscoring an orderly leadership change aimed at maintaining investor confidence and sustaining Babcock’s momentum as a leading global defence business.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1589.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock CFO Adds Shares Through Dividend Reinvestment Plan

Babcock International Group PLC has disclosed a routine share transaction involving Group Chief Financial Officer David Mellors under a dividend reinvestment standing instruction. The filing shows that Mellors received additional ordinary shares in three small tranches on 16 and 20 January 2026 through the automatic reinvestment of dividends, a standard practice that modestly increases his equity stake and reflects ongoing alignment of executive interests with shareholders.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1586.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback, Lifts Treasury Shares After Latest Market Purchase

Babcock International Group PLC has continued its share buyback activity, purchasing 1,283 ordinary shares on 5 January 2026 via Jefferies International Limited at prices ranging between £13.23 and £13.44 per share, with a volume-weighted average price of £13.3102. The company will hold these shares in treasury, bringing its treasury holding to 6,071,632 shares and leaving 499,524,965 ordinary shares in issue, and since 24 July 2025 it has repurchased a total of 7,874,592 shares at a cost of £87.64 million, underscoring ongoing capital management efforts that marginally increase earnings per share and adjust the free float for investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Buys Back More Shares, Lifts Treasury Stock to Over 6 Million

Babcock International Group PLC has continued its share buyback activity, purchasing 38,567 ordinary shares on 2 January 2026 via J.P. Morgan Securities at an average price of 1,275.431 pence per share, with the shares to be held in treasury. Since 24 July 2025, the company has repurchased a total of 7,873,309 shares at a cost of £87.6 million, leaving 6,070,349 shares held in treasury and 499,526,248 ordinary shares in issue excluding treasury, underscoring management’s ongoing capital return strategy and its potential implications for earnings per share and shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Updates Market on Year-End Voting Rights and Share Capital

Babcock International Group PLC has reported that, as at 31 December 2025, its issued share capital comprised 505,596,597 ordinary shares of 60 pence each, of which 6,031,782 shares were held in treasury. As a result, the total number of voting rights in the company stands at 499,564,815, a key reference figure for shareholders in assessing whether they must disclose holdings or changes in their positions under UK transparency rules, reinforcing compliance with market disclosure requirements and providing clarity on the company’s capital structure for investors and regulators.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Buyback with December Treasury Share Purchase

Babcock International has continued its share buyback programme, purchasing 40,529 ordinary shares on 30 December 2025 via J.P. Morgan Securities at an average price of 1,233.6938 pence per share, with the shares to be held in treasury. Since 24 July 2025, the group has repurchased a total of 7,834,742 shares at a cost of about £87.1m, leaving 6,031,782 shares held in treasury and 499,564,815 ordinary shares in issue, a capital management move that reduces the free float and may enhance earnings per share for remaining investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback with Fresh £0.5m Treasury Share Purchase

Babcock International has continued its share buyback programme, repurchasing 40,592 ordinary shares on 24 December 2025 via J.P. Morgan Securities at an average price of 1,257.9016 pence per share, with the shares to be held in treasury. Since the programme began on 24 July 2025, the company has bought back a total of 7,794,213 shares for £86.6 million, leaving 5,991,253 shares held in treasury and 499,605,344 ordinary shares in issue, signalling an ongoing effort to manage its capital structure and potentially enhance earnings per share for remaining shareholders.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback with New Treasury Share Purchase

Babcock International Group PLC has continued its share buyback activity, purchasing 7,407 ordinary shares on 23 December 2025 at prices between £12.50 and £12.62 per share, with a volume-weighted average price of £12.5736. The shares, acquired via Jefferies International Limited and to be held in treasury, form part of a wider programme under which Babcock has bought back 7,753,621 shares since 24 July 2025 at a total cost of just over £86.1 million, leaving 5,950,661 shares held in treasury and 499,645,936 ordinary shares in issue, a capital management move that modestly reduces the free float and can enhance earnings per share for remaining investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Buyback with Further £45m of Treasury Shares

Babcock International Group has continued its ongoing share buyback programme, repurchasing 35,966 ordinary shares on 22 December 2025 through J.P. Morgan Securities at an average price of 1,252.48 pence per share, with the shares to be held in treasury. Since 24 July 2025, the company has bought back a total of 7.75 million shares at a cost of about £86 million, bringing its treasury holding to 5.94 million shares and leaving 499.65 million shares in issue, a capital management move that marginally enhances earnings per share and signals sustained confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Adds to Treasury Stock with Latest Share Buyback

Babcock International Group PLC has continued its share buyback activity, purchasing 7,417 ordinary shares on 19 December 2025 through Jefferies International at prices between £12.33 and £12.55 per share, with a volume-weighted average price of £12.4319. The company will hold these shares in treasury, and since 24 July 2025 has repurchased a total of 7,710,248 shares at an aggregate cost of about £85.6 million, leaving 499,689,309 ordinary shares in issue excluding treasury; the ongoing buyback consolidates earnings per share and signals continued capital management discipline, with implications for existing shareholders’ proportional ownership and potential future returns.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock Continues Buyback with New Treasury Share Purchase

Babcock International Group has continued its share buyback programme, repurchasing 19,641 ordinary shares on 18 December 2025 through J.P. Morgan Securities at an average price of 1,212.6742 pence per share. The shares will be held in treasury, bringing total purchases since 24 July 2025 to 7,702,831 shares at a cost of about £85.5m and leaving 499,696,726 ordinary shares in issue excluding treasury, signalling ongoing capital management efforts that may support earnings per share and shareholder returns.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback Program

Babcock International Group PLC has announced the purchase of 40,212 of its ordinary shares, priced between 1,232.0000 and 1,250.0000 pence per share, as part of its ongoing share buyback program. This transaction, conducted through J.P. Morgan Securities plc, brings the total number of shares purchased since July 2025 to over 7.6 million, costing approximately £84.8 million. The company intends to hold these shares in treasury, which may impact its share capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Enhances Shareholder Value with Strategic Buyback

Babcock International Group PLC has announced the purchase of 41,609 of its ordinary shares through J.P. Morgan Securities plc, with plans to hold these shares in treasury. This transaction is part of a broader buyback program initiated by the company, which has seen the acquisition of over 7.6 million shares since July 2025, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1600.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback Strategy

Babcock International Group PLC announced the purchase of 15 of its own ordinary shares at a volume-weighted average price of £11.9533 per share, intending to hold these shares in treasury. This transaction is part of a broader share buyback strategy, with the company having acquired over 7.5 million shares since July 2025, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1243.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback Program

Babcock International Group PLC has announced the repurchase of 41,722 of its ordinary shares, executed through J.P. Morgan Securities plc, at an average price of 1,172.4043 pence per share. This transaction is part of the company’s ongoing share buyback program, which has seen the purchase of over 7.5 million shares since July 2025, amounting to a total expenditure of £83.8 million. The repurchased shares will be held in treasury, and the move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1243.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Announces Internal Share Transfer

Babcock International Group PLC announced a transaction involving the transfer of 34,218 ordinary shares from Jack Borrett, the Group Company Secretary & General Counsel, to his spouse, Rosemary Parratt, for nil consideration. This transaction, conducted outside a trading venue, reflects internal shareholding adjustments and does not involve any financial exchange, indicating a personal reallocation of shares rather than a market-driven action.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1243.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Enhances Treasury Holdings with Share Buyback

Babcock International Group PLC announced the purchase of 597 of its own shares at an average price of £11.5385 per share, with the highest price being £11.6700 and the lowest £11.4700. The company intends to hold these shares in treasury, which is part of a broader strategy that has seen the purchase of over 7.5 million shares since July 2025. This move reflects Babcock’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Hold with a £1243.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Executes Share Buyback Program

Babcock International Group PLC announced the repurchase of 43,720 of its ordinary shares, with the transaction executed through J.P. Morgan Securities plc. This buyback is part of the company’s ongoing strategy to manage its capital structure, holding the purchased shares in treasury. Since July 2025, Babcock has repurchased over 7.5 million shares, reflecting a significant investment in its own equity, which may enhance shareholder value and indicate confidence in its financial health.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Buys Back Shares to Bolster Market Position

Babcock International Group PLC has announced the purchase of 2,706 of its ordinary shares at a volume-weighted average price of £11.2773 per share, with the highest price being £11.3700 and the lowest £11.1800. The company intends to hold these shares in treasury, which is part of a broader strategy that has seen them acquire 7,474,752 shares since July 2025 at a total cost of £82,761,552.89. This move is likely aimed at consolidating its share value and enhancing shareholder returns, reflecting a strategic financial maneuver to strengthen its market position.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Enhances Shareholder Value with Strategic Buyback

Babcock International Group PLC announced the purchase of 45,247 of its own ordinary shares at an average price of 1,111.6373 pence per share, intending to hold these shares in treasury. This transaction is part of a broader share buyback program that has seen the company acquire over 7.4 million shares since July 2025, reflecting its strategy to optimize capital structure and potentially enhance shareholder value. The move may impact the company’s market positioning by signaling confidence in its financial health and future prospects, thereby potentially influencing investor sentiment.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Enhances Shareholder Value with Strategic Share Buyback

Babcock International Group PLC announced a transaction involving the purchase of 6,295 of its own ordinary shares at an average price of £11.1142 per share. This move is part of a broader strategy, as the company has been actively buying back shares since July 2025, totaling over 7.4 million shares at a cost exceeding £82 million. The purchased shares will be held in treasury, which can impact the company’s financial flexibility and shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Announces Total Voting Rights for November 2025

Babcock International Group PLC has announced its total voting rights as of November 30, 2025, in accordance with the Financial Conduct Authority’s rules. The company’s issued share capital consists of 505,596,597 shares, with 5,617,544 held in Treasury, resulting in 499,979,053 voting rights. This information is crucial for shareholders to determine their notification requirements regarding their interests in the company.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Advances Share Buyback Program

Babcock International Group PLC has announced the purchase of 44,283 of its ordinary shares, priced between 1,121.0000 and 1,147.0000 pence, as part of its ongoing share buyback program. This transaction, executed through J.P. Morgan Securities plc, reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by holding the shares in treasury.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Expands Share Buyback Program

Babcock International Group PLC announced the purchase of 2,248 of its ordinary shares at an average price of £11.2821 per share, intending to hold these shares in treasury. This transaction is part of a broader share buyback program initiated on 24 July 2025, during which the company has acquired over 7.3 million shares, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Announces Share Buyback

Babcock International Group PLC has announced the repurchase of 44,286 of its ordinary shares, with plans to hold them in treasury. This transaction is part of a broader buyback program that has seen the company repurchase over 7.3 million shares since July 2025, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1280.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback Strategy

Babcock International Group PLC announced the purchase of 6,938 of its ordinary shares at an average price of £11.1247 per share, intending to hold them in treasury. This transaction is part of a broader buyback strategy, with the company having repurchased over 7 million shares since July 2025, indicating a focus on enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1400.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Continues Share Buyback Program

Babcock International Group PLC announced the repurchase of 43,555 of its ordinary shares at an average price of 1,134.5735 pence per share, as part of its ongoing buyback program. This transaction reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury, reducing the number of shares in circulation.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1400.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Executes Strategic Share Buyback

Babcock International Group PLC announced a recent transaction involving the repurchase of 3,522 of its ordinary shares at an average price of £10.9932 per share. This move is part of a broader strategy, as the company has acquired over 7 million shares since July 2025, aiming to hold these shares in treasury. This buyback reflects Babcock’s ongoing efforts to manage its capital structure and potentially enhance shareholder value, indicating a strategic focus on financial optimization.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1400.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Advances Share Buyback Program

Babcock International Group PLC has announced the repurchase of 43,668 of its ordinary shares, priced between 1,120 and 1,147 pence per share, with an average price of 1,138.2486 pence. This transaction is part of the company’s ongoing share buyback program, which has seen the acquisition of over 7 million shares since July 2025. The repurchased shares will be held in treasury, reducing the number of shares in circulation and potentially enhancing shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1200.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Achieves Strong H1 FY26 Performance with Growth in Nuclear and Marine Divisions

Babcock International reported a strong performance for the first half of FY26, with a 7% increase in revenue to £2,538.6 million and a 27% rise in statutory operating profit. The company achieved significant growth in its Nuclear and Marine divisions, contributing to a 19% increase in underlying operating profit and a 90 basis point rise in operating margin to 7.9%. Babcock’s strategic initiatives, including the completion of the first Type 31 frigate and securing new defense contracts, position it for continued growth. The company maintains a strong balance sheet, reducing net debt and executing a share buyback program, while pursuing organic and inorganic growth opportunities.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1200.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Executes Strategic Share Buyback

Babcock International Group PLC announced the purchase of 124,043 of its ordinary shares at an average price of £11.2199 per share, intending to hold these shares in treasury. This transaction is part of a broader share buyback program initiated on 24 July 2025, which has seen the company repurchase over 7 million shares, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1200.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Advances Share Buyback Program

Babcock International Group PLC announced the purchase of 42,700 of its ordinary shares at an average price of 1,152.6825 pence per share, as part of its ongoing share buyback program. This transaction reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares in circulation and holding them in treasury. Since July 2025, Babcock has acquired over 7 million shares, indicating a significant commitment to this financial strategy.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1200.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.

Babcock International Executes Strategic Share Buyback

Babcock International Group PLC announced the purchase of 124,531 of its ordinary shares at an average price of £11.7434 per share, which will be held in treasury. This transaction is part of a broader buyback strategy, with the company having acquired over 7 million shares since July 2025, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BAB) stock is a Buy with a £1400.00 price target. To see the full list of analyst forecasts on Babcock International stock, see the GB:BAB Stock Forecast page.