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The Berkeley Group Holdings (GB:BKG)
:BKG
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The Berkeley Group Holdings (BKG) AI Stock Analysis

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GB:BKG

The Berkeley Group Holdings

(LSE:BKG)

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Neutral 68 (OpenAI - 4o)
Rating:68Neutral
Price Target:
4,109.00p
â–²(3.92% Upside)
The overall stock score is primarily influenced by strong valuation metrics, indicating the stock is undervalued with a high dividend yield. However, technical indicators suggest bearish momentum, and financial performance highlights challenges in revenue growth and cash flow generation. These factors combined result in a moderate stock score.
Positive Factors
Balance Sheet Health
A low debt-to-equity ratio indicates conservative leverage, enhancing financial stability and flexibility for future investments.
Profitability
Strong profit margins demonstrate effective cost management and pricing power, supporting long-term financial health and shareholder returns.
Cash Generation Ability
A high free cash flow to net income ratio indicates efficient cash generation, providing resources for reinvestment and dividend payments.
Negative Factors
Revenue Growth Challenges
Declining revenue growth can hinder the company's ability to expand its market position and invest in new projects, impacting long-term growth prospects.
Cash Flow Challenges
A decline in free cash flow growth suggests potential difficulties in funding operations and investments, which could affect future profitability.
Earnings Decline
A decline in earnings per share growth indicates potential challenges in maintaining profitability, which could affect investor confidence and stock performance.

The Berkeley Group Holdings (BKG) vs. iShares MSCI United Kingdom ETF (EWC)

The Berkeley Group Holdings Business Overview & Revenue Model

Company DescriptionThe Berkeley Group Holdings (BKG) is a leading UK property development company focused on residential and mixed-use developments. Established in 1976, the company operates primarily in London and the South of England, delivering high-quality homes and sustainable communities. Berkeley is known for its expertise in urban regeneration, creating vibrant neighborhoods that incorporate commercial, leisure, and community spaces alongside residential units. The company emphasizes design quality, sustainability, and customer satisfaction in its projects.
How the Company Makes MoneyThe Berkeley Group generates revenue primarily through the sale of residential properties, including houses and apartments, which are developed on land acquired through various means such as direct purchases or partnerships with landowners. The company also earns income from commercial developments and the provision of related services, including planning consultancy and project management. Significant partnerships with local authorities and other stakeholders enable Berkeley to engage in large-scale regeneration projects, which can provide substantial profit margins. Additionally, the company has a strategy of investing in long-term land holdings, allowing it to capitalize on rising land values over time, and it often employs a mix of private and affordable housing to diversify its revenue streams.

The Berkeley Group Holdings Financial Statement Overview

Summary
The Berkeley Group Holdings demonstrates strong profitability and a solid balance sheet, with effective cost management and conservative leverage. However, challenges in revenue growth and cash flow generation could impact future financial flexibility.
Income Statement
75
Positive
The Berkeley Group Holdings has shown a slight decline in revenue over the past year, with a revenue growth rate of -2.54%. Despite this, the company maintains strong profitability with a gross profit margin of 26.56% and a net profit margin of 15.36%. The EBIT and EBITDA margins are also healthy at 22.44% and 22.59%, respectively. The company has managed to maintain stable margins despite the revenue decline, indicating effective cost management.
Balance Sheet
80
Positive
The company has a solid balance sheet with a low debt-to-equity ratio of 0.19, indicating conservative leverage. The return on equity is reasonable at 10.73%, reflecting efficient use of equity capital. The equity ratio is robust, suggesting a strong capital structure and financial stability.
Cash Flow
65
Positive
The cash flow statement reveals challenges in cash generation, with a significant decline in free cash flow growth at -43.55%. The operating cash flow to net income ratio is low at 0.11, indicating potential issues in converting income into cash. However, the free cash flow to net income ratio remains high at 0.99, suggesting that the company is still generating cash relative to its net income.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.49B2.49B2.46B2.55B2.35B2.20B
Gross Profit660.30M660.30M644.50M696.80M664.80M635.30M
EBITDA501.60M561.70M591.30M547.00M569.20M531.70M
Net Income382.00M382.00M397.60M465.70M482.40M422.70M
Balance Sheet
Total Assets6.69B6.69B7.00B6.86B6.59B5.55B
Cash, Cash Equivalents and Short-Term Investments1.02B1.02B1.19B1.07B928.90M1.43B
Total Debt682.20M682.20M664.40M665.10M665.90M303.20M
Total Liabilities3.13B3.13B3.44B3.53B3.45B2.38B
Stockholders Equity3.56B3.56B3.56B3.33B3.14B3.18B
Cash Flow
Free Cash Flow192.10M192.10M232.00M408.50M-130.80M329.30M
Operating Cash Flow193.10M193.10M233.40M410.50M-129.50M331.70M
Investing Cash Flow-4.65M-4.00M60.90M-12.80M-27.70M-6.60M
Financing Cash Flow-485.10M-365.90M-172.70M-256.20M-342.10M-535.80M

The Berkeley Group Holdings Technical Analysis

Technical Analysis Sentiment
Negative
Last Price3954.00
Price Trends
50DMA
3913.84
Negative
100DMA
3792.62
Negative
200DMA
3840.33
Negative
Market Momentum
MACD
-74.22
Positive
RSI
40.02
Neutral
STOCH
19.53
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BKG, the sentiment is Negative. The current price of 3954 is above the 20-day moving average (MA) of 3836.70, above the 50-day MA of 3913.84, and above the 200-day MA of 3840.33, indicating a bearish trend. The MACD of -74.22 indicates Positive momentum. The RSI at 40.02 is Neutral, neither overbought nor oversold. The STOCH value of 19.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:BKG.

The Berkeley Group Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
£4.30B16.717.44%4.46%16.74%-0.16%
68
Neutral
£3.57B9.8910.73%6.64%0.90%-4.04%
66
Neutral
£5.27B27.392.80%4.68%33.83%15.11%
65
Neutral
£3.71B43.711.97%9.15%4.21%-65.57%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
60
Neutral
£3.13B19.994.49%2.58%16.91%20.93%
60
Neutral
£2.02B-207.50-0.31%―-0.57%-104.08%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:BKG
The Berkeley Group Holdings
3,728.00
-352.21
-8.63%
GB:BTRW
Barratt Redrow
376.00
-39.37
-9.48%
GB:BWY
Bellway
2,708.00
236.51
9.57%
GB:VTY
Vistry Group
655.00
-14.50
-2.17%
GB:PSN
Persimmon
1,344.00
115.22
9.38%
GB:TW
Taylor Wimpey
101.95
-15.61
-13.28%

The Berkeley Group Holdings Corporate Events

Regulatory Filings and Compliance
Berkeley Group Updates Share Capital and Voting Rights
Neutral
Nov 3, 2025

The Berkeley Group Holdings plc announced that as of 31 October 2025, its total issued share capital consisted of 103,822,846 Ordinary Shares, with 8,105,936 shares held in Treasury. This results in a total of 95,716,910 voting rights, which shareholders can use to determine their notification requirements under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4767.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Other
Berkeley Group Announces Internal Share Transfer
Neutral
Oct 24, 2025

The Berkeley Group Holdings plc announced a transaction involving the transfer of a non-beneficial interest in Ordinary Shares from Robert Perrins, as co-executor of the Estate of Mr A W Pidgley, to Jessica Sarah Pidgley. This transaction does not affect Mr. Perrins’ beneficial holding and reflects internal estate management rather than a strategic business move, indicating stability in the company’s leadership and operations.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4767.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Berkeley Group Announces New Director Appointment
Positive
Oct 22, 2025

The Berkeley Group Holdings plc announced the appointment of Andy Kemp as an Independent Non-Executive Director of Spirax Group plc, effective from 1 November 2025. This move is part of the company’s ongoing governance and leadership strategy, potentially enhancing its industry positioning and stakeholder confidence.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Cancels 39,544 Shares Following Buyback
Neutral
Oct 6, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 39,544 of its ordinary shares on 6 October 2025, as authorized by shareholders. This transaction, executed through Barclays Bank plc, affects the company’s share count, now totaling 95,716,910 shares in issue, and is significant for stakeholders monitoring share interest under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Executes Share Buyback and Cancellation
Neutral
Oct 3, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 40,000 of its ordinary shares on 3 October 2025, as part of a shareholder-approved buyback program. This transaction, executed through Barclays Bank plc, reduces the total number of shares in issue to 95,756,454, impacting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Regulatory Filings and Compliance
Berkeley Group Updates Share Capital and Voting Rights
Neutral
Oct 1, 2025

The Berkeley Group Holdings plc has announced its total issued share capital as of 30 September 2025, which consists of 103,902,390 ordinary shares, with 8,105,936 shares held in treasury. Consequently, the total number of voting rights in the company is 95,796,454, a figure that shareholders can use to assess their interests in accordance with the FCA’s Disclosure and Transparency Rules. This update is crucial for stakeholders to understand their voting power and any potential changes in their shareholding interests.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Berkeley Group Announces Share Option Vesting for Directors
Neutral
Sep 30, 2025

The Berkeley Group Holdings plc announced that options to acquire shares under the 2011 Long Term Incentive Plan (LTIP) have vested, allowing directors to exercise their options at a price of £5.303 per share. This transaction resulted in the transfer of shares to directors and their spouses, impacting the beneficial shareholdings of key figures like Chair Robert Perrins and CEO Richard Stearn. The announcement reflects the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially influencing stakeholder confidence and market perception.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Other
Berkeley Group Announces Insider Share Purchase
Positive
Sep 30, 2025

The Berkeley Group Holdings plc announced a transaction involving the purchase of ordinary shares by Jane Eady, who is closely associated with Neil Eady, the company’s Chief Financial Officer. This transaction, conducted on the London Stock Exchange, reflects internal confidence in the company’s performance and may influence stakeholders’ perceptions of its financial health.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £49.65 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Berkeley Group Appoints Neil Eady as New CFO
Positive
Sep 29, 2025

The Berkeley Group Holdings plc has appointed Neil Eady as its new Chief Financial Officer, effective immediately. Eady, who has been with Berkeley since 2013, brings extensive experience from his previous roles within the company and the broader property sector, making him well-suited for the position. This appointment reflects Berkeley’s commitment to leveraging internal talent and maintaining strong leadership to support its strategic goals.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4146.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Berkeley Group Appoints Neil Eady as New CFO
Positive
Sep 29, 2025

The Berkeley Group Holdings plc has appointed Neil Eady as its new Chief Financial Officer, effective immediately. Eady, who has been with Berkeley since 2013, brings extensive experience from his previous roles within the company and the property sector, making him a well-suited choice for the position. This appointment highlights Berkeley’s internal talent development and strengthens its leadership team, potentially enhancing its strategic operations and stakeholder confidence.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4146.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Executes Share Buyback and Cancellation
Neutral
Sep 24, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 40,000 of its ordinary shares, executed through Barclays Bank plc. This transaction, conducted under the authority granted at the recent Annual General Meeting, reduces the company’s total shares in issue to 95,796,454. The move is part of the company’s ongoing strategy to manage its share capital effectively, potentially enhancing shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £3900.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Executes Share Buyback and Cancellation
Neutral
Sep 19, 2025

The Berkeley Group Holdings plc has announced the repurchase and cancellation of 45,000 of its ordinary shares, executed through Barclays Bank plc, as per the authority granted by its shareholders. This transaction, conducted on 19 September 2025, reflects the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value, reducing the total number of shares in issue to 95,836,454.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £3900.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Enhances Shareholder Value with Share Buyback
Positive
Sep 11, 2025

The Berkeley Group Holdings announced the purchase and cancellation of 44,152 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Barclays Bank, reflects the company’s strategic focus on enhancing shareholder value by reducing the number of shares in circulation, which can positively impact earnings per share and overall market perception.

The most recent analyst rating on (GB:BKG) stock is a Hold with a £3900.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyShareholder Meetings
Berkeley Group Announces Successful AGM Results and Shareholder Engagement Plans
Positive
Sep 5, 2025

The Berkeley Group Holdings plc announced the results of its 2025 Annual General Meeting, where all resolutions were passed with significant shareholder support. Notably, the approval of the new Remuneration Policy and the Performance Share Plan received majority votes, reflecting the company’s commitment to aligning its strategic objectives with shareholder interests. The company plans to continue engaging with shareholders to refine its remuneration strategies and will provide updates on further feedback within six months.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Berkeley Group Reports Stable Trading and Strategic Progress Amidst Market Challenges
Positive
Sep 5, 2025

Berkeley Group Holdings has reported stable trading for the first four months of the financial year, maintaining its pre-tax earnings guidance of £450 million for the full year ending April 2026. The company has completed its 2011 Shareholder Returns programme and initiated the Berkeley 2035 strategy, with a target of £2.0 billion in shareholder returns by 2035. Despite challenges in the London housing market, Berkeley remains confident in its flexible capital allocation model and its potential to drive long-term shareholder value through strategic investments and collaborations with the government to address regulatory and viability challenges.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Cancels 40,000 Shares in Strategic Buyback
Neutral
Sep 2, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 40,000 ordinary shares on 2 September 2025, as part of its ongoing share buyback program. This transaction, executed through Barclays Bank plc, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following this cancellation, the total number of shares in issue is 95,725,606, which is relevant for shareholders in terms of disclosure requirements.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Executes Share Buyback, Cancelling 45,000 Shares
Neutral
Sep 1, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 45,000 of its ordinary shares on 1 September 2025, as part of a shareholder-approved buyback program. This transaction, executed through Barclays Bank plc, reduces the total number of shares in issue to 95,765,606, impacting shareholder notifications under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Updates on Share Capital and Voting Rights
Neutral
Sep 1, 2025

The Berkeley Group Holdings plc announced that as of August 29, 2025, its total issued share capital consisted of 104,201,138 ordinary shares, with 8,305,936 held in treasury. This results in a total of 95,895,202 voting rights, which shareholders can use to determine their interest in the company under FCA rules. The announcement includes 84,596 shares purchased for cancellation, indicating ongoing capital management efforts, which may impact shareholder value and company operations.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Reduces Share Count with Recent Buyback
Positive
Aug 29, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 40,000 of its ordinary shares, executed through Barclays Bank plc. This transaction, conducted under the authority granted by shareholders, reduces the total number of shares in issue to 95,810,606. The cancellation of shares is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Cancels 44,596 Shares Following Recent Buyback
Neutral
Aug 28, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 44,596 of its ordinary shares on 28 August 2025. This transaction, executed through Barclays Bank plc, was conducted under the authority granted by shareholders at the 2024 Annual General Meeting. The cancellation of these shares reduces the total number of shares in issue to 95,850,606, impacting shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4091.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock BuybackShareholder Meetings
Berkeley Group Cancels 49,663 Shares Following Shareholder Approval
Neutral
Aug 27, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 49,663 of its ordinary shares on 27 August 2025, as authorized by shareholders at the previous year’s Annual General Meeting. This move reduces the total number of shares in issue to 95,895,202, which is significant for shareholders in terms of determining their interests under regulatory guidelines.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4266.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Cancels 50,000 Shares in Buyback Move
Neutral
Aug 26, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 50,000 of its ordinary shares on 26 August 2025, as part of a buyback program authorized by shareholders. This move reduces the total number of shares in issue to 95,944,865, which could impact shareholder calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4266.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Stock Buyback
Berkeley Group Reduces Share Count with Recent Buyback
Neutral
Aug 22, 2025

The Berkeley Group Holdings announced the purchase and cancellation of 45,000 of its ordinary shares on 22 August 2025, as per the authority granted by shareholders. This move reduces the total number of shares in issue to 95,994,865, impacting shareholders’ interest calculations under the Financial Conduct Authority’s rules.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4157.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Business Operations and StrategyStock Buyback
Berkeley Group Cancels 70,000 Shares in Strategic Buyback
Neutral
Aug 21, 2025

The Berkeley Group Holdings plc announced the purchase and cancellation of 70,000 of its ordinary shares on 21 August 2025. This transaction, conducted through Barclays Bank plc, reflects the company’s ongoing strategy to manage its share capital effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:BKG) stock is a Buy with a £4157.00 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 21, 2025