tiprankstipranks
Trending News
More News >
Drax Group PLC (GB:DRX)
LSE:DRX

Drax Group plc (DRX) AI Stock Analysis

Compare
123 Followers

Top Page

GB:DRX

Drax Group plc

(LSE:DRX)

Select Model
Select Model
Select Model
Outperform 79 (OpenAI - 5.2)
Rating:79Outperform
Price Target:
1,032.00p
â–²(14.54% Upside)
Drax Group plc's strong financial performance, particularly in cash generation and profitability, along with positive technical indicators and a favorable valuation, contribute significantly to its overall score. The company's strategic initiatives, including share buybacks and government agreements, further bolster its market position. However, challenges in revenue growth and market dynamics in the pellet sector pose risks that need careful management.
Positive Factors
Strong cash generation
Sustained growth in operating cash flow and free cash flow strengthens the firm's ability to fund capex, pay dividends, buy back shares, and reduce debt without relying on external financing, supporting long-term financial flexibility and investment capacity.
Low‑carbon CfD providing revenue visibility
A long‑dated CfD materially increases predictable revenue and EBITDA visibility for core generation assets, de‑risking cash flows, enabling multi‑year planning and capital allocation toward low‑carbon projects and supporting shareholder returns over the medium term.
Vertical integration in pellet production
Growing in‑house pellet output supports margin retention by capturing upstream value, securing feedstock for generation and contracts, and improving EBITDA contribution from pellets, strengthening competitive position against external pellet supply volatility.
Negative Factors
Weak revenue trajectory
A notable decline in reported revenue signals structural demand or pricing pressure that can erode scale economics and limit ability to sustain margins. Persistently negative top‑line trends constrain reinvestment capacity and heighten reliance on cost cuts or asset sales.
Pellet market oversupply risk
A structurally long pellet market can depress realized prices and margins for Drax's pellet segment, undermining a key vertically integrated profit pool and increasing volatility in EBITDA from what the company currently cites as a growth contributor.
Moderate financial leverage and equity pressure
Moderate reliance on debt and a pressured equity ratio reduce balance sheet optionality. If cash flows weaken or capex needs rise, leverage limits could constrain M&A, renewables investment, or shareholder returns and increase refinancing vulnerability.

Drax Group plc (DRX) vs. iShares MSCI United Kingdom ETF (EWC)

Drax Group plc Business Overview & Revenue Model

Company DescriptionDrax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through three segments: Generation, Customers, and Pellet Production. The Generation segment provides renewable, dispatchable power, and system support services to the electricity grid. The Customers segment offers non-generation system support and energy management services. The Pellet Production segment provides low carbon fuel. The company owns and operates Drax Power Station with an installed capacity of 2,000 megawatts (MW) located in Selby, North Yorkshire; Cruachan Power Station, a pumped hydro storage station, with an installed capacity of 440 MW located in Argyll and Bute, and Lanark and Galloway hydro-electric power stations with an installed capacity of 126 MW located in southwest Scotland. In addition, the company owns and operates Daldowie fuel plant that processes sludge, a plant that converts it into dry low-odour fuel pellets. Further, it manufactures and sells compressed wood pellets; and supplies renewable electricity. Drax Group plc was incorporated in 2005 and is based in Selby, the United Kingdom.
How the Company Makes MoneyDrax Group generates revenue primarily through the sale of electricity produced from its power generation facilities. The transition to biomass has allowed Drax to benefit from government incentives and subsidies aimed at promoting renewable energy. Key revenue streams include wholesale electricity sales in the UK market, capacity payments for being available to supply power when needed, and ancillary services that support grid stability. The company also engages in long-term contracts and partnerships with other energy providers and businesses, which provide a stable income. Furthermore, Drax's focus on energy services and consultancy adds to its revenue, helping businesses optimize their energy use and reduce costs.

Drax Group plc Earnings Call Summary

Earnings Call Date:Jul 31, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Feb 26, 2026
Earnings Call Sentiment Positive
The earnings call reflects a strong operational and financial performance with significant progress on government agreements, substantial shareholder returns, and future growth opportunities. Challenges remain with reduced biomass earnings, potential pellet market oversupply, and project delays.
Q2-2025 Updates
Positive Updates
Strong Performance in Renewable Power and Pellet Production
The company delivered a strong performance in the first half of the year, producing more power than last year and accounting for 5% of U.K. power and 11% of U.K. renewables. Record level of pellet production increased by 5% from last year, driving increased EBITDA in the pellet business.
Significant Progress on Low-Carbon Dispatchable CfD
Agreement with the U.K. government for a low-carbon dispatchable CfD covering all 4 units at Drax Power Station through March 2031. Legislation enabling this agreement is now in place, with the CMA's review of the subsidy regime complete.
Strong Financial Performance and Shareholder Returns
Adjusted EBITDA of GBP 460 million with an 11.5% increase in dividends per share for 2025. Share buyback program extended by GBP 450 million over three years.
Future Growth and Investment Opportunities
Plans to invest in expanding the pump storage assets, exploring battery storage, and exploring data center opportunities with a 100-megawatt development potential.
Negative Updates
Reduction in Biomass Generation Earnings
Earnings reduced to GBP 332 million primarily due to a lower all-in achieved power price, partially offset by a reduction in amounts due for the energy generators levy.
Challenges in Pellet Market
Future market expected to be long on pellets with a potential oversupply, creating risks for pellet production business.
Delay in Open Cycle Gas Turbine (OCGT) Assets
Commissioning of the first OCGT asset delayed to the end of the year, with further delays for the Millbrook project to 2026.
Company Guidance
In the recent call, the company provided an extensive overview of its financial performance and strategic outlook, highlighting key metrics for guidance. The company maintained its target of GBP 600 million to GBP 700 million in EBITDA from its FlexGen, Pellet Production, and Drax Power Station operations post-2027. It reported a record level of pellet production, up 5% from the previous year, contributing to increased EBITDA in its pellet business. The company's adjusted EBITDA for the first half was GBP 460 million, despite a decrease in the all-in achieved power price for biomass generation. The firm is pursuing a three-year, GBP 450 million share buyback program, supported by a working capital inflow related to the end of the renewable obligation scheme. Additionally, the company is enhancing its dividend by 11.5% for 2025 and has completed GBP 272 million of the current GBP 300 million share buyback program. The company's leverage stands at 1.1x, significantly below its long-term target of around 2x. Looking forward, the company continues to progress its low-carbon dispatchable CfD agreement with the UK government, which will cover all four units at the Drax Power Station until 2031, potentially contributing GBP 100 million to GBP 200 million of EBITDA annually. It also plans to invest in expanding its Cruachan hydroelectric facility and building new open cycle gas turbines, further supporting its strategic alignment with the energy transition.

Drax Group plc Financial Statement Overview

Summary
Drax Group plc shows strong cash generation and improving profitability, with consistent growth in cash flow from operations and a robust free cash flow to net income ratio. However, challenges exist in maintaining revenue growth and managing leverage effectively.
Income Statement
75
Positive
Over recent years, Drax Group plc has shown a strong gross profit margin, maintaining a significant improvement from 2019 to 2024, indicating effective cost management. However, the net profit margin has been volatile, with a notable dip in 2020. Revenue growth has been inconsistent, with a decline in 2024 compared to 2023, suggesting potential market challenges or competitive pressures. The EBIT and EBITDA margins show a positive trend with some fluctuations, emphasizing operational efficiency improvements.
Balance Sheet
68
Positive
Drax Group's debt-to-equity ratio has been reasonably stable, but the company's equity ratio has experienced some pressure, reflecting a moderate level of financial leverage. The return on equity has improved significantly from 2020's negative figures to positive in recent years, indicating better profitability and use of equity. However, the equity ratio suggests a moderate reliance on debt financing, which could pose risks if not managed well.
Cash Flow
82
Very Positive
The company's cash flow from operations has shown consistent growth, with a robust free cash flow to net income ratio in recent years, demonstrating strong cash generation capabilities. Free cash flow has also grown notably, especially from 2020 to 2024, indicating efficient capital expenditure management and potential for reinvestment or debt reduction.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue5.67B6.16B8.13B7.78B5.09B4.24B
Gross Profit1.52B1.88B1.78B1.02B891.20M725.70M
EBITDA902.40M1.10B1.14B400.10M391.50M4.50M
Net Income407.70M526.60M562.20M85.10M55.10M-194.60M
Balance Sheet
Total Assets5.27B5.39B6.04B6.39B5.82B4.19B
Cash, Cash Equivalents and Short-Term Investments276.00M356.00M379.50M238.00M317.40M289.80M
Total Debt1.30B1.29B1.56B1.59B1.49B1.10B
Total Liabilities3.27B3.30B4.06B5.07B4.52B2.85B
Stockholders Equity1.99B2.08B1.97B1.31B1.29B1.34B
Cash Flow
Free Cash Flow517.30M472.00M394.50M33.00M96.80M131.80M
Operating Cash Flow848.30M859.50M835.60M207.70M306.50M306.20M
Investing Cash Flow-338.60M-389.90M-451.80M-180.70M-228.80M-171.30M
Financing Cash Flow-469.70M-491.60M-237.90M-111.90M-50.40M-249.10M

Drax Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price901.00
Price Trends
50DMA
823.42
Positive
100DMA
765.25
Positive
200DMA
706.67
Positive
Market Momentum
MACD
21.72
Positive
RSI
62.09
Neutral
STOCH
70.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:DRX, the sentiment is Positive. The current price of 901 is above the 20-day moving average (MA) of 891.73, above the 50-day MA of 823.42, and above the 200-day MA of 706.67, indicating a bullish trend. The MACD of 21.72 indicates Positive momentum. The RSI at 62.09 is Neutral, neither overbought nor oversold. The STOCH value of 70.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:DRX.

Drax Group plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
£3.06B8.1219.64%2.78%-19.04%-34.52%
74
Outperform
£29.07B27.819.92%2.98%1.78%-50.72%
67
Neutral
£2.58B88.762.50%6.56%19.50%―
66
Neutral
£8.63B-38.58-5.95%2.86%-4.82%-123.58%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
58
Neutral
£22.05M-1.15-68.06%―-60.76%-230.39%
45
Neutral
£452.54M62.50-0.40%12.07%――
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:DRX
Drax Group plc
901.00
305.34
51.26%
GB:AMP
SIMEC Atlantis Energy
3.05
0.75
32.61%
GB:CNA
Centrica
190.95
52.63
38.05%
GB:PNN
Pennon Group plc
546.50
115.95
26.93%
GB:SSE
SSE
2,422.00
842.52
53.34%
GB:FGEN
Foresight Environmental Infrastructure Limited GBP
72.60
11.17
18.18%

Drax Group plc Corporate Events

Stock Buyback
Drax Buys Back More Shares, Cutting Free Float to 339.3 Million
Positive
Jan 30, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,300 ordinary shares on 29 January 2026 on the London Stock Exchange at prices ranging between 894.5p and 912.5p, at a volume-weighted average price of 906.1176p per share. Following these latest purchases, the company now has 432,240,650 ordinary shares in issue, of which 92,951,276 are held in treasury, leaving 339,289,374 voting shares in circulation; since the buyback began in July 2025, Drax has bought a total of 5,809,876 shares for treasury, a move that incrementally reduces the free float and can enhance earnings per share and capital returns for remaining shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1006.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and Strategy
Drax Signs Capital-Light Tolling Deal for 250MW Battery Storage at West Burton
Positive
Jan 30, 2026

Drax Group has signed its first tolling agreement for 250MW (500MWh) of battery energy storage capacity with Fidra Energy’s West Burton C project in England, further expanding its FlexGen portfolio. The 10-year, capital-light deal gives Drax full operational control and dispatch rights over the new BESS asset, with Fidra retaining construction and maintenance responsibilities, and is expected to generate returns significantly above Drax’s weighted average cost of capital. The arrangement, which depends on Fidra’s final investment decision by the third quarter of 2026 and targeted commercial operations in the second half of 2029, complements Drax’s recent acquisitions of Flexitricity and three BESS developments, reinforcing its positioning in flexible, low-carbon power and aligning with UK objectives on energy security and decarbonisation.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1006.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Expands Treasury Holdings as Share Buyback Programme Progresses
Positive
Jan 29, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,797 ordinary shares on 28 January 2026 via J.P. Morgan Securities at prices ranging from 906.5p to 916.0p, with a volume-weighted average price of 911.2822p. Following these transactions, Drax has 432,240,650 ordinary shares in issue, of which 92,880,976 are held in treasury, leaving 339,359,674 voting shares in circulation, and the company has now bought back a total of 5,739,576 shares into treasury since the programme began in July 2025, signalling an ongoing capital management strategy that reduces free float and may enhance earnings per share for remaining investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1020.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings to 5.7 Million Shares
Positive
Jan 28, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 70,181 ordinary shares on 27 January 2026 on the London Stock Exchange at prices ranging between 897.0p and 914.5p, with a volume-weighted average price of 906.6828p. Following this latest transaction, the company has 432,240,650 ordinary shares in issue, of which 92,812,179 are held in treasury, leaving 339,428,471 voting rights in circulation; in total, Drax has now bought back 5,670,779 shares into treasury since the programme began, a move that tightens the free float and may enhance earnings per share and capital returns for remaining shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1028.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings and Reducing Free Float
Positive
Jan 27, 2026

Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 71,279 ordinary shares on 26 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 894.1715 pence. Following this latest tranche, the company has 432,240,650 ordinary shares in issue of which 92,741,998 are held in treasury, leaving 339,498,652 voting rights in circulation, and it has bought back a total of 5,600,598 shares into treasury since the programme began in July 2025, a move that tightens the free float and may support earnings per share and capital return objectives for shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1001.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
Drax Adds to Buyback, Lifts Treasury Share Holdings and Tightens Free Float
Positive
Jan 26, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,484 ordinary shares on 23 January 2026 via J.P. Morgan Securities at prices between 890.0p and 898.5p, with a volume-weighted average of 894.9109p. Following this latest tranche, Drax has 432,240,650 ordinary shares in issue, of which 92,670,719 are held in treasury, leaving 339,569,931 voting shares in circulation, and has cumulatively bought back 5,529,319 shares into treasury since the programme began, a move that supports capital allocation to shareholders and marginally increases earnings per share and voting concentration for remaining investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1006.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Drax Buys More Shares Under Ongoing Buyback, Trimming Free Float
Positive
Jan 23, 2026

Drax Group plc has continued to execute its share buyback programme, repurchasing 63,364 ordinary shares on 22 January 2026 via J.P. Morgan Securities at a volume-weighted average price of 893.811 pence per share. Following this latest tranche, the company now has 432,240,650 ordinary shares in issue, of which 92,602,235 are held in treasury, leaving 339,638,415 shares carrying voting rights; since the buyback programme began on 31 July 2025, Drax has acquired a total of 5,460,835 shares for treasury, a move that gradually reduces the free float and can enhance earnings per share while requiring investors to update their calculations of ownership thresholds and disclosure obligations under UK market rules.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1001.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Buys Back More Shares, Reducing Free Float and Consolidating Capital
Positive
Jan 22, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 63,299 ordinary shares on 21 January 2026 via J.P. Morgan Securities at prices ranging from 877.0p to 894.5p, with a volume-weighted average price of 888.2575p. Following this latest transaction, Drax now has 432,240,650 ordinary shares in issue, of which 92,538,871 are held in treasury, leaving 339,701,779 voting shares in circulation; in total, the company has bought back 5,397,471 shares into treasury since the programme began, a move that reduces the free float and may enhance earnings per share and capital management flexibility for existing investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £996.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Buys Back More Shares, Reducing Free Float and Voting Stock
Positive
Jan 21, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,092 ordinary shares on 20 January 2026 on the London Stock Exchange at prices between 876.0p and 890.5p, with a volume-weighted average price of 881.8294p. Following this latest transaction, the company has 432,240,650 ordinary shares in issue, of which 92,475,572 are held in treasury, leaving 339,765,078 voting shares in circulation; in aggregate, Drax has bought back 5,334,172 shares into treasury since the programme began in July 2025, a move that tightens its free float and may support earnings per share and shareholder value over time.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £985.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyM&A Transactions
Drax to Acquire Flexitricity in £36m Deal to Boost Battery Storage and FlexGen Growth
Positive
Jan 21, 2026

Drax Group has agreed to acquire Flexitricity Limited, a UK-based optimiser of flexible energy assets, for £36 million, subject to regulatory approvals, with completion expected in the first quarter of 2026. Flexitricity, founded in 2004 and headquartered in Edinburgh, operates a proprietary AI- and machine learning-enabled platform that provides optimisation and route-to-market services for over 900MW of operational assets, including battery storage, gas peakers, renewables and demand-side response, and its roughly 85 employees will join Drax. The acquisition is expected to generate returns significantly above Drax’s cost of capital and will materially strengthen the Group’s FlexGen business by adding scalable technology and expertise to support its gigawatt-scale BESS growth plans and expand its capability to optimise both its own and third-party flexible energy assets, reinforcing Drax’s role in UK energy security and new energy services for customers.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £985.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Buys Back More Shares as Capital Return Programme Continues
Positive
Jan 20, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 61,669 ordinary shares on 19 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 899.6631 pence. Following this latest tranche, the company has 432,240,650 ordinary shares in issue, of which 92,413,480 are held in treasury, leaving 339,827,170 voting rights in circulation; in total, Drax has acquired 5,272,080 shares into treasury since the programme began in July 2025, signalling ongoing efforts to return capital to shareholders and manage its capital structure.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1004.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Buys Back More Shares, Reducing Free Float and Clarifying Voting Rights
Positive
Jan 19, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,163 ordinary shares on 16 January 2026 via J.P. Morgan Securities at prices between 899.0p and 908.5p, with a volume-weighted average price of 902.8286p per share. Following this latest transaction, Drax has 432,240,650 ordinary shares in issue, of which 92,351,811 are held in treasury, leaving 339,888,839 voting shares outstanding; in aggregate since the launch of the programme in July 2025, the company has bought back 5,210,411 shares into treasury, a move that reduces the free float and can enhance earnings per share while providing shareholders with a clear view of the current voting rights base for regulatory disclosure purposes.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1012.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Buys Back More Shares, Reducing Free Float and Consolidating Capital
Positive
Jan 16, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 62,800 ordinary shares on 15 January 2026 via J.P. Morgan Securities at a volume-weighted average price of 899.569 pence. Following this latest tranche, the company now has 432,209,059 ordinary shares in issue, of which 92,289,648 are held in treasury, leaving 339,919,411 voting shares in the market, and bringing total purchases under the programme since July 2025 to 5,148,248 shares, a move that tightens the free float and may enhance earnings per share and capital returns for remaining investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £1007.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Continues Share Buyback, Lifting Treasury Holdings and Reducing Free Float
Positive
Jan 15, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 64,178 ordinary shares on 14 January 2026 on the London Stock Exchange at prices ranging between 883.5p and 894.5p per share, with a volume-weighted average price of 888.9882p. Following this latest transaction, the company has 432,209,059 ordinary shares in issue, of which 92,226,848 are held in treasury, leaving 339,982,211 voting rights in circulation, and it has now acquired a total of 5,085,448 shares into treasury since the programme began, slightly enhancing remaining shareholders’ proportional stakes and tightening the free float.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £982.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Tightening Free Float and Boosting Capital Returns
Positive
Jan 13, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 61,478 ordinary shares on 12 January 2026 on the London Stock Exchange at prices between 885.0p and 895.5p, with a volume-weighted average price of 889.7024p. Following this transaction, the company has 432,209,059 ordinary shares in issue, of which 92,098,666 are held in treasury, leaving 340,110,393 voting shares in circulation; since the launch of the programme in July 2025, Drax has bought back a total of 4,957,266 shares for treasury, signalling an ongoing commitment to capital returns and a tighter share base for existing investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £11.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock BuybackFinancial Disclosures
Drax Continues Share Buyback, Lifts Treasury Holdings to Nearly 92 Million Shares
Positive
Jan 13, 2026

Drax Group plc has repurchased 61,478 of its ordinary shares on the London Stock Exchange under its ongoing share buyback programme, paying prices between 885.0p and 895.5p per share, with a volume-weighted average of 889.7024p. Following this latest transaction, Drax now has 432,209,059 ordinary shares in issue, of which 92,098,666 are held in treasury and 340,110,393 carry voting rights, and the group has bought back a total of 4,957,266 shares into treasury since launching the programme in July 2025, incrementally boosting earnings per share and returning capital to investors while modestly increasing the ownership concentration of remaining shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £11.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings and Trims Voting Share Count
Positive
Jan 12, 2026

Drax Group plc has continued executing its previously announced share buyback programme, repurchasing 63,500 ordinary shares on 9 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 890.3963 pence. Following this latest transaction, the company has 432,209,059 ordinary shares in issue, of which 92,037,188 are held in treasury, leaving 340,171,871 voting rights outstanding; since the start of the programme in July 2025, Drax has bought back a total of 4,895,788 shares for treasury, underscoring an ongoing capital management strategy that reduces free float and can enhance earnings per share for remaining shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £11.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings to Nearly 92 Million Shares
Positive
Jan 9, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 64,176 ordinary shares on 8 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 887.4286 pence per share. Following this latest tranche, the company has 432,209,059 ordinary shares in issue, of which 91,973,688 are held in treasury, leaving 340,235,371 voting shares outstanding, and has cumulatively bought back 4,832,288 shares into treasury under the programme, a move that adjusts its capital structure and may influence shareholder returns and voting dynamics.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Shareholding and Trims Free Float
Positive
Jan 6, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, purchasing 53,752 ordinary shares on 5 January 2026 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of 848.6524 pence. Following this latest transaction, Drax has 432,171,763 ordinary shares in issue, of which 91,909,512 are held in treasury, leaving 340,262,251 voting shares in circulation; in total, 4,768,112 shares have been repurchased for treasury since the programme began in July 2025, incrementally reducing the free float and potentially enhancing earnings per share and capital returns for remaining investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Continues Share Buyback, Lifts Treasury Holdings to 91.9 Million Shares
Positive
Jan 5, 2026

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,355 ordinary shares on 2 January 2026 on the London Stock Exchange via J.P. Morgan Securities at prices between 835p and 850p, with a volume-weighted average of 844.1857p. Following this latest transaction, Drax has 432,171,763 ordinary shares in issue of which 91,855,760 are held in treasury, leaving 340,316,003 voting shares in circulation, and the company has now acquired a total of 4,714,360 shares for treasury since the programme began in July 2025, a move that effectively returns capital to shareholders and incrementally enhances earnings and voting power per remaining share.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Regulatory Filings and Compliance
Drax Updates Market on Total Voting Rights and Share Capital
Neutral
Jan 2, 2026

Drax Group plc has reported that, as of 31 December 2025, its issued share capital comprised 432,171,763 ordinary shares, each carrying one vote, of which 91,788,405 are held in treasury and therefore do not carry voting rights. As a result, the total number of voting rights currently exercisable in the company stands at 340,383,358, a figure that shareholders and investors must use as the reference denominator when assessing and disclosing changes to their voting interests under UK financial disclosure rules.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Buys Back Further Shares as Capital Return Programme Progresses
Positive
Dec 24, 2025

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,673 ordinary shares on 23 December 2025 on the London Stock Exchange at prices ranging between 829p and 836p, with a volume-weighted average price of 833.2673p per share. Following this latest transaction, the company has 432,171,763 ordinary shares in issue, of which 91,788,405 are held in treasury, leaving 340,383,358 voting shares outstanding as at 23 December 2025; since the launch of the programme in July 2025, Drax has bought back a total of 4,647,005 shares for treasury, signalling ongoing efforts to return capital to shareholders and manage its capital structure.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Buys Back Further Shares, Reducing Free-Float Voting Stock
Positive
Dec 23, 2025

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 67,809 ordinary shares on 22 December 2025 on the London Stock Exchange at prices between 820.5p and 829.5p, with a volume‑weighted average price of 825.2210p. Following this latest tranche, Drax has 432,171,763 ordinary shares in issue, of which 91,720,732 are held in treasury, leaving 340,451,031 shares carrying voting rights, and the company has bought back a total of 4,579,332 shares into treasury since launching the programme on 31 July 2025, underscoring its ongoing capital-return strategy and altering the share base used by investors for calculating voting power and disclosure thresholds.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Tightens Share Base With Further Buyback on 19 December
Positive
Dec 22, 2025

Drax Group plc has continued to execute its ongoing share buyback programme, repurchasing 67,395 ordinary shares on 19 December 2025 on the London Stock Exchange via J.P. Morgan Securities at a volume-weighted average price of approximately 824 pence per share. Following this latest transaction, the company has 432,171,763 ordinary shares in issue, of which 91,652,923 are held in treasury, leaving 340,518,840 voting shares in circulation, and it has now acquired a total of 4,511,523 shares for treasury since the buyback programme began in July 2025, further consolidating its share base and adjusting the balance of voting rights for existing investors.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Drax Buys Back Further Shares, Reducing Free Float and Updating Voting Rights
Positive
Dec 19, 2025

Drax Group plc has continued to execute its previously announced share buyback programme, repurchasing 68,491 ordinary shares on 18 December 2025 on the London Stock Exchange at prices ranging between 811.5p and 820.5p, with a volume-weighted average of 815.5432p per share. Following this latest transaction, Drax now has 432,170,164 ordinary shares in issue, of which 91,585,528 are held in treasury, leaving 340,584,636 voting shares in circulation; since the start of the programme on 31 July 2025, the company has bought back a total of 4,444,128 shares for treasury, a move that reduces the free float and may enhance earnings per share while providing updated share and voting-rights figures for investors and regulatory disclosure calculations.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Updates on Share Buyback Program
Positive
Dec 18, 2025

Drax Group announced updates on its share buyback program, revealing the purchase of 69,774 ordinary shares on 17 December 2025. This program, initiated in July 2025, underscores the company’s efforts to optimize its capital structure and return value to shareholders. Following this transaction, Drax holds 340,653,127 voting shares available for shareholder calculations and has reacquired 4,375,637 shares since the start of the program. This initiative underscores Drax’s strategic positioning to enhance shareholder engagement and manage its equity effectively.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Enhances Capital Strategy with Share Buyback
Positive
Dec 16, 2025

Drax Group plc has executed a share buyback program, purchasing 71,419 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. The buyback reflects Drax’s commitment to maintaining a balanced approach to capital allocation, which could positively impact its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Continues Share Buyback Programme
Neutral
Dec 15, 2025

Drax Group plc has announced the purchase of 71,792 of its own ordinary shares as part of its ongoing share buyback programme, which was initiated on 31 July 2025. This transaction, executed through J.P. Morgan Securities plc, reflects Drax Group’s strategic efforts to manage its capital structure and potentially enhance shareholder value. Following this purchase, the company now has 432,170,164 ordinary shares in issue, with 91,305,853 held in treasury, impacting the total number of voting rights available to stakeholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program
Positive
Dec 12, 2025

Drax Group plc has executed a share buyback program, purchasing 48,477 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced earlier in the year, reflecting the company’s commitment to optimizing its capital structure and potentially enhancing shareholder value.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program to Enhance Shareholder Value
Positive
Dec 11, 2025

Drax Group plc has executed a share buyback program, purchasing 50,262 ordinary shares on the London Stock Exchange as part of a previously announced initiative. This move is part of a broader strategy to manage its capital structure and enhance shareholder value, reflecting the company’s ongoing efforts to strengthen its market position and financial stability.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Drax Group Reports Strong 2025 Performance and Future Growth Plans
Positive
Dec 11, 2025

Drax Group plc reports strong performance in 2025, with expectations for adjusted EBITDA at the top end of consensus estimates. The company aims to generate £3 billion in free cash flow from 2025 to 2031, supporting significant shareholder returns and investments in growth areas such as energy security and data centers. Drax is expanding its FlexGen portfolio, which includes flexible, renewable energy solutions like BESS and OCGTs, to meet the growing demand for dispatchable power. The company is also investing in infrastructure upgrades and acquisitions to enhance its capabilities and support long-term value creation.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Optimize Capital Structure
Neutral
Dec 10, 2025

Drax Group plc has executed a share buyback program, purchasing 51,004 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aiming to consolidate its share capital and potentially enhance shareholder value. Following this transaction, Drax Group’s total number of ordinary shares in issue, including treasury shares, stands at 432,166,899, with 341,031,577 voting rights available. The buyback reflects Drax’s ongoing efforts to manage its capital structure effectively, which could have implications for its market valuation and investor relations.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Enhances Shareholder Value with Share Buyback
Positive
Dec 9, 2025

Drax Group plc announced a recent transaction involving the purchase of 70,540 of its own shares as part of a share buyback program initiated in July 2025. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects. The transaction impacts the total number of shares in issue and voting rights, which stakeholders can use to assess their positions in accordance with regulatory requirements.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 8, 2025

Drax Group plc has executed a share buyback program, purchasing 71,467 of its ordinary shares on the London Stock Exchange. This move is part of a broader initiative announced in July 2025, which has seen the company acquire a total of 3,872,378 shares for treasury. The transactions are aimed at optimizing the company’s capital structure and providing value to shareholders, reflecting Drax’s strategic focus on enhancing shareholder returns.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £883.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Neutral
Dec 5, 2025

Drax Group plc announced the purchase of 72,833 of its ordinary shares as part of its ongoing share buyback program. This transaction, conducted through J.P. Morgan Securities plc, reflects Drax’s strategic initiative to manage its capital structure and potentially enhance shareholder value. The buyback program, initiated on July 31, 2025, has seen the acquisition of a total of 3,800,911 shares, indicating the company’s commitment to this financial strategy. The transaction impacts the total number of shares in issue and voting rights, which stakeholders can use for their interest calculations under regulatory rules.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £8.50 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Programme
Positive
Dec 4, 2025

Drax Group plc has announced the purchase of 72,858 of its ordinary shares as part of its ongoing share buyback programme, which was initiated on 31 July 2025. This transaction is part of a larger effort, with the company having acquired a total of 3,728,078 shares for treasury since the programme’s inception. The buyback initiative is likely aimed at consolidating the company’s share capital and potentially enhancing shareholder value, reflecting Drax’s strategic financial management in the energy sector.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £8.50 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Dec 3, 2025

Drax Group plc announced the purchase of 76,241 of its own ordinary shares as part of its ongoing share buyback program initiated in July 2025. This transaction, executed through J.P. Morgan Securities plc, reflects Drax’s strategy to manage its capital structure and potentially enhance shareholder value. Following this purchase, the company now has 432,166,899 ordinary shares in issue, with 90,796,620 held in treasury. The buyback program, which has seen the acquisition of over 3.6 million shares since its announcement, underscores Drax’s commitment to optimizing its financial operations and maintaining a strong market position.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £8.50 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Group Advances Share Buyback Programme
Neutral
Dec 2, 2025

Drax Group plc announced the purchase of 74,094 of its own ordinary shares as part of its ongoing share buyback programme. This transaction, executed through J.P. Morgan Securities plc, is part of a larger initiative that has seen the company repurchase a total of 3,578,979 shares since July 2025. The buyback is intended to optimize the capital structure and return value to shareholders, potentially impacting the company’s market positioning and shareholder interests.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Regulatory Filings and Compliance
Drax Group Announces Share Capital and Voting Rights Update
Neutral
Dec 1, 2025

Drax Group plc announced its total voting rights and share capital as of November 30, 2025. The company’s issued share capital consists of 432,166,899 ordinary shares, with 90,646,285 held in treasury, resulting in 341,520,614 voting rights. This information is crucial for shareholders to determine their voting rights interest in compliance with the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Dec 1, 2025

Drax Group plc announced the purchase of 74,934 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through J.P. Morgan Securities plc, is part of a broader strategy to manage the company’s capital structure and enhance shareholder value. The buyback reflects Drax’s commitment to optimizing its financial operations, potentially impacting its market positioning and offering implications for its shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 1, 2025

Drax Group plc has executed a share buyback program, purchasing 74,934 of its ordinary shares on the London Stock Exchange, as part of a previously announced initiative. This move is part of Drax’s strategy to manage its capital structure and enhance shareholder value, reflecting its confidence in the business’s long-term prospects.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Drax Group Advances Share Buyback Strategy
Neutral
Nov 28, 2025

Drax Group plc has executed a share buyback program, purchasing 77,543 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing capital structure and enhancing shareholder value. The transaction affects the total number of shares in issue and voting rights, with implications for shareholder notifications under regulatory rules.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 27, 2025

Drax Group plc has executed a share buyback transaction, purchasing 78,700 of its ordinary shares on the London Stock Exchange as part of its ongoing buyback program announced in July 2025. This move, which involves shares being bought at an average price of 712.4732 pence, is part of Drax’s strategy to manage its capital structure and return value to shareholders, potentially impacting its share price and market perception.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program
Positive
Nov 26, 2025

Drax Group plc has executed a share buyback program, purchasing 76,400 ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced earlier in the year, aiming to manage the company’s capital structure and return value to shareholders. Following this transaction, Drax Group’s total shares in issue, including treasury shares, stand at 432,160,937, with 90,415,108 held in treasury. The buyback reflects Drax’s ongoing efforts to optimize its financial operations and enhance shareholder value.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Neutral
Nov 25, 2025

Drax Group plc announced the purchase of 77,199 ordinary shares as part of its share buyback program, with prices ranging from 709.5 to 720.5 pence per share. This transaction reflects Drax’s ongoing efforts to manage its capital structure and enhance shareholder value, impacting the total number of shares in issue and voting rights, which stakeholders can use for regulatory calculations.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Nov 21, 2025

Drax Group plc announced the purchase of 78,400 of its ordinary shares as part of its ongoing share buyback program. This transaction is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value. The buyback program, initiated in July 2025, has seen Drax Group acquire a total of 3,042,209 shares for treasury, reflecting the company’s commitment to optimizing its financial operations and providing returns to its shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback as Part of Capital Strategy
Positive
Nov 20, 2025

Drax Group plc has executed a share buyback transaction as part of its ongoing programme, purchasing 76,112 ordinary shares on the London Stock Exchange. This move is part of a broader strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Nov 19, 2025

Drax Group plc announced the purchase of 74,743 of its ordinary shares as part of its ongoing share buyback program. This move, executed through J.P. Morgan Securities plc, is part of a broader strategy to manage capital and enhance shareholder value, reflecting the company’s strong financial position and commitment to returning capital to shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Enhance Shareholder Value
Positive
Nov 18, 2025

Drax Group plc has executed a share buyback program, purchasing 75,196 of its ordinary shares on the London Stock Exchange. This transaction is part of a broader initiative announced in July 2025, which has seen the company acquire a total of 2,812,954 shares for treasury purposes. The buyback is likely aimed at optimizing the company’s capital structure and enhancing shareholder value, reflecting Drax’s strategic focus on financial stability and market confidence.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyDelistings and Listing Changes
Drax Group Expands Share Listing to Support Incentive Plans
Positive
Nov 17, 2025

Drax Group plc has applied for the block listing of 260,000 ordinary shares on the London Stock Exchange, associated with its Deferred Share Plan and Long Term Incentive Plan 2020. This move is expected to enhance the company’s share liquidity and support its employee incentive programs, reflecting its commitment to aligning employee interests with company performance.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Nov 17, 2025

Drax Group plc has announced the purchase of 75,303 of its ordinary shares as part of its ongoing share buyback program, which was initiated on 31 July 2025. This transaction is part of a broader strategy to manage its capital structure, potentially enhancing shareholder value and signaling confidence in the company’s financial health. Following this transaction, Drax Group now holds a total of 432,158,061 ordinary shares, with 89,879,158 held in treasury, affecting the total number of voting rights available to shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Programme with Latest Purchase
Neutral
Nov 14, 2025

Drax Group plc announced the purchase of 99,568 of its own ordinary shares as part of its ongoing share buyback programme. This transaction is part of the company’s strategy to manage its capital structure and return value to shareholders, with implications for its market positioning and shareholder engagement.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with New Purchase
Positive
Nov 13, 2025

Drax Group plc announced the purchase of 81,122 of its own ordinary shares as part of its ongoing share buyback program, initially announced in July 2025. This move is part of a broader strategy to manage the company’s capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £10.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback Program
Neutral
Nov 12, 2025

Drax Group plc has executed a share buyback program, purchasing 103,800 of its ordinary shares on the London Stock Exchange. This move, part of a broader initiative announced in July 2025, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. The transaction leaves Drax with 432,151,926 ordinary shares in issue, including treasury shares, and 342,528,761 voting rights. This buyback is part of a larger aggregate purchase of 2,481,765 shares since the program’s inception, indicating a significant commitment to this financial strategy.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Programme with Latest Purchase
Positive
Nov 11, 2025

Drax Group plc announced the purchase of 104,509 of its own ordinary shares as part of its ongoing share buyback programme. This transaction, executed through J.P. Morgan Securities plc, is part of a broader strategy to manage the company’s capital structure and enhance shareholder value. Following this purchase, Drax Group has a total of 432,151,926 ordinary shares in issue, with 89,519,365 held in treasury. This move is indicative of Drax’s commitment to optimizing its financial operations and could impact its market positioning and shareholder relations.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback to Optimize Capital Structure
Positive
Nov 11, 2025

Drax Group plc has executed a share buyback program, purchasing 104,509 ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at optimizing capital structure and returning value to shareholders, reflecting confidence in the company’s financial health and future prospects.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Group Executes Share Buyback Program
Positive
Nov 10, 2025

Drax Group plc has executed a share buyback program, purchasing 103,878 ordinary shares on the London Stock Exchange. This action is part of a broader initiative announced in July 2025, which has seen the company acquire over 2.27 million shares in total. The buyback is likely aimed at consolidating ownership and potentially enhancing shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Positive
Nov 7, 2025

Drax Group plc has executed a share buyback transaction, purchasing 103,590 ordinary shares on the London Stock Exchange as part of its ongoing buyback program initiated in July 2025. This move reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value, with implications for the company’s stock liquidity and market perception.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Stock Buyback
Drax Group Continues Share Buyback Programme
Neutral
Nov 6, 2025

Drax Group plc has announced the purchase of 103,500 of its ordinary shares as part of its share buyback programme, which was initially announced on 31 July 2025. The shares were purchased at prices ranging from 719.5000 pence to 734.5000 pence, with a volume-weighted average price of 727.9851 pence. This transaction leaves Drax Group with 432,136,666 ordinary shares in issue, including treasury shares, and 342,929,278 voting rights excluding treasury shares. The buyback is part of Drax’s ongoing efforts to manage its capital structure and return value to shareholders.

The most recent analyst rating on (GB:DRX) stock is a Buy with a £950.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program with Latest Purchase
Neutral
Nov 5, 2025

Drax Group plc announced the purchase of 105,021 of its own ordinary shares as part of its ongoing share buyback program, initially announced in July 2025. This transaction, executed through J.P. Morgan Securities plc, reflects Drax’s strategy to manage its capital structure and potentially enhance shareholder value. Following this purchase, the company has a total of 432,136,666 ordinary shares in issue, with 89,103,888 held in treasury, impacting the total number of voting rights available to shareholders.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and Strategy
Drax Group Secures Low-Carbon CfD Contract for Biomass Units
Positive
Nov 5, 2025

Drax Group plc has signed a contract with the UK Government’s Low Carbon Contracts Company to operate its biomass units at Drax Power Station from April 2027 to March 2031 under a low-carbon dispatchable CfD scheme. The agreement, which includes a strike price of £109.90/MWh, aims to support UK energy security and renewable energy rollout, while offering potential savings of up to £3.1 billion over four years. The contract also emphasizes enhanced biomass sustainability requirements, ensuring all biomass is sustainably sourced and verified.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Advances Share Buyback Program to Strengthen Financial Position
Positive
Nov 4, 2025

Drax Group plc has executed a share buyback program, purchasing 103,455 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, which has seen the company acquire a total of 1,857,467 shares for treasury. The buyback aims to optimize the capital structure and potentially enhance shareholder value, reflecting Drax’s commitment to strategic financial management.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Regulatory Filings and Compliance
Drax Group Announces Total Voting Rights and Share Capital Update
Neutral
Nov 3, 2025

Drax Group plc announced its total voting rights and share capital as of October 31, 2025. The company has 432,099,751 ordinary shares issued, with 88,895,412 held in treasury, resulting in 343,204,339 voting rights. This information is crucial for shareholders to determine their voting rights interests under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback Program to Strengthen Financial Position
Positive
Nov 3, 2025

Drax Group plc has executed a share buyback program, purchasing 100,200 of its ordinary shares on the London Stock Exchange. This move is part of a larger strategy announced in July 2025, where the company has acquired a total of 1,754,012 shares for treasury. The buyback is expected to impact the company’s share capital structure, potentially enhancing shareholder value and reflecting confidence in its financial health.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £689.00 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX Stock Forecast page.

Business Operations and StrategyStock Buyback
Drax Group Executes Share Buyback Program
Neutral
Oct 31, 2025

Drax Group plc has executed a share buyback program, purchasing 100,559 of its ordinary shares on the London Stock Exchange. This move is part of a broader strategy announced in July 2025, aimed at consolidating its shares and potentially enhancing shareholder value. The transaction leaves Drax with 432,098,677 shares in issue, with 88,795,212 held in treasury, impacting the total voting rights available to shareholders.

The most recent analyst rating on (GB:DRX) stock is a Hold with a £6.89 price target. To see the full list of analyst forecasts on Drax Group plc stock, see the GB:DRX 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: Dec 07, 2025