IWG plc (IWG) AI Stock Analysis

• Market Cap: £1.74B
• Dividend Yield: 0.36%
• Average Volume (3M): 5.24M
• Price to Earnings (P/E): 126.9
• Beta (1Y): 1.45
• Revenue Growth: -2.24%
• EPS Growth: N/A
• Country: UK
• Employees: 10,000
• Sector: Real Estate
• Sector Strength: 53
• Industry: Specialty Business Services
• EPS (TTM): <0.01
• Shares Outstanding: 974,440,600
• 10 Day Avg. Volume: 2,353,813
• 30 Day Avg. Volume: 5,238,777
• PEG Ratio: 8.02
• Price to Book (P/B): -7.64
• Price to Sales (P/S): 0.61
• P/FCF Ratio: 13.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £310.00
• Price Target Upside: 73.57% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 0.16
• Revenue Forecast (FY): £3.92B

• Rating: 42 Neutral
• Price Target: 171.00 p ▼(-4.26% Downside)
• Action: Reiterated Date: 03/06/26
• Date: Action: Reiterated 03/06/26

The score is primarily constrained by high balance-sheet leverage (including negative equity) and a sharp 2025 deterioration in revenue, margins, and cash flow versus 2024. Technicals also weaken the outlook with the price below key moving averages and negative MACD. Valuation further detracts due to an extremely high P/E and low dividend yield.

Positive Factors

Recurring, flexible revenue model

IWG’s core model centers on membership-style access and usage-based services, creating recurring revenue and diversified billings across short and longer commitments. That revenue mix provides durable cash inflows and predictability over multi-month horizons, cushioning near-term demand swings.

Negative Factors

Very high leverage; negative equity

Extremely elevated debt and negative equity materially weaken financial resilience. This capital structure increases refinancing and covenant risk, limits strategic flexibility, and raises the chance that adverse operational swings translate into solvency pressure rather than a temporary earnings miss.

IWG plc Business Overview & Revenue Model

Company Description

IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, the United Kingdom, and internationally. The company offers coworking and collaboration spaces; flexible and ...

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IWG plc, together with its subsidiaries, provides workspace solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, the United Kingdom, and internationally. The company offers coworking and collaboration spaces; flexible and ...

How the Company Makes Money

IWG makes money primarily by monetizing access to its network of flexible workspaces and related services. Its core revenue stream comes from selling workspace products (e.g., private offices, desks, and co-working) and on-demand services (e.g., m...

Read more

IWG makes money primarily by monetizing access to its network of flexible workspaces and related services. Its core revenue stream comes from selling workspace products (e.g., private offices, desks, and co-working) and on-demand services (e.g., m...

IWG plc Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.84B	3.69B	2.96B	2.75B	2.23B
Gross Profit	688.14M	1.10B	589.00M	575.00M	342.10M
EBITDA	476.80M	1.84B	1.34B	410.00M	1.02B
Net Income	18.38M	20.00M	-215.00M	-69.00M	-205.00M
Balance Sheet
Total Assets	9.32B	9.63B	8.20B	9.08B	8.41B
Cash, Cash Equivalents and Short-Term Investments	304.11M	137.00M	110.00M	161.00M	78.00M
Total Debt	7.41B	7.00B	6.09B	6.91B	6.60B
Total Liabilities	9.62B	9.49B	8.12B	8.85B	8.11B
Stockholders Equity	-305.11M	93.00M	34.00M	183.00M	294.90M
Cash Flow
Free Cash Flow	172.55M	1.09B	983.00M	865.00M	479.30M
Operating Cash Flow	371.64M	1.33B	1.20B	1.15B	734.80M
Investing Cash Flow	-221.55M	-183.00M	-193.07M	-538.00M	61.90M
Financing Cash Flow	4.08M	-1.13B	-172.96M	-532.00M	-791.70M

IWG plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 178.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IWG, the sentiment is Negative. The current price of 178.6 is below the 20-day moving average (MA) of 182.47, below the 50-day MA of 210.95, and below the 200-day MA of 218.27, indicating a bearish trend. The MACD of -10.36 indicates Negative momentum. The RSI at 37.58 is Neutral, neither overbought nor oversold. The STOCH value of 68.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:IWG.

IWG plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRP	79 Outperform	£2.90B	19.41	16.69%	1.27%	0.84%	-62.73%
MTO	76 Outperform	£2.18B	13.52	20.41%	2.58%	11.42%	-17.18%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
RTO	65 Neutral	£12.27B	31.67	6.51%	1.68%	-1.58%	-34.64%
RST	54 Neutral	£327.41M	275.23	0.58%	2.31%	6.90%	145.00%
IWG	42 Neutral	£1.74B	126.90	―	0.36%	-2.24%	―
CPI	41 Neutral	£328.67M	-2.81	-142.88%	―	-4.87%	―

IWG plc Corporate Events