PensionBee Group PLC (GB:PBEE)
LSE:PBEE
Top Page
PensionBee Group PLC
(LSE:PBEE)
Select Model
Select Model
Rating:51Neutral
Price Target:
151.00 p
▼(-3.21% Downside)
Action:ReiteratedDate:03/13/26
The score is held back primarily by continued losses, the 2025 return to negative operating/free cash flow, and weak technical momentum (below key moving averages with negative MACD). These are partially offset by strong revenue growth and a conservatively financed balance sheet with very low leverage.
Positive Factors
Strong multi-year revenue growth
Consistent multi-year revenue growth shows durable demand for PensionBee’s digital pension offering and scale benefits. As fees are recurring and tied to AUA, sustained top-line expansion improves margin operational leverage and supports progress toward profitable scale over the medium term.
Negative Factors
Ongoing losses and negative margins
Persistent negative operating and EBITDA margins mean the business has yet to convert strong growth into sustainable profitability. Continued losses constrain reinvestment capacity, lengthen the path to positive returns, and raise reliance on external funding until margins sustainably improve.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong multi-year revenue growth
Consistent multi-year revenue growth shows durable demand for PensionBee’s digital pension offering and scale benefits. As fees are recurring and tied to AUA, sustained top-line expansion improves margin operational leverage and supports progress toward profitable scale over the medium term.
Read all positive factors
PensionBee Group PLC (PBEE) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£330.75M
Dividend YieldN/A
Average Volume (3M)89.92K
Price to Earnings (P/E)―
Beta (1Y)0.98
Revenue Growth29.58%
EPS Growth17.32%
CountryUK
Employees204
SectorFinancial
Sector Strength70
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding237,951,800
10 Day Avg. Volume204,576
30 Day Avg. Volume89,924
Financial Highlights & Ratios
PEG Ratio10.33
Price to Book (P/B)10.66
Price to Sales (P/S)9.02
P/FCF Ratio-218.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
£213.50Price Target Upside36.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)<0.01
Revenue Forecast (FY)£54.20M
PensionBee Group PLC Business Overview & Revenue Model
Company Description
PensionBee Group PLC (PBEE) is a UK-based fintech company focused on simplifying pension management for consumers. The company operates in the financial services sector, providing a digital platform that allows users to combine, manage, and grow t...
How the Company Makes Money
PensionBee primarily makes money by charging fees on the pension assets it administers for customers (assets under administration, AUA). Its core revenue stream is recurring management/administration fees calculated as a percentage of AUA, which a...
PensionBee Group PLC Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
78
Positive
Cash Flow
52
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 42.61M | 33.20M | 23.82M | 17.66M | 12.75M |
| Gross Profit | 0.00 | 22.09M | 13.02M | 9.29M | 6.28M |
| EBITDA | -7.47M | -2.86M | -10.39M | -22.10M | -23.31M |
| Net Income | -2.85M | -3.14M | -10.57M | -22.15M | -24.63M |
Balance Sheet | |||||
| Total Assets | 40.25M | 41.27M | 17.43M | 25.64M | 47.51M |
| Cash, Cash Equivalents and Short-Term Investments | 32.62M | 34.99M | 12.21M | 21.32M | 43.52M |
| Total Debt | 125.00K | 292.00K | 398.00K | 551.00K | 657.00K |
| Total Liabilities | 4.20M | 6.92M | 2.28M | 2.11M | 3.73M |
| Stockholders Equity | 36.05M | 34.35M | 15.14M | 23.53M | 43.78M |
Cash Flow | |||||
| Free Cash Flow | -1.76M | 3.90M | -8.92M | -22.05M | -19.71M |
| Operating Cash Flow | -1.58M | 4.02M | -8.82M | -21.68M | -19.64M |
| Investing Cash Flow | -543.00K | -384.00K | -96.00K | -367.00K | -75.00K |
| Financing Cash Flow | -180.00K | 19.11M | -186.00K | -151.00K | 56.49M |
PensionBee Group PLC Technical Analysis
Negative
156.00
Price Trends
154.08
Negative
157.38
Negative
159.49
Negative
Market Momentum
-5.12
Positive
37.17
Neutral
22.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PBEE, the sentiment is Negative. The current price of 156 is above the 20-day moving average (MA) of 147.53, above the 50-day MA of 154.08, and below the 200-day MA of 159.49, indicating a bearish trend. The MACD of -5.12 indicates Positive momentum. The RSI at 37.17 is Neutral, neither overbought nor oversold. The STOCH value of 22.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:PBEE.
PensionBee Group PLC Peers Comparison
UnderperformOutperform
Sector (68)
GB:PBEE
PensionBee Group PLC
139.00
-13.00
-8.55%
GB:MONY
Moneysupermarket.com
152.50
-28.12
-15.57%
PensionBee Group PLC Corporate Events
Business Operations and StrategyFinancial Disclosures
PensionBee lifts assets and revenue as UK profits fund US expansion
Positive
Mar 11, 2026
PensionBee Group reported a strong 2025 performance, with assets under administration rising 27% to £7.4bn and revenue up 28% to £42.6m, supported by stable margins and high customer retention. The UK business drove profitability, achiev...
Business Operations and StrategyExecutive/Board Changes
PensionBee Director Michelle Cracknell Joins XPS Pensions Group Board
Positive
Mar 5, 2026
PensionBee Group plc, a London-listed fintech pensions provider, operates in the consumer retirement market with £7.4 billion in assets for roughly 305,000 customers, offering an online platform that consolidates retirement savings into a sin...
Regulatory Filings and Compliance
PensionBee Updates Total Voting Rights Following Share Capital Confirmation
Neutral
Feb 27, 2026
PensionBee Group plc reported that, as of 27 February 2026, its issued share capital consists of 237,951,805 ordinary shares, all carrying voting rights and with no shares held in treasury. This updated total voting rights figure provides the refe...
Business Operations and StrategyFinancial Disclosures
PensionBee Sets Date for 2025 Full-Year Results and Investor Webcast
Neutral
Feb 10, 2026
PensionBee Group plc, a London-listed online pension provider, manages £7.4 billion in assets for around 305,000 customers by consolidating retirement savings into digital accounts overseen by leading global asset managers. The company serves...
Executive/Board Changes
PensionBee Notes Forthcoming Board Retirement of Non-Executive Director from Barclays
Neutral
Feb 6, 2026
PensionBee Group plc has announced a change in its board-related disclosures, noting that Non-Executive Director Mary Francis CBE will retire from the boards of Barclays PLC and Barclays Bank PLC with effect from 6 May 2026. While Francis remains ...
Regulatory Filings and Compliance
PensionBee Confirms Total Voting Rights at Nearly 238 Million Shares
Neutral
Jan 30, 2026
PensionBee Group plc has confirmed that, as of 30 January 2026, its issued share capital consists of 237,908,903 ordinary shares, all carrying voting rights and with none held in treasury, establishing the total number of voting rights at the same...
Business Operations and StrategyFinancial Disclosures
PensionBee lifts assets to £7.4bn as UK profits grow and US push gathers pace
Positive
Jan 21, 2026
PensionBee reported a strong fourth quarter and full-year 2025, with invested customers rising to 305,000 and assets under administration climbing 27% year-on-year to £7.4bn, supported by net inflows, buoyant markets and retention rates above...
Regulatory Filings and Compliance
PensionBee Confirms Total Voting Rights at 237.9 Million Shares
Neutral
Dec 31, 2025
PensionBee Group plc has announced that as of 31 December 2025 its issued share capital consists of 237,908,387 ordinary shares, all carrying voting rights and with none held in treasury, establishing the company’s total voting rights at the...
Business Operations and StrategyFinancial Disclosures
PensionBee Sets Date and Investor Webcast for Q4 2025 Results
Neutral
Dec 19, 2025
PensionBee Group plc has announced that it will publish its fourth-quarter 2025 results for the period ending 31 December 2025 on 21 January 2026, after the close of UK markets. The release will be accompanied by a live webcast hosted by CEO Romi ...
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.