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Trainline Plc (GB:TRN)
LSE:TRN

Trainline (TRN) AI Stock Analysis

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GB:TRN

Trainline

(LSE:TRN)

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Neutral 69 (OpenAI - 5.2)
Rating:69Neutral
Price Target:
206.00p
â–²(0.68% Upside)
Action:DowngradedDate:02/26/26
The score is supported primarily by strong financial performance (improving margins, solid ROE, and healthy cash generation) and a reasonable P/E valuation, but is held back by weak technicals with the share price below all key moving averages and a negative MACD.
Positive Factors
Revenue Growth
Consistent revenue growth over multiple years indicates strong market demand and effective business strategy, supporting long-term expansion.
Profitability
Improving net profit margins reflect effective cost management and operational efficiency, enhancing long-term profitability and shareholder value.
Cash Flow Generation
Strong cash flow generation from operations indicates financial health and the ability to reinvest in growth opportunities, ensuring business sustainability.
Negative Factors
Debt Levels
Moderate leverage could limit financial flexibility and increase risk if interest rates rise or cash flows fluctuate, impacting long-term stability.
Investment Fluctuations
Variability in investing and financing activities may indicate potential volatility in cash flows, affecting the company's ability to plan long-term investments.
Dividend Policy
Lack of dividend payments may deter income-focused investors, potentially limiting the stock's attractiveness and affecting long-term investor base stability.

Trainline (TRN) vs. iShares MSCI United Kingdom ETF (EWC)

Trainline Business Overview & Revenue Model

Company DescriptionTrainline Plc operates an independent rail and coach travel platform that sells rail and coach tickets worldwide. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom. The UK Trainline Partner Solutions segment offers travel portal platforms for corporates and travel management companies, and white label e-commerce platforms for train operating companies within the United Kingdom. The International segment provides travel apps and websites for individual travelers for journeys outside the United Kingdom. The company offers routes, fares, and journey times from 270 rail and coach carriers across 45 countries. Trainline Plc was founded in 1997 and is based in London, the United Kingdom.
How the Company Makes MoneyTrainline generates revenue primarily through ticket sales and booking fees. The company earns a commission on every ticket sold via its platform, which includes both rail and coach services. Additionally, Trainline charges customers a small booking fee for certain transactions, contributing further to its income. Key revenue streams include partnerships with rail operators across Europe, which facilitate access to a wide range of travel options and promotional deals. The company also benefits from ancillary services, such as travel insurance and seat reservations, which provide additional revenue opportunities. Furthermore, Trainline has leveraged technology to enhance customer engagement and retention, driving repeat business and increasing overall sales.

Trainline Financial Statement Overview

Summary
Strong overall fundamentals: consistent revenue growth, high gross margin (~79.7% in 2025), and improved profitability with net margin ~13.2%. Balance sheet is stable with moderate leverage (debt-to-equity ~0.56) and improving ROE (~20.6%). Cash generation is solid with robust operating cash flow and growing free cash flow, though investing/financing cash flows show some fluctuations.
Income Statement
85
Very Positive
Trainline has demonstrated strong revenue growth over the years, with revenue growing from 2021 to 2025. The gross profit margin is high at around 79.7% in 2025, indicating efficient cost management relative to revenue. The net profit margin has improved significantly, reaching approximately 13.2% in 2025, reflecting effective operational management. EBIT and EBITDA margins are also positive and improving, evidencing strong profitability trends.
Balance Sheet
70
Positive
The company's balance sheet reflects a solid equity base, with a debt-to-equity ratio of approximately 0.56 in 2025, suggesting moderate leverage. The equity ratio is around 42.8%, indicating a stable financial structure. Return on equity has improved, reaching about 20.6% in 2025, showcasing effective utilization of equity to generate profits.
Cash Flow
78
Positive
Trainline's cash flow statement highlights robust operating cash flow relative to net income, indicating strong cash generation from operations. The free cash flow has shown positive growth, and the free cash flow to net income ratio is favorable, suggesting efficient cash management. However, fluctuations in investing and financing activities warrant attention.
BreakdownTTMFeb 2024Feb 2023Feb 2022Feb 2021Feb 2020
Income Statement
Total Revenue447.73M442.10M396.72M327.15M188.51M67.08M
Gross Profit343.83M352.31M305.29M211.06M110.22M7.48M
EBITDA124.73M132.16M98.15M68.81M35.29M-57.93M
Net Income73.14M58.35M33.99M21.22M-11.90M-91.30M
Balance Sheet
Total Assets702.37M660.25M681.93M653.17M643.00M592.88M
Cash, Cash Equivalents and Short-Term Investments57.13M76.76M91.08M57.34M68.50M36.58M
Total Debt164.98M158.58M153.11M153.54M153.49M269.70M
Total Liabilities452.09M377.51M369.92M362.53M383.51M309.38M
Stockholders Equity250.28M282.75M312.02M290.64M259.49M283.50M
Cash Flow
Free Cash Flow130.87M95.89M81.85M-2.02M165.16M-152.37M
Operating Cash Flow132.35M138.20M121.73M33.20M194.50M-126.03M
Investing Cash Flow-41.15M-42.67M-40.75M-35.22M-29.34M-26.34M
Financing Cash Flow-155.22M-109.08M-45.57M-9.33M-132.40M97.79M

Trainline Technical Analysis

Technical Analysis Sentiment
Negative
Last Price204.60
Price Trends
50DMA
207.39
Negative
100DMA
226.70
Negative
200DMA
250.65
Negative
Market Momentum
MACD
-4.98
Positive
RSI
35.87
Neutral
STOCH
24.02
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRN, the sentiment is Negative. The current price of 204.6 is above the 20-day moving average (MA) of 198.08, below the 50-day MA of 207.39, and below the 200-day MA of 250.65, indicating a bearish trend. The MACD of -4.98 indicates Positive momentum. The RSI at 35.87 is Neutral, neither overbought nor oversold. The STOCH value of 24.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TRN.

Trainline Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
£2.22B1.1823.98%1.18%7.17%-2.22%
69
Neutral
£700.86M5.7926.37%―4.39%43.74%
69
Neutral
£131.54M47.1311.33%0.60%-3.82%-51.23%
64
Neutral
£272.42M40.5114.50%1.39%-5.30%-30.17%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
48
Neutral
£1.49B-18.43-48.11%2.50%5.98%-371.14%
46
Neutral
£747.36M-6.05-11.61%4.48%-19.03%-318.35%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TRN
Trainline
189.00
-120.60
-38.95%
GB:JET2
Jet2 PLC
1,200.00
-142.12
-10.59%
GB:HSW
Hostelworld
106.00
-16.75
-13.64%
GB:OTB
On The Beach
195.00
-25.57
-11.59%
GB:SSPG
SSP Group plc
190.20
32.07
20.28%
GB:SMWH
WH Smith
606.00
-455.29
-42.90%

Trainline Corporate Events

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 710,000 Shares in Ongoing Buyback Programme
Positive
Feb 26, 2026

Trainline has repurchased 710,000 ordinary shares on the London Stock Exchange and multilateral trading facilities as part of its ongoing share buyback programme. The company paid a volume-weighted average price of 189.80p per share, with prices ranging between 187.60p and 191.80p, under authority granted at its January 2026 general meeting.

The repurchased shares will be cancelled, reducing Trainline’s shares in issue to 386,689,674 and leaving the company with no treasury shares. The lower share count may enhance earnings per share and signals continued capital returns to investors, while the new figure also becomes the reference denominator for shareholders assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £217.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 480,000 Shares in Ongoing Buyback Programme
Positive
Feb 25, 2026

Trainline has executed a share buyback transaction, repurchasing 480,000 ordinary shares on 24 February 2026 at a volume-weighted average price of 204.39p per share. The repurchased shares will be cancelled, reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.

Following this cancellation, Trainline’s total shares in issue will fall to 387,399,674, with no shares held in treasury, a figure now relevant for investors’ disclosure calculations under UK transparency rules. The move forms part of a wider share purchase programme previously approved by shareholders, underscoring the company’s ongoing capital management strategy and signalling confidence in its financial position.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Trainline CEO Jody Ford to Step Down as Board Reaffirms Growth Outlook
Positive
Feb 25, 2026

Trainline has announced that Chief Executive Officer Jody Ford intends to step down after more than six years at the company, though he will remain in post to oversee a transition while the board runs a formal search for his successor. Chair Brian McBride credited Ford with driving exceptional growth, including creating Europe’s leading rail app, doubling net ticket sales in its UK and international consumer businesses, and more than doubling profits while expanding into major European markets.

The board signalled continuity by reaffirming Trainline’s existing strategic priorities and capital allocation framework despite the leadership change. The company also reconfirmed its previously upgraded guidance for the 2026 financial year and said it will provide a further trading update in mid-March, suggesting confidence that the CEO transition will not derail its current growth trajectory or financial outlook.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 450,000 Shares in Ongoing Buyback Programme
Positive
Feb 24, 2026

Trainline plc, a leading independent digital rail and coach ticketing platform, aggregates routes, fares and schedules from multiple European carriers to serve millions of travellers through its website and mobile app. Its core business focuses on simplifying journey planning and booking across a fragmented European rail and coach market.

The company has repurchased 450,000 ordinary shares on 23 February 2026 under its ongoing share buyback programme, at a volume‑weighted average price of 204.66p per share. The shares will be cancelled, reducing the number of ordinary shares in issue to 387,879,674, a move that slightly concentrates existing shareholders’ stakes and may signal continued confidence in the company’s valuation and capital management strategy.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 290,000 Shares in Latest Buyback Move
Positive
Feb 23, 2026

Trainline has repurchased 290,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities under its ongoing share buyback programme, paying a volume‑weighted average price of 203.91p per share. The company will cancel the repurchased stock, reducing the number of shares in issue to 388,329,674, a change that may marginally enhance earnings per share and will serve as the new reference figure for investors monitoring disclosure thresholds.

The buyback, executed via Deutsche Bank’s Deutsche Numis unit using authority granted at a recent general meeting, underscores Trainline’s continued use of capital management tools to return value to shareholders. By shrinking its free‑float, Trainline may modestly improve shareholder metrics while signalling confidence in its financial position and long‑term prospects in the competitive European rail and coach ticketing market.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Buys Back 395,000 Shares for Cancellation, Trimming Share Count
Positive
Feb 20, 2026

Trainline has continued executing its previously announced share purchase programme, buying 395,000 ordinary shares on 19 February 2026 through Deutsche Numis at a volume-weighted average price of 201.50p. The repurchased shares will be cancelled, reducing the number of shares in issue to 388,619,674 and slightly increasing existing shareholders’ proportional ownership, while setting a new denominator for regulatory disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £211.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 392,586 Shares After Latest Buyback
Positive
Feb 19, 2026

Trainline has repurchased 392,586 ordinary shares on 18 February 2026 under its ongoing share buyback programme, paying a volume‑weighted average price of 198.14p per share, with prices ranging from 196.30p to 200.00p. The company will cancel the repurchased shares, reducing its shares in issue to 389,014,674 and potentially enhancing earnings per share while providing a new denominator for investors’ disclosure calculations under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 375,000 Shares in Ongoing Buyback Programme
Positive
Feb 18, 2026

Trainline has repurchased 375,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of the share buyback programme launched in September 2025. The shares, acquired from Deutsche Bank’s Deutsche Numis unit at a volume‑weighted average price of 195.67p, will be cancelled, reducing Trainline’s share count to 389,407,260.

The cancellation of these shares marginally enhances earnings per share and reflects Trainline’s continued use of excess capital to return value to shareholders. The reduced share base also updates the reference denominator for investors tracking disclosure thresholds under UK transparency rules, underscoring the company’s active capital management strategy.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 445,000 Shares in Ongoing Buyback Programme
Positive
Feb 17, 2026

Trainline has executed a further tranche of its ongoing share buyback programme, repurchasing 445,000 ordinary shares on 16 February 2026 at a volume-weighted average price of 196.60 pence. The transaction, carried out via Deutsche Numis under previously granted shareholder authority, is part of the capital management strategy unveiled in September 2025.

The company will cancel the repurchased shares, reducing its total shares in issue to 389,782,260 and confirming it holds no treasury shares. The cancellation marginally enhances earnings per share and may support Trainline’s valuation, while also providing an updated share count for investors and other stakeholders monitoring disclosure and transparency thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 495,000 Shares After Latest Buyback Move
Positive
Feb 16, 2026

Trainline has repurchased 495,000 of its ordinary shares on 13 February 2026 via Deutsche Numis under its previously announced share buyback programme, paying a volume‑weighted average price of 198.03p per share. The company will cancel the repurchased stock, reducing its shares in issue to 390,227,260, a move that may enhance earnings per share and signals continued capital returns to shareholders while clarifying the new denominator for regulatory disclosure thresholds.

The cancellation of these shares tightens Trainline’s equity base at a time when digital travel platforms compete aggressively for market share across Europe. By executing buybacks rather than holding shares in treasury, Trainline underscores confidence in its valuation and balance sheet strength, providing greater visibility for investors monitoring ownership changes under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £209.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 355,000 Shares in Ongoing Buyback Programme
Positive
Feb 13, 2026

Trainline has executed another tranche of its previously announced share purchase programme, buying 355,000 ordinary shares on 12 February 2026 via Deutsche Numis at a volume-weighted average price of 202.05p. The company will cancel the repurchased shares, leaving 390,722,260 ordinary shares in issue and potentially enhancing earnings per share and capital efficiency for investors, while also updating the free float denominator for regulatory disclosure purposes.

The buyback, conducted under shareholder authority granted at a recent general meeting, underlines Trainline’s ongoing use of surplus capital to return value to shareholders and manage its equity base. With no shares held in treasury, the cancellation directly reduces the share count, which may support the company’s market valuation and signals continued confidence in its financial position and long-term strategy.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £216.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 400,000 Shares in Ongoing Buyback Programme
Positive
Feb 12, 2026

Trainline has continued executing its previously announced share buyback programme, repurchasing 400,000 ordinary shares on 11 February 2026 via Deutsche Numis at a volume‑weighted average price of 201.83p. The purchased shares will be cancelled, reducing the total number of ordinary shares in issue to 391,077,260, a move that marginally enhances earnings per share and may signal management’s confidence in the company’s valuation and long‑term prospects for investors.

The company confirmed it holds no shares in treasury, and the new share count will serve as the reference denominator for investors and other stakeholders assessing disclosure thresholds under UK transparency rules. By tightening its capital base through buybacks while maintaining its position as a major digital rail and coach ticketing platform, Trainline continues to fine‑tune its capital structure in a way that could support shareholder value and reinforce its standing in the European transport technology market.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £216.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 325,000 Shares After Latest Buyback Transaction
Positive
Feb 11, 2026

Trainline has repurchased 325,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities under its ongoing share buyback programme, paying a volume‑weighted average price of 203.70p per share. The company will cancel the repurchased shares, reducing its total shares in issue to 391,477,260 and providing an updated denominator for investors’ disclosure and transparency calculations.

The cancellation of these shares modestly shrinks Trainline’s equity base, which can enhance earnings per share and signal management’s confidence in the company’s valuation. The updated share count also has operational implications for shareholders and other market participants who must use the new figure when assessing and reporting any changes in their holdings under applicable UK disclosure rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £217.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 360,000 Shares After Latest Buyback Tranche
Neutral
Feb 10, 2026

Trainline plc, a major digital platform for rail and coach travel across Europe, offers customers a unified interface to search, book and manage journeys via its website and mobile application. By consolidating millions of routes and fares from multiple carriers, it aims to streamline ticketing for a large and growing base of international travellers.

The company has repurchased 360,000 ordinary shares on the London Stock Exchange and multilateral trading facilities as part of its ongoing buyback programme, at a volume-weighted average price of 205.38p per share. These shares will be cancelled, reducing the total number of shares in issue to 391,802,260 and modestly increasing existing shareholders’ relative ownership stakes while providing an updated reference figure for regulatory disclosure thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £221.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 335,000 Shares in Ongoing Buyback Programme
Positive
Feb 9, 2026

Trainline has repurchased 335,000 ordinary shares on the London Stock Exchange and multilateral trading facilities under its ongoing share buyback programme, paying a volume-weighted average price of 201.76p per share. The shares, acquired from Deutsche Bank’s Deutsche Numis arm, will be cancelled, reducing the number of shares in issue to 392,162,260 and potentially enhancing earnings per share and capital returns for existing investors.

The transaction follows shareholder authority granted at a recent general meeting and forms part of Trainline’s broader capital management strategy. The updated share count also provides a new reference denominator for investors and other stakeholders required to report holdings under UK disclosure and transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £221.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 390,000 Shares Following Buyback Transaction
Neutral
Feb 6, 2026

Trainline plc has repurchased 390,000 of its ordinary shares on 5 February 2026 on the London Stock Exchange and multilateral trading facilities under its previously announced share purchase programme, at a volume-weighted average price of 201.63p per share, with prices ranging between 198.60p and 204.00p. The bought-back shares will be cancelled, reducing the total number of Trainline ordinary shares in issue to 392,497,260, a move that marginally increases existing shareholders’ proportional ownership and provides an updated denominator for investors and other market participants when calculating disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £218.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
Trainline Cancels 330,000 Shares Under Ongoing Buyback Programme
Positive
Feb 5, 2026

Trainline plc has repurchased 330,000 of its ordinary shares on 4 February 2026 via Deutsche Bank AG (trading as Deutsche Numis) under its previously announced share purchase programme, at a volume-weighted average price of 203.76p per share. The purchased shares will be cancelled, reducing the number of ordinary shares in issue to 392,887,260 and potentially enhancing earnings per share while providing updated capital base information for investors and other stakeholders monitoring disclosure and transparency thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £216.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 165,311 Shares Following Latest Buyback Transaction
Neutral
Feb 3, 2026

Trainline plc has repurchased 165,311 of its ordinary shares on 2 February 2026 via Deutsche Bank AG’s Deutsche Numis arm under its previously announced share purchase programme, at a volume-weighted average price of 205.95p per share. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 393,585,411, a move that marginally enhances remaining shareholders’ proportional ownership and provides an updated share capital figure for investors and other market participants tracking disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 290,000 Shares After Latest Buyback Transaction
Neutral
Feb 2, 2026

Trainline has repurchased 290,000 of its ordinary shares on 30 January 2026 under its ongoing share buyback programme, at a volume-weighted average price of 206.30p per share, with the shares to be cancelled. Following this transaction, the company’s total shares in issue fall to 393,750,722, a change that affects the denominator used by shareholders and other investors for calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Regulatory Filings and Compliance
Trainline Confirms Updated Total Voting Rights and Share Capital
Neutral
Feb 2, 2026

Trainline PLC has confirmed that as of 31 January 2026 its issued share capital comprises 393,750,722 ordinary shares of one pence each, with each share carrying one voting right and no shares held in treasury. This updated total voting rights figure provides the reference denominator for shareholders and other investors to assess and report their holdings under the UK Financial Conduct Authority’s disclosure and transparency rules, ensuring ongoing compliance and clarity around significant shareholdings in the company.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £219.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 340,000 Shares After Latest Buyback Transaction
Positive
Jan 30, 2026

Trainline has repurchased 340,000 of its ordinary shares on 29 January 2026 through Deutsche Bank’s Deutsche Numis arm as part of its ongoing share purchase programme, paying a volume‑weighted average price of 202.89p per share. The bought‑back shares will be cancelled, reducing the company’s share capital to 394,040,722 ordinary shares in issue, a change that may affect shareholder disclosure thresholds under UK transparency rules and signals continued capital management by the rail and coach ticketing platform.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £217.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackShareholder Meetings
Trainline Wins Shareholder Backing to Continue £150m Buyback Programme
Positive
Jan 29, 2026

Trainline shareholders have approved a special resolution at a general meeting authorising the company to make market purchases of its own ordinary shares, providing the board with sufficient flexibility to continue its ongoing £150 million share buyback programme, of which £100 million remains outstanding. The strong backing, with over 96% of votes cast in favour and more than 70% of the issued share capital voting, underscores investor support for Trainline’s current capital allocation strategy and may enhance returns for shareholders by reducing the company’s share count.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £218.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 290,000 Shares in Ongoing Buyback Programme
Positive
Jan 29, 2026

Trainline plc has repurchased 290,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities, as part of the share buyback programme launched in September 2025 and under shareholder authority from its 2025 AGM. The shares, bought at a volume-weighted average price of 202.81 pence and now cancelled, reduce the company’s share count to 394,380,722 in issue, a move that can enhance earnings per share and signals ongoing capital returns to investors while updating the denominator used for regulatory disclosure of ownership stakes.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £218.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 340,000 Shares After Latest Buyback Transaction
Neutral
Jan 28, 2026

Trainline plc has repurchased 340,000 of its ordinary shares on 27 January 2026 via Deutsche Bank’s Deutsche Numis unit as part of its ongoing share buyback programme authorised at the 2025 AGM. The shares, bought at a volume-weighted average price of 204.52p and now cancelled, reduce the company’s issued share capital to 394,670,722 shares, a change that may affect shareholder disclosure thresholds and underscores Trainline’s continued use of buybacks as a capital management tool.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £217.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 323,643 Shares Under Ongoing Buyback Programme
Positive
Jan 27, 2026

Trainline plc has repurchased 323,643 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of the share buyback programme launched in September 2025, paying a volume-weighted average price of 205.89p per share. The repurchased shares will be cancelled, reducing the company’s total shares in issue to 395,010,722 and potentially enhancing earnings per share while clarifying the new share capital base for investors and other stakeholders who monitor disclosure and transparency thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £220.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 290,000 Shares Following Latest Buyback
Neutral
Jan 26, 2026

Trainline plc has repurchased 290,000 of its ordinary shares on 23 January 2026 as part of its ongoing share buyback programme, at a volume-weighted average price of 210.08 pence per share, with the shares to be cancelled. Following this transaction, the company’s total shares in issue fall to 395,334,365, a change that may affect shareholders’ notification thresholds under disclosure rules and underscores Trainline’s continued use of buybacks as a capital management tool.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 226,371 Shares Under Ongoing Buyback Programme
Positive
Jan 23, 2026

Trainline has continued executing its previously announced share buyback programme, repurchasing 226,371 ordinary shares on 22 January 2026 at a volume‑weighted average price of 208.14p per share through Deutsche Numis. The shares will be cancelled, reducing the total number of shares in issue to 395,624,365 and slightly enhancing earnings per share while providing an updated denominator for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 240,000 Shares After Latest Buyback Transaction
Positive
Jan 22, 2026

Trainline plc has repurchased 240,000 of its ordinary shares on 21 January 2026 via Deutsche Numis as part of the share buyback programme launched in September 2025, paying a volume-weighted average price of 203.96p per share. The repurchased shares will be cancelled, reducing the total number of shares in issue to 395,850,736 and potentially enhancing earnings per share, while also altering the denominator used by investors and other stakeholders when calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £218.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 295,000 Shares in Ongoing Buyback, Cutting Share Count to 396.1 Million
Positive
Jan 21, 2026

Trainline plc has continued its share buyback programme with the repurchase of 295,000 ordinary shares on 20 January 2026 via Deutsche Numis, at prices ranging between 205.20p and 208.00p per share, with a volume-weighted average price of 206.54p. The repurchased shares will be cancelled, reducing the total number of shares in issue to 396,090,736 and potentially enhancing earnings per share and capital efficiency, while also updating the free-float denominator used by investors and other market participants for disclosure and transparency calculations under UK market rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 283,084 Shares Under Ongoing Buyback Programme
Neutral
Jan 20, 2026

Trainline plc has repurchased 283,084 of its ordinary shares on 19 January 2026 as part of its ongoing share buyback programme, at prices between 208.00p and 211.60p per share, with a volume-weighted average price of 209.31p. The company will cancel the repurchased shares, reducing the number of ordinary shares in issue to 396,385,736, a change that affects the denominator used by shareholders and other investors to calculate disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £223.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 220,000 Shares After Latest Buyback Transaction
Neutral
Jan 19, 2026

Trainline plc has repurchased 220,000 of its ordinary shares on 16 January 2026 on the London Stock Exchange and multilateral trading facilities under its previously announced share buyback programme, at a volume-weighted average price of 214.13p per share. The company will cancel the repurchased shares, reducing the total number of ordinary shares in issue to 396,668,820, a move that marginally tightens its share capital and provides an updated denominator for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £227.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 220,000 Shares Under Ongoing Buyback Programme
Positive
Jan 16, 2026

Trainline plc has repurchased 220,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of the share buyback programme launched in September 2025, with the shares acquired at a volume‑weighted average price of 216.16p and subsequently cancelled. Following this transaction, Trainline’s total shares in issue fall to 396,888,820, a change that may affect shareholder notification thresholds under UK disclosure rules and signals continued capital management activity that could enhance earnings per share and support investor returns.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 220,000 Shares After Latest Buyback Transaction
Positive
Jan 16, 2026

Trainline has repurchased 220,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of the share buyback programme launched in September 2025 under authority from its 2025 AGM. The shares, bought at a volume‑weighted average price of 216.16p and now cancelled, reduce the company’s share capital to 396,888,820 shares in issue, a move that may enhance earnings per share and signals continued capital management discipline to investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 240,000 Shares After Latest Buyback Transaction
Positive
Jan 15, 2026

Trainline plc has repurchased 240,000 of its ordinary shares on 14 January 2026 on the London Stock Exchange and multilateral trading facilities, at a volume-weighted average price of 214.51p per share, under its previously announced share purchase programme. The shares bought back will be cancelled, reducing the company’s share capital to 397,108,820 ordinary shares in issue, a move that may incrementally enhance earnings per share and signals ongoing capital management efforts that are relevant for shareholders monitoring their ownership thresholds under UK disclosure rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Trainline Redeems Remaining £82.7m of 1% Convertible Bonds at Maturity
Positive
Jan 14, 2026

Trainline has redeemed in full the remaining £82.7m principal balance of its 1% Convertible Bonds at maturity on 14 January 2026, with no bonds converted into equity and the repayment funded entirely from existing liquidity resources. The move leaves Trainline’s net debt position unchanged, signalling that the company had sufficient cash resources to meet its obligations without altering its capital structure, which may reassure investors about its balance-sheet resilience and reduce uncertainty around potential future equity dilution.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 380,000 Shares After Buyback, Cutting Share Count to 397.3 Million
Positive
Jan 14, 2026

Trainline plc has repurchased 380,000 of its ordinary shares on 13 January 2026 via Deutsche Bank’s Deutsche Numis unit as part of a previously announced share buyback programme, paying a volume-weighted average price of 217.32 pence per share. The repurchased shares will be cancelled, reducing the company’s total shares in issue to 397,348,820 and potentially enhancing earnings per share while providing shareholders and other market participants with an updated denominator for disclosure and transparency reporting under UK regulatory rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 337,958 Shares After Latest Buyback Transaction
Positive
Jan 13, 2026

Trainline plc has continued executing its previously announced share purchase programme, buying 337,958 ordinary shares on 12 January 2026 at a volume-weighted average price of 218.39 pence per share via Deutsche Bank’s Deutsche Numis unit. The company will cancel the repurchased shares, reducing its total shares in issue to 397,728,820 and potentially enhancing earnings per share while slightly consolidating existing investors’ ownership stakes, with the updated share count now serving as the reference figure for regulatory disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackShareholder Meetings
Trainline Calls General Meeting to Extend Share Buyback Headroom
Positive
Jan 12, 2026

Trainline has called a General Meeting for 29 January 2026 to seek additional shareholder authority to repurchase its own ordinary shares, providing the board with sufficient headroom to continue its ongoing share buyback programme. The move underlines the company’s commitment to capital returns and balance sheet flexibility, and signals continued confidence from the board in Trainline’s financial position and long-term prospects, with implications for shareholder value as the buyback progresses.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £310.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels 390,000 Shares in Ongoing Buyback Programme
Positive
Jan 12, 2026

Trainline has repurchased 390,000 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of the share buyback programme launched in September 2025, at a volume-weighted average price of 223.70p per share. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 398,066,778 and potentially enhancing earnings per share, while also updating the denominator used by investors and other stakeholders for regulatory disclosure of shareholdings under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £310.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Cancels 440,000 Shares After Latest Buyback Transaction
Positive
Jan 9, 2026

Trainline has continued executing its previously announced share buyback programme, repurchasing 440,000 ordinary shares on 8 January 2026 on the London Stock Exchange and multilateral trading facilities at a volume-weighted average price of 223.00p per share. The company will cancel the repurchased shares, reducing the total number of ordinary shares in issue to 398,456,778 and potentially enhancing earnings per share, while also updating the free-float denominator used by investors to calculate disclosure thresholds under UK market transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackFinancial DisclosuresRegulatory Filings and Compliance
Trainline Cancels 290,000 Shares in Ongoing Buyback Programme
Positive
Jan 8, 2026

Trainline plc has continued its share buyback programme by repurchasing 290,000 ordinary shares on 7 January 2026 on the London Stock Exchange and multilateral trading facilities, at a volume‑weighted average price of 220.82p per share, with the shares to be cancelled. Following this transaction, Trainline’s total shares in issue fall to 398,896,778, a change that marginally enhances earnings per share for investors and updates the denominator used by shareholders and other market participants for calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Trainline Cancels 280,000 Shares After Latest Buyback Transaction
Positive
Jan 7, 2026

Trainline plc has repurchased 280,000 of its ordinary shares on 6 January 2026 via Deutsche Bank’s Deutsche Numis unit as part of its previously announced share purchase programme, paying a volume-weighted average price of 219.40 pence per share. The shares bought back will be cancelled, reducing the company’s shares in issue to 399,186,778, a move that may enhance earnings per share and signals ongoing capital management to investors while updating the reference figure used by shareholders for regulatory disclosure thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackFinancial DisclosuresRegulatory Filings and Compliance
Trainline Buys Back 530,000 Shares Under Ongoing Repurchase Programme
Positive
Jan 6, 2026

Trainline has repurchased 530,000 of its ordinary shares on 5 January 2026 under its previously announced share buyback programme, paying a volume-weighted average price of 214.00p per share, with the shares to be cancelled. Following this transaction, Trainline’s share count will fall to 399,466,778 ordinary shares in issue, a move that marginally enhances earnings per share and may support shareholder value while also updating the denominator used by investors for regulatory disclosure of shareholdings under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Regulatory Filings and Compliance
Trainline Confirms Total Voting Rights Ahead of Year-End
Neutral
Jan 2, 2026

Trainline PLC has confirmed that as of 31 December 2025 its issued share capital comprises 399,996,778 ordinary shares of one pence each, with each share carrying one voting right and no shares held in treasury. This total voting rights figure will serve as the reference denominator for shareholders and other market participants when assessing disclosure obligations regarding holdings in Trainline under UK regulatory transparency rules, providing clarity on the company’s capital structure and voting base.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Trainline Cancels Newly Repurchased Shares, Cutting Share Count to Just Under 400m
Positive
Jan 2, 2026

Trainline has continued executing its previously announced share buyback programme with the repurchase of 262,325 ordinary shares on 19 December 2025, at prices ranging between 221p and 224p per share and a volume-weighted average price of 222.38p. The company will cancel the repurchased shares, reducing the number of shares in issue to 399,996,778 and potentially enhancing earnings per share, while providing an updated share count for investors and other market participants to use in calculating disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Cancels 342,150 Shares in Ongoing Buyback Programme
Neutral
Dec 19, 2025

Trainline plc has repurchased 342,150 of its ordinary shares on the London Stock Exchange and multilateral trading facilities as part of its previously announced share buyback programme, at a volume-weighted average price of 222.03p per share. The purchased shares will be cancelled, reducing the number of ordinary shares in issue to 400,259,103, a move that marginally consolidates existing shareholders’ stakes and provides an updated share capital figure for investors and other stakeholders monitoring disclosure and transparency thresholds.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback Program Reducing Issuance
Neutral
Dec 18, 2025

Trainline PLC has executed a buyback of 400,000 ordinary shares, as part of its ongoing share purchase program, with prices ranging from 216.80p to 220.80p per share. These repurchased shares will be canceled, reducing the total number of shares in issuance to 400,601,253, allowing shareholders and stakeholders to adjust their investment calculations accordingly.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback, Cancelling 500,000 Shares
Neutral
Dec 17, 2025

Trainline PLC announced the purchase of 500,000 of its ordinary shares as part of its share buyback program, with the shares being acquired from Deutsche Numis. This transaction, which follows a previously announced buyback program, will result in the cancellation of the purchased shares, reducing the total number of shares in issue to 401,001,253. This move is in line with the authority granted by shareholders at Trainline’s 2025 Annual General Meeting and is expected to impact shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Executes Share Buyback Program
Neutral
Dec 16, 2025

Trainline has announced the purchase of 275,000 of its ordinary shares from Deutsche Bank AG, London Branch, as part of a share buyback program. This move, executed under the authority granted by shareholders, will result in the cancellation of the purchased shares, leaving 401,501,253 ordinary shares in issue. The buyback is part of Trainline’s strategic financial management, potentially impacting shareholder value and market perception.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline PLC Advances Share Buyback Program
Neutral
Dec 15, 2025

Trainline PLC announced the purchase of 384,696 of its ordinary shares from Deutsche Bank AG, as part of a share buyback program initiated in September 2025. This move will reduce the total number of shares in issue to 401,776,253, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 12, 2025

Trainline PLC has executed a share buyback program, purchasing 450,000 of its ordinary shares from Deutsche Bank AG, London Branch. This move, in line with the authority granted at the 2025 Annual General Meeting, aims to reduce the number of shares in circulation, potentially enhancing shareholder value. Following this transaction, the total number of shares in issue stands at 402,160,949, which stakeholders can use for calculating their interests in the company.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback, Reducing Shares in Issue
Neutral
Dec 11, 2025

Trainline has repurchased 378,147 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Deutsche Numis, as part of a share buyback program announced in September 2025. This move, which results in the cancellation of the purchased shares, will reduce the total number of shares in issue to 402,610,949, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Executes Share Buyback Program
Neutral
Dec 10, 2025

Trainline PLC has executed a share buyback program, purchasing 587,209 of its ordinary shares on the London Stock Exchange. The transaction, conducted through Deutsche Numis, was part of a previously announced program and authorized by shareholders. The acquired shares will be canceled, reducing the total number of shares in circulation to 402,989,096. This move is aligned with the company’s strategy to manage its capital structure and may influence shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback Program
Neutral
Dec 9, 2025

Trainline announced the repurchase of 319,966 ordinary shares as part of its share buyback program, with the shares being acquired from Deutsche Bank AG, London Branch. This move, following shareholder approval, will see the purchased shares canceled, leaving 403,576,305 shares in issue, and is part of Trainline’s efforts to manage its share capital effectively.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Executes Share Buyback Program
Neutral
Dec 8, 2025

Trainline PLC announced the purchase of 465,000 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities as part of a share buyback program. This move, executed through Deutsche Numis, will result in the cancellation of the purchased shares, leaving 403,896,271 ordinary shares in issue. The buyback is part of Trainline’s strategy to manage its capital structure and could potentially impact shareholder interests and market dynamics.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £230.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback Program
Neutral
Dec 5, 2025

Trainline announced the purchase of 268,724 of its ordinary shares from Deutsche Bank AG, London Branch, as part of a share buyback program. This move, following the authority granted at the 2025 Annual General Meeting, will reduce the number of shares in issue to 404,361,271, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £230.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline PLC Executes Share Buyback Program
Neutral
Dec 4, 2025

Trainline PLC has announced the repurchase of 460,000 ordinary shares as part of its share buyback program, executed through Deutsche Bank AG, London Branch. This transaction, conducted on the London Stock Exchange and Multilateral Trading Facilities, is in line with the authority granted by shareholders at the 2025 Annual General Meeting. The repurchased shares will be canceled, leaving the total number of shares in issue at 404,629,995. This move is part of Trainline’s strategic financial management and may impact shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Sell with a £230.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Executes Share Buyback to Optimize Capital Structure
Positive
Dec 3, 2025

Trainline PLC has executed a share buyback program, purchasing 350,000 ordinary shares on the London Stock Exchange, with prices ranging from 227.80p to 231.20p. These shares will be canceled, reducing the total number of shares in issue to 405,089,995. This move is part of Trainline’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback, Reduces Share Count
Neutral
Dec 2, 2025

Trainline plc has executed a share buyback, purchasing 265,307 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Deutsche Numis. This move is part of a previously announced share purchase program and follows shareholder approval. The purchased shares will be cancelled, reducing the total number of shares in issue to 405,439,995. This transaction may impact shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Regulatory Filings and Compliance
Trainline PLC Announces Total Voting Rights Update
Neutral
Dec 1, 2025

Trainline PLC announced that as of November 30, 2025, its share capital comprises 405,705,302 ordinary shares, each granting one vote at company meetings. This figure is crucial for shareholders and others with notification obligations under the FCA’s Disclosure Guidance and Transparency Rules to determine their interest in the company.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Business Operations and StrategyStock Buyback
Trainline Executes Share Buyback, Cancelling 250,000 Shares
Neutral
Dec 1, 2025

Trainline has executed a share buyback, purchasing 250,000 ordinary shares from Deutsche Bank AG, London Branch, as part of a program announced in September 2025. The shares, bought at an average price of 238.63p, will be canceled, reducing the total number of shares in issue to 405,705,302. This move is part of Trainline’s strategy to manage its capital structure and could impact shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback to Optimize Capital Structure
Positive
Nov 28, 2025

Trainline has executed a share buyback program, purchasing 85,025 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Deutsche Numis. This move, part of a previously announced program, aims to optimize the company’s capital structure and potentially enhance shareholder value. Following this transaction, the total number of shares in issue stands at 405,955,302, which stakeholders can use for regulatory reporting purposes.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £380.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback, Reduces Share Count
Neutral
Nov 27, 2025

Trainline has executed a share buyback program, purchasing 202,715 of its ordinary shares on the London Stock Exchange through Deutsche Numis. This move, part of a previously announced share purchase program, will see the acquired shares canceled, reducing the total number of shares in issue to 406,040,327. This action is in line with the authority granted by shareholders and adheres to the Market Abuse Regulation, potentially impacting shareholder calculations and transparency obligations.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £300.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Stock Buyback
Trainline Executes Share Buyback Program
Neutral
Nov 26, 2025

Trainline plc has executed a share buyback program, purchasing 300,000 of its ordinary shares on the London Stock Exchange. This move, part of a previously announced program, aims to optimize the company’s capital structure. The purchased shares will be canceled, reducing the total number of shares in circulation to 406,243,042. This action may impact shareholder calculations regarding their interests in the company, as per the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Hold with a £300.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN 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: Feb 26, 2026