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Gooch & Housego ( (GB:GHH) ) just unveiled an announcement.
Gooch & Housego reported a strong first half to 31 March 2026, with revenue up 15.5% to £81.9m and adjusted profit before tax rising 13.9% to £5.8m, driven by robust demand in aerospace and defence and early recovery in industrial laser and semiconductor markets. The aerospace and defence division saw revenue surge 51.7% to £35.6m and a marked profitability improvement, helped by recent acquisitions Phoenix Optical and Global Photonics and enhanced germanium capabilities.
The order book reached a record £167.3m, providing near full cover for expected full-year revenue and underpinning management’s confidence in further profitable growth despite a volatile macro backdrop. Integration of acquired businesses is largely complete, capacity has been expanded to meet defence-related demand in the U.S., UK and Europe, and the company is mitigating tariff and supply-chain risks via re-sourcing key materials and selective price increases, while maintaining unchanged full-year guidance and its ambition for mid-teens returns over the medium term.
The most recent analyst rating on (GB:GHH) stock is a Buy
with a £740.00 price target.
To see the full list of analyst forecasts on Gooch & Housego stock,
see the GB:GHH Stock Forecast page.
Spark’s Take on GHH Stock
According to Spark, TipRanks’ AI Analyst, GHH is a Neutral.
The score is driven primarily by improving profitability and a strong technical uptrend, offset by weak cash flow performance (large free cash flow decline and low cash conversion) and a valuation that appears on the expensive side given a 25.56 P/E and modest 1.31% yield.
To see Spark’s full report on GHH stock,
click here.
More about Gooch & Housego
Gooch & Housego is a UK-headquartered photonics technology company with operations in the U.S. and Europe, specialising in advanced optical components, systems and instrumentation. Its products serve aerospace and defence, industrial and telecom, and life sciences markets, where it offers design, development and manufacturing expertise across a broad range of complementary photonic technologies.
Average Trading Volume: 98,590
Technical Sentiment Signal: Buy
Current Market Cap: £295.6M
For a thorough assessment of GHH stock, go to TipRanks’ Stock Analysis page.