Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tern plc ( (GB:TERN) ) has shared an announcement.
Tern plc announced the results of its Open Offer, which closed on 14 October 2025, resulting in the issuance of 30,227,239 new Ordinary Shares and raising approximately £151,136. This move follows the failure to pass a resolution at the company’s AGM to issue new shares without pre-emption rights. The company is also implementing cost-saving measures, including a 50% salary reduction for directors and executive managers, to extend its cash runway into Q1 2026. Tern is exploring alternative funding solutions to meet its financial requirements, which may involve more costly or dilutive options.
The most recent analyst rating on (GB:TERN) stock is a Sell with a £0.50 price target. To see the full list of analyst forecasts on Tern plc stock, see the GB:TERN Stock Forecast page.
Spark’s Take on GB:TERN Stock
According to Spark, TipRanks’ AI Analyst, GB:TERN is a Underperform.
Tern plc’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenue and negative profitability. The technical analysis indicates bearish momentum, and the valuation is unattractive due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.
To see Spark’s full report on GB:TERN stock, click here.
More about Tern plc
Tern plc is a company focused on creating value from Internet of Things (IoT) technology businesses.
Average Trading Volume: 2,619,340
Technical Sentiment Signal: Sell
Current Market Cap: £3.66M
See more insights into TERN stock on TipRanks’ Stock Analysis page.