David Farrell, an analyst from Jefferies, maintained the Hold rating on Oxford Instruments. The associated price target remains the same with p2,120.00.
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.
David Farrell’s rating is based on several factors impacting Oxford Instruments. The company’s core Imaging & Analysis division has faced challenges due to global economic uncertainties, leading to a decline in orders and expected revenue. This has resulted in a downward revision of EBITA and revenue forecasts for the first half of the fiscal year 2026. The lower operational throughput in this high-margin segment is expected to negatively affect the company’s financial performance.
While the Advanced Technologies segment has shown positive order intake, it is also expected to experience a revenue decline in the first half. Despite some optimism for a recovery in the second half, there remains uncertainty about whether this recovery has been fully de-risked. These factors combined have led David Farrell to issue a Hold rating, suggesting a cautious approach given the current market conditions and the company’s financial outlook.
According to TipRanks, Farrell is a 4-star analyst with an average return of 11.7% and a 66.67% success rate. Farrell covers the Industrials sector, focusing on stocks such as Volution, QinetiQ, and ZIGUP plc.
In another report released on October 2, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a p2,014.00 price target.