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Ensilica PLC (ENSI) AI Stock Analysis

GB:ENSI

Ensilica PLC

(LSE:ENSI)

Select Model
Rating:60Neutral
Price Target:GBX 82.00â–²(6.15% Upside)
Action:reiterated
Date:10/06/26

The score is primarily supported by improving financial performance (strong FY2026 growth, return to profit, and solid cash generation) and a healthier balance sheet. This is tempered by mixed technical signals (slightly negative MACD and below the 100-day average) and a demanding valuation (very high P/E with no dividend yield provided).

Positive Factors
Revenue reboundThe strong FY2026 revenue rebound indicates improving customer demand and execution across EnSilica’s semiconductor design activities. If sustained, renewed top-line growth can provide operating leverage, support investment in engineering capabilities, and improve the company’s ability to convert its specialist offering into durable earnings.
Negative Factors
Negative EBITNegative EBIT shows that the latest recovery has not yet produced consistently positive operating profitability after operating items. This indicates ongoing cost pressure and limits confidence in the durability of earnings, because revenue growth may need to continue strongly before the business achieves a stable operating profit.

Ensilica PLC (ENSI) vs. iShares MSCI United Kingdom ETF (EWC)

-50%0%50%100%150%200%GB:ENSI+81.40%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
GBP 104.70M
Dividend Yield
―
Average Volume (3M)
363.30K
Price to Earnings (P/E)
82.1
Beta (1Y)
0.46
Revenue Growth
52.93%
EPS Growth
―
Country
UK
Employees
204
Sector
Technology
Sector Strength
61
Industry
Semiconductors

Ensilica PLC Business Overview & Revenue Model

Company Description

EnSilica plc operates as a global provider, specializing in the creation and delivery of bespoke mixed-signal Application Specific Integrated Circuits (ASICs). Beyond these custom silicon solutions, the company also develops and licenses foundational...

Ensilica PLC Financial Statement Overview

Summary

Financials indicate a recovery with strong FY2026 revenue growth (+28.5%), a return to positive net income, and solid operating/free cash flow. Balance sheet leverage is manageable and improved (low debt-to-equity). Offsetting this, profitability and cash flows have been volatile across years and FY2026 EBIT remains negative, suggesting cost pressure and an uneven earnings run-rate.

Income Statement

64Positive

Balance Sheet

72Positive

Cash Flow

67Positive
Financial statement breakdown
BreakdownTTMMay 2025May 2024May 2023May 2022May 2022
Income Statement
Total Revenue27.81M27.81M18.18M25.27M15.29M20.48M
Gross Profit9.60M9.60M7.33M9.00M5.05M8.17M
EBITDA2.44M1.64M-2.25M1.69M362.00K1.56M
Net Income1.24M1.24M-2.73M-182.00K149.00K1.79M
Balance Sheet
Total Assets56.13M56.13M40.07M37.21M19.84M27.49M
Cash, Cash Equivalents and Short-Term Investments7.56M7.56M1.96M5.16M5.74M3.10M
Total Debt6.86M6.86M7.98M6.12M5.16M6.44M
Total Liabilities24.69M24.69M19.17M14.81M7.69M11.52M
Stockholders Equity31.44M31.44M20.90M22.40M12.15M15.96M
Cash Flow
Free Cash Flow5.11M5.11M521.00K3.34M-1.67M-3.50M
Operating Cash Flow5.57M5.57M1.20M4.27M851.00K1.02M
Investing Cash Flow-6.92M-6.92M-6.48M-7.35M-2.49M-4.53M
Financing Cash Flow7.20M7.20M2.19M5.23M5.40M72.00K

Ensilica PLC Technical Analysis

Technical Analysis SentimentNeutral
Last Price77.25

Price Trends

50DMA76.90Positive
100DMA81.81Negative
200DMA74.05Positive

Market Momentum

MACD-0.15Positive
RSI48.87Neutral
STOCH68.89Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ENSI, the sentiment is Neutral. The current price of 77.25 is below the 20-day moving average (MA) of 81.14, above the 50-day MA of 76.90, and above the 200-day MA of 74.05, indicating a neutral trend. The MACD of -0.15 indicates Positive momentum. The RSI at 48.87 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ENSI.

Ensilica PLC Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

GB:ENSI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
GB:MWEGB:MWE79OutperformGBP 53.46M13.9817.02%4.15%7.22%12.69%
GB:CNCGB:CNC76OutperformGBP 265.26M48.5911.21%0.40%7.62%7.71%
GB:TTGGB:TTG63NeutralGBP 347.99M-9.73-24.38%―-2.68%47.33%
Sector *61Neutral$37.18B12.37-10.20%1.83%8.50%-7.62%
GB:ENSIGB:ENSI60NeutralGBP 104.70M82.114.77%―52.93%―
GB:CMLGB:CML56NeutralGBP 49.26M295.00-0.11%3.73%-10.70%-200.00%
GB:FTCGB:FTC56NeutralGBP 500.14M107.7311.47%―-1.40%-67.76%

* Technology Sector Average

Performance Comparison

0%100%200%GB:ENSIGB:CMLGB:CNCGB:FTCGB:MWEGB:TTGDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
GB:ENSI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
GB:ENSIEnsilica PLC78.0034.5079.31%
GB:CMLCML Microsystems295.001.260.43%
GB:CNCConcurrent Technologies292.0052.0621.70%
GB:FTCFiltronic plc223.0091.0068.94%
GB:MWEMTI Wireless Edge62.0022.8758.43%
GB:TTGTT Electronics195.0043.6028.80%

Ensilica PLC Corporate Events

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing

EnSilica posts record year as it scales ASIC supply platform and secures major contracts

Positive
Oct 5, 2026

EnSilica reported a record financial year to May 2026, with revenue rising 53% to £27.8m and EBITDA reaching £5.9m as it transitioned from a pure design services provider to a semiconductor design-and-supply platform. The group now has five...

Business Operations and StrategyFinancial Disclosures

EnSilica sets date for 2026 final results and investor briefing

Neutral
Oct 1, 2026

EnSilica plc, a leading fabless microchip maker with a growing portfolio of reusable IP, designs application-specific chips for space and communications, photonics, industrial and automotive markets, where safety, security and reliability are critica...

Business Operations and Strategy

EnSilica to Open Milan Semiconductor Hub for Space and Communications

Positive
Sep 8, 2026

EnSilica plc is expanding its European footprint by opening a new Space & Communications Semiconductor Centre of Excellence in Milan, Italy, a major hub for semiconductor, communications and space technology. The fabless chipmaker, known for its...

Business Operations and Strategy

EnSilica Wins €1.7m Satellite ASIC Contract and Joins EU 5G Satcom Project

Positive
Aug 3, 2026

EnSilica has secured a €1.7 million contract for the second phase of a satellite payload communications ASIC programme with a leading European satellite manufacturer. The 10-month phase will see the company develop system architecture, signal p...

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: Oct 06, 2026