Mulberry stock analysis
Want to see GB:MUL full AI Analyst Report?
Mulberry (MUL) Share Price & Analysis
MUL Stock Chart & Stats
- Day’s Range
- GBX 226.00 - GBX 280.00
- 52-Week Range
- GBX 85.00 - GBX 290.00
- Previous Close
- GBX 233.00
- Volume
- N/A
- Average Volume (3M)
- 12.21K
- Market Cap
- GBP 163.47M
- Enterprise Value
- GBP 118.72M
- Total Cash (Recent Filing)
- GBP 6.68M
- Total Debt (Recent Filing)
- GBP 65.85M
- Price to Earnings (P/E)
- ―
- Beta
- -0.05
- Next Earnings
- Nov 19, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Oct 26, 2023
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Premium Brand And Diversified Channels
A focused premium brand with multiple routes to customers can support recurring demand across handbags, small leather goods, footwear and accessories. The mix of owned retail, digital and wholesale channels also gives Mulberry several ways to reach customers and spread distribution risk.
Return To Revenue Growth
After two years of declines, the return to 6.2% revenue growth indicates demand recovered in 2026. If sustained, renewed top-line expansion can improve operating leverage and provide a broader base for rebuilding profitability over the next several quarters.
Reduced Net Loss
The sharp reduction in the 2026 net loss from the prior year shows meaningful earnings improvement, even though the company remains unprofitable. Continued progress would reduce the scale of losses, preserve more capital, and improve the feasibility of funding operations internally.
Bears Say
Negative Equity And High Debt
Negative equity alongside debt in the mid-£60m range leaves a thin capital cushion and reduces financial flexibility. Worsening equity and declining assets increase balance-sheet pressure, making it harder to absorb setbacks or fund strategic investment without relying on external capital.
Return To Cash Burn
Operating cash flow of about -£1.0m and free cash flow of about -£1.4m in 2026 mark a reversal from 2025. Recurring or repeated cash burn would constrain reinvestment, debt service capacity and resilience, even if reported losses continue to narrow.
Volatile Revenue And Earnings Profile
The business remains loss-making, with an approximately £8.4m net loss in 2026, and profitability has been inconsistent since 2024 after profits in 2022–2023. This unstable earnings record makes durable margins uncertain and raises execution risk over the medium term.
Mulberry News
MUL FAQ
What was Mulberry’s price range in the past 12 months?
What is Mulberry’s market cap?
When is Mulberry’s upcoming earnings report date?
How were Mulberry’s earnings last quarter?
Is Mulberry overvalued?
Does Mulberry pay dividends?
What is Mulberry’s EPS estimate?
How many shares outstanding does Mulberry have?
What happened to Mulberry’s price movement after its last earnings report?
Which hedge fund is a major shareholder of Mulberry?
What is the TipRanks Smart Score and how is it calculated?
Mulberry Stock Smart Score
Company Description
Mulberry
Mulberry Group plc, operating internationally through its various subsidiaries, specializes in the design and production of high-end fashion accessories and apparel. The company maintains a significant presence across the United Kingdom, the Asia Pacific region, and numerous other global markets. Its comprehensive product line, catering to both men and women, encompasses a wide array of items including diverse bags like briefcases, messenger bags, backpacks, luggage, holdalls, and various other travel essentials. Additionally, it offers small leather goods such as wallets, purses, and pouches, alongside a broad selection of accessories including sunglasses, scarves, gloves, hats, belts, cufflinks, keyrings, shoes, and jewelry. The portfolio further extends to organizers, specialized leather care products, gift items, ready-to-wear clothing, and eyewear. Products bearing the distinctive Mulberry brand are distributed via multiple channels, including the company's proprietary retail stores, dedicated concessions, wholesale partnerships, and its e-commerce platform. Founded in 1971, Mulberry Group plc is headquartered in Bath, United Kingdom, and operates as a subsidiary of Challice Limited.
- Sector
- Consumercyclical
- Industry
- Apparel - Footwear & Accessories
- CEO
- Andrea Baldo
- Employees
- 944
- Website
- www.mulberry.com
- Address
- The Rookery, Bath, SO, BA3 4EH, GB
Mulberry (MUL) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 4 | 4 |
| Technical Analysis | 2 | 4 | 4 |
| Moving Averages | 12 | 0 | 0 |








