Simply Wall St's fair value estimate for Future edged down from £5.02 to £5.01, reflecting a sharp revision in revenue growth assumptions from 22.72% growth to a 47.14% decline. The profit margin estimate ticked up to 8.23% from 8.05%, while the P/E multiple moved to 8.63x from 8.68x and the discount rate eased to 9.75% from 9.86%. Analyst price targets now span from £3.55 to £7.40, with JPMorgan maintaining an Overweight rating and a 740 GBp target, while Stifel cut its rating to Hold and slashed its target to 355 GBp from 990 GBp, highlighting deep divisions over Future's growth reliability and execution risk.
Future PLCStifel downgraded Future to Hold and slashed its price target from 990p to 355p, reflecting concerns over growth reliability and execution risk.
JPMorgan Chase & Co