Defence stocks are some of the hottest in Europe right now as government’s ramp-up military spending in response to developments in Ukraine. Donald Trump’s push for European nations to take more ...
The stock had its worst-ever one-day percentage fall after the defense company cut its revenue outlook for fiscal 2025, citing geopolitical uncertainty in the U.S. and delayed orders.
Shares in QinetiQ slumped by a fifth on Monday as the UK defence contractor said it would take a £140m impairment charge amid persistently tough market conditions and contract delays.
QinetiQ Group downgraded its revenue target for fiscal 2025 due to continuing delays of contract awards, and said it expects an impairment of around 140 million pounds ($181.1 million) from its U ...
Citi cut its price target on Qinetiq on Wednesday to 510p from 530p as it said near-term uncertainty was an overhang but long ...
European stocks started the new trading week in positive territory, though investors will be looking to see if global market volatility continues.
Despite an increased focus on defence spending, the QinetiQ Group share price fell heavily on 17 March. Our writer takes a ...
Investors might be pricing in the impact of planned European military spending increases too quickly.
In a report released today, Sam Burgess from Citi maintained a Buy rating on QinetiQ (QQ – Research Report), with a price target of £5.10. The ...
QinetiQ has been awarded a AU$47 million contract to support Australia’s Defence Aviation Safety Authority (DASA). This ...
QinetiQ’s shares experienced its worst-ever one-day percentage fall after the U.K. defense company cut its revenue outlook for fiscal 2025, citing geopolitical uncertainty in the U.S. and ...