Drax Group plc (LON:DRX)

London flag London · Delayed Price · Currency is GBP · Price in GBX
784.50
+3.00 (0.38%)
Jun 12, 2026, 5:15 PM GMT
Market Cap2.64B +12.5%
Revenue (ttm)5.39B -12.5%
Net Income73.00M -86.1%
EPS0.20 -85.0%
Shares Out 336.22M
PE Ratio38.84
Forward PE9.87
Dividend0.29 (3.70%)
Ex-Dividend DateApr 23, 2026
Volume2,842,183
Open782.50
Previous Close781.50
Day's Range775.50 - 786.50
52-Week Range613.90 - 937.50
Beta0.63
AnalystsHold
Price Target953.67 (+21.56%)
Earnings DateJul 30, 2026

About Drax Group

Drax Group plc, together with its subsidiaries, engages in renewable power generation in the United Kingdom. The company operates through four segments: Pellet Production, Biomass Generation, Flexible Generation, and Energy Solutions. The company provides renewable, dispatchable power, and system support services. It is involved in production and sale of biomass pellets; generation and sale of electricity from biomass assets, pumped storage, run-of-river hydro, and OCGTs assets; and processing and sale of waste-derived pellets, as well as suppl... [Read more]

Sector Utilities
Founded 2005
Employees 2,974
Stock Exchange London Stock Exchange
Ticker Symbol DRX
Full Company Profile

Financial Performance

In 2025, Drax Group's revenue was 5.39 billion, a decrease of -12.52% compared to the previous year's 6.16 billion. Earnings were 73.00 million, a decrease of -86.14%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for DRX stock is "Hold." The 12-month stock price target is 954p, which is an increase of 21.56% from the latest price.

Price Target
954p
(21.56% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Drax Group Pauses Buyback as £561M Bluefield Solar Deal Boosts UK Renewables

Drax Group LON: DRX Chief Executive Will Gardiner said the company's recommended all-cash offer to acquire Bluefield Solar Income Fund would significantly expand Drax's U.K. renewables business and br...

12 days ago - MarketBeat

Drax Group Transcript: M&A announcement

A £561 million all-cash acquisition of a UK renewables fund will boost generating capacity by 19%, deliver significant synergies, and support long-term growth in renewables, with strong contracted cash flows and a robust development pipeline.

12 days ago - Transcripts

Drax Group Press release: M&A announcement

Drax Group issued a press release on June 1, 2026, disclosing material business information to investors.

12 days ago - Filings

Drax Group Slides: M&A announcement

Drax Group has posted slides in relation to its latest quarterly earnings report, which was published on June 1, 2026.

12 days ago - Filings

UK's Drax to buy Bluefield Solar Income Fund in $755 million deal

British power ​group Drax ‌said on Monday ​it has ​agreed to buy ⁠Bluefield ​Solar Income ​Fund (BSIF) in a deal ​that ​values the renewable ‌energy-focused ⁠investment company at about £561 million (...

12 days ago - Reuters

Drax Group Earnings release: Trading update

Drax Group released its earnings on April 30, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Drax Group Earnings Call Transcript: H2 2025

Strong 2025 results with record renewable output, robust cash flow, and a solid balance sheet support growth in FlexGen and battery storage. Strategic focus remains on U.K. energy transition, disciplined capital allocation, and managing risks in the Canadian pellet business.

3 months ago - Transcripts

Drax Group Annual report: H2 2025

Drax Group has published its H2 2025 annual report on February 26, 2026.

3 months ago - Filings

Drax Group Annual report: H2 2025

Drax Group has published its H2 2025 annual report on February 26, 2026.

3 months ago - Filings

Drax Group Slides: H2 2025

Drax Group has posted slides in relation to its H2 2025 quarterly earnings report, which was published on February 26, 2026.

3 months ago - Filings

UK's power firm Drax Group says it could cut over 10% jobs

Drax Group on Tuesday said it could cut more than 350 jobs in the UK and North America as part of the power firm's long-term strategy to bolster UK energy security and advance its transition to lower-...

4 months ago - Reuters

Drax Group Earnings release: Trading Update

Drax Group released its earnings on December 11, 2025, summarizing the period's financial results.

6 months ago - Filings

Drax Group Earnings Call Transcript: H1 2025

Strong H1 performance with record pellet output, robust cash flow, and a new £450m buyback extension. Post-2027 EBITDA target reaffirmed, with growth focused on FlexGen, energy solutions, and disciplined capital allocation.

11 months ago - Transcripts

Drax Group Quarterly report: H1 2025

Drax Group has published its H1 2025 quarterly earnings report on July 31, 2025.

11 months ago - Filings

Drax Group Slides: H1 2025

Drax Group has posted slides in relation to its H1 2025 quarterly earnings report, which was published on July 31, 2025.

11 months ago - Filings

Drax posts 66% jump in annual profit, raises dividend

Drax Group , the UK's largest source of renewable electricity, posted a 66% jump in annual profit and raised its dividend on Thursday, supported by robust renewable power generation.

2 years ago - Reuters

Drax reports higher half-year profit on robust demand, elevated prices

British power generator Drax Group reported a rise in half-year profit on Thursday, buoyed by robust demand for renewable power and substantially high energy prices.

3 years ago - Reuters