Mears Group Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Mears Group stock has a consensus rating of "Strong Buy" and an average price target of 498p. The average 1-year stock price forecast is 23.62% higher than the current stock price, while the lowest is 440p (+9.18%) and the highest is 565p (+40.20%).

Price Target: 498p (+23.62%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	440p	498p	510p	565p
Change	+9.18%	+23.62%	+26.43%	+40.20%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Mears Group stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	6	6	6	6	6	6
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Deutsche Bank No rating	Deutsche Bank	Buy Reiterates 520p	Buy	Reiterates	520p	+29.03%	May 15, 2026
Alex Smith CFA Berenberg Bank	Berenberg Bank	Buy Reiterates 565p	Buy	Reiterates	565p	+40.20%	Mar 26, 2026

Financial Forecast

Revenue This Year

1.04B

from 1.14B

-8.63%

from 1.14B

Revenue Next Year

977.91M

from 1.04B

-5.74%

from 1.04B

EPS This Year

0.45

from 0.54

-16.47%

from 0.54

EPS Next Year

0.41

from 0.45

-8.01%

from 0.45

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	878.42M	959.61M	1.09B	1.13B	1.14B	1.04B
Revenue Growth	9.01%	9.24%	13.52%	3.96%	0.26%	-8.63%
Gross Profit	180.49M	195.69M	218.77M	253.25M	265.84M	242.77M
Gross Margin	20.55%	20.39%	20.08%	22.36%	23.41%	23.40%
Operating Income	23.42M	41.12M	52.84M	72.43M	76.38M	58.86M
Net Income	14.12M	28.31M	35.20M	46.53M	46.22M	37.21M
EPS	-	-	-	-	0.54	0.45
EPS Growth	-	-	-	-	10.23%	-16.47%
Forward PE	9.85	9.45	12.42	8.76	8.00	8.96
Dividend / Share	0.08	0.11	0.13	0.16	0.18	0.18
Dividend Growth	-	31.25%	23.81%	23.08%	9.37%	4.32%
Free Cash Flow	25.14M	94.43M	84.60M	79.91M	31.53M	56.40M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Revenue	2026	2027	2028
High	1.1B
Avg	1.0B
Low	1.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-6.7%
Avg	-8.6%
Low	-10.6%

EPS Forecast

EPS	2026	2027	2028
High	0.48
Avg	0.45
Low	0.44

EPS Growth

EPS Growth	2026	2027	2028
High	-11.0%
Avg	-16.5%
Low	-18.7%