Kingfisher, GB0033195214

Kingfisher stock gets higher profit guidance

Published on 10/04/2026 at 20:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kingfisher stock was last at GBp 328.30 on October 2 after first-half adjusted profit before tax rose 9.9 percent to GBP 404 million. Guidance now spans GBP 595 million to GBP 635 million.

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Kingfisher stock (ISIN GB0033195214) was last at GBp 328.30 on the London Stock Exchange on October 2, 2026, up 0.12 percent from the prior close. The retailer lifted its fiscal 2026/27 adjusted profit before tax guidance after first-half adjusted profit before tax rose 9.9 percent to GBP 404 million, as Reuters reported on September 22, 2026. The signal for investors is a stronger earnings outlook paired with uneven demand across the retail portfolio.

Profit guidance moves higher

Kingfisher now guides to fiscal 2026/27 adjusted profit before tax of GBP 595 million to GBP 635 million, compared with previous guidance of GBP 565 million to GBP 625 million. The midpoint therefore increases from GBP 595 million to GBP 615 million, a GBP 20 million improvement, according to Reuters.

First-half total sales, including marketplace activity, rose 1.6 percent to GBP 7.1 billion for the six months ended July 31, 2026. Underlying like-for-like sales increased 0.3 percent, while the adjusted profit figure benefited from 70 basis points of gross-margin expansion and a GBP 14 million business rates refund, Reuters reported on September 22, 2026.

Analysts stay cautious

Deutsche Bank upgraded Kingfisher to Hold and raised its price target from GBp 300 to GBp 330 in a report dated October 2, 2026, according to MarketBeat. The new target is 0.52 percent above the October 2 price of GBp 328.30, leaving the analyst action supportive but measured.

MarketBeat also reported a consensus Hold rating based on seven analysts, including two Buy ratings and five Hold ratings, with an average target of GBp 316.71. That average sits below the October 2 price, showing that the raised company outlook has not yet translated into a broadly bullish analyst stance.

Stock remains below yearly high

Kingfisher stock was last at GBp 328.30 at 4:35 p.m. BST on October 2, 2026, with a session range of GBp 327.70 to GBp 334.80 and volume of 4,152,992 shares. Its 52-week range was GBp 266.40 to GBp 372.30, while the market capitalization was GBP 5.4 billion.