QinetiQ stock falls 1.04 percent as targets stay above price

Published on 10/04/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

QinetiQ stock faces a GBP 5.635 consensus target from 12 analysts published September 16, 2026. Its FY26 update cites a GBP 4.8 billion backlog.

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QinetiQ (GB00B0WMWD03) stock last traded at GBp 476 on the London Stock Exchange on October 2, 2026 at 4:35 p.m. London time, down 1.04 percent from the prior session. The move leaves the defense technology group 17.4 percent below its 52-week high of GBp 576.50, while its 52-week low stands at GBp 398.45.

Backlog supports forward visibility

QinetiQ reported on May 21, 2026, that record order intake had lifted its backlog to GBP 4.8 billion. The company said the backlog provided visibility for fiscal year 2027 revenue growth and beyond.

That backlog is the key operating counterweight to the October 2 price decline. QinetiQ operates in defense and security markets, with testing, evaluation, engineering and technology services spanning air, land, sea and other complex systems.

Analysts keep a positive bias

According to Marketscreener on September 16, 2026, the consensus rating was Buy across 12 analysts, with an average target price of GBP 5.635. The same page listed a last close of GBP 4.978, showing that the consensus reference and the October 2 market snapshot belong to different dates.

MarketBeat reported on September 29, 2026, that three analysts rated QinetiQ Buy and two rated it Hold, while Berenberg had raised its target to GBp 610 and RBC to GBp 570. The spread of views matters because the higher targets depend on revenue growth, margin delivery and execution against the order backlog.

Interim results arrive November 12

QinetiQ lists November 12, 2026, as the confirmed date for its FY27 interim results. That report will give investors a fresh test of whether the GBP 4.8 billion backlog is translating into the revenue growth signaled in the FY26 update.

QinetiQ stock stays below its yearly high

At GBp 476 on October 2, 2026, QinetiQ stock traded 17.4 percent below its 52-week high and 19.5 percent above its 52-week low. Trading volume reached 1,360,574 shares, giving the October 2 decline a clear market-data reference without changing the longer-term backlog story.