Ocado Group plc

LSE:OCDO Stock Report

Market Cap: UK£1.9b

Ocado Group Dividends and Buybacks

Dividend criteria checks 0/6

Ocado Group does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-0.08%

Buyback Yield

Total Shareholder Yield-0.08%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update May 24

OCDO: Lower Revenue Assumptions And P/E Expectation Will Pressure Future Returns

Analysts have trimmed their price targets for Ocado Group by £5.77 to reflect slightly lower revenue growth assumptions, a modestly reduced discount rate and a lower future P/E expectation, partly offset by a small improvement in projected profit margins. Valuation Changes Fair Value: Held flat at £1.0, with no change in the modelled central estimate.
Narrative Update May 01

OCDO: Stable Long Term Assumptions Will Support Renewed Upside Potential

Analysts have made a small upward adjustment to their price target on Ocado Group to £2.68. This reflects fine tuning of their models around discount rate, revenue growth, profit margin and future P/E assumptions rather than a major change in view.
Narrative Update Apr 17

OCDO: Lower Discount Rate Will Support Renewed Upside Potential

Analysts have made a small upward revision to their Ocado Group fair value estimate to £2.68, citing slightly adjusted assumptions on discount rate, revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Revised slightly higher at £2.68 per share, reflecting a marginal adjustment of around 0.2%.
Narrative Update Apr 01

OCDO: Higher Future P/E Multiple Will Support Renewed Upside Potential

Analysts have updated their price target for Ocado Group to reflect revised assumptions on discount rate, revenue growth, profit margin and future P/E. The new target remains at £2.68, unchanged from the prior £2.68, indicating a stable view of fair value despite the refreshed inputs.
Narrative Update Mar 18

OCDO: Higher Future P/E Multiple Will Support Renewed Upside Potential

Analysts have trimmed their fair value estimate for Ocado Group from £2.79 to £2.68, reflecting updated assumptions for growth, margins and a higher future P/E multiple in their refreshed price target work. Valuation Changes Fair Value: reduced from £2.79 to £2.68, a cut of roughly 4% in the refreshed estimate.
Narrative Update Mar 04

OCDO: Reduced Kroger Rollout Commitments Will Likely Pressure Future Earnings Multiple

Analysts have reduced their price targets for Ocado Group to £1.00, citing updated assumptions that include a higher discount rate, lower forecast revenue growth and margins, and a much higher future P/E multiple. What's in the News Ocado Group and Kroger agreed a one off cash payment of US$350 million to Ocado after Kroger decided to adjust its Customer Fulfilment Center (CFC) network, including the planned closure of three CFCs in January 2026 and a decision not to proceed with the Charlotte, North Carolina CFC that had been scheduled to go live in 2026 (Client Announcements).
Narrative Update Feb 17

OCDO: Kroger Network Reshaping And Automation Will Support Future Upside Potential

Ocado Group's latest narrative update reflects a revised analyst fair value view that aligns with a lower Street price target of £2.90 per share, as analysts cite adjusted assumptions around revenue growth, discount rates, and future P/E levels. Analyst Commentary Recent research, including the revised £2.90 price target from JPMorgan, highlights a mixed but focused view on Ocado Group, with analysts fine tuning expectations around growth, valuation, and execution risk.
Narrative Update Feb 03

OCDO: Automation And Kroger Network Reshaping Will Drive Future Upside Potential

Analysts have trimmed their fair value estimate for Ocado Group, lowering the price target to £2.90 from £3.56, citing recent Street research and updated expectations for growth, profitability, and future P/E levels. Analyst Commentary Bullish and bearish analysts are reacting differently to the trimmed £2.90 fair value, and that gap in views can help you frame your own expectations around Ocado Group.
Narrative Update Jan 20

OCDO: Kroger Network Reshape And Cash Payment Will Drive Future Rerating

Ocado Group's analyst price target has been reduced by £0.16 to £4.21, with analysts pointing to updated fair value and discount rate assumptions and recent Street research, such as JPMorgan's cut in its target to 290 GBp, as key drivers of this reset. Analyst Commentary Recent Street research on Ocado Group has centered on recalibrated price targets and refreshed valuation work.
Analysis Article Jan 13

After Leaping 28% Ocado Group plc (LON:OCDO) Shares Are Not Flying Under The Radar

Ocado Group plc ( LON:OCDO ) shareholders have had their patience rewarded with a 28% share price jump in the last...
Narrative Update Jan 06

OCDO: Higher Discount Rate Will Likely Pressure Earnings Multiple And Share Price

Analysts have cut their price targets on Ocado Group, including one move from £3.56 to £2.90. They now see a lower fair value supported by updated assumptions for discount rate, revenue growth, profit margins and a reduced future P/E multiple.
Narrative Update Dec 18

OCDO: Automation Progress And Kroger Network Changes Will Shape Future Upside Potential

Analysts have trimmed their price target on Ocado Group to 290 GBp from 356 GBp, reflecting marginally lower revenue growth assumptions and a slightly reduced fair value and future P E multiple, despite a modestly lower discount rate. Analyst Commentary Street research updates over recent months indicate that, while the absolute price target on Ocado Group shares has been reduced in stages, the prevailing Overweight stance signals that analysts still see upside potential from current levels.
Narrative Update Dec 04

OCDO: Automation Partnerships Will Drive Long Term Upside Despite Softer Outlook

Analysts have trimmed their price target on Ocado Group to £2.90 from £3.56, reflecting slightly softer long term revenue growth and margin assumptions, even as they retain a positive stance on the shares. Analyst Commentary Recent research updates highlight a more tempered outlook on Ocado Group, with successive reductions in price targets offset by the retention of an Overweight stance.
Narrative Update Nov 20

OCDO: Technology And Automation Will Support Upside Amid Shifting Sector Dynamics

Narrative Update on Ocado Group Ocado Group's analyst price target has been reduced from £3.56 to £2.90. This change reflects analysts’ updated view on the company’s growth and profitability outlook in the current market environment.
Analysis Article Nov 19

Ocado Group plc's (LON:OCDO) 26% Cheaper Price Remains In Tune With Revenues

To the annoyance of some shareholders, Ocado Group plc ( LON:OCDO ) shares are down a considerable 26% in the last...
Narrative Update Nov 05

OCDO: Cost Efficiencies And Technology Rollout Will Drive Long-Term Upside Potential

Ocado Group's analyst price target has been reduced from £4.37 to £3.56, as analysts cite that a higher discount rate is affecting fair value projections. Analyst Commentary Analyst sentiment around Ocado Group remains mixed, with adjustments to price targets reflecting evolving views on the company's growth prospects, execution risks, and current valuation.
Narrative Update Oct 22

Analyst Commentary Highlights Mixed Outlook and Valuation Adjustments for Ocado Group

Narrative Update on Ocado Group Analysts have reduced Ocado Group's price target by £0.81 to £3.56, citing recent reassessments of company fundamentals and ongoing market challenges. Analyst Commentary Recent analyst activity has centered on Ocado Group's updated valuation and market trajectory.
Narrative Update Oct 08

Automated Fulfilment Will Offer Upside Amid Margin Risks

Narrative Update: Ocado Group Analyst Price Target Adjustment Analysts have revised Ocado Group's price target downward by £0.81 to £3.56. This adjustment is attributed to slightly softer revenue growth expectations, along with a marginal increase in discount rate assumptions.
Narrative Update Sep 20

Automated Fulfilment Will Offer Upside Amid Margin Risks

Ocado Group’s fair value has been revised downward to £3.14, reflecting analyst concerns over sustained cash burn, slower-than-expected international deal flow, rising competition, delayed profitability, and continued weakness in UK retail. Analyst Commentary Bearish analysts are concerned about persistent cash burn and negative free cash flow, impacting Ocado's ability to self-fund growth.
Analysis Article Sep 13

Ocado Group plc's (LON:OCDO) Stock Retreats 32% But Revenues Haven't Escaped The Attention Of Investors

Ocado Group plc ( LON:OCDO ) shareholders won't be pleased to see that the share price has had a very rough month...
Narrative Update Sep 04

Automated Fulfilment Will Offer Upside Amid Margin Risks

Ocado Group's consensus analyst price target saw only a marginal increase to £3.24, as ongoing operational challenges, muted order growth, and concerns over profitability and scalability continue to weigh on sentiment. Analyst Commentary Bearish analysts cite ongoing operational challenges and a lack of near-term profitability as key factors driving lower price targets.
Analysis Article Aug 20

Newsflash: Ocado Group plc (LON:OCDO) Analysts Have Been Trimming Their Revenue Forecasts

LSE:OCDO 1 Year Share Price vs Fair Value Explore Ocado Group's Fair Values from the Community and select yours Market...
Analysis Article Jul 20

Investors Appear Satisfied With Ocado Group plc's (LON:OCDO) Prospects As Shares Rocket 34%

Ocado Group plc ( LON:OCDO ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Jul 03

Calculating The Intrinsic Value Of Ocado Group plc (LON:OCDO)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Ocado Group fair value estimate is UK£2.04 Ocado Group's...
Analysis Article May 29

Is Ocado Group (LON:OCDO) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 22

Shareholders May Be More Conservative With Ocado Group plc's (LON:OCDO) CEO Compensation For Now

Key Insights Ocado Group will host its Annual General Meeting on 29th of April Salary of UK£815.0k is part of CEO Tim...
Analysis Article Mar 05

Ocado Group plc (LON:OCDO) Shares Slammed 25% But Getting In Cheap Might Be Difficult Regardless

Ocado Group plc ( LON:OCDO ) shareholders that were waiting for something to happen have been dealt a blow with a 25...
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New Narrative Mar 02

Deploying On Grid Robotic Pick Systems Will Reduce Labor Costs And Improve Future Efficiency

Ocado's automation systems and strategic cost control are expected to improve net margins and boost earnings in the coming years.
Analysis Article Feb 28

Is Ocado Group (LON:OCDO) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 13

Is It Too Late To Consider Buying Ocado Group plc (LON:OCDO)?

Ocado Group plc ( LON:OCDO ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Dec 18

Ocado Group plc's (LON:OCDO) Intrinsic Value Is Potentially 25% Below Its Share Price

Key Insights The projected fair value for Ocado Group is UK£2.28 based on 2 Stage Free Cash Flow to Equity Ocado Group...
Analysis Article Nov 20

Revenues Tell The Story For Ocado Group plc (LON:OCDO)

When close to half the companies in the Consumer Retailing industry in the United Kingdom have price-to-sales ratios...
Analysis Article Aug 27

Here's Why Ocado Group (LON:OCDO) Can Afford Some Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 23

Why Investors Shouldn't Be Surprised By Ocado Group plc's (LON:OCDO) 36% Share Price Surge

Ocado Group plc ( LON:OCDO ) shares have had a really impressive month, gaining 36% after a shaky period beforehand...
Analysis Article May 26

Ocado Group (LON:OCDO) Is Making Moderate Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 20

Ocado Group plc's (LON:OCDO) Stock Retreats 26% But Revenues Haven't Escaped The Attention Of Investors

Unfortunately for some shareholders, the Ocado Group plc ( LON:OCDO ) share price has dived 26% in the last thirty...
Analysis Article Mar 04

Analysts Are Updating Their Ocado Group plc (LON:OCDO) Estimates After Its Yearly Results

Ocado Group plc ( LON:OCDO ) defied analyst predictions to release its full-year results, which were ahead of market...
Analysis Article Jan 01

Ocado Group plc's (LON:OCDO) P/S Is Still On The Mark Following 28% Share Price Bounce

The Ocado Group plc ( LON:OCDO ) share price has done very well over the last month, posting an excellent gain of 28...
Analysis Article Nov 09

Here's Why Ocado Group (LON:OCDO) Can Afford Some Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 31

We Think Ocado Group (LON:OCDO) Has A Fair Chunk Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if OCDO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OCDO's dividend payments have been increasing.


Dividend Yield vs Market

Ocado Group Dividend Yield vs Market
How does OCDO dividend yield compare to the market?
SegmentDividend Yield
Company (OCDO)n/a
Market Bottom 25% (GB)2.2%
Market Top 25% (GB)5.6%
Industry Average (Consumer Retailing)3.7%
Analyst forecast (OCDO) (up to 3 years)0%

Notable Dividend: Unable to evaluate OCDO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OCDO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate OCDO's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as OCDO has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 07:32
End of Day Share Price 2026/05/29 00:00
Earnings2025/11/30
Annual Earnings2025/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ocado Group plc is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alex PoundArete Research Services LLP
Thomas DaviesBerenberg
William WoodsBernstein