Ocado Group Future Growth

Future criteria checks 1/6

Ocado Group is forecast to grow earnings and revenue by 10.2% and 8.1% per annum respectively. EPS is expected to grow by 10.3% per annum. Return on equity is forecast to be -10.1% in 3 years.

Key information

10.2%

Earnings growth rate

10.3%

EPS growth rate

Consumer Retailing earnings growth	11.3%
Revenue growth rate	8.1%
Future return on equity	-10.1%
Analyst coverage	Good
Last updated	25 Apr 2024

Recent future growth updates

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

Mar 04

Recent updates

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

Apr 20

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

Mar 04

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

Jan 01

The Ocado Group (LON:OCDO) Share Price Is Up 616% And Shareholders Are Delighted

Dec 22

Earnings and Revenue Growth Forecasts

LSE:OCDO - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
11/30/2026	3,545	-330	-352	333	10
11/30/2025	3,320	-305	-290	281	13
11/30/2024	3,035	-363	-319	172	14
12/3/2023	2,825	-314	-454	82	N/A
9/3/2023	2,725	-395	-578	34	N/A
5/28/2023	2,622	-477	-701	-14	N/A
2/28/2023	2,568	-466	-740	-3	N/A
11/27/2022	2,517	-455	-778	8	N/A
8/27/2022	2,479	-405	-831	-48	N/A
5/29/2022	2,441	-354	-885	-104	N/A
2/28/2022	2,470	-288	-796	-60	N/A
11/28/2021	2,498	-223	-707	-16	N/A
8/28/2021	2,532	-191	-555	69	N/A
5/30/2021	2,565	-159	-404	153	N/A
2/28/2021	2,448	-147	-315	189	N/A
11/29/2020	2,332	-134	-226	225	N/A
8/29/2020	2,146	-129	-165	223	N/A
5/31/2020	1,961	-123	-104	221	N/A
2/29/2020	1,859	-168	-156	136	N/A
12/1/2019	1,757	-213	-208	52	N/A
9/1/2019	1,721	-196	-173	69	N/A
6/2/2019	1,686	-179	-137	87	N/A
3/2/2019	1,642	-112	-89	108	N/A
12/2/2018	1,599	-45	-42	128	N/A
9/2/2018	1,567	-37	-49	118	N/A
6/3/2018	1,536	-30	-57	108	N/A
3/3/2018	1,495	-19	-60	113	N/A
12/3/2017	1,455	-8	-63	118	N/A
9/3/2017	1,428	1	N/A	107	N/A
5/28/2017	1,401	11	N/A	96	N/A
2/28/2017	1,336	12	N/A	97	N/A
11/27/2016	1,271	12	N/A	97	N/A
8/27/2016	1,228	13	N/A	94	N/A
5/15/2016	1,184	13	N/A	91	N/A
2/15/2016	1,146	13	N/A	87	N/A
11/29/2015	1,108	12	N/A	83	N/A
8/29/2015	1,067	9	N/A	83	N/A
5/17/2015	1,027	7	N/A	83	N/A
2/17/2015	988	7	N/A	79	N/A
11/30/2014	949	7	N/A	76	N/A
8/31/2014	907	3	N/A	73	N/A
5/18/2014	866	-1	N/A	70	N/A
2/18/2014	829	-7	N/A	65	N/A
12/1/2013	792	-12	N/A	60	N/A
9/1/2013	759	-9	N/A	54	N/A
5/19/2013	727	-6	N/A	48	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OCDO is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: OCDO is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: OCDO is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: OCDO's revenue (8.1% per year) is forecast to grow faster than the UK market (3.4% per year).

High Growth Revenue: OCDO's revenue (8.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OCDO is forecast to be unprofitable in 3 years.

Discover growth companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Ocado Group Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target decreased by 20% to UK£6.32

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

Consensus EPS estimates fall by 18%

Forecast to breakeven in 2026

Ocado Group plc Provides Financial Guidance for 2023

Price target increased by 7.6% to UK£8.85

Recent updates

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

Price target decreased by 20% to UK£6.32

Ocado Group plc Announces Rick Haythornthwaite Will Not Seek Re-Election to the Ocado Board At Its AGM in April 2025

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 18%

Ocado Group Announces Board Changes

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

Forecast to breakeven in 2026

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

High number of new directors

Ocado Group plc Provides Financial Guidance for 2023

Ocado Group plc, Annual General Meeting, Apr 29, 2024

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

Ocado and Autostore Settle All Litigation

Price target increased by 7.6% to UK£8.85

First half 2023 earnings released: UK£0.29 loss per share (vs UK£0.29 loss in 1H 2022)

Ocado Group plc Announce Executive Changes, Effective from 1 September 2023

Ocado Group plc Announce Executive Changes, Effective from 1 September 2023

Price target decreased by 7.0% to UK£8.14

Price target decreased by 10.0% to UK£8.20

Consensus EPS estimates fall by 15%

Full year 2022 earnings released: UK£0.59 loss per share (vs UK£0.30 loss in FY 2021)

Ocado Group plc to Report First Half, 2023 Results on Jul 18, 2023

Ocado Group plc Announces Management Changes

Price target decreased to UK£10.27

Consensus EPS estimates fall by 14%

Independent Non-Executive Director recently bought UK£2.7m worth of stock

Consensus EPS estimates fall by 10%

Price target decreased to UK£10.78

Ocado Group plc Announces Appointment of Mark Richardson as Chief Executive Officer of New Business

Ocado Group plc, Annual General Meeting, May 02, 2023

First half 2022 earnings released: UK£0.29 loss per share (vs UK£0.11 loss in 1H 2021)

Price target decreased to UK£12.04

Ocado Group plc Announces Board Committee Changes

Price target decreased to UK£13.91

Ocado Group plc has completed a Follow-on Equity Offering in the amount of £576.95892 million.

Price target decreased to UK£15.28

Price target decreased to UK£15.28

Price target decreased to UK£16.16

Ocado Group plc (LSE:OCDO) agreed to acquire remaining majority stake in Myrmex, Inc. from Odyssey Venture Partners for €10.2 million.

Independent Non-Executive Chairman recently bought UK£100k worth of stock

Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Now 23% undervalued after recent price drop

Autostore Holdings Ltd. Announces Update on Litigation with Ocado Group plc

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

Consensus forecasts updated

Administrative Law Judge Issues Initial Determination in Autostore's International Trade Commission Patent Case Against Ocado Group plc

Consensus forecasts updated

Ocado Group plc Provides Revenue Guidance for the Fiscal Year 2022

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

Board Member recently bought UK£199k worth of stock

First half 2021 earnings released: UK£0.10 loss per share (vs UK£0.082 loss in 1H 2020)

Ocado Group plc Maintains Earnings Guidance for the Fiscal Year 2021

Is Ocado Group plc (LON:OCDO) Worth UK£19.2 Based On Its Intrinsic Value?

Non-Executive Chairman Stuart Alan Rose has left the company

Health Check: How Prudently Does Ocado Group (LON:OCDO) Use Debt?

COO & Executive Director recently sold UK£4.4m worth of stock

CEO & Executive Director exercised options and sold UK£1.7m worth of stock

Independent Non-Executive Director recently bought UK£16m worth of stock

3I Group plc Appoints Stephen Daintith as a Director of the Company, Effective 22 March 2021

Ocado Group plc Provides Revenue Guidance for the Second Quarter of Fiscal 2021

New 90-day low: UK£21.38

Ocado Group plc, Annual General Meeting, May 13, 2021

Ocado Group plc Names Stephen Daintith as an Executive Director, with effect from 22 March 2021

Analysts update estimates

Should You Be Impressed By Ocado Group's (LON:OCDO) Returns on Capital?

Full year 2020 earnings released: UK£0.17 loss per share (vs UK£0.29 loss in FY 2019)