Renishaw plc

LSE:RSW Stock Report

Market Cap: UK£3.7b

Renishaw Future Growth

Future criteria checks 4/6

Renishaw is forecast to grow earnings and revenue by 24.3% and 6.8% per annum respectively. EPS is expected to grow by 24.3% per annum. Return on equity is forecast to be 14.1% in 3 years.

Key information

24.3%

Earnings growth rate

24.33%

EPS growth rate

Electronic earnings growth18.4%
Revenue growth rate6.8%
Future return on equity14.14%
Analyst coverage

Good

Last updated12 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 03

RSW: Updated Earnings Guidance And P/E Assumptions Will Shape Longer Term Multiple

Analysts have lifted their fair value estimate for Renishaw from £47.50 to £50.00, citing updated assumptions on revenue growth, profit margins, and a slightly adjusted P/E multiple, consistent with recent Street research that includes a £2.10 increase in the bank price target. Analyst Commentary Recent Street research points to a more constructive tone around Renishaw, with bullish analysts reflecting this in higher valuation markers and refreshed assumptions in their models.
Narrative Update • Apr 19

RSW: CFO Appointment And FY2026 Guidance Will Support Balanced Long Term Outlook

Analysts have kept their fair value estimate for Renishaw steady at £40.03 per share, with minor adjustments to inputs such as the discount rate and the assumed future P/E multiple shaping the latest price target update. What's in the News Renishaw appointed John Shipsey as Chief Financial Officer, effective 13 April 2026, following a comprehensive search process.
Narrative Update • Apr 04

RSW: FY2026 Guidance And Analyst Day Will Shape Balanced Long Term Outlook

Analysts have trimmed their fair value estimate for Renishaw to £40.03 from £41.69, citing slightly adjusted assumptions on the discount rate, revenue growth, profit margin and future P/E that together point to a modestly lower price target. What's in the News Renishaw held an Analyst/Investor Day, giving the market an opportunity to hear directly from management and ask questions on the business and outlook (Key Developments).
Narrative Update • Mar 21

RSW: FY2026 Guidance And Analyst Day Will Support Stronger Long Term Appeal

Analysts have modestly raised their fair value estimate for Renishaw from £40.41 to £41.69, linking the change to updated assumptions for revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Renishaw held an Analyst/Investor Day, giving the market a chance to hear directly from management and ask detailed questions about the business and outlook (Key Developments).
Narrative Update • Mar 06

RSW: Future Spectroscopy Collaboration Will Support Stronger Long Term Earnings Multiple

Analysts have lifted their price target on Renishaw from £43.00 to £47.50, reflecting updated assumptions on revenue growth, margins, and the future P/E they see as appropriate for the shares. What's in the News Renishaw has issued earnings guidance for FY2026, indicating expected full year revenue in a range of £740m to £780m.
Narrative Update • Feb 19

RSW: New Spectroscopy Collaboration And Guidance Will Support Balanced Medium Term Outlook

Analysts have lifted their Renishaw price target from £36.91 to £40.41, reflecting updated assumptions around slightly lower revenue growth, a higher profit margin, and a modestly adjusted P/E multiple and discount rate. What's in the News Renishaw issued earnings guidance for FY2026, with expected revenue in a range of £740m to £780m, giving investors a reference point for medium term sales expectations (Corporate guidance).
Analysis Article • Feb 14

Renishaw (LON:RSW) Has Affirmed Its Dividend Of £0.168

The board of Renishaw plc ( LON:RSW ) has announced that it will pay a dividend on the 7th of April, with investors...
Narrative Update • Feb 05

RSW: Photon Sensing Advances Will Likely Support A More Balanced Risk Profile

Analysts have raised their fair value estimate for Renishaw from £27.70 to £34.00, citing updated assumptions on revenue growth, profit margins and a higher future P/E multiple. What's in the News Renishaw and Singular Photonics report progress in their collaboration on next generation spectroscopy capabilities using Singular's single photon avalanche diode image sensors (Key Developments).
Narrative Update • Jan 22

RSW: New Spectroscopy Capabilities Will Support Balanced Medium Term Outlook

Analysts have maintained their price target for Renishaw at £36.91. They cite only minor adjustments to assumptions such as the discount rate, long-term revenue growth, profit margin and future P/E, which together do not materially change their view of the shares.
Narrative Update • Jan 08

RSW: Higher Margin Assumptions Will Likely Leave Shares Looking Overstretched

Analysts have raised their price target on Renishaw from £23.80 to £27.70, citing updated assumptions around profit margins and long term fair value as the key drivers of the change. What's in the News Singular Photonics highlighted progress in its collaboration with Renishaw, focused on next generation spectroscopy capabilities using single photon avalanche diode image sensors (Key Developments).
Analysis Article • Dec 24

Renishaw (LON:RSW) Has Some Way To Go To Become A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Narrative Update • Dec 16

RSW: Margin Progress And Dividend Growth Will Underpin Balanced Medium-Term Outlook

Narrative Update on Analyst Price Target Analysts have raised their price target for Renishaw from £24.50 to £35.30 per share, reflecting greater confidence in the company's ahead-of-plan EBITA margin improvement and upgraded medium-term earnings forecasts. Analyst Commentary Recent research updates highlight a more constructive stance on Renishaw's medium term prospects, driven by faster than expected progress on profitability and upgraded earnings assumptions.
Analysis Article • Dec 04

What Is Renishaw plc's (LON:RSW) Share Price Doing?

While Renishaw plc ( LON:RSW ) might not have the largest market cap around , it saw a decent share price growth of 11...
Narrative Update • Dec 02

RSW: Margin Delivery And Dividend Increases Will Support Steady Medium-Term Prospects

Analysts have raised their price target for Renishaw, reflecting improved margin outlooks and stronger earnings forecasts. The consensus has moved from 2,450 GBp to 3,530 GBp per share.
Narrative Update • Nov 18

RSW: Margin Improvement Efforts And Dividend Outlook Will Drive Measured Upside

Analysts have increased their price target for Renishaw, citing improved margin outlook and stronger than expected EBITA forecasts. Recent revisions have lifted expectations by over £1,000 to a new range between £3,340 and £3,530 per share.
Narrative Update • Nov 03

RSW: Future Margins Will Be Supported By Improved Operational Execution

Renishaw's analyst price target has increased from £35.19 to £36.91, as analysts cite stronger than expected margin improvement and updated profit forecasts. Analyst Commentary Following the recent price target increases for Renishaw, analysts have highlighted several factors influencing their outlooks.
Narrative Update • Oct 20

Neuro And Additive Manufacturing Investments Will Boost Future Prospects

Renishaw's analyst price target has increased from £34.53 to £35.19 per share. Analysts cite improved EBITA margin performance and upward revisions to future earnings forecasts as key contributors to the positive outlook.
Narrative Update • Oct 05

Neuro And Additive Manufacturing Investments Will Boost Future Prospects

Renishaw's analyst price target has been raised from £32.63 to £34.53, reflecting increased confidence in margin improvement and upgraded earnings forecasts based on stronger recent performance. Analyst Commentary Recent analyst revisions have reflected evolving views on Renishaw's prospects, with adjustments to price targets and assessments of the company's operational performance.
Analysis Article • Oct 05

Renishaw (LON:RSW) Has Announced That It Will Be Increasing Its Dividend To £0.613

Renishaw plc's ( LON:RSW ) dividend will be increasing from last year's payment of the same period to £0.613 on 5th of...
Analysis Article • Sep 21

Renishaw's (LON:RSW) Dividend Will Be Increased To £0.613

The board of Renishaw plc ( LON:RSW ) has announced that it will be increasing its dividend by 3.2% on the 5th of...
Narrative Update • Sep 20

Neuro And Additive Manufacturing Investments Will Boost Future Prospects

Driven by a substantial improvement in net profit margin and a notable reduction in forward P/E, sentiment on Renishaw has improved, leading to a modest increase in the consensus price target from £31.36 to £32.63. What's in the News Renishaw announced a proposed final dividend of 61.3 pence per share for Fiscal Year 2025, up from 59.4 pence previously.
Analysis Article • Sep 19

Returns At Renishaw (LON:RSW) Are On The Way Up

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
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New Narrative • Mar 10

Neuro And Additive Manufacturing Investments Will Boost Future Prospects

Strong semiconductor market performance and aerospace investments are expected to boost Renishaw's revenue and future growth.

Earnings and Revenue Growth Forecasts

LSE:RSW - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/20288841471031475
6/30/2027829132931337
6/30/2026795109611115
12/31/20257377451103N/A
9/30/20257257971125N/A
6/30/20257138491148N/A
3/31/20257089189146N/A
12/31/20247029887145N/A
9/30/20246979768134N/A
6/30/20246919749124N/A
3/31/20246819731121N/A
12/31/20236719713118N/A
9/30/20236801076101N/A
6/30/2023689116-184N/A
3/31/20236911161480N/A
12/31/20226941162976N/A
9/30/20226821185599N/A
6/30/202267112082121N/A
3/31/202265312489124N/A
12/31/202163612896127N/A
9/30/2021601119104131N/A
6/30/2021566111112135N/A
3/31/202153678111138N/A
12/31/202050645110141N/A
9/30/20205082378123N/A
6/30/2020510045105N/A
3/31/2020523242598N/A
12/31/201953748492N/A
9/30/201955570N/A99N/A
6/30/201957492N/A106N/A
3/31/2019601110N/A114N/A
12/31/2018629128N/A121N/A
9/30/2018620130N/A126N/A
6/30/2018612132N/A132N/A
3/31/2018596139N/A131N/A
12/31/2017578138N/A129N/A
9/30/2017557120N/A122N/A
6/30/2017537103N/A115N/A
3/31/201750888N/A104N/A
12/31/201646750N/A93N/A
9/30/201644751N/A74N/A
6/30/201642752N/A55N/A
3/31/201645385N/A77N/A
12/31/201546999N/A100N/A
9/30/2015482110N/A116N/A
6/30/2015495122N/A132N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RSW's forecast earnings growth (24.3% per year) is above the savings rate (3.4%).

Earnings vs Market: RSW's earnings (24.3% per year) are forecast to grow faster than the UK market (11.6% per year).

High Growth Earnings: RSW's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RSW's revenue (6.8% per year) is forecast to grow faster than the UK market (4.5% per year).

High Growth Revenue: RSW's revenue (6.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RSW's Return on Equity is forecast to be low in 3 years time (14.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/20 04:21
End of Day Share Price 2026/05/20 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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

Renishaw plc is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Richard PaigeBarclays
Jonathan HurnBarclays
Anthony PlomBerenberg