BT Group (BT.A) Stock Overview
Provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
BT.A Community Fair Values
Create NarrativeSee what 137 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
BT Group plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£2.22 |
| 52 Week High | UK£2.31 |
| 52 Week Low | UK£1.60 |
| Beta | 0.41 |
| 1 Month Change | 3.43% |
| 3 Month Change | 7.26% |
| 1 Year Change | 36.37% |
| 3 Year Change | 45.26% |
| 5 Year Change | 39.33% |
| Change since IPO | -7.91% |
Recent News & Updates
Narrative Update • May 03
BT.A: Fibre Monetisation Execution Risks Will Likely Restrain Free Cash Flow Upside
Analysts have nudged their average price targets on BT Group higher, with recent moves to around £1.50 per share, helped by views that fibre monetisation could support stronger free cash flow over time. Analyst Commentary Recent research on BT Group has included both positive and cautious viewpoints, giving you a mixed picture of how the market is framing the current setup.Narrative Update • Apr 19
BT.A: Fibre Monetisation And Execution Risks Will Likely Cap Future Upside
Narrative Update on BT Group The analyst price target for BT Group has increased to £1.43 from £1.40. Analysts attribute this change to updated assumptions around softer expected revenue declines, a much stronger profit margin profile, a lower discount rate, a recalibrated future P/E, recent target increases from £1.40 to £1.50, and a continued focus on fibre-driven free cash flow potential.
Narrative Update • Apr 04
BT.A: Fiber Monetisation Will Support Future Re Rating On Cash Generation Potential
BT Group's analyst price targets have moved higher, with recent raises to £1.50 and £2.50 and fresh conviction list inclusion, as analysts point to updated fair value assumptions, expectations around fiber monetization, and future P/E levels. Analyst Commentary Recent research updates cluster around higher price targets and renewed attention on BT Group, with several bullish analysts highlighting valuation support and execution on long term initiatives such as fiber.Narrative Update • Mar 21
BT.A: Execution Risks In Fiber Monetization Will Limit Future Upside
The analyst price target for BT Group has moved higher into a £1.50 to £2.50 range, with analysts pointing to improving fiber monetization and free cash flow potential as key reasons for the shift. Analyst Commentary Recent Street research highlights a mixed backdrop for BT Group, with price targets now spread across a relatively wide £1.50 to £2.50 range and different views on how quickly fiber investments might translate into cash returns.Narrative Update • Mar 06
BT.A: Fiber Monetisation Will Support Re-Rating On Stronger Cash Generation
Analysts have nudged their average price target on BT Group higher, with recent moves ranging from £1.40 to £2.50. They point to fibre monetisation and improved cash flow expectations, alongside slightly adjusted discount rate, revenue growth and profit margin assumptions.Narrative Update • Feb 20
BT.A: Execution Risks Around Margin Assumptions Will Limit Future Upside
Analysts have lifted their fair value estimate for BT Group from £1.35 to £1.40, reflecting updated assumptions around the discount rate, margins, future P/E and a recent move in Street price targets, including an increase from £2.40 to £2.50 by one firm. Analyst Commentary While the latest fair value adjustment and some Street targets support a modestly higher valuation for BT Group, not every analyst is leaning positive.Recent updates
Narrative Update • May 03
BT.A: Fibre Monetisation Execution Risks Will Likely Restrain Free Cash Flow Upside
Analysts have nudged their average price targets on BT Group higher, with recent moves to around £1.50 per share, helped by views that fibre monetisation could support stronger free cash flow over time. Analyst Commentary Recent research on BT Group has included both positive and cautious viewpoints, giving you a mixed picture of how the market is framing the current setup.Narrative Update • Apr 19
BT.A: Fibre Monetisation And Execution Risks Will Likely Cap Future Upside
Narrative Update on BT Group The analyst price target for BT Group has increased to £1.43 from £1.40. Analysts attribute this change to updated assumptions around softer expected revenue declines, a much stronger profit margin profile, a lower discount rate, a recalibrated future P/E, recent target increases from £1.40 to £1.50, and a continued focus on fibre-driven free cash flow potential.Narrative Update • Apr 04
BT.A: Fiber Monetisation Will Support Future Re Rating On Cash Generation Potential
BT Group's analyst price targets have moved higher, with recent raises to £1.50 and £2.50 and fresh conviction list inclusion, as analysts point to updated fair value assumptions, expectations around fiber monetization, and future P/E levels. Analyst Commentary Recent research updates cluster around higher price targets and renewed attention on BT Group, with several bullish analysts highlighting valuation support and execution on long term initiatives such as fiber.Narrative Update • Mar 21
BT.A: Execution Risks In Fiber Monetization Will Limit Future Upside
The analyst price target for BT Group has moved higher into a £1.50 to £2.50 range, with analysts pointing to improving fiber monetization and free cash flow potential as key reasons for the shift. Analyst Commentary Recent Street research highlights a mixed backdrop for BT Group, with price targets now spread across a relatively wide £1.50 to £2.50 range and different views on how quickly fiber investments might translate into cash returns.Narrative Update • Mar 06
BT.A: Fiber Monetisation Will Support Re-Rating On Stronger Cash Generation
Analysts have nudged their average price target on BT Group higher, with recent moves ranging from £1.40 to £2.50. They point to fibre monetisation and improved cash flow expectations, alongside slightly adjusted discount rate, revenue growth and profit margin assumptions.Narrative Update • Feb 20
BT.A: Execution Risks Around Margin Assumptions Will Limit Future Upside
Analysts have lifted their fair value estimate for BT Group from £1.35 to £1.40, reflecting updated assumptions around the discount rate, margins, future P/E and a recent move in Street price targets, including an increase from £2.40 to £2.50 by one firm. Analyst Commentary While the latest fair value adjustment and some Street targets support a modestly higher valuation for BT Group, not every analyst is leaning positive.Narrative Update • Feb 05
BT.A: Fiber And 5G Execution Will Support Re-Rating On Improved Confidence
Analysts recently lifted their price target on BT Group to £2.50 from £2.40, citing updated assumptions around discount rates, profit margins, and forward P/E expectations as key drivers of the revised view. Analyst Commentary Bullish analysts are signaling increased confidence in BT Group's equity story, reflected in the adjusted price target to £2.50.Narrative Update • Jan 22
BT.A: Fiber And 5G Execution Will Support Re-Rating On Rising Confidence
Analysts have nudged their price target on BT Group from £2.40 to £2.50, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that support a slightly higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts lifting the price target to £2.50 signal increased confidence that recent assumptions on discount rate, revenue trends, margins and future P/E can justify a higher valuation range.Narrative Update • Jan 08
BT.A: Higher Cybersecurity Spend And Thin Margins Will Restrain Future Upside
Analysts have lifted their price target for BT Group to £1.35, highlighting updated assumptions for revenue trends, profit margins, and a higher future P/E multiple as key drivers of the revised view. What's in the News BT partnered with Pindrop to offer voice security solutions to UK enterprise customers, integrating technologies such as Pindrop Protect and Pindrop Passport to address rising contact centre fraud and deepfake risks.Analysis Article • Dec 30
What You Can Learn From BT Group plc's (LON:BT.A) P/E
BT Group plc's ( LON:BT.A ) price-to-earnings (or "P/E") ratio of 18.8x might make it look like a sell right now...Narrative Update • Dec 17
BT.A: Fiber And 5G Execution Will Drive Re-Rating Potential Ahead
Analysts have trimmed their price target on BT Group to GBP 1.50 from GBP 2.25, reflecting more cautious expectations for sector consolidation benefits and a modestly lower projected valuation multiple, despite slightly improved growth and margin assumptions. Analyst Commentary Recent Street research indicates that sentiment around BT Group remains mixed, with some caution on execution and sector dynamics offset by pockets of optimism on valuation and potential strategic catalysts.
Narrative Update • Dec 03
BT.A: Sector Mergers Will Drive Future Upside Despite Recent Rating Downgrades
Analysts have trimmed their average price target on BT Group from 225 GBp to 150 GBp, citing a less favorable relative outlook as sector merger dynamics and modestly softer growth expectations temper the company’s risk reward profile. Analyst Commentary Recent rating changes reflect a more balanced, wait and see stance on BT Group, with analysts reassessing the companys relative positioning as sector consolidation and shifting capital allocation priorities reshape the competitive landscape.Analysis Article • Nov 24
BT Group (LON:BT.A) Is Due To Pay A Dividend Of £0.0245
BT Group plc ( LON:BT.A ) has announced that it will pay a dividend of £0.0245 per share on the 11th of February. This...Narrative Update • Nov 19
BT.A: Sector Mergers Will Drive Near-Term Share Momentum Despite Operational Risks
BT Group's analyst price target has been adjusted slightly lower to approximately £2.06 per share from £2.07. This reflects analysts’ updated views on sector dynamics and modest changes to growth and profitability expectations.Analysis Article • Nov 09
BT Group's (LON:BT.A) Dividend Will Be £0.0245
BT Group plc's ( LON:BT.A ) investors are due to receive a payment of £0.0245 per share on 11th of February. Based on...Analysis Article • Nov 07
BT Group's (LON:BT.A) Returns Have Hit A Wall
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Narrative Update • Nov 01
BT.A: Telecom Sector Resilience And Industry Mergers Will Drive Near-Term Outperformance
Analysts have lowered their price targets on BT Group, with reductions ranging from £2.25 to £1.40 per share. They cite concerns about ongoing revenue pressures and expected further declines in key business segments.Narrative Update • Oct 18
UK Fiber And 5G Expansion Will Drive Future Customer Acquisition
BT Group’s updated analyst price targets reflect a modest range of downward and upward revisions, now spanning from £1.40 to £2.25 per share. Analysts cite imminent telecom sector mergers and declining Openreach performance among the key factors behind these changed outlooks.Narrative Update • Oct 03
UK Fiber And 5G Expansion Will Drive Future Customer Acquisition
The consensus analyst price target for BT Group has decreased slightly, falling by £0.03 to £2.07. Analysts cite sector downgrades and expectations of slower revenue growth as key drivers for the revised outlook.Analysis Article • Sep 26
Is BT Group (LON:BT.A) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Sep 08
Some Confidence Is Lacking In BT Group plc's (LON:BT.A) P/E
BT Group plc's ( LON:BT.A ) price-to-earnings (or "P/E") ratio of 19x might make it look like a sell right now compared...Narrative Update • Sep 04
UK Fiber And 5G Expansion Will Drive Future Customer Acquisition
Analysts maintain a cautious view on BT Group due to persistent concerns over Openreach’s declining external revenue and ongoing business uncertainty, resulting in an unchanged consensus price target of £2.10. Analyst Commentary Bearish analysts highlight continued concerns about Openreach's external revenue, which transitioned to decline in 2024/25 with expectations for further deterioration.Analysis Article • Jul 24
BT Group (LON:BT.A) Has Announced That It Will Be Increasing Its Dividend To £0.0576
BT Group plc ( LON:BT.A ) will increase its dividend on the 10th of September to £0.0576, which is 1.2% higher than...Analysis Article • Jul 09
BT Group's (LON:BT.A) Upcoming Dividend Will Be Larger Than Last Year's
BT Group plc ( LON:BT.A ) will increase its dividend on the 10th of September to £0.0576, which is 1.2% higher than...Analysis Article • Jul 02
Returns On Capital At BT Group (LON:BT.A) Have Stalled
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • Jun 12
BT Group's (LON:BT.A) Upcoming Dividend Will Be Larger Than Last Year's
BT Group plc ( LON:BT.A ) has announced that it will be increasing its periodic dividend on the 10th of September to...Analysis Article • May 29
BT Group's (LON:BT.A) Solid Earnings Have Been Accounted For Conservatively
The market seemed underwhelmed by last week's earnings announcement from BT Group plc ( LON:BT.A ) despite the healthy...Analysis Article • May 25
BT Group (LON:BT.A) Is Increasing Its Dividend To £0.0576
BT Group plc ( LON:BT.A ) will increase its dividend on the 10th of September to £0.0576, which is 1.2% higher than...
New Narrative • Nov 08
Fiber And 5G Expansion To Drive Growth Amidst Global Transformation
Focus on UK fiber expansion and 5G growth is key for revenue and earnings through increased customer acquisition and ARPU growth.Shareholder Returns
| BT.A | GB Telecom | GB Market | |
|---|---|---|---|
| 7D | 2.3% | 2.2% | 2.4% |
| 1Y | 36.4% | 4.5% | 21.7% |
Return vs Industry: BT.A exceeded the UK Telecom industry which returned 4.5% over the past year.
Return vs Market: BT.A exceeded the UK Market which returned 21.7% over the past year.
Price Volatility
| BT.A volatility | |
|---|---|
| BT.A Average Weekly Movement | 4.0% |
| Telecom Industry Average Movement | 4.0% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in GB Market | 11.5% |
| 10% least volatile stocks in GB Market | 3.1% |
Stable Share Price: BT.A has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: BT.A's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1846 | 85,300 | Allison Kirkby | www.bt.com |
BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates through Consumer, Business, and Openreach segments. It builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related products.
BT Group plc Fundamentals Summary
| BT.A fundamental statistics | |
|---|---|
| Market cap | UK£22.09b |
| Earnings (TTM) | UK£950.00m |
| Revenue (TTM) | UK£20.05b |
23.3x
P/E Ratio1.1x
P/S RatioIs BT.A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BT.A income statement (TTM) | |
|---|---|
| Revenue | UK£20.05b |
| Cost of Revenue | UK£10.64b |
| Gross Profit | UK£9.41b |
| Other Expenses | UK£8.46b |
| Earnings | UK£950.00m |
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
May 21, 2026
| Earnings per share (EPS) | 0.095 |
| Gross Margin | 46.94% |
| Net Profit Margin | 4.74% |
| Debt/Equity Ratio | 154.9% |
How did BT.A perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield85%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 11:35 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
BT Group plc is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| John Davies | Banco Santander |
| Maurice Patrick | Barclays |