The Berkeley Group Holdings plc (BKGFY) Q2 2026 Earnings Call Prepared Remarks Transcript
Berkeley Group Holdings PLC (LSE:BKG) shares climbed 2.35% to 3,664p as the housebuilder's interim results cheered investors on the whole, with profits falling less than expected. Broker Stifel said the first-half performance was "impressive", with profits before tax beating consensus by 2% with margins up 60 basis points.
GELYY, BKGFY and BLBD made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 14, 2025.
Berkeley Group Holdings PLC (LSE:BKG) shares fell 9% on Friday after the company reported full-year results broadly in line with expectations but downgraded its profit guidance for 2026 and 2027. The softer outlook dragged down other major housebuilders, with the sector feeling the chill.
Berkeley Group (BKGFY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Deutsche Bank has reiterated its buy rating on Berkeley Group Holdings PLC (LSE:BKG), forecasting that shareholder returns could drive the share price up 3.3 times over the next decade. The bank lowered its price target from 5,600p to 4,600p, still 30% above the current level of 3,624p.
After losing some value lately, a hammer chart pattern has been formed for Berkeley Group (BKGFY), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Berkeley Group has marked time for the best part of 2024 with brokers questioning some of its strategic moves, such as into buy-to-rent. In June, Citi said the move by the London-focused housebuilder overshadowed a reassuring 2024 performance and resilient 2025 guidance.
Berkeley Group Holdings PLC (LSE:BKG) move into build-to-rent (BTR) is a strange move suggests Citigroup and is likely to lead to more questions about medium-term prospects. Unveiled alongside its latest annual results, Citi said the move by the London-focused housebuilder overshadowed a reassuring 2024 performance and resilient 2025 guidance.