Oxford Instruments Shares Slip Before Results as Chip-Tech Deal Raises the Bar
Oxford Instruments shares slipped 0.13% to 3,060p Monday ahead of Tuesday’s preliminary results, despite announcing a semiconductor collaboration with Covalent. The FTSE 250 stock traded near its year high, limiting upside for routine updates. Analysts expect FY26 revenue of £420.7 million and adjusted EBIT of £71.3 million. Six analysts’ median 12-month target price stands at 2,695p, below Monday’s close.