By Michele Maatouk
Date: Friday 21 Aug 2026
(Sharecast News) - JPMorgan resumed coverage on Drax on Friday with an 'overweight' rating following a period of restriction, with a 960p price target that implies 33% upside potential.
By Frank Prenesti
Date: Thursday 30 Jul 2026
(Sharecast News) - Energy supplier Drax reported a 39% fall in first‑half profit, reflecting weaker UK power prices and lower generation margins. The group said market conditions remained challenging through the period, with reduced volatility and lower captured prices weighing on earnings.
By Josh White
Date: Thursday 18 Jun 2026
(Sharecast News) - Drax said on Thursday that the Financial Conduct Authority had closed its investigation into the company with no action to be taken.
| Drax to acquire Bluefield Solar Income Fund in Â... | 01-Jun-2026 |
| Drax commissions Hirwuan Power Station in South ... | 29-May-2026 |
| JPMorgan highlights buying opportunity in UK uti... | 22-May-2026 |
| Drax reiterates guidance amid solid operational ... | 30-Apr-2026 |
| Drax reiterates guidance amid solid operational ... | 30-Apr-2026 |
| Transaction in Own Shares | 10-Mar-2026 |
| Drax CFO to take medical leave of absence | 05-Mar-2026 |
| Drax reports record renewable generation in 2025 | 26-Feb-2026 |
| TI CEO Haviv Ilan to speak at Morgan Stanley inv... | 25-Feb-2026 |
| Citi downgrades Drax to 'neutral' from 'buy' | 12-Feb-2026 |
| Drax Group could cut 350 jobs in restructuring | 04-Feb-2026 |
| Drax to acquire Flexitricity in £36m deal | 21-Jan-2026 |
| Holding(s) in Company | 02-Jan-2026 |
| Holding(s) in Company | 30-Dec-2025 |
| Transaction in Own Shares | 23-Dec-2025 |
| Holding(s) in Company | 22-Dec-2025 |
| Transaction in Own Shares | 22-Dec-2025 |
| Currency | UK Pounds |
| Price | 800.00p |
| Change Today | 25.00p |
| 52 Week High | 918.00p |
| 52 Week Low | 626.50p |
| Volume | 1,041,625 |
| Shares Issued | 336.73m |
| Market Cap | £2,693.81m |