By Iain Gilbert
Date: Wednesday 19 Aug 2026
LONDON (ShareCast) - (Sharecast News) - Analysts at Berenberg lifted their price target for Kainos to 1,330p from 1,185p after the group's unscheduled trading update on 18 August prompted sizeable upgrades to both revenue and profit expectations for FY27.
Berenberg said Kainos had maintained the strong momentum seen in FY26, when revenues grew 17% year‑on‑year, with performance in the opening months of FY27 described as "very strong".
Growth was broad‑based across the group, though digital services remained the standout, supported by major contract wins in late FY26 and early FY27. Both Workday divisions were also said to be trading well, delivering double‑digit revenue growth.
Berenberg raised its FY27 revenue forecast by 5% and FY28 by 3%, and raised adjusted pre-tax profit estimates by 4% and 2%, respectively. It now expects FY27 revenue to rise 25% year‑on‑year to £540.4m, around 6% above prior consensus, with adjusted pre-tax profits also up 25% to £84m - roughly 8% ahead of earlier expectations.
The German bank, which has a 'buy' rating on the stock, highlighted that Kainos' confident outlook was underpinned by a robust pipeline, a sizeable multi‑year contracted backlog and supportive structural trends.
On Berenberg's updated forecasts, Kainos trades on a 16.3x FY27 enterprise value-to-underlying earnings ratio and a 22.4x FY27 price-to-earnings ratio (ex‑cash), with the bank expecting a 13% earnings per share compound annual growth rate between FY27 and FY29.
Reporting by Iain Gilbert at Sharecast.com
| Currency | UK Pounds |
| Price | 1,294.00p |
| Change Today | 28.00p |
| 52 Week High | 1,294.00p |
| 52 Week Low | 695.00p |
| Volume | 1,096,916 |
| Shares Issued | 116.18m |
| Market Cap | £1,503.37m |