Ceres Power Holdings reported an 8% rise in first-half revenue to £22.8 million, driven by licensing income from partners like Weichai. The company remains confident in securing a new manufacturing partner before year-end, a key focus highlighted by Jefferies, which maintains a buy rating and a 920p price target—more than double the current share price. Operating costs fell 14% due to cost-cutting efforts, and the firm ended the period with £172 million in net cash and investments. Full-year revenue guidance stands at around £45 million, excluding new manufacturing deals, with Jefferies noting risks around policy support and customer adoption pace.
Ceres Power shares and outlook provide context for this Industrials sector snapshot. Of 93 priced Industrials-sector US stocks tradable on Pluang, 28 rose and 62 fell today. JetBlue Airways Corporation (JBLU) closed at USD 4.49 with a 1-day change of -1.32%, Intuitive Machines (LUNR) at USD 16.04 with -1.23%, and Delta Air Lines, Inc. (DAL) at USD 82.97 with -1.13%, as of Sep 23, 2026 19:51 WIB.
Oppenheimer lowered Nike's price target to $52 from a higher level, reflecting concerns over falling sales and macroeconomic challenges. Despite Nike's stock trading near its 52-week low around $35.35, the new target implies a potential 44.85% upside...
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