Investment
Features
FeesSafety
Academy
More
Pluang+

Vistry shares drop 11.4% as brokers slash 2026 profit forecasts on cost and discount pressures

Company Fundamentals
13 May 2026
Proactive Investors
View Source
Bearish
pluang ai news

Vistry Group's shares fell 11.4% after brokers cut 2026 profit forecasts due to heavier discounting and rising build costs impacting first-half profits. Analysts now expect profits closer to £200-225 million, down from earlier estimates around £250 million, with the first half of the year hit hardest. Despite this, Vistry's focus on cash generation and debt reduction is expected to strengthen its balance sheet by year-end, supported by paused share buybacks and tighter spending. Recovery in affordable housing partnerships is anticipated later in 2026 or early 2027 as government grant announcements are expected.

More News

Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...

Market News
Bullish
3 hours ago
ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

ARCpoint Inc. announced it will likely miss the July 29, 2026 deadline to file its annual financial statements and related reports due to a lack of funds to pay auditors. The company has applied for a Management Cease Trade Order (MCTO) and awaits ap...

Market News
Bearish
3 hours ago
Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging that the company may have provided misleading business information to investors. Investors who purchased Putnam stock-based mutual fun...

Market News
Bearish
4 hours ago
USDC leads as top stablecoin for tokenized stocks hitting $1B TVL on Ondo Global Markets

USDC leads as top stablecoin for tokenized stocks hitting $1B TVL on Ondo Global Markets

Ondo Global Markets reached $1 billion in total value locked (TVL) for tokenized stocks by May 2026, with projections to hit $5 billion by year-end. USDC, Circle's stablecoin, is the preferred settlement currency for these tokenized equities, favored...

Protocol Fundamentals
Bullish
4 hours ago
Investigation launched into GPGI over possible securities fraud linked to Husky Technologies deal

Investigation launched into GPGI over possible securities fraud linked to Husky Technologies deal

Ademi LLP is investigating GPGI for potential securities fraud related to alleged inaccurate statements about its financials and business operations, especially concerning its acquisition of Husky Technologies Limited. This probe could impact investo...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App