Balfour Beatty (BBY) Stock Overview
Balfour Beatty plc finances, develops, builds, maintains, and operates infrastructure in the United Kingdom, the United States, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
BBY Community Fair Values
Create NarrativeSee what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
UK£5.99
FV
31.0% overvalued intrinsic discount12.00%
Revenue growth p.a.
519
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Balfour Beatty plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£7.85 |
| 52 Week High | UK£8.74 |
| 52 Week Low | UK£4.86 |
| Beta | 0.60 |
| 1 Month Change | -3.45% |
| 3 Month Change | 7.91% |
| 1 Year Change | 55.96% |
| 3 Year Change | 111.00% |
| 5 Year Change | 156.54% |
| Change since IPO | 158.91% |
Recent News & Updates
Narrative Update • May 22
BBY: Raised Fair Value And 2026 Guidance Will Support Measured Future Upside
The analyst price target for Balfour Beatty has been raised to £8.70 per share from £8.00, as analysts incorporate updated fair value assumptions, revised discount rates and refreshed earnings expectations that are reflected in recent target changes from several research houses. Analyst Commentary Recent Street research on Balfour Beatty points to a more constructive tone, with several bullish analysts revisiting their valuation work and adjusting price targets to reflect updated assumptions on fair value and earnings power.
Narrative Update • May 03
BBY: Revised Fair Value Suggests Execution And Cash Returns Will Drive Future Outcomes
The analyst price target for Balfour Beatty has been adjusted higher, with recent Street research citing a blend of updated fair value assumptions and fresh targets ranging from about £7.70 to £8.70 as analysts factor in revised discount rates, revenue growth and profit margin expectations, along with a lower future P/E multiple. Analyst Commentary Recent Street views cluster around a broadly constructive stance on Balfour Beatty, with several firms revisiting their price targets and one initiating with a more neutral tone.
Narrative Update • Apr 18
BBY: Rich P E And Execution Risks Will Likely Cap Future Returns
Analysts have nudged their average price targets for Balfour Beatty higher into the £7.70 to £8.70 range. This reflects updated views on its fair value based on recent research from several major banks.Recent updates
Narrative Update • May 22
BBY: Raised Fair Value And 2026 Guidance Will Support Measured Future Upside
The analyst price target for Balfour Beatty has been raised to £8.70 per share from £8.00, as analysts incorporate updated fair value assumptions, revised discount rates and refreshed earnings expectations that are reflected in recent target changes from several research houses. Analyst Commentary Recent Street research on Balfour Beatty points to a more constructive tone, with several bullish analysts revisiting their valuation work and adjusting price targets to reflect updated assumptions on fair value and earnings power.Narrative Update • May 03
BBY: Revised Fair Value Suggests Execution And Cash Returns Will Drive Future Outcomes
The analyst price target for Balfour Beatty has been adjusted higher, with recent Street research citing a blend of updated fair value assumptions and fresh targets ranging from about £7.70 to £8.70 as analysts factor in revised discount rates, revenue growth and profit margin expectations, along with a lower future P/E multiple. Analyst Commentary Recent Street views cluster around a broadly constructive stance on Balfour Beatty, with several firms revisiting their price targets and one initiating with a more neutral tone.Narrative Update • Apr 18
BBY: Rich P E And Execution Risks Will Likely Cap Future Returns
Analysts have nudged their average price targets for Balfour Beatty higher into the £7.70 to £8.70 range. This reflects updated views on its fair value based on recent research from several major banks.Narrative Update • Apr 04
BBY: Higher Margin Aims And Richer P E Will Likely Restrain Future Upside
Balfour Beatty's updated analyst price target moves higher to £8.70 from £8.00, reflecting analysts' use of a slightly lower discount rate, a small uplift in forecast revenue growth and P/E, and broadly steady profit margin assumptions. Analyst Commentary Recent Street research points to a cluster of higher price targets on Balfour Beatty, including moves to £8.70, £8.50 and £7.70.Narrative Update • Mar 21
BBY: Higher Expectations On Margins And PFO Will Likely Cap Share Upside
Analysts have lifted the average price target for Balfour Beatty to reflect a fair value estimate of about £6.60, with recent target moves to £8.70, £8.50 and £7.70, citing updated views on discount rates, revenue growth and profit margins. Analyst Commentary Recent research updates cluster around higher price targets for Balfour Beatty, with figures ranging from 770 GBp to 870 GBp. While the formal ratings in these reports remain constructive, the language behind the numbers still highlights execution and valuation questions that matter for you as a shareholder or potential investor.Narrative Update • Mar 07
BBY: Raised Outlook And Execution Risks Will Likely Keep Shares Rangebound
Analysts have lifted their price target on Balfour Beatty to £7.55 from £6.40, reflecting updated assumptions around the discount rate, revenue growth, profit margin and forward P/E estimates. Analyst Commentary The latest price target change to £7.55 suggests that analysts see some support for Balfour Beatty at current levels.Narrative Update • Feb 21
BBY: Higher P/E And Execution Risks Will Likely Cap Share Upside
Analysts have increased their price target on Balfour Beatty to £7.55 from £6.40, reflecting updated views on the company’s earnings profile and valuation. Analyst Commentary While the new £7.55 price target signals a more constructive stance on Balfour Beatty, commentary around the revision still flags areas where execution and growth outcomes could fall short of expectations.Narrative Update • Feb 07
BBY: Refreshed Forecasts And Contract Wins Will Support Measured Future Outlook
Analysts have lifted their price target on Balfour Beatty to £7.55 from £6.40, reflecting updated assumptions regarding the discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary Recent research points to a more constructive tone around Balfour Beatty, with the new £7.55 price target signalling greater confidence in how current forecasts line up with valuation assumptions such as discount rate, revenue growth, profit margin and future P/E multiples.Analysis Article • Jan 24
Pinning Down Balfour Beatty plc's (LON:BBY) P/E Is Difficult Right Now
With a median price-to-earnings (or "P/E") ratio of close to 17x in the United Kingdom, you could be forgiven for...Narrative Update • Jan 23
BBY: Updated Fair Value And Buyback Plans Are Expected To Support Returns
Analysts have raised their price target for Balfour Beatty from £6.40 to £7.55 per share, citing updated research that supports a modestly higher fair value, along with slightly revised assumptions for the discount rate and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts see the new £7.55 price target as better aligned with their updated view of fair value, reflecting refined assumptions for the discount rate and future P/E rather than a major change in the story.Narrative Update • Jan 09
BBY: Higher P/E Assumptions Will Likely Limit Future Share Upside
Analysts have raised their price target on Balfour Beatty to £7.55 from £6.40, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and a higher future P/E. Analyst Commentary Even with the new £7.55 price target, the tone from some research is more balanced than outright bullish.Analysis Article • Dec 30
Is Balfour Beatty (LON:BBY) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Dec 22
BBY: UK Energy And US Buildings Will Drive Stronger Future Outlook
Narrative Update on Balfour Beatty: Analysts have raised their price target on the shares by approximately 20 percent, reflecting increased confidence in the company’s revenue growth trajectory and a higher justified future P E multiple, despite only marginal changes in profit margin assumptions and the discount rate. What's in the News Balfour Beatty issued earnings guidance for 2025, expecting revenue to be more than 5 percent above 2024 levels of £10.0 billion, supported by strong momentum in core markets.Narrative Update • Dec 08
BBY: Execution And Order Book Strength Are Expected To Support Future Returns
Analysts have raised their price target on Balfour Beatty to 710 GBp from 660 GBp, reflecting modestly stronger revenue growth expectations, a slightly higher future P/E multiple, and a marginally lower discount rate that more than offset minor profit margin pressure. Analyst Commentary Bullish analysts highlight that the higher price target reflects sustained confidence in Balfour Beatty’s ability to deliver steady top line growth and to convert its robust order book into revenue over the medium term.Narrative Update • Nov 24
BBY: Sustained Project Pipeline And Execution Are Expected To Support Future Returns
Balfour Beatty's analyst price target has increased from £6.60 to £7.10, as analysts cite improved revenue growth expectations and sustained profitability in their updated outlook. Analyst Commentary Bullish Takeaways Bullish analysts have increased the price target for Balfour Beatty, reflecting confidence in the company's ability to capitalize on revenue growth opportunities.Narrative Update • Nov 07
BBY: Share Buybacks And Pipeline Execution Will Support Steady Performance Ahead
The analyst price target for Balfour Beatty has been raised from £6.39 to £6.57. This reflects increased optimism among analysts, as seen in recent upward revisions and supportive research notes.Analysis Article • Oct 18
Balfour Beatty (LON:BBY) Will Pay A Dividend Of £0.042
Balfour Beatty plc's ( LON:BBY ) investors are due to receive a payment of £0.042 per share on 5th of December. This...Analysis Article • Sep 30
Balfour Beatty (LON:BBY) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 10
Balfour Beatty's (LON:BBY) Dividend Will Be £0.042
Balfour Beatty plc ( LON:BBY ) will pay a dividend of £0.042 on the 5th of December. Even though the dividend went up...Narrative Update • Aug 21
Energy Infrastructure Projects With National Grid And SSE Will Position For Future Success
Balfour Beatty’s higher Analyst Price Target is primarily driven by an increase in its forecast valuation multiple, as Future P/E has risen, with the price target moving up from £5.80 to £6.29. What's in the News Panmure Liberum upgraded Balfour Beatty to Buy from Hold with a 650 GBp price target (Periodicals).Analysis Article • Aug 05
Calculating The Intrinsic Value Of Balfour Beatty plc (LON:BBY)
Key Insights The projected fair value for Balfour Beatty is UK£4.81 based on 2 Stage Free Cash Flow to Equity With...Analysis Article • Jul 18
Balfour Beatty plc's (LON:BBY) Popularity With Investors Is Under Threat From Overpricing
There wouldn't be many who think Balfour Beatty plc's ( LON:BBY ) price-to-earnings (or "P/E") ratio of 14.7x is worth...Analysis Article • Jun 13
Returns Are Gaining Momentum At Balfour Beatty (LON:BBY)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Narrative • Mar 27
Balfour Beatty to profit from govt's drive for growth
Venerable Balfour Beatty plc is a household name in the UK, and for a good reason: The construction and infrastructure behemoth is present on construction sites across the UK. From roadworks over publ
New Narrative • Mar 16
Energy Infrastructure Projects With National Grid And SSE Will Position For Future Success
Strong backlog and focus on high-growth sectors like energy infrastructure position Balfour Beatty for long-term revenue and margin improvement.Shareholder Returns
| BBY | GB Construction | GB Market | |
|---|---|---|---|
| 7D | -1.3% | 0.7% | -0.3% |
| 1Y | 56.0% | 36.5% | 18.4% |
Return vs Industry: BBY exceeded the UK Construction industry which returned 36.5% over the past year.
Return vs Market: BBY exceeded the UK Market which returned 18.4% over the past year.
Price Volatility
| BBY volatility | |
|---|---|
| BBY Average Weekly Movement | 4.6% |
| Construction Industry Average Movement | 4.8% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in GB Market | 11.8% |
| 10% least volatile stocks in GB Market | 3.2% |
Stable Share Price: BBY has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: BBY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1909 | 25,667 | Philip Hoare | www.balfourbeatty.com |
Balfour Beatty plc finances, develops, builds, maintains, and operates infrastructure in the United Kingdom, the United States, and internationally. It operates through three segments: Construction Services, Support Services, Infrastructure Investments. The company constructs buildings, including commercial, healthcare, education, retail, and residential assets; and infrastructure assets comprising highways and railways, as well as other large-scale infrastructure assets, such as waste, water, and energy plants.
Balfour Beatty plc Fundamentals Summary
| BBY fundamental statistics | |
|---|---|
| Market cap | UK£3.76b |
| Earnings (TTM) | UK£263.00m |
| Revenue (TTM) | UK£9.49b |
14.3x
P/E Ratio0.4x
P/S RatioIs BBY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BBY income statement (TTM) | |
|---|---|
| Revenue | UK£9.49b |
| Cost of Revenue | UK£9.03b |
| Gross Profit | UK£456.00m |
| Other Expenses | UK£193.00m |
| Earnings | UK£263.00m |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 12, 2026
| Earnings per share (EPS) | 0.55 |
| Gross Margin | 4.81% |
| Net Profit Margin | 2.77% |
| Debt/Equity Ratio | 71.6% |
How did BBY perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield27%
Payout RatioDoes BBY pay a reliable dividends?
See BBY dividend history and benchmarks| Balfour Beatty dividend dates | |
|---|---|
| Ex Dividend Date | May 14 2026 |
| Dividend Pay Date | Jul 01 2026 |
| Days until Ex dividend | 19 days |
| Days until Dividend pay date | 29 days |
Does BBY pay a reliable dividends?
See BBY dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/01 06:03 |
| End of Day Share Price | 2026/06/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Balfour Beatty plc is covered by 18 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harry Goad | Berenberg |
| Robert Chantry | Berenberg |
| Daniel Thomas Cowan | BNP Paribas |