Ashtead Stock News

Ashtead Group remains in a 'show me' phase, with near-term earnings growth muted despite a robust long-term outlook. Q2 2026 results showed stabilization but not acceleration: revenue up 1% y/y, EBITDA down 2% y/y, and margin compression persists. The mega-project pipeline is credible and shifting toward higher-value data centers, but early-stage ramp-up continues to weigh on margins.

Ashtead Group plc (ASHTY) Q2 2026 Earnings Call Transcript

When America builds, Ashtead Group PLC (LSE:AHT) booms. But with confidence ebbing in the world's largest rental market, the Sunbelt Rentals owner is finding the gears harder to shift.

Jefferies has cut its rating on Ashtead Group PLC (LSE:AHT), the equipment rental group, citing the recent strength in the shares. It has moved to 'hold' from 'buy', with the price target lowered to 5,700p from 5,900p.

Ashtead Group plc (OTCPK:ASHTY) Q1 2026 Earnings Call September 3, 2025 6:30 AM EDT Company Participants Brendan Horgan - CEO & Executive Director Alexander Pease - Chief Financial Officer Conference Call Participants Annelies Vermeulen - Morgan Stanley, Research Division Suhasini Varanasi - Goldman Sachs Group, Inc., Research Division William Kirkness - Sanford C. Bernstein & Co., LLC.

Ashtead Group PLC (LSE:AHT) confirmed plans to relist on the New York Stock Exchange in March, as it reported a drop in first-quarter profits compared to last year but raised its cash flow guidance.  Revenue came in at $2.8 billion for the three months to 31 July, up 2% year-on-year, with rental revenue also increasing 2% to $2.6 billion.

The update from Ashtead Technology Holdings PLC (AIM:AT.) on Tuesday morning, confirming its move from AIM to London's main board and solid first-half results, will be reassuring to investors, said analysts.

Shares in Ashtead Technology took off after it released solid first-half numbers and announced its move to London's Main Market will conclude during the autumn.