Drax Group/£DRX

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1D1W1MYTD1Y5YMAX

About Drax Group

Drax Group PLC, listed under the symbol DRX, is a United Kingdom-based renewable energy company founded in 2005. The company operates in the renewable power generation sector, specializing in sustainable biomass production and the sale of renewable electricity to businesses. Drax Group is committed to delivering reliable low-carbon power generated mainly from wood pellets to help transition towards a renewable energy future.

Ticker

£DRX
Sector

Primary listing

LSE

Industry

Independent Power & Renewable Electricity Producers

Employees

3,250

ISIN

GB00B1VNSX38

Drax Group Metrics

BasicAdvanced
£2.5B
5.23
£1.35
0.88
£0.26
3.69%

What the Analysts think about Drax Group

Analyst ratings (Buy, Hold, Sell) for Drax Group stock.

Bulls say / Bears say

Drax Group anticipates its 2025 adjusted core profit to be at the upper end of analyst consensus estimates, driven by strong performance in pellet production and biomass power generation. (reuters.com)
The company reported a 5.5% increase in annual profit for 2024, attributed to a rise in renewable power generation and improved performance from its pellet division. (reuters.com)
JPMorgan Chase & Co. raised its target price for Drax Group from GBX 850 to GBX 900, indicating a potential upside of 42.74% from the current price. (marketbeat.com)
Analysts have significantly revised downwards the average price target for Drax Group over the last four months, indicating reduced growth expectations. (marketscreener.com)
The company's revenue decreased by 20.31% in 2024 compared to the previous year, reflecting potential challenges in maintaining sales growth. (stockanalysis.com)
Drax Group was removed from the S&P Global Clean Energy Index in 2021, as it was no longer considered a 'clean' energy company by the S&P, which may impact its appeal to environmentally focused investors. (wikipedia.org)
Data summarised monthly by Lightyear AI. Last updated on 8 Jul 2025.

Drax Group Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Drax Group Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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