Ashmore stock reflects 17 percent profit growth after FY2026 results
Published on 09/29/2026 at 07:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ashmore (ISIN GB00B132NW22) reported fiscal 2026 pretax profit of GBP 126.9 million, up 17 percent from GBP 108.6 million a year earlier, according to FT in the results published on September 7, 2026. Ashmore stock was last at GBp 216.60 on the London Stock Exchange on September 28, 2026 at 4:35 p.m. London time, up 0.93 percent from the prior close. The earnings mix is important: seed capital gains supported statutory profit while recurring fee income remained under pressure.
Profit rose as flows returned
Assets under management increased 13 percent to USD 54.0 billion in the fiscal year ended June 30, 2026. Net inflows reached USD 2.7 billion, reversing the prior year's USD 5.8 billion net outflow, while investment performance contributed USD 3.7 billion, according to FT.
Diluted earnings per share rose 28 percent to 15.0 pence, but adjusted net revenue fell 7 percent to GBP 135.6 million. The contrast shows why the headline profit increase does not fully describe Ashmore's operating trend: seed capital returns lifted the reported result while lower performance fees reduced adjusted revenue.
Cavendish keeps a bearish target
Cavendish maintained a Sell rating on September 24, 2026 and set a GBp 171.00 price target, citing expectations already reflected in the shares, according to Pluang. The broker also forecast a 35 percent increase in adjusted earnings per share for 2027, while pointing to higher variable remuneration costs as a pressure on EBITDA forecasts.
The next scheduled earnings release is October 13, 2026, according to the Ashmore calendar displayed by MarketScreener. That update should give investors a fresh read on whether the return of net inflows is translating into stronger recurring fee income.
Stock trades at GBp 216.60
Ashmore stock was last at GBp 216.60 on the London Stock Exchange on September 28, 2026 at 4:35 p.m. London time, with a market capitalization of GBP 1.4 billion and volume of 639,140 shares. Its 52-week range was GBp 151.00 to GBp 276.54, putting the latest quote materially above the yearly low but below the high.
Ashmore stock key data
- Company: Ashmore Group PLC
- ISIN: GB00B132NW22
- Ticker: ASHM
- Trading venue: London Stock Exchange
- Price (as of September 28, 2026, 4:35 p.m. London time): GBp 216.60
- Market capitalization: GBP 1.4 billion (as of September 28, 2026)
- 52-week range: GBp 151.00-276.54 (as of September 28, 2026)
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: October 13, 2026
