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LON:LBG

LBG Media PLC

OPPORTUNISTIC BUY 2026-08-01 Updated today 34.65p Communication Services - PublishingAWAIT ENTRY
55

Position levels

Currenttoday
34.65p
Buy <=wait / entry
27.00p
Trim >=take some off
45.00p
Thesis breakA material further cut to FY2026 or FY2027 earnings guidance, a confirmed loss o...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case23%100 / 10023.0
Base case47%62 / 10029.1
Bear case30%10 / 1003.0
Weighted conviction55 / 100 - OPPORTUNISTIC BUY

Top risks

  • Lowered full-year 2026 revenue and EBITDA guidance following H1 results
  • Direct branded content revenue almost doubled to GBP 37.6m in H1
  • Indirect revenue fell 41% due to Facebook algorithm changes and weaker search traffic
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Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.