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LON:NIOX

Niox Group PLC

OPPORTUNISTIC BUY 2026-08-08 Data 35 days old 62.20p Healthcare - Medical - DevicesAWAIT ENTRY
ACTIONABLEMethodology gates passed
59

Position levels

Currenttoday
62.20p
Buy <=wait / entry
54.67p
Trim >=take some off
68.00p
Thesis breakSustained clinical revenue growth stalling, the 2025 final dividend being withdr...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Clinical revenue approximately GBP 20.6m reflecting timing of NIOX PRO regulatory approvals
  • Intention to return excess capital to shareholders during the second half
  • Gross margin approximately 71% reflecting higher mix of Clinical sales
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