London Stock Exchange Group (LON:LSEG) Releases Earnings Results

London Stock Exchange Group (LON:LSEG) announced its quarterly earnings data on Thursday. The company reported GBX 244.90 earnings per share for the quarter, Digital Look Earnings reports. London Stock Exchange Group had a return on equity of 6.10% and a net margin of 13.41%.

Here are the key takeaways from London Stock Exchange Group’s conference call:

• Strong first-half performance: Organic revenue grew 8.4%, adjusted EBITDA 14%, EPS 17%, and free cash flow per share 37%, with growth across all four divisions.
• LSEG raised its 2026 guidance, now expecting revenue growth of 7%–7.5% and approximately 100 basis points of EBITDA margin improvement, supported by subscription growth, cost discipline, and operating leverage.
• Markets remained a major growth engine: Markets revenue rose 12%, while interest-rate swap clearing volumes increased 29% and LSE equities average daily volume rose 34% in the first half.
• Management reported growing customer adoption of AI-enabled products, including 200-plus customers engaged on MCP, 17,000 active Workspace AI search users, and sharply higher data consumption; however, AI monetization is expected to be gradual and have little impact in 2026.
• Net finance expense more than doubled to £149 million in the first half due primarily to higher refinancing rates, with full-year expense expected around £300 million; management also expects roughly £25 million of one-off transformation costs in the second half.

London Stock Exchange Group Stock Performance

Shares of LSEG traded down GBX 592 during mid-day trading on Thursday, reaching GBX 8,606. The company’s stock had a trading volume of 1,781,475 shares, compared to its average volume of 19,886,637. London Stock Exchange Group has a 1-year low of GBX 6,684 and a 1-year high of £102.90. The stock has a market cap of £41.90 billion, a P/E ratio of 36.31, a PEG ratio of 1.72 and a beta of 0.39. The business has a 50-day simple moving average of GBX 8,835.95 and a two-hundred day simple moving average of GBX 8,749.34. The company has a current ratio of 229.64, a quick ratio of 0.01 and a debt-to-equity ratio of 59.24.

Analysts Set New Price Targets

LSEG has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating and set a £110 price target on shares of London Stock Exchange Group in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on London Stock Exchange Group from £136 to £137 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Citigroup cut shares of London Stock Exchange Group to a “buy” rating in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of London Stock Exchange Group from £119 to £110 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Six investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of £121.33.

London Stock Exchange Group announced that its board has initiated a stock repurchase plan on Thursday, April 9th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

About London Stock Exchange Group

LSEG is a leading global financial markets infrastructure and data provider that operates connected businesses to serve customers across the entire financial markets value chain.

With capabilities in data, indices and analytics, capital formation, trade execution, clearing and risk management, we operate at the heart of the world’s financial ecosystem and enable the sustainable growth and stability of our customers and their communities.

Together, our five business divisions – Data and Analytics, FTSE Russell, Risk Intelligence, Capital Markets and Post Trade – offer customers seamless access to global financial markets, across the trading lifecycle.

LSEG is headquartered in London and has a major presence throughout Europe, the Americas, Asia Pacific and emerging markets.