QinetiQ insider Steve Wadey buys 33 shares of QinetiQ stock

Published on 10/13/2026 at 00:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FY26 revenue was GBP 1,922.6 million versus GBP 1,931.6 million. Analysts set GBp 570.00 and GBp 610.00 targets for QinetiQ stock.

Key points in brief

Steve Wadey bought 33 QinetiQ shares at GBp 457 on October 9, 2026.
QinetiQ reported GBP 1,922.6 million of fiscal 2026 revenue and GBP 4.4 billion of funded backlog.
FY27 interim results are scheduled for November 12, 2026.
Lang & Schwarz last showed EUR 5.53 on October 12, 2026 at 11:00 p.m. CEST.

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QinetiQ insider Steve Wadey bought 33 shares at GBp 457 on October 9, 2026, according to MarketBeat. The transaction was worth GBP 150.81, giving the latest company-specific market signal a small but concrete insider dimension.

Three milestones shape the story

On January 20, 2026, QinetiQ reaffirmed fiscal 2026 guidance for organic revenue growth of 3.00 percent and earnings per share growth of 15.00-20.00 percent, as reported by Simply Wall St.

On May 21, 2026, the company reported fiscal 2026 revenue of GBP 1,922.6 million, down from GBP 1,931.6 million in fiscal 2025, while underlying operating profit rose to GBP 217.9 million from GBP 185.4 million, according to Defense And Tech. The same report put funded order backlog at GBP 4.4 billion, up from GBP 2.8 billion, a larger operational figure than the modest revenue decline.

On August 21, 2026, QinetiQ announced that it would report first-half fiscal 2027 results on November 12, 2026, according to Simply Wall St.

What does the backlog mean for growth?

QinetiQ's investor page described the fiscal 2026 order intake as a record GBP 3.6 billion and the backlog as GBP 4.8 billion, providing visibility into fiscal 2027 revenue and beyond, according to QinetiQ. The contrast is clear: fiscal 2026 revenue slipped GBP 9.0 million year over year, while the order book expanded GBP 1.6 billion against fiscal 2025.

Analyst context remains divided. Simply Wall St reported targets of GBp 570.00 and GBp 610.00 in an October 2, 2026 update, while its analysis also highlighted execution risk around margins, program delivery and business mix. Those factors make the November results the next numerical test of whether backlog converts into profit.

QinetiQ stock awaits the next report

At the London Stock Exchange, QQ.L was last at GBp 463.80 at 4:35 p.m. London time on October 12, 2026, with a 52-week range of GBp 398.45 to GBp 576.50. Lang & Schwarz last showed QinetiQ at EUR 5.53 on October 12, 2026 at 11:00 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of QinetiQ stock.