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Analyst Insights
In-depth research on UK equities, sectors and market structure from the Openbook team. Each article carries its own byline.
Broadcom Inc (AVGO) Stock Analysis 2026: Earnings, AI Chip Growth and Balance Sheet Fundamentals
This Broadcom stock analysis examines AVGO's Q2 FY2026 earnings, record AI chip revenue growth, balance sheet structure, dividend cover, and valuation multiples — so you can assess the fundamentals for yourself.
Read full noteSpaceX (SPCX) Stock Analysis 2026: Fundamentals, Growth Drivers and What the Financials Show
This SpaceX (SPCX) stock analysis examines the company's first public financials, covering 2025 revenue of $18.67 billion, segment results across Starlink, space and AI, and the valuation multiples applied after the record-breaking June 2026 IPO.
Shell plc (SHEL) Stock Analysis 2026: Earnings, Dividend Cover and Balance Sheet Signals
This Shell plc share price analysis examines the company's Q1 2026 earnings beat, dividend cover, balance sheet trends and the strategic implications of the ARC Resources acquisition. Explore the key financial signals and risks shaping the investment case for SHEL in 2026.
Rio Tinto plc (RIO) Stock Analysis 2026: Iron Ore Margins, Dividend Cover and Balance Sheet Strength
This rio tinto stock analysis examines the key financial metrics from Rio Tinto plc's (RIO) 2025 full year results, including iron ore margins, dividend cover, balance sheet leverage and valuation multiples. Understand the drivers, the risks and what to watch next.
Why AI Infrastructure Stocks Keep Climbing
AI infrastructure stocks keep climbing as hyperscaler capex nears $700bn in 2026. Here is what is driving the rally and how Openbook scores the theme.
Why UK Defence Stocks Are Rallying
UK defence stocks are rallying as NATO targets 5% of GDP and global military spending hits a record $2.9tn. Here is what is driving it and how the theme scores.
Micron (MU) Stock Analysis 2026: Reward 60, Risk 72
Micron (MU) stock analysis 2026: record AI memory profits, a 60 Reward Score and a 72 Risk Score. Why the model is less impressed than the headlines.
Barclays (BARC) Stock Analysis 2026: Re-rated But Still Cheap?
Barclays (BARC) stock analysis 2026: rising RoTE, heavy buybacks and a 1.25x tangible book valuation. Our verdict, peers and the numbers to watch.
easyJet (EZJ) Stock Analysis 2026: Castlelake's £6.90 Takeover
easyJet (EZJ) stock analysis 2026: Castlelake's 690p takeover bid has board backing, yet the shares still trade at a discount. Is the deal safe to hold?
Top UK Property Stocks 2026: Persimmon, Taylor Wimpey, Rightmove
Top UK property stocks 2026: Openbook's model flags Persimmon and Taylor Wimpey as Capital Destroyers, while Rightmove screens as the only Quality Compounder.
Lloyds Banking Group (LLOY) Stock Analysis 2026: Rerate Priced In
Lloyds (LLOY) scores 64/100 on Openbook's reward model, but a 28.7% rally has left the consensus 111p target sitting at spot. Our LLOY stock analysis 2026 unpacks the momentum-versus-profitability split and what to watch into H1 results.
Compare UK Stocks Side by Side: HSBC vs AstraZeneca vs Shell vs Unilever
Compare UK stocks side by side with Openbook. See factor scores, valuation, performance, dividend yield and risk for HSBC, AstraZeneca, Shell and Unilever.
Filtronic (FTC) Stock Analysis 2026: Priced for Perfection
Filtronic scores 76 reward, 45 risk on Openbook. A net cash RF business with a record order book, but momentum drives the score and analysts now see downside.
Openbook's Free Stock Screener for UK & US Stocks: Filter Shares by Reward, Risk, P/E, Market Cap and Sector
A complete guide to Openbook's free stock screener for UK and US shares. Filter by Reward, Risk, P/E, market cap and sector, and read factor scores at a glance — no card, no trial clock.
Is Filtronic (FTC) a Good Investment? 2026 Verdict
Is Filtronic a good investment in 2026? A high-quality, net cash RF firm scoring 76 on Openbook reward, but a 60x P/E and no yield divide the answer.
Volex (VLX) Stock Analysis 2026: Momentum Leads, But Can the Fundamentals Follow?
Volex scores 63/100 on Openbook's reward model. We unpack the growth, momentum, and profitability data behind VLX stock analysis 2026 — and the margin gap the market has priced in but the business has not yet delivered.
easyJet: Catalysts, Risks and Final Recommendation
Final Hold rating on easyJet. Capex timing is the swing factor. Upside if capex normalises early and holidays scales; downside if fuel and capacity stay elevated. Part 5 of a 5-part series.
easyJet: Forecast Assumptions and DCF Valuation
easyJet DCF — five-year forecast, 12% revenue CAGR, 12% WACC, 2% terminal growth. Implied share price of 90p versus 470p market price. Part 4 of a 5-part series.
easyJet: Investment Thesis and Financial Analysis
Revenue growth is improving but it's volume-led, not pricing-led. Costs are mostly outside management's control. ROCE has rebuilt to 18%. Part 3 of a 5-part series.
easyJet: Industry Overview and Competitive Landscape
European travel demand remains supportive for easyJet, but Ryanair leads on scale and Wizz Air keeps the pressure on price. Part 2 of a 5-part easyJet series.
easyJet PLC: Hold — Recovery Intact, Free Cash Flow Is the Real Debate
easyJet has recovered from the pandemic, but the investment case still hinges on free cash flow during a heavy fleet investment cycle. Part 1 of a 5-part series.
The Openbook Top Stocks Portfolio: +17.5% in Five Months
Our Top Stocks portfolio is up 17.5% over the first five months of the year against 4.3% for the FTSE All-Share — roughly four times the index. An honest breakdown of what drove it, including how much rode on just three names.
UK Equities Are Pricing in a Stuck Bank of England. They Probably Shouldn't Be.
The FTSE 250's 30-40% discount to global peers reflects a market that has stopped believing in rate cuts. The pivot, when it comes, will be sharpest in real estate, utilities and selected consumer names.
Five FTSE Growth Stocks Worth Researching in 2026
The FTSE 100's value-and-income reputation hides a substantial cohort of compounders. We profile five of them — what drives the growth, what the consensus debate is, and what the risks look like.
Lloyds at Book Value: The Motor Finance Overhang Is the Whole Story
Lloyds trades close to tangible book value and yields over 5%. The relative cheapness is real. So is the FCA motor finance investigation that explains it.
Rolls-Royce After the Re-Rating: What the Flying Hour Number Actually Tells You
Rolls-Royce has risen more than 400% from its 2022 low. The debate now is whether the civil aerospace flying hour trajectory and the SMR optionality can carry a multiple that prices both.
The Highest-Yielding FTSE 100 Stocks in 2026 — and What the Yield Is Telling You
A 9% yield on a FTSE 100 stock is either a generational income opportunity or a warning the market is pricing a dividend cut. The difference matters. We profile five of the index's top yielders.
AstraZeneca at 30x Earnings: The Tagrisso Cliff Is What the Pipeline Has to Solve
AZN is the FTSE 100's largest company and one of its most expensive. The investment case rests on whether the late-stage oncology pipeline can replace Tagrisso revenue before biosimilar competition arrives at the end of the decade.
AI's Power Problem Is Rewriting the Investment Case for Nuclear
Hyperscaler PPAs with Vistra, TerraPower and Oklo signal that AI demand is now a primary driver of nuclear capacity decisions. The investable winners are not the technology developers.
Why the AI Capex Cycle Is a Tailwind for UK Grid and Waste Operators
Software multiples have compressed on disruption fears. The pick-and-shovel beneficiaries of the AI build-out — utilities, regulated infrastructure, waste — have not. We see the gap as the cleanest defensive play of 2026.
Small Modular Reactors: A Real Investment Case, or the Next NuScale?
Modular nuclear is the cleanest fit for the AI power story on paper. In practice, three commercial projects have already been cancelled or scaled back. Our view on the survivors.
The UK's £2.5bn SMR Bet Is Industrial Policy, Not Energy Policy
The decision to back Rolls-Royce over Westinghouse was a sovereign supply-chain choice as much as an engineering one. The investment case rests on whether the export pipeline converts.