JPMorgan reiterates 'overweight' on Ocado, lifts price target
12th Aug 2026 09:14
(Sharecast News) - JPMorgan reiterated its 'overweight' rating on Ocado on Wednesday and lifted the price target to 290p from 245p as it continues to view the risk/reward as "highly attractive".
Read moreOcado said to have abandoned pursuit of £190m payment from M&S
28th Jul 2026 13:56
(Sharecast News) - Ocado has reportedly quietly abandoned its pursuit of a £190m payment from Marks & Spencer following a dispute related to their online grocery joint venture.
Read moreOcado sticks to cash flow forecasts; In talks with 'multiple' US retailers
16th Jul 2026 07:46
(Sharecast News) - UK online grocery and warehouse tech group Ocado on Thursday said it still expected to be cash-flow positive by the end of this financial year, although investors were unimpressed, marking the shares down 10% in early London trade.
Read moreOcado CEO Tim Steiner to step down in 2028
6th Jul 2026 09:01
(Sharecast News) - Ocado said on Monday that chief executive officer Tim Steiner will step down in 2028.
Read moreOcado said to be lining up successor to CEO Tim Steiner
22nd Jun 2026 08:00
(Sharecast News) - Ocado said on Monday that its chief executive and the board "continually engage in long-term succession planning and regularly engage with potential candidates".
Read moreOcado and Asda to enter ecommerce partnership
29th May 2026 07:40
(Sharecast News) - Ocado said on Friday that it has agreed to enter a partnership with Asda to develop the latter's online business across the UK with the Ocado Smart Platform.
Read moreUK grocery inflation eases to year-low - Worldpanel
28th Apr 2026 07:16
(Sharecast News) - Grocery inflation fell to a year-low in April, industry data showed on Tuesday, despite the spike in global energy prices following the outbreak of war in the Middle East.
Read moreDirector dealings: Ocado's Rausing snaps up shares
13th Mar 2026 14:11
(Sharecast News) - Ocado revealed on Friday that non-executive director Jorn Rausing had acquired 910,698 ordinary shares in the FTSE 250-listed grocery technology business.
Read moreGrocery price inflation ticks higher - Worldpanel
3rd Mar 2026 09:11
(Sharecast News) - Grocery inflation inched back up in February, industry data showed on Tuesday, halting four consecutive months of falls.
Read moreOcado to axe 1,000 jobs in £150m cost-cutting drive
26th Feb 2026 08:02
(Sharecast News) - Shares in UK grocer and technology group Ocado slumped on Thursday said it would be slashing around 1,000 jobs as part of a drive to save £150m in costs after setbacks to its automated warehouse programme rollout.
Read moreOcado to cut up to 1,000 jobs - report
9th Feb 2026 07:34
(Sharecast News) - Supermarket technology group Ocado is reportedly planning to cut up to 1,000 jobs, or 5% of its global headcount, as part of a renewed cost-cutting drive after a bruising year for its automated warehouse business.
Read moreOcado to cut up to 1,000 jobs - report
9th Feb 2026 07:34
(Sharecast News) - Supermarket technology group Ocado is reportedly planning to cut up to 1,000 jobs, or 5% of its global headcount, as part of a renewed cost-cutting drive after a bruising year for its automated warehouse business.
Read moreShop price inflation eases to nine-month low - Worldpanel
3rd Feb 2026 11:32
(Sharecast News) - Shop price inflation continued to soften in January, industry data showed on Tuesday, reaching a nine-month low.
Read moreOcado shares slide as Canadian partner Sobeys to shut CFC in Calgary
29th Jan 2026 08:19
(Sharecast News) - Ocado shares tanked on Thursday after it said Canadian supermarket Sobeys, one of its partners, has decided to close its customer fulfilment centre in Calgary.
Read moreMarks & Spencer reiterates outlook after 'solid' Christmas
8th Jan 2026 07:00
(Sharecast News) - Marks and Spencer Group left its full-year guidance unchanged on Thursday, after what it called "solid" Christmas trading.
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