CML Microsystems (LON:CML) – up 36% in under one month

11.07.2025

Ahead of the group’s AGM on Tuesday 5^th August, this group’s good news stream is beginning to wind up.

The semiconductor specialist for mixed-signal, RF and microwave solutions for global communications markets yesterday that it has secured a 12-year design and supply agreement with a leading manufacturer of industrial Global Navigation Satellite System (GNSS) equipment.

Under the contract terms, CML will deliver advanced design services and product supply valued at over $30m across the duration of the partnership.

Since I profiled the group as a ‘gamble’ three weeks ago, when the shares were just 235p, they yesterday peaked at 320p before closing 12% better, some 33p up on the day at 313p.

This whole sector is growing at quite a pace, with CML expected to see even more business being won before the year is out.

The shares are a Hold and certainly not for chasing while awaiting more corporate news and guidance enabling brokers to update their views of the group.

Even so a 36% gain inside the month is good going.

(Profile 19.06.25 @ 235p set a Target Price of 295p*)