Filtronic – moving upwards ahead of this week’s Trading Update, shares 139p, TP 205p

Mark Watson-Mitchell
2 days ago
2 min read

Mark Watson-Mitchell – 27.10.2025

Data keeps the modern world running, from laptops to cars - but as demand grows, moving that data efficiently is becoming more challenging.

The £308m-capitalised Filtronic (LON:FTC) specialises in keeping connections seamless, with higher bandwidth, lower latency, and rock-solid reliability.

That’s why leading global companies turn to the company for solutions they can’t find anywhere else.

Based in Sedgefield, it is a UK-based designer and manufacturer of advanced RF, microwave, and millimetre-wave technologies, serving high-performance sectors like telecoms, aerospace, defence, and space.

Better Connected World

Whether at work or at home, we all rely on RF signals - and whole industries depend on fast, reliable wireless connections.

With the RF spectrum being limited and increasingly complex, Filtronic helps technology companies make the most of it, keeping the world better connected.

Its technology is trusted in high-performance critical communications sectors.

Driven by excellence, integrity, and respect, the group pushes the boundaries of technology while staying true to its values, collaborating to create innovative solutions that solve today’s challenges and shape tomorrow’s world.

By building strong partnerships and focusing on sustainable growth, the business is committed to making a lasting impact.

Strategic Positioning

Filtronic’s competitive edge lies in its deep RF expertise, flexible manufacturing, and partnerships with global tech leaders like BAE Systems, SpaceX, Airbus, Leonardo and Qinetiq.

Their focus on sustainability, innovation, and reliability aligns with evolving demands in connectivity and secure communications.

Core Markets & Capabilities

• Telecommunications Infrastructure: RF filters, combiners, and transceivers for mobile networks and private wireless systems.

• Critical Communications: Solutions for emergency services, transport, and industrial networks.

• Space & Aerospace: High-reliability components for satellite payloads and airborne systems.

• Defence: Secure, high-frequency modules for radar, electronic warfare, and communications.

They also serve adjacent markets like high-frequency trading, test & measurement, and trackside-to-train communications.

AGM Due This Week

I am looking forward to reading the group’s Trading Update due to be issued ahead of its AGM this coming Thursday, 30^th October.

My View

For Broker’s Estimates I ask readers to please refer to my last feature on the group, published on Sunday 19^th October.

The group’s shares, which in mid-July this year were up to 175p, are now trading at 139p after ‘low-news’ periods of profit-taking.

They are now up over 1200% since my first note on the group and there is still so much more to come yet.

However, I do feel very confident that they will soon be breaking through my latest Target Price of 165p, while noting the Singer Capital Markets initiating note Target Price of 205p.