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BT Group plc (BTGOF) Stock Price & Analysis

BT Group plc (BTGOF) — price $2.46 (0.00%), as of the Oct 2, 2026 trading session; market cap $24.0B. Expected results Nov 5, 2026.

Educational signal · not a buy or sell recommendation · How to read this

$2.46 $0.00 (0.00%) Market Cap $24.0B

BT Group plc · BTGOF · Communication Services · Telecommunications Services

Headquartered in London, UK, BT Group plc, incorporated in 2001 (and formerly known as Newgate Telecommunications Limited until its renaming in September 2001), stands as a global provider of communication services.

Price as of Oct 2, 2026

Key Statistics

No publishable V2 score is available for this stock yet.

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$2.46
Change on the day0.00%
52-week range$2.19 – $3.22
Market capitalisation$24.0B
Price / earnings (trailing)11.92
Shares traded on the day10.0K
Beta (volatility vs the S&P 500)0.43
Dividends per share (last 12 months)$0.11
Dividend yield (last 12 months)4.56%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $2.33, high $3.12, latest $2.46. 2 reported quarters marked, 0 above and 2 below the recorded estimate. 1 other dated event marked. $3.12 $2.33 high $3.12 Nov 6, 2025 · Earnings results · reported below the recorded estimate · close $2.371May 21, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $2.872May 21, 2026 · Earnings results · reported below the recorded estimate · close $2.873 Sep 5, 2025 Oct 2, 2026 · $2.46 $2.74Sep 5, 2025$2.72Sep 19, 2025$2.44Oct 3, 2025$2.42Oct 17, 2025$2.47Oct 31, 2025$2.34Nov 14, 2025$2.37Nov 28, 2025$2.41Dec 12, 2025$2.42Dec 26, 2025$2.38Jan 9, 2026$2.35Jan 23, 2026$2.69Feb 6, 2026$2.70Feb 20, 2026$2.78Mar 6, 2026$2.80Mar 20, 2026$2.72Apr 2, 2026$2.88Apr 17, 2026$2.90May 1, 2026$3.08May 15, 2026$3.00May 29, 2026$2.80Jun 12, 2026$2.62Jun 26, 2026$2.50Jul 10, 2026$2.53Jul 24, 2026$2.55Aug 7, 2026$2.77Aug 21, 2026$2.62Sep 4, 2026$2.72Sep 18, 2026$2.46Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · below the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · below the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • Starting with fiscal year '27, we expect total revenue of around GBP 19 billion to GBP 19.5 billion.

    Allison Kirkby · Statement from

  • Now that we have passed the peak, we expect this to be around GBP 4.3 billion on an accounting basis with some prior year spending falling into fiscal year '27 in cash terms. And we continue to target normalized free cash flow for '27 of GBP 2 billion, exactly what we promised this time 2 years ago.

    Allison Kirkby · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for BT Group (BTGOF): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

9-Factor Breakdown

Revenue Growth Neutral
Gross Margin Strong
Operating Leverage Neutral
Cash Runway Neutral
R&D Intensity Neutral
Insider Activity Moderate
Trading Liquidity Neutral
Price Momentum Negative
News Sentiment Neutral

Legends Council

4 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Englander-style lens (simulated) Izzy Englander Unfavorable read
Klarman-style lens (simulated) Seth Klarman Unfavorable read
Moon AI lens (model) Neutral read

Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Weak
Margin of Safety Fairly Valued
Profit Margin Weak
Revenue Growth Negative
Debt/Equity Negative
ROE Weak
Gross Margin Moderate

Read on: May 1, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On May 1, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 6, 2026, except a card that shows its own read date.

Watch the BTGOF film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is BT Group (BTGOF), and what does it report?

Short answer · as of

Headquartered in London, UK, BT Group plc, incorporated in 2001 (and formerly known as Newgate Telecommunications Limited until its renaming in September 2001), stands as a global provider of communication services. BT Group plc (BTGOF) is classified as Communication Services / Telecommunications Services. SEC filing business address: BT Centre - 81 Newgate ST, London England, X0, EC1A 7AJ. It employs 77,200 people and is led by Allison Kirkby. In Q4 FY2026 it reported revenue of $6.51B and net income of $282M. The market values it at $24.0B.

2 · Latest results

What do the latest results show for BT Group (BTGOF)?

Short answer · as of

The most recent reported quarter, Q4 FY2026, carried revenue of $6.51B. Against analyst estimates the company has EPS beat 2 of 8 reports.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$6.49B May 21, 2026
Latest report · revenue estimate
$4.90B May 21, 2026
Latest report · revenue vs estimate
Above estimate May 21, 2026
Latest report · EPS vs estimate
Below estimate May 21, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
May 21, 2026$6.49B$4.90B$0.0278$0.1108
Nov 6, 2025$13.19B$6.68B$0.0451$0.1342
May 22, 2025$6.61B$6.68B$0.1046$0.1098
Jan 30, 2025$6.41B$6.36B$0.0190$0.1776

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter (converted from GBP)
PeriodRevenueNet incomeEPS
Q4 FY2026$6.51B$282M$0.03 (diluted)
Q3 FY2026$6.51B$282M$0.03 (diluted)
Q2 FY2026$6.48B$430M$0.04 (diluted)
Q4 FY2025$6.77B$198M$0.02 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for BT Group (BTGOF)?

Short answer

The distress and quality screens read Altman Z 1.16 · Piotroski F 6. Trailing ratios: ROE 2.3% · ROA 0.6% · current ratio 0.85 · earnings yield 1.6% · free-cash-flow yield 8.1%.

Data-derived red flags

  • Financial-distress signal — its Altman Z-Score of 1.16 sits in the distress zone (elevated bankruptcy risk).
  • Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 8 reported quarters.
4 · What to check next?

What should you watch next at BT Group (BTGOF)?

Short answer · as of

The next earnings report is expected on Nov 5, 2026.

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. Starting with fiscal year '27, we expect total revenue of around GBP 19 billion to GBP 19.5 billion.

    Allison Kirkby ·

  2. Now that we have passed the peak, we expect this to be around GBP 4.3 billion on an accounting basis with some prior year spending falling into fiscal year '27 in cash terms. And we continue to target normalized free cash flow for '27 of GBP 2 billion, exactly what we promised this time 2 years ago.

    Allison Kirkby ·

What the records here don't tell us

  • Detailed statement figures are not shown because their conversion to USD has not been verified.
  • No insider Form 4 transaction falls inside the window this page reads.

Checked against the records this page reads, on the dates shown above.

BTGOF Communication Services Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

Why is Openreach important to BT Group?

Openreach owns and maintains the local fixed-access infrastructure connecting homes, mobile towers and business sites, and sells wholesale access to communications providers. It makes BT an infrastructure operator as well as a retail communications company.

Sources (as of 2026-09-12): Business description

What does BT Global sell to multinational customers?

BT Global manages and secures network and cloud infrastructure for multinational companies, including voice, data, managed services, security and broader information-technology infrastructure. Its demand depends on corporate connectivity and infrastructure needs rather than household subscriptions.

Sources (as of 2026-09-12): Business description

What is the BTGOF stock price today?

The last price recorded on this page for BT Group plc (BTGOF) is $2.46, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

Does BTGOF pay a dividend?

Yes. BT Group plc (BTGOF) shows a trailing 12-month dividend yield of 4.56%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources — records for every figure on this page (42 figures)

The 42 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsAllison Kirkby (May 21, 2026): Starting with fiscal year '27, we expect total revenue of around GBP 19 billion to GBP 19.5 billion. Allison Kirkby (May 21, 2026): Now that we have passed the peak, we expect this to be around GBP 4.3 billion on an accounting basis with some prior year spending falling into fiscal year '27 in cash terms. And we continue to target normalized free cash flow for '27 of GBP 2 billion, exactly what we promised this time 2 years ago.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressBT Centre - 81 Newgate ST, London England, X0, EC1A 7AJOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "1 Braham Street, London, GL, E1 8EE, GB".

FMP — 31 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.lastLatest provided price$2.46FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T12:35:02.354Z.
px.changeChange on the day0.00%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$24.0BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:00.000Z. Captured from FMP at 2026-10-05T12:35:00.980Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
earn.nextNext earnings dateNov 5, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
id.business_summaryBusiness description (FMP excerpt)Headquartered in London, UK, BT Group plc, incorporated in 2001 (and formerly known as Newgate Telecommunications Limited until its renaming in September 2001), stands as a global provider of communication services.FMPFinancial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation
px.change_absChange on the day, in dollars$0.00FMPFinancial Modeling Prep (FMP) · quote
px.pePrice / earnings (trailing)11.92FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day10.0KFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta0.43FMPFinancial Modeling Prep (FMP) company profile
id.sectorSector / industry (provider taxonomy)Communication Services / Telecommunications ServicesFMPFinancial Modeling Prep (FMP) company profile — The company's SEC filings classify it under SIC 4813 — Telephone Communications (No Radiotelephone).
id.employeesEmployees77,200FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
id.ceoChief executiveAllison KirkbyFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
fin.q_revenueRevenue, Q4 FY2026$6.51BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
fin.q_incomeNet income, Q4 FY2026$282MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
earn.history.depth.2026-05-21.revenue_actualRevenue · reported — report date 2026-05-21$6.49BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-21.revenue_estimatedRevenue · estimate — report date 2026-05-21$4.90BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-21.eps_actualEPS · reported — report date 2026-05-21$0.0278Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-21.eps_estimatedEPS · estimate — report date 2026-05-21$0.1108Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_actualRevenue · reported — report date 2025-11-06$13.19BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.revenue_estimatedRevenue · estimate — report date 2025-11-06$6.68BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_actualEPS · reported — report date 2025-11-06$0.0451Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-06.eps_estimatedEPS · estimate — report date 2025-11-06$0.1342Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-22.revenue_actualRevenue · reported — report date 2025-05-22$6.61BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-22.revenue_estimatedRevenue · estimate — report date 2025-05-22$6.68BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-22.eps_actualEPS · reported — report date 2025-05-22$0.1046Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-05-22.eps_estimatedEPS · estimate — report date 2025-05-22$0.1098Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-01-30.revenue_actualRevenue · reported — report date 2025-01-30$6.41BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-01-30.revenue_estimatedRevenue · estimate — report date 2025-01-30$6.36BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-01-30.eps_actualEPS · reported — report date 2025-01-30$0.0190Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-01-30.eps_estimatedEPS · estimate — report date 2025-01-30$0.1776Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q4 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed

UNRECORDED — 4 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
px.range5252-week range$2.19 – $3.22UNRECORDEDStored company-profile observation — Captured 2026-10-05
earn.historyReported versus estimated, recent quartersEPS beat 2 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-05
fin.scoresDistress and quality screensAltman Z 1.16 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-03 · Expired observation
fin.ratiosReturn and yield ratios (trailing twelve months)ROE 2.3% · ROA 0.6% · current ratio 0.85 · earnings yield 1.6% · free-cash-flow yield 8.1%—UNRECORDEDStored key metrics — Date unknown

COMPUTED — 4 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.11COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 2 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months4.56%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-05-21.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($6.49B) with the recorded estimate ($4.90B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-05-21.eps_actual.comparisonLatest report · EPS vs estimateBelow estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.0278) with the recorded estimate ($0.1108) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 1 fact from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
gap.statement_currencyStatement currency limitationDetailed statement figures are not shown because their conversion to USD has not been verified.OURSStock Expert AI currency-basis check

Fact-family notes

  1. Earnings-history note. Source series as of 2026-05-21. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-05-21.revenue_actual, earn.history.depth.2026-05-21.revenue_estimated, earn.history.depth.2026-05-21.revenue_actual.comparison, earn.history.depth.2026-05-21.eps_actual.comparison, earn.history.depth.2026-05-21.eps_actual, earn.history.depth.2026-05-21.eps_estimated, earn.history.depth.2025-11-06.revenue_actual, earn.history.depth.2025-11-06.revenue_estimated, earn.history.depth.2025-11-06.eps_actual, earn.history.depth.2025-11-06.eps_estimated, earn.history.depth.2025-05-22.revenue_actual, earn.history.depth.2025-05-22.revenue_estimated, earn.history.depth.2025-05-22.eps_actual, earn.history.depth.2025-05-22.eps_estimated, earn.history.depth.2025-01-30.revenue_actual, earn.history.depth.2025-01-30.revenue_estimated, earn.history.depth.2025-01-30.eps_actual, earn.history.depth.2025-01-30.eps_estimated.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
Headquartered in London, UK, BT Group plc, incorporated in 2001 (and formerly known as Newgate Telecommunications Limited until its renaming in September 2001), stands as a global provider of communication services. Its extensive portfolio of communication products and services reaches customers across the United Kingdom, continental Europe, the Middle East, Africa, the Americas, and the Asia Pacific. Operations are structured across four key segments: The Consumer segment caters to residential users, providing essential services such as fixed-line telephony, mobile connectivity, high-speed broadband, and television under its well-known BT, EE, and Plusnet brands. Its Enterprise division serves businesses and public sector organizations, delivering network infrastructure solutions to other communication providers, in addition to a suite of communication and IT services encompassing fixed voice, mobile, fixed-line connectivity, and general IT support. The Global segment is dedicated to managing and securing network and cloud infrastructure for multinational corporations, offering comprehensive voice and data network services, including managed services, security solutions, and IT infrastructure provisions. Openreach operates as a wholesale provider, overseeing the critical fixed connectivity access network that interconnects diverse locations such as homes, mobile towers, educational institutions, retail outlets, financial establishments, healthcare facilities, and various enterprises. This segment is also responsible for delivering 'last-mile' services across the local access network, alongside the installation and upkeep of both fiber optic and copper communication infrastructure from exchanges to end-user properties. A strategic partnership with Microsoft further enhances BT Group's capabilities.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.