Analysts welcome Halfords upgrade to 2025 figures, but remain ‘cautious’ regarding 2026
Halfords Group’s share price shot up more than 15 per cent before falling back to around a 13 per cent increase in response to a profit upgrade. Describing Halfords’s latest forecast as an “unscheduled trading update”, Zeus financial analysts described it as “a circa 14 per cent increase to our full-year 2025 underlying profit-before-tax estimate from £28.5 million to £32.5 million”. Indeed, that figure is towards the lower end of the £32 million – £37 million of the guided range released by Halfords on 28 January 2025.