Tesco PLC
A grocery retailer operating stores and online services across the UK, Ireland, and Central Europe, alongside wholesaling, mobile services, and insurance products.
As of Jul 17, 2026
Executive summary
Tesco PLC is the UK's largest supermarket operator, running a vast grocery and general merchandise network across the country. The stock is trading on a bullish technical bias, having climbed 7.1% over the past month and 20.2% over the past year, with a current market capitalisation of £30.2 billion. The share price stands at 484.70p, up 1.3% on the day.
Price history
As of Jul 17, 2026
Performance
+1.32%
+2.73%
+7.14%
+2.04%
+12.06%
+20.24%
As of Jul 17, 2026
Technical indicators
- 62.4
- 1.72Bullish
- 50: 458.05 · 200: 450.68Bullish
- 457.30p / 476.10p
Technical Bias
Bullish lean
The technical setup for Tesco PLC is tilted bullish right now. The MACD is positive at 1.72 and both the 50-day and 200-day moving averages are aligned upward, suggesting underlying momentum, whilst the RSI sits neutrally at 62.4. This is a derived technical read, not a recommendation.
A transparent read of the indicators below — not a prediction or recommendation.
As of Jul 17, 2026
Fundamentals
- £30.2B
- 17.94
- 0.27p
- 2.42%
- +7.2%
- £2.80B
- 0.58
- 394.09p – 510.40p
- 3.07%
- May 14, 2026
- Oct 8, 2026 (82 days)
As of Jul 17, 2026
Upcoming catalysts
- Earnings report
As of Jul 17, 2026
Latest news
As of Jul 17, 2026
Short-term outlook
Tesco shares are up 7.1% over the past month, with MACD and both moving averages pointing bullish while RSI sits at a neutral 62.4, leaving some room before overbought territory. With support at 457.30p and resistance at 476.10p, the next few weeks likely hinge on whether price can clear 476.10p, ahead of the Oct 8, 2026 earnings date.
Medium-term outlook
Tesco's fundamentals paint a steady picture for the coming quarters: revenue growth of 7.2% year-on-year and a profit margin of 2.4%, typical for a defensive grocer, alongside a 3.1% dividend yield for income-focused holders. With a P/E of 17.94 and a bullish technical lean currently in place, the setup suggests the market is factoring in continued steady, if unspectacular, performance from here.
Key risks
- Tesco's profit margin sits at just 2.4%, so any cost pressure or price competition could squeeze earnings quickly given how thin that buffer is.
- Reports that Tesco is weighing an exit from Central and Eastern Europe, including a possible sale of over 500 stores, introduce uncertainty around execution, timing and any financial impact from restructuring.
- At 17.94, the price-to-earnings ratio leaves limited room for disappointment, so news that unsettles investor confidence, such as further details on the Central Europe review, could weigh on sentiment.
- As a large UK grocery retailer, Tesco remains exposed to intense price competition and thin-margin dynamics typical of the consumer defensive sector, even though its low beta of 0.58 suggests relatively muted share price swings
About Tesco PLC
Tesco PLC is the UK's largest grocery retailer, trading on the London Stock Exchange under the ticker TSCO. Operating within the Consumer Defensive sector and the Grocery Stores industry, Tesco holds a leading market position in a business built on everyday essentials, giving it a customer base and scale that few rivals can match. With a market capitalisation of £30.2B, it stands as one of the more substantial names in UK retail.
Tesco's key figures point to a mature, income-oriented business. A price-to-earnings ratio of 17.94 reflects how the market currently values its earnings relative to its share price, while a dividend yield of +3.1% shows the level of income the company is currently returning to shareholders. Together, these figures offer a snapshot of how investors are pricing Tesco's stability and its role as a defensive holding within the broader retail landscape.
AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.