Tesco PLC
A grocery retailer operating stores and online platforms across the United Kingdom, Ireland, and Central Europe, also offering food wholesaling, mobile services, and insurance products.
As of Oct 15, 2026
Summary
Tesco is the United Kingdom's largest supermarket operator and a significant player in general merchandise and financial services. The stock is trading with a bullish technical lean, supported by a one-month return of 9.8% and a twelve-month return of 20.9%, which together suggest sustained upward momentum. At a market capitalisation of £31.4 billion, the company remains a cornerstone holding in the consumer defensive sector.
Price history
As of Oct 14, 2026
Performance
+2.54%
+10.63%
+9.78%
+10.03%
+21.70%
+20.86%
As of Oct 14, 2026
Technical indicators
- 75.6Bearish
- 5.29Bullish
- 50: 468.13 · 200: 457.21Bullish
- 465.49p / 522.74p
Technical Bias
Bullish lean
Tesco's technical setup shows two bullish signals against one bearish read. The MACD and moving averages both favour upside, with price trading well above both the 50-day and 200-day averages, whilst RSI at 75.6 suggests overbought conditions. This is a derived technical read, not investment advice.
A transparent read of the indicators below — not a prediction or recommendation.
As of Oct 14, 2026
Fundamentals
- £31.4B
- 18.66
- 0.27p
- 2.42%
- +7.2%
- £2.80B
- 0.56
- 403.06p – 516.20p
- 3.05%
- May 14, 2026
- Apr 15, 2027 (181 days)
As of Oct 16, 2026
Upcoming catalysts
- Earnings report
As of Oct 16, 2026
Latest news
As of Oct 16, 2026
MonkeyTrade's Take on Tesco PLC
Short-term outlook
Tesco's short-term setup still leans bullish, with price well clear of both the 50-day and 200-day averages and MACD confirming the uptrend after a strong +9.8% month. That said, RSI at 75.6 signals overbought conditions, so a pause or pullback toward the 465.49p support looks likely before any fresh push at the 522.74p resistance. No earnings catalyst is imminent, with the next update not due until April 2027.
Medium-term outlook
Tesco's fundamentals support the bullish technical lean over the next few quarters: 7.2% revenue growth and a 3.0% dividend yield give investors both momentum and income, while a 2.4% margin shows the business converts sales into profit, even if modestly. At a P/E of 18.66, shares aren't cheap, so a slowdown in that revenue growth is the key risk that would undercut this view.
Key risks
- Tesco's profit margin sits at a thin 2.4%, typical of grocery retail, which leaves little room to absorb cost shocks without affecting earnings.
- The stock is trading at 521.35p, above its 52-week high of 516.20p, so recent gains leave less margin for error if sentiment turns.
- Tesco has flagged the proposed warehouse tax as "unfair" and warned it will hurt retailers, pointing to a cost headwind not yet fully reflected in results.
- Mixed valuation signals, with some analysis suggesting the shares are only modestly undervalued while other models point to a much larger discount, suggest uncertainty over how much of the recent rally is justified by fundamentals.
About Tesco PLC
Tesco PLC is the UK's largest grocery retailer, operating supermarkets and convenience stores across the country alongside a growing online shopping business. Listed on the London Stock Exchange under the ticker TSCO, Tesco sits within the Consumer Defensive sector, specifically the Grocery Stores industry, a category of business that tends to see steady demand regardless of wider economic conditions, as people need to keep buying food and household essentials.
With a market capitalisation of £31.4B, Tesco ranks among the larger companies on the London market. Its price-to-earnings ratio of 18.66 gives a sense of how the shares are valued relative to the company's earnings, while a dividend yield of +3.0% reflects the portion of profit Tesco returns to shareholders as income, a figure often watched closely by investors in defensive, cash-generative businesses like supermarkets.
How to trade Tesco PLC
Shares like this are usually traded as CFDs. Compare regulated brokers that offer share CFDs — weigh spreads, fees and platforms before you open an account.
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. How we build these pages.