RE: Results27 Feb 2026 11:55
Chris Beauchamp, chief market analyst at IG, said: ‘Ocado continues to be one of the most impressive vehicles for shareholder value destruction we have seen.’
He said it has been ‘overtaken by its more pedestrian, but larger, rivals, utilising their size and reach and building on their existing business to tell a much more compelling story for investors’.
'Rather than use Ocado's technology, they have instead built their own and simply bypassed the newcomer, leaving Ocado as the great white elephant that failed to deliver,' Beauchamp added.