BTI — British American Tobacco p.l.c.

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About British American Tobacco p.l.c.

British American Tobacco p.l.c. provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa. The company offers vapour products; heated products, which consists of a battery-powered device and a plant-based substance consumable that is heated; modern oral products, such as nicotine pouches; combustibles, including cigarette sticks an… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$62.92
Market Cap$142.14B
Float1.98B
Shares Outstanding2.16B
P/E (Forward)13.48
P/E (TTM)14.07
Price/Sales (TTM)5.55
vs. Analyst Target+6.9% to analyst PT
Profit Margin30.32%
Operating Margin (TTM)34.58%
Revenue (TTM)$25.61B
Earnings Growth (YoY)1.60%
Dividend Rate3.3%
Analyst Target Price$67.24 (5 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $25.78B $6.40B $21.33B $11.78B
2021 $25.68B $6.80B $21.09B $11.19B
2022 $27.66B $6.67B $22.85B $12.23B
2023 $27.28B -$14.37B $22.39B $13.28B
2024 $25.87B $3.07B $21.43B $7.74B
2025 $25.61B $7.76B $21.38B $11.76B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2024 $12.34B $4.49B
Dec 2024 $13.53B -$1.42B
Jun 2025 $12.07B $4.51B
Dec 2025 $13.54B $3.25B

Ownership & Float

Insider Ownership0.1%
Institutional Ownership15.3%
Short Float0.4%
% of All Funds Holding9.92%
Number of Funds Holding815

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$60.00Near-term / short-term trend
Weekly40-Week SMA$57.43Medium-term trend
Weekly80-Week SMA$50.44Cyclical trend (business cycle)
Weekly200-Week SMA$40.77Secular trend (multi-year)
Monthly10-Month SMA$58.00Near-term monthly trend
Monthly20-Month SMA$49.95Medium-term monthly trend
Monthly40-Month SMA$41.36Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$48.00 support 1.24x 9 months ago
$42.00 support 1.39x 12 months ago
$39.10 support 1.01x 13 months ago
$31.20 support 1.03x 21 months ago

Historical Earnings Reactions (80 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.14% 0.00% 43.75% 3.45% -4.51%
1 Day -0.19% -0.06% 46.25% 3.92% -7.04%
1 Week -0.25% -0.66% 41.25% 8.85% -8.33%
2 Weeks -0.20% -0.80% 45.00% 12.39% -12.14%
1 Month 0.40% -1.16% 46.84% 18.98% -15.48%

Next earnings: April 28, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.5%65.2%46
Feb1.1%56.5%46
Mar0.9%52.2%46
Apr2.2%63.0%46
May1.0%56.5%46
Jun0.8%50.0%46
Jul2.4%65.2%46
Aug-0.7%45.7%46
Sep0.2%58.7%46
Oct-0.1%56.5%46
Nov1.2%54.3%46
Dec1.7%60.9%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.08% 46.3% 2196
Tuesday 0.06% 44.7% 2385
Wednesday 0.09% 44.9% 2382
Thursday 0.02% 43.6% 2336
Friday 0.04% 45.2% 2323

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 15.3%

Insider Transactions — Smart Summary

Total insider ownership: 0.1%

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for British American Tobacco p.l.c. (BTI) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BTI on Trend Edge →