Oxford Nanopore shares up as expects annual growth at top end of range

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Oxford Nanopore Technologies PLC shares surged on Friday as it set out upbeat guidance for the full-year.

The Oxford-based specialist in DNA and RNA sequencing technologies said 2025 constant currency revenue growth is to be at the top end of its stated 20% to 23% range.

‘All other financial metrics tracking in line with expectations,’ it added, in a brief update on Friday.

Revenue in 2024 amounted to £183.2 million, rising 8.0% on a reported basis and 11% at constant currency.

Shares in the company rose 6.7% to 142.60 pence each in London on Friday morning.

Oxford Nanopore in August announced Chief Executive Officer Gordon Sanghera will leave the company at the end of 2026.

With a CEO succession process ‘actively underway’, the firm has postponed an investor event scheduled for this time next week, ‘pending appointment of the new CEO’.

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