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Quite a lot of big-name FTSE 100 and FTSE 250 shares are set to launch recent buying and selling updates within the month forward. I’ve been looking the monetary calendar to see which might outperform expectations.
Precisely predicting near-term share value actions is a famously troublesome enterprise. Even when a listed firm reviews blowout gross sales or earnings progress, it might nonetheless fall if different components spook buyers. They’ll additionally reverse amid a broader drop in inventory market confidence.
Nonetheless, let me inform you about Volex (LSE:VLX) — an AI inventory from the FTSE 250 — and why I consider it’s share value might rise this month.
Speedy progress
Volex’s share value has been on a bumpy experience in 2026. It’s up 38% since 1 January, however buying and selling has been risky resulting from worries over a possible AI bubble.
This firm makes high-speed direct connect cables (DACs) which can be prized by knowledge centres. And proper now, demand is rocketing as AI infrastructure builds out at fast tempo, however that’s not all. Gross sales are additionally booming in different progress sectors like electrical automobiles, renewable vitality and healthcare.
Volex’s newest replace on 19 October confirmed “year-on-year progress in each end-market” within the six months to September. Group natural gross sales had been up a powerful 21%, whereas working margins nudged nearer to the agency’s medium-term goal of 12%.
Mixed, they prompted Volex to foretell full-year earnings “across the top-end of market forecasts.”
However right here’s the factor, the share value dropped after what was largely one other glorious replace. Information centre orders have been a bit of cooler in current months. And at a time of rising concern over AI progress, this has been sufficient to ship Volex decrease.
Good omens
As I discussed, predicting near-term share value actions will be troublesome. Nevertheless, there are a few the reason why I believe Volex might bounce again in November.
One is information of document revenues from its North American peer Amphenol, which on 28 October smashed analyst expectations and that despatched its share value hovering. Full-year forecasts right here had been additionally raised, pushed once more by the booming AI sector.
The second cause why Volex shares might bounce again is that it now seems low cost. As I say, it’s up greater than a 3rd in worth in 2026. But it surely has retraced 13% over the previous month, which — to some analysts and commentators — leaves it wanting extraordinarily low cost.
A ‘low cost’ FTSE 250 share
At 566p, Volex’s share value at present has a price-to-earnings (P/E) ratio of 17.2 occasions. That’s not conventionally low cost however is a way beneath Amphenol’s (30.6 occasions). It’s additionally below earnings multiples of different sector friends together with TE Connectivity (19.9) and Huber+Suhner (34).
And I really feel a reassuring buying and selling replace this month could possibly be the spark that prompts worth buyers to dive in. Volex’s half-year report is scheduled for launch on 12 November.
I believe Volex could possibly be a prime share to contemplate for each short- and long-term buyers. Simply be conscious that it is a riskier choose than standard within the present local weather. For those who’re not satisfied, check out the highest progress share mentioned in depth within the free wealth report beneath.
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Royston Wild doesn’t maintain any positions within the firms talked about.
