Compass: AI opportunities from data infrastructure to productivity

研报英文原文证据摘录

Compass: AI opportunities from data infrastructure to productivity

26 June 2026

Sabrina Blanc

+33 1 42 13 47 32

European Business Services sabrina.blanc@bernsteinsg.com

Compass Group PLC Richard J. Clarke, FCA

+44 20 7676 6850

Rating richard.clarke@bernsteinsg.com

Outperform Niall Mitchelson

Price Target +44 20 7676 7144

niall.mitchelson@bernsteinsg.com

CPG.LN 38.70 USD

Lasith Siriwardana

+44 20 7550 2191

lasith.siriwardana@bernsteinsg.com

Compass: AI opportunities from data infrastructure to

productivity

We previously assessed the potential risk from AI on job destruction and, by definition, on

Close Date 25 Jun 2026

Compass. We now focus on the opportunities concerning both new business and efficiency

CPG.LN Close Price (USD) 32.22

gains, particularly those arising from the creation of new types of jobs and the growing need

Price Target (USD) 38.70

of the tech industry for catering services. Our estimates point to the emergence of a new

Upside/(Downside) 20%

addressable market of more than $10bn, in the US alone, of which Compass could capture at

52-Week Range 37.18/26.00

least its natural market share of 15%.

EDME 1,591.52

Market sentiment has cooled recently on AI-exposed names, amid fears of white-collar FYE Sep

job losses at catering companies such as Compass. Market sentiment then improved Div Yield 2.1%

again as investors focused on market opportunities linked to data centers, with the Market Cap (USD) (M) 54,788

deal between Aramark Nexus and a global hyperscaler providing additional support for EV (USD) (M) 63,521

the sector. Aramark is expecting the new segment of data center services to generate Performance YTD 1M 6M 12M

annual revenues in the hundreds of millions of dollars. Our colleague Madison Rezaei, Absolute (%) 1.3 3.5 0.7 (4.1)