Rolls-Royce share price today, 25 November 2025: RR.L closes at 1,045p as quantum breakthrough and Dubai orders buoy sentiment

London, 25 November 2025 — Rolls-Royce Holdings plc (LON: RR.) ended Tuesday’s session higher, extending what has already been one of the most dramatic stock-market turnarounds in the FTSE 100.

According to Trustnet data, Rolls‑Royce closed at 1,045p on 25 November 2025, up 16p (+1.55%) on the day, having traded between roughly 1,019p and 1,045p on volume of just under 9.8 million shares. ^[1]

That puts the aero‑engineer comfortably above the psychologically important 1,000p level that recent technical commentary has highlighted as key short‑term support. ^[2]

Rolls-Royce share price today: key numbers

Based on today’s end‑of‑day figures and recent market data: ^[3]

Last price (25 Nov 2025): 1,045p
Daily change: +16p (+1.55%)
Intraday range: ~1,019p–1,045p
Previous close (24 Nov 2025): 1,029p
Approx. 52‑week range: low in the low‑500s, highs close to 1,200p
Shares in issue: about 8.4 billion ordinary shares
Member of: FTSE 100 index

Year to date, various sources estimate that Rolls‑Royce shares are up roughly 80–90% in 2025, on top of a 1,000%+ gain over the last five years and a 1,556% leap since their late‑2022 low of 67p, underscoring just how extreme the recovery has been. ^[4]

The latest Rolls-Royce news on 25 November 2025

Several fresh developments on 25 November 2025 help frame today’s move in the Rolls‑Royce share price:

Quantum-computing milestone for jet engine design
Civil aerospace wins highlighted after a “highly successful” Dubai Air Show
Media focus on the 1,556% rally since 2022 and what drove it
Heavy trading interest from UK retail investors

Let’s take each in turn.

1. Quantum leap: airflow simulations sped up “by orders of magnitude”

A GlobeNewswire release this morning announced that Canadian quantum‑computing firm Xanadu, Rolls‑Royce and UK‑based Riverlane have completed a collaborative project using quantum technology to accelerate jet‑engine airflow simulations. ^[5]

Key points from the announcement:

By combining Xanadu’s PennyLane software with Riverlane’s advanced quantum algorithms, Rolls‑Royce reports that simulation runtimes have been cut from weeks to under an hour in some test cases—a reduction described as up to a thousand‑fold. ^[6]
The work focuses on the notoriously complex systems of equations involved in modelling airflow through large engines, an area where quantum computers are expected to offer significant advantages over classical supercomputers. ^[7]
Rolls‑Royce’s computational science team says the project has “significantly advanced” its quantum‑application capabilities, positioning the company well as error‑corrected quantum hardware becomes practical. ^[8]

From an investor’s perspective, this is less about immediate revenue and more about long‑term competitive edge. Faster, cheaper design cycles could help Rolls‑Royce optimise new engine architectures, potentially improving fuel efficiency and lifecycle costs — huge value drivers in civil aerospace.

The news is being syndicated across multiple outlets, including The Manila Times and Yahoo’s newswire, amplifying coverage around the stock today. ^[9]

2. Civil aerospace momentum: Dubai Air Show orders in focus

Regional business press in the UK is also drawing attention today to Rolls‑Royce’s performance at last week’s Dubai Air Show. A Marketing Derby article describes the company “reflecting on a highly successful” show, where it secured major commitments for its Trent engine family. ^[10]

Highlights include:

Etihad Airways signalling plans to expand its wide‑body fleet with:
- 15 Airbus A330neo aircraft powered by the Trent 7000
- Seven Airbus A350‑1000 and 10 A350F freighters powered by the Trent XWB‑97 ^[11]
Air Europa stating its intention to add 40 Airbus A350‑900 aircraft powered by the Trent XWB‑84, further deepening its relationship with Rolls‑Royce. ^[12]
Emirates signing agreements related to maintenance, repair and overhaul (MRO) for its Trent 900‑powered fleet. ^[13]

Rolls‑Royce is investing around £1 billion across its modern Trent engines to improve durability (targeting an average life extension of about 80%), with a sizeable portion of the upgrades delivered during 2025. ^[14]

These order wins reinforce the bullish narrative from the company’s own 13 November 2025 trading update, which highlighted:

Large engine flying hours up 8% year‑on‑year in the first ten months of 2025, reaching about 109% of 2019 levels, and
Continued strong demand for wide‑body engines and long‑term service contracts. ^[15]

3. A 1,556% rally under the microscope

Commentary today also focuses on the sheer scale of Rolls‑Royce’s recovery.

A widely shared article notes that shares have surged 1,556% since their late‑2022 low near 67p — enough to turn a hypothetical £10,000 investment into more than £150,000. ^[16]

The piece attributes that extraordinary run to a mix of factors:

Macro tailwinds:
- A sharp rise in global defence spending amid geopolitical tensions, boosting demand for Rolls‑Royce’s power systems and military engines.
- A robust rebound in civil aviation, with long‑haul travel and engine flying hours now exceeding pre‑pandemic levels. ^[17]
Financial turnaround:
- Revenue climbing from about £11bn in 2021 to £17.8bn in 2024, with underlying operating profit swinging from losses to roughly £2.46bn last year. ^[18]
- 2025 guidance for underlying operating profit of £3.1–£3.2bn and free cash flow of £3.0–£3.1bn, reaffirmed in the November trading statement despite supply‑chain challenges. ^[19]
Transformation under CEO Tufan Erginbilgic:
- Aggressive cost control, simplification and a sharper focus on cash generation have been cited repeatedly by analysts as central to the turnaround. ^[20]

The same article cautions, however, that with the stock now trading close to historic highs and having already delivered such outsized gains, future returns are unlikely to match the last three years’ fireworks and will depend heavily on continued execution. ^[21]

4. Rolls-Royce among the UK’s most‑traded stocks this morning

Retail trading data add another angle to today’s story. Interactive Investor’s “Daily Trading Flash” report shows Rolls‑Royce among the 10 most‑traded shares on its platform in morning dealings on 25 November, with 58% of trades being buys rather than sells. ^[22]

That skew towards buy orders is consistent with the modest price rise into the close, and suggests that a portion of the retail investor base continues to “buy the dips” despite mounting concerns over valuation.

Analyst backdrop: RBC’s Outperform call and Moody’s upgrade

While not brand‑new today, two recent pieces of analyst and credit‑rating news continue to underpin sentiment around the Rolls‑Royce share price.

RBC Capital Markets: “Outperform” with 1,275p target

Last week, RBC Capital Markets initiated coverage of Rolls‑Royce with an “Outperform” rating and a price target of 1,275p per share — implying roughly 22% upside from today’s 1,045p close. ^[23]

RBC’s note emphasises:

Forecast revenue growth from about £19.7bn in 2025 to over £23bn by 2027,
EBITA (earnings before interest, tax and amortisation) rising to nearly £3.9bn by 2027, and
Particularly strong momentum in the wide‑body civil engine business, which the bank believes could account for around 70% of Rolls‑Royce’s market value despite representing only ~37% of sales. ^[24]

RBC also points out that:

Projected free‑cash‑flow yields of ~4.4% in 2026, rising to above 5% by 2029, compare favourably with sector averages, and
Additional upside could come from future programmes like UltraFan and from the company’s small modular reactor (SMR) activities, which are not fully reflected in its base‑case valuation. ^[25]

The bank does, however, flag execution risk, noting that consensus analyst forecasts already sit 9–20% above its own mid‑term estimates — meaning the bar for positive earnings surprises is high. ^[26]

Moody’s upgrade to Baa1: balance sheet rebuilt

On the credit side, Moody’s recently upgraded Rolls‑Royce’s rating to Baa1 with a positive outlook, reflecting a markedly strengthened balance sheet and improved cash generation. TechStock²

Coverage summarising the move stresses:

The company is expected to hit its medium‑term profit targets two years early (by 2026),
Leverage has fallen as cash flow has improved, and
The business is benefiting from structurally higher demand in defence and data‑centre power systems alongside the rebound in civil aerospace. TechStock²+1

Notably, Rolls‑Royce has also been buying back its own shares, with £0.9bn of a £1bn buyback completed by the end of October 2025, and has repaid a $1bn bond that matured in the same month — moves that further de‑risk the balance sheet. ^[27]

Valuation and risks investors are debating

Given the scale of the rally, recent commentary has become more nuanced. A detailed breakdown published yesterday on TS2.tech, looking at the 24 November 2025 share price, captured the debate around valuation and risks. TechStock²

The bear points

Across TS2 and other outlets, three main concerns are emerging: TechStock²+1

Demand normalisation
- Defence budgets and long‑haul flying hours have both enjoyed a powerful post‑pandemic and geopolitically driven upswing. Analysts warn that growth will eventually slow to a steadier pace, and any macro or geopolitical shock that dents air travel could hit Rolls‑Royce’s high‑margin engine‑service revenues.
Execution risk in the transformation and growth pipeline
- Moody’s upgrade assumes management hits ambitious margin and cash‑flow targets early. Delays in engine upgrades, SMR commercialisation, or data‑centre power projects could knock that trajectory off course. TechStock²+1
Valuation and expectations risk
- Some research notes that while Rolls‑Royce’s forward earnings multiple is not extreme versus global defence peers, it is no longer “cheap”, particularly given consensus forecasts that suggest earnings could dip slightly over the next few years. If growth falters or the macro backdrop deteriorates, the market may compress that valuation multiple. TechStock²+1

The bull points

On the other side of the ledger:

Credit quality and balance sheet strength are now much improved versus the crisis years, reducing the probability of severe downside scenarios. ^[28]
Civil aerospace flying hours, defence contracts and power‑systems demand remain robust, with fresh growth avenues highlighted in areas such as Middle Eastern airlines, data centres and SMRs. ^[29]
Analyst sentiment is still skewed heavily to “Buy” ratings, with average broker targets sitting somewhat above today’s 1,045p share price. TechStock²+1

In short: today’s Rolls‑Royce share price already discounts a great deal of good news, and the stock’s future path will likely hinge on whether management can keep beating those elevated expectations.

What to watch next for RR.L

Investors tracking the Rolls‑Royce share price after today’s move will have an eye on several upcoming milestones:

Full‑year 2025 results, scheduled for 26 February 2026, when the company will formally report whether it has hit its upgraded profit and cash‑flow guidance. ^[30]
Progress on engine durability upgrades and the post‑Dubai order book, particularly with airlines such as Etihad, Emirates and Air Europa. ^[31]
Further news on SMR projects in Sweden, the UK and the US, where Rolls‑Royce is advancing through selection and regulatory processes. ^[32]
Any follow‑up announcements from the quantum‑computing collaboration that might signal concrete commercial applications or partnerships. ^[33]

For now, the market appears willing to keep backing the turnaround story: today’s closing price of 1,045p leaves Rolls‑Royce trading near the upper end of its recent range, with analysts still pencilling in further upside — but with the caveat that execution needs to remain near‑flawless.

Important note

This article is for information and news purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Always do your own research and consider seeking guidance from a regulated financial adviser before making investment decisions.

Deal is done! #luxurysouq #dubai #mansory