Computacenter PLC's (LSE:CCC) latest guidance upgrade has prompted analysts to ask whether the market is still underestimating how much profit the IT infrastructure group can generate from the artificial intelligence investment boom. Shares in the FTSE 100 group were among the top risers on Monday, as brokers Stifel and Panmure Liberum were among those to lift their forecasts after the company said at the end of last week that annual results would be comfortably ahead of previous expectations.
Computacenter PLC (LSE:CCC) said first-half profit is set to double after a stronger-than-expected second quarter, prompting the technology services group to upgrade its outlook for the current year. The FTSE 100 technology and services provider said preliminary results indicated adjusted profit before tax for the six months to 30 June would be about double last year's relatively weak comparative of £81.5 million.
Jefferies has picked out Computacenter PLC (LSE:CCC) and Plus500 Ltd (LSE:PLUS) as two London-listed stocks that could surprise investors positively as companies report first-half results over the coming weeks. The broker named the pair among eight European companies it expects to beat market expectations, alongside two continental names it thinks could disappoint.
Britain's Climate Change Committee (CCC) urged the government on Wednesday to accelerate efforts to transition to clean energy and remove policy costs from electricity bills, as households reel from high energy prices. Here are some more details:
CCC Intelligent Solutions Holdings Inc. (CCC) Presents at 46th Annual William Blair Growth Stock Conference Transcript
Computacenter PLC (LSE:CCC), the London-listed technology services provider, is acquiring Government Acquisitions Inc (GAI), a US value-added reseller focused on the federal government market, for an enterprise value of up to $92 million. The deal, which has been cleared by the Committee on Foreign Investment in the United States and is expected to close on 1 June, gives Computacenter its first foothold in the US federal sector.
I retain a "Buy" rating for CCC Intelligent Solutions following my evaluation of its capital allocation and expansion potential. Emerging solutions like subrogation and payments are scaling rapidly, with management targeting these to comprise up to 40% of future revenues, up from the current 10%. The aggressive buybacks reinforce CCC's undervaluation; the stock is cheap based on historical and peer comparisons.
CCC Intelligent Solutions Holdings Inc. Common Stock NASDAQ: CCC management said the company is entering its next phase with artificial intelligence moving from evaluation and testing into broader production use across its customer base.
The heavy selling pressure might have exhausted for CCC Intelligent Solutions (CCC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
The mean of analysts' price targets for CCC Intelligent Solutions (CCC) points to a 70.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
CCC Intelligent Solutions Holdings Inc. (CCC) Q1 2026 Earnings Call Transcript
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