ePlus inc. is reiterated as a Buy, supported by improving working capital, strong order pipeline, and positive free cash flow trends. Q1 FY27 showed modest 1% revenue growth, but open orders exceeded $1.5 billion, indicating robust underlying demand and potential H2 revenue acceleration. Managed services and security billings are outpacing product revenue, positioning PLUS for a gradual shift toward higher-margin, recurring revenue streams.
Plus500 Ltd (LSE:PLUS) has been upgraded to ‘buy' from ‘hold' by Cavendish, which said a 25% fall in the shares since the company's July trading update has left the financial technology group undervalued. The broker set a 4,490p target price, reduced from 4,685p, representing around 21% upside from the 3,714p share price used in its valuation.
Plus500 Ltd (LSE:PLUS) lifted revenue 12% to a three-year high in the first half, but earnings before interest, tax, depreciation and amortisation barely moved, edging up 1% to $187.5 million. The FTSE 250 trading platform attributed the gap to a deliberate step-up in customer acquisition spending, revenue-linked costs scaling in its US business and a stronger Israeli shekel against the dollar.
| Software Industry | Information Technology Sector | Mark Marron CEO | XFRA Exchange | 294268107 CUSIP |
| US Country | 2,171 Employees | 25 Aug 2026 Last Dividend | 14 Dec 2021 Last Split | 14 Nov 1996 IPO Date |
ePlus inc. is a prominent provider of information technology (IT) solutions, dedicated to enabling organizations across the globe to refine their IT infrastructure and supply chain processes. With operations both in the United States and internationally, ePlus inc. encompasses a broad range of IT services and solutions through its two primary segments: Technology and Financing. The company originally operated under the name MLC Holdings, Inc. before rebranding to ePlus inc. in 1999. Founded in 1990, and now headquartered in Herndon, Virginia, ePlus inc. has developed a reputation for delivering comprehensive IT solutions to commercial entities, state and local governments, government contractors, healthcare organizations, and educational institutions.
ePlus inc. offers a diverse portfolio of products and services designed to meet the complex needs of its clients. These are broadly categorized into two segments: Technology and Financing.
This segment focuses on providing a wide array of hardware, software (both perpetual and subscription-based), and IT services. The offerings include:
The Financing segment offers tailored financing solutions for IT acquisitions, including:
These comprehensive offerings make ePlus inc. a versatile partner for organizations looking to enhance their IT capabilities, manage IT-related risks, and optimize their technology investments through innovative solutions and financial strategies.