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Acquisition Accelerates Cloud Services Growth and Expands Northeast Presence HERNDON, Va., Aug. 24, 2026 /PRNewswire/ -- ePlus inc.
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.
ePlus NASDAQ: PLUS reported fiscal first-quarter 2027 results that reflected modest revenue growth against a difficult prior-year comparison, while bookings and open orders increased substantially amid demand for artificial intelligence infrastructure, security, cloud and managed services.
ePlus inc. (PLUS) Q1 2027 Earnings Call Transcript
Managed Services Delivers Strong Performance and Increases Recurring Revenue ~ Reiterates Fiscal 2027 Guidance ~ First Quarter of Fiscal Year 2027 Net sales increased 1.0% to $649.1 million; services revenues increased 2.6% to $119.4 million. Gross billings increased 0.5% to $957.1 million.
HERNDON, Va., July 28, 2026 /PRNewswire/ -- ePlus inc.
HERNDON, Va., July 21, 2026 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that MES Computing, a brand of The Channel Company, has highlighted ePlus on its 2026 MES Midmarket 100 list.
SEC filings for PLUS aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.