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Big Technologies Settles Buddi Dispute and Pushes for Deal in Murray Case

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Big Technologies Settles Buddi Dispute and Pushes for Deal in Murray Case

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Big Technologies PLC ( (GB:BIG) ) just unveiled an announcement.

Big Technologies has reached a full and final settlement of the Buddi Litigation, agreeing to pay £38.5m in cash to former minority shareholders of Buddi Limited who alleged they were wrongly forced, or misled, into selling their stakes when Buddi was acquired in 2018 and denied the opportunity to reinvest in Big Technologies. The settlement, largely covered by prior provisions, leaves the group with an estimated £61.9m in cash at year-end 2025 after the initial payment and removes a major source of uncertainty, while the board continues mediation with founder Sara Murray and associated parties to seek a negotiated resolution to separate ongoing proceedings and avoid further protracted litigation.

The most recent analyst rating on (GB:BIG) stock is a Hold with a £94.00 price target. To see the full list of analyst forecasts on Big Technologies PLC stock, see the GB:BIG Stock Forecast page.

Spark’s Take on GB:BIG Stock

According to Spark, TipRanks’ AI Analyst, GB:BIG is a Neutral.

Big Technologies PLC’s strong financial performance is the primary driver of its score, supported by a stable balance sheet and robust profitability. However, technical indicators suggest bearish momentum, and valuation metrics are weak due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a moderate overall stock score.

To see Spark’s full report on GB:BIG stock, click here.

More about Big Technologies PLC

Big Technologies plc is a market leader in the electronic monitoring industry, providing advanced hardware and software solutions under the Buddi brand to support the monitoring of individuals, primarily in the criminal justice sector. Its integrated, subscription-based, SaaS-like platform offers flexible and scalable electronic monitoring deployments across multiple geographies and use cases.

Average Trading Volume: 338,633

Technical Sentiment Signal: Sell

Current Market Cap: £251.6M

Find detailed analytics on BIG stock on TipRanks’ Stock Analysis page.

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