Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Eleco ( (GB:ELCO) ) has provided an update.
Eleco plc reported a strong performance for the first half of 2025, with significant growth in total revenue and recurring revenues, despite geopolitical and macroeconomic challenges. The company achieved a 19% increase in Annualised Recurring Revenue and a 23% rise in Total Recurring Revenue, with recurring revenues now accounting for 81% of total revenues. The acquisition of PEMAC has expanded Eleco’s customer base in CMMS Asset Management and Maintenance, while measures have been implemented to address deferred pipelines in construction markets. The company remains confident in meeting market expectations for the full year.
The most recent analyst rating on (GB:ELCO) stock is a Buy with a £176.00 price target. To see the full list of analyst forecasts on Eleco stock, see the GB:ELCO Stock Forecast page.
Spark’s Take on GB:ELCO Stock
According to Spark, TipRanks’ AI Analyst, GB:ELCO is a Outperform.
Eleco’s strong financial performance and positive corporate events significantly boost its overall stock score. The company’s robust revenue growth, high profitability, and strong cash generation are valuable strengths. Technical analysis reflects a positive trend, enhancing the score. However, a relatively high P/E ratio indicates valuation concerns, slightly tempering the overall assessment.
To see Spark’s full report on GB:ELCO stock, click here.
More about Eleco
Eleco plc is an AIM-listed specialist international provider of software and related services to the built environment. Through its operating brands such as Elecosoft, BestOutcome, PEMAC, Vertical Digital, and Veeuze, the company offers solutions from early planning and design stages to construction, asset management, and facilities management. Eleco operates from centers of excellence in the UK, Ireland, Sweden, Germany, the Netherlands, Romania, and the USA.
Average Trading Volume: 141,851
Technical Sentiment Signal: Buy
Current Market Cap: £151.1M
For an in-depth examination of ELCO stock, go to TipRanks’ Overview page.