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Eplus ( (PLUS) ) just unveiled an announcement.
On January 6, 2026, ePlus inc. expanded its Board of Directors from seven to eight members and appointed Michael J. (Mike) Portegello, a 61-year-old global business executive and financial expert with more than 37 years of experience in accounting, finance and capital markets, to fill the new seat, with his term running until the next Annual Meeting of Shareholders. Portegello, a former Ernst & Young Global Client Service Partner whose experience spans SaaS, software, health technology, retail, e-commerce and biotech/life sciences and who has recently advised emerging technology companies focused on generative AI and health tech, was also named to the Audit and Compensation Committees and deemed an independent director under Nasdaq rules, signaling ePlus’s intent to strengthen its financial oversight, governance and strategic capabilities as it pursues long-term value creation amid volatile market conditions.
The most recent analyst rating on (PLUS) stock is a Buy with a $103.00 price target. To see the full list of analyst forecasts on Eplus stock, see the PLUS Stock Forecast page.
Spark’s Take on PLUS Stock
According to Spark, TipRanks’ AI Analyst, PLUS is a Outperform.
Eplus receives a strong overall score driven by robust financial performance and positive earnings call sentiment. The technical analysis supports a bullish outlook, while valuation metrics are moderate. The company’s strategic focus on high-growth areas like AI and security further enhances its growth potential.
To see Spark’s full report on PLUS stock, click here.
More about Eplus
ePlus inc. is a customer-first, services-led technology solutions provider that delivers transformative offerings across artificial intelligence, security, cloud and data center, networking and collaboration, alongside managed, consultative and professional services. Working with organizations across multiple industries and supported by a broad ecosystem of industry-leading partners and more than 2,130 employees, the Virginia-headquartered company operates in the United States, the United Kingdom, Europe and the Asia-Pacific region, leveraging over three decades of experience to help clients navigate complex business and IT challenges.
Average Trading Volume: 181,661
Technical Sentiment Signal: Buy
Current Market Cap: $2.32B
For an in-depth examination of PLUS stock, go to TipRanks’ Overview page.