William Blair analyst Maggie Nolan has maintained their bullish stance on PLUS stock, giving a Buy rating on November 1.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Maggie Nolan’s rating is based on Eplus’s impressive fiscal second-quarter performance, which surpassed expectations in several key areas. The company experienced a significant increase in revenue, gross profit, and earnings per share, driven by strong demand across various sectors, particularly in AI, security, and networking.
The notable growth in AI-related infrastructure demand and the robust performance in financial services and telecommunications sectors further reinforced the positive outlook. Additionally, Eplus’s management raised their fiscal 2026 guidance, projecting mid-teens growth in revenue and gross profit, with adjusted EBITDA expected to grow at a rate double that of revenue. These factors collectively underpin Nolan’s Buy rating for Eplus’s stock.
In another report released on November 1, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $81.00 price target.