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Plus500 LTD (GB:PLUS)
LSE:PLUS

Plus500 (PLUS) AI Stock Analysis

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GB:PLUS

Plus500

(LSE:PLUS)

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Outperform 84 (OpenAI - 5.2)
Rating:84Outperform
Price Target:
5,478.00p
â–²(49.92% Upside)
Action:ReiteratedDate:02/18/26
The score is driven primarily by strong financial quality (high profitability, robust cash conversion, and low leverage) and a supportive earnings-call outlook emphasizing cash strength and strategic momentum. Technicals are constructive with clear trend strength, while valuation appears fair rather than deeply discounted.
Positive Factors
High cash generation & conversion
Consistently strong cash conversion and a large cash balance give Plus500 durable financial flexibility. High cash generation funds buybacks, product investment and clearing memberships without raising debt, supporting long‑term resilience and capital returns across market cycles.
Very low leverage and high ROE
A conservatively levered balance sheet with very low debt and historically high ROE signals efficient capital deployment and limited financial risk. This structural strength preserves strategic optionality for acquisitions, clearing memberships and shareholder distributions.
Strategic diversification into futures / non‑OTC and partnerships
Rapid expansion into cleared derivatives, multiple clearing memberships and B2B partnerships diversify revenue away from OTC spreads. This structural business-model expansion can raise average revenue per customer and reduce cyclicality tied to retail OTC volumes over the medium term.
Negative Factors
Volatile revenue and flat active customers
Inconsistent top‑line growth and a stable active customer base constrain sustainable revenue expansion. Without meaningful growth in active users or retention‑driven ARPU increases, scale benefits and long‑term revenue momentum remain uncertain despite margin strength.
Early-stage new products & partnership monetization
Key strategic initiatives (prediction markets, FanDuel/CME, Topstep) are commercially early and may take extended time to prove unit economics. If these channels underperform, expected diversification and growth will lag, pressuring medium‑term revenue and returns on investment.
Rising operating costs and FX headwinds
Growing G&A from international expansion and currency effects can erode operating leverage, offsetting variable cost flexibility. Persistent cost inflation or adverse FX would compress margins and reduce the cash available for strategic investments and shareholder distributions.

Plus500 (PLUS) vs. iShares MSCI United Kingdom ETF (EWC)

Plus500 Business Overview & Revenue Model

Company DescriptionPlus500 Ltd. develops and operates an online and mobile trading platform for individual customers to trade contracts for difference (CFDs). The company's Plus500 Invest, an online trading platform allows its customers to trade CFDs on over 2,500 underlying financial instruments, including equities, indices, commodities, options, exchange-traded funds, cryptocurrencies, shares, and foreign exchange in approximately 50 countries. Its trading platform is accessible from various operating systems, such as Windows, iOS, Android, and Surface, as well as web browsers. The company was formerly known as Investsoft Ltd. and changed its name to Plus500 Ltd. in June 2012. Plus500 Ltd. was incorporated in 2008 and is headquartered in Haifa, Israel.
How the Company Makes MoneyPlus500 generates revenue primarily through spreads, which are the differences between the buying and selling prices of financial instruments. When a user places a trade, the company earns money from the spread, regardless of whether the trade results in a profit or loss for the trader. Additionally, Plus500 may charge overnight financing fees (swap fees) on positions held overnight, contributing further to its revenue. The company also earns from various service fees, including withdrawal fees and inactivity fees. Plus500 has established partnerships with payment providers and financial institutions to facilitate transactions and enhance user engagement, which plays a significant role in its overall earnings strategy.

Plus500 Earnings Call Summary

Earnings Call Date:Feb 09, 2026
(Q4-2025)
|
% Change Since: |
Next Earnings Date:Aug 18, 2026
Earnings Call Sentiment Positive
The call highlights strong strategic progress: record customer deposits, a robust cash position with no debt, improved monetization (ARPU +8%), major strategic partnerships (FanDuel/CME, Topstep), rapid growth in the futures/clearing business and attractive shareholder returns. Offsetting this are modest headline revenue (+3%) and EBITDA (+2%) growth, a broadly stable active customer base (~242k), increased G&A and FX impacts, and the early-stage nature of prediction markets where commercial metrics are not yet proven. Overall, the positive operational momentum, strong balance sheet and tangible strategic wins outweigh the near-term limitations and uncertainties.
Q4-2025 Updates
Positive Updates
Record Customer Deposits and Higher-Value Customers
Total customer deposits reached a record ~$6.5 billion in FY2025 (≈$27,000 per active customer). Average deposit per active customer has grown by over 400% since 2021, reflecting success in attracting higher-value customers.
Revenue, EBITDA and Constant-Currency Improvement
Group revenue was $792 million in FY2025, up 3% year‑on‑year; EBITDA was $348 million, up 2% YoY, and EBITDA on a constant currency basis was approximately 8% higher than 2024.
Earnings Per Share and ARPU Gains
Basic EPS rose to $3.93, up 10% YoY. Average revenue per customer increased by 8% YoY while spend per customer fell by 13%, indicating improved monetization and marketing efficiency.
Very Strong Cash Position and Cash Generation
Cash and cash equivalents were approximately $800 million with no debt. Cash generated from operations was about $265 million in 2025 and average operating cash conversion since IPO is ~98%.
Rapid Growth and Strategic Positioning in Futures / Non-OTC
Non-OTC revenues accounted for ~14% of group revenue (~>$100 million). Customer segregated funds in futures grew to >$900 million at Dec 2025 vs ~ $350 million at end-2024 (>2.5x). The group secured multiple clearing memberships (ICE Clear U.S./Europe, Kalshi Klear, CME membership access) and completed the Mehta Equities acquisition in India to expand derivatives access.
Major Strategic Partnerships and New Product Expansion
Appointed clearing partner for the FanDuel/CME prediction markets JV and entered an exclusive clearing/tech partnership with Topstep. Launched prediction markets (B2B and B2C), expanding the product suite and institutional collaboration.
Improved Customer Retention and Longevity
Retention metrics strengthened: 87% of OTC revenue from customers >1 year, 67% from customers >3 years, and 50% from customers >5 years (the >5 years share has more than doubled since 2022), highlighting higher lifetime value.
Technology and Mobile Leadership
Proprietary tech supports >2,500 instruments across 60+ countries and 30 languages. Mobile/tablet accounted for 89% of OTC revenue and 85% of OTC trades in 2025, underscoring a strong mobile-first customer experience.
Disciplined Capital Allocation and Shareholder Returns
Announced additional shareholder returns of $187.5 million (including $100 million buybacks and $87.5 million dividends) on top of ~$365 million returned in 2025. Since IPO, ~ $2.9 billion returned to shareholders and cumulative TSR >8,700%.
Cost Efficiency and Flexible Cost Base
Selling & marketing expenses reduced by 2% YoY and technology & marketing costs decreased significantly. 70% of operating costs are variable, providing flexibility across market cycles.
Negative Updates
Modest Top‑Line and EBITDA Growth
Revenue grew only 3% YoY and EBITDA only 2% YoY (though constant-currency EBITDA was +8%), which may be viewed as modest given the scale of new strategic initiatives and investments.
Active Customer Base Broadly Stable
Active customers remained broadly flat at approximately 242,000 in 2025 despite onboarding ~105,000 new customers, indicating limited near-term expansion in the active-user base.
Prediction Markets and Partnerships Still Early Stage
Prediction markets and major B2B partnerships (FanDuel/CME, Topstep) are at a ramp-up phase; management stated traction looks good but is still early and ARPU/lifetime metrics for prediction market customers are not yet established.
Rising General & Administrative Costs and FX Headwinds
General and administrative expenses increased in FY2025 driven by international expansion and foreign exchange impacts, putting pressure on operating leverage despite marketing efficiencies.
Concentration and Sensitivity Considerations
High dependence on mobile (89% of OTC revenue) and a cost base that is 70% variable could increase sensitivity to market volatility or behavioral shifts in customer trading patterns.
Company Guidance
The management reiterated a confident outlook for 2026, noting a positive start to the year and guidance to continue executing its strategic roadmap—targeting additional clearing memberships, pursuing organic and inorganic growth, and maintaining a disciplined capital allocation and shareholder returns policy (at least 50% of net profits distributed, with at least 50% of distributions via buybacks and using a 23% tax basis). They pointed to strong financial headroom and cash generation to support that guidance: FY2025 revenue $792m (+3% YoY), EBITDA $348m (+2% YoY; ~+8% FY24 on a constant currency basis), basic EPS $3.93 (+10% YoY), cash of ≈$800m, cash from operations ≈$265m and ~98% operating cash conversion. Operational metrics underpinning the outlook included record customer deposits of $6.5bn (≈$27,000 average per active customer), ~242k active customers with ~105k new onboarded in 2025, non‑OTC revenue ≈14% of group (> $100m) and 17% of new customers from non‑OTC, customer segregated funds in futures >$900m (vs ~$350m at end‑2024), mobile-driven OTC engagement (89% of OTC revenue; 85% of OTC trades on mobile/tablet), improving unit economics (avg revenue per customer +8% YoY; spend per customer -13%), a 70% variable cost base, and cumulative returns since IPO (cash from ops $3.8bn, accumulated net profits $3.1bn, ~$2.9bn returned to shareholders and cumulative TSR >8,700%), all of which management said support continued investment, growth and attractive shareholder returns.

Plus500 Financial Statement Overview

Summary
Strong profitability and shareholder returns with very low leverage, supported by high-quality cash conversion (FCF roughly matches net income). The key constraint is volatile/uneven revenue growth and some post-2020 margin normalization, with slightly softer FCF momentum in recent years.
Income Statement
86
Very Positive
Plus500 shows exceptional profitability for the industry, with gross margins near 100% and strong operating and net margins (2025 net margin ~35%). Revenue has been volatile—sharp growth in 2020, declines in 2021 and 2023, a flat 2024, and modest growth in 2025—while margins have generally compressed from 2020–2022 peaks, signaling normalization. Overall, the earnings profile is very strong, but growth consistency is the key weakness.
Balance Sheet
88
Very Positive
The balance sheet is conservatively levered, with low debt relative to equity across all periods (2025 debt-to-equity ~0.07). Equity remains substantial, and returns on equity are very high (roughly 39%–51% in 2021–2025, with an outlier spike in 2020), indicating efficient capital generation. The main watch-out is that equity has trended down since 2022, which can reduce balance-sheet flexibility over time if it continues.
Cash Flow
84
Very Positive
Cash generation is strong and closely tracks reported profits, with free cash flow nearly equal to net income each year (about 0.98–1.00), suggesting high earnings quality and limited cash leakage. However, free cash flow growth has been inconsistent and slightly negative in 2023–2025, implying softer momentum versus the earlier cycle. One metric (2025 operating cash flow coverage) appears anomalously high versus prior years, creating some comparability noise, but underlying cash conversion remains robust.
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue809.02M711.60M719.10M815.20M710.10M
Gross Profit803.41M711.60M719.10M815.20M710.10M
EBITDA362.35M349.00M347.40M495.10M397.50M
Net Income287.20M273.10M271.40M370.40M310.60M
Balance Sheet
Total Assets944.44M991.80M1.00B1.01B822.80M
Cash, Cash Equivalents and Short-Term Investments801.89M891.50M909.50M930.20M749.50M
Total Debt41.92M15.80M18.40M5.60M6.20M
Total Liabilities376.24M347.50M304.90M77.20M48.30M
Stockholders Equity568.21M644.30M699.80M780.50M661.30M
Cash Flow
Free Cash Flow285.98M336.70M340.70M453.30M404.70M
Operating Cash Flow290.67M341.50M348.90M454.10M405.50M
Investing Cash Flow-4.70M-4.80M-8.20M-5.40M-33.30M
Financing Cash Flow-391.14M-348.50M-367.80M-261.00M-211.80M

Plus500 Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price3654.00
Price Trends
50DMA
4012.10
Negative
100DMA
3571.60
Positive
200DMA
3354.47
Positive
Market Momentum
MACD
15.60
Positive
RSI
38.59
Neutral
STOCH
4.18
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:PLUS, the sentiment is Neutral. The current price of 3654 is below the 20-day moving average (MA) of 4394.92, below the 50-day MA of 4012.10, and above the 200-day MA of 3354.47, indicating a neutral trend. The MACD of 15.60 indicates Positive momentum. The RSI at 38.59 is Neutral, neither overbought nor oversold. The STOCH value of 4.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:PLUS.

Plus500 Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
£2.81B13.4242.26%4.70%1.09%4.88%
80
Outperform
£907.11M14.0415.04%4.65%-10.92%-24.05%
78
Outperform
£4.38B12.2420.39%3.62%9.46%32.24%
78
Outperform
£303.45M13.1824.30%3.80%9.93%-15.65%
74
Outperform
£1.80B10.758.74%6.35%5.77%81.14%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
51
Neutral
£739.96M-7.41-9.28%―-15.79%-211.91%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:PLUS
Plus500
4,008.00
1,331.20
49.73%
GB:CBG
Close Brothers Group
495.80
164.80
49.79%
GB:CMCX
CMC Markets
325.00
130.16
66.80%
GB:IGG
IG Group Holdings
1,301.00
377.19
40.83%
GB:TCAP
TP ICap
253.00
9.52
3.91%
GB:FRP
FRP Advisory Group Plc
121.50
-13.58
-10.05%

Plus500 Corporate Events

Stock BuybackRegulatory Filings and Compliance
Plus500 Updates Market on Latest Share Buyback Transactions
Positive
Feb 18, 2026

Plus500 has continued to execute on its recently announced share buyback programme, repurchasing 40,117 ordinary shares on 17 February 2026 through Panmure Liberum at a volume-weighted average price of 4,451.37 pence. The shares will be held in treasury, leaving 70,163,017 ordinary shares in issue excluding treasury and setting the new total voting rights at the same figure, a reference point investors can use for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Adds to Treasury Stock with Latest Share Buyback
Positive
Feb 17, 2026

Plus500 has continued execution of its recently announced share buyback programme, repurchasing 11,925 ordinary shares on 16 February 2026 through Panmure Liberum at a volume-weighted average price of 4,745.39 pence. The shares will be held in treasury, leaving 70,203,134 ordinary shares in issue and total voting rights unchanged at that level, information the company says shareholders can use to assess disclosure thresholds under U.K. transparency rules.

The latest transaction lifts Plus500’s treasury stock to 44,685,243 shares, further shrinking the free float and potentially enhancing earnings per share over time. The move underlines management’s ongoing capital-return strategy and may be read by investors as a signal of confidence in the company’s valuation and cash-generation capacity, while also tightening the stock’s available supply in the market.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Other
Plus500 executives sell 2.14% stake in secondary share placing
Neutral
Feb 17, 2026

Plus500 has disclosed that three senior executives — chief executive David Zruia, chief financial officer Elad Even‑Chen and chief marketing officer Nir Zats — have sold a combined 1.5 million ordinary shares at £44.78 each, representing about 2.14% of the company’s issued share capital. The block was placed in the secondary market with Goldman Sachs International acting as principal and Panmure Liberum intermediating the deal, and leaves the trio with a combined 3.89% stake, including shares expected to vest this year.

The executives have agreed to a 365‑day lock‑up on any further disposals, signalling a commitment to retain a meaningful holding despite the sale. Plus500 itself is not involved in the transaction and will receive no proceeds, so the move does not affect the company’s balance sheet but slightly increases the free float and could improve liquidity in the stock for other investors.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Other
Plus500 executives to sell 2.14% stake in secondary share placing
Neutral
Feb 16, 2026

Plus500’s chief executive David Zruia, chief financial officer Elad Even-Chen and chief marketing officer Nir Zats plan to sell a combined 1.5 million existing ordinary shares, representing about 2.14% of the company’s issued share capital. The shares will be sold on the secondary market to Goldman Sachs International as principal, with Panmure Liberum acting as intermediary, and Plus500 will not receive any proceeds.

Following the disposal, and assuming all shares are sold, the three executives will retain roughly 3.89% of Plus500’s issued share capital, including shares expected to vest during 2026. The sale is described as being for personal financial and tax planning purposes, with the executives stressing their continued commitment to the company and agreeing to a 365-day lock-up on any further share sales, which may reassure investors about management’s long-term alignment.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Concludes $90m Share Buyback, Tightening Share Base
Positive
Feb 16, 2026

Plus500 has repurchased 6,250 ordinary shares as part of its ongoing capital management efforts, paying a volume-weighted average price of 4,763.79 pence per share through Panmure Liberum. The repurchased shares will be held in treasury, leaving 70,215,059 ordinary shares in issue, with the same number representing the total voting rights available to shareholders under FCA rules.

The latest transaction marks the completion of the share buyback programme launched in August 2025, under which the company has acquired a total of 2,075,896 shares at an aggregate cost of $90 million. The conclusion of this sizable buyback underscores Plus500’s continued focus on returning capital to investors and may support earnings per share and share price over time by reducing the free float.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackDividendsFinancial Disclosures
Plus500 launches $100m buyback after strong year and global expansion push
Positive
Feb 16, 2026

Plus500 has launched a new share buyback programme of up to $100m, forming part of a $187.5m capital return package that also includes $87.5m in dividends, following a year of strong strategic, operational and financial performance. The move underscores the company’s confidence in its cash-generative model and balance sheet, with about $0.8bn in cash at year-end 2025, and follows initiatives such as the launch of prediction markets in the U.S. and the acquisition of Mehta Equities in India.

The programme authorises the repurchase of up to 3,769,933 shares, to be conducted as an irrevocable, non-discretionary mandate managed by Panmure Liberum through open-market transactions within defined regulatory parameters. All repurchased shares will be held in treasury without voting or dividend rights, and the buyback will run until at least the announcement of Plus500’s 2026 preliminary results, signalling an ongoing commitment to shareholder returns while preserving capacity for organic and inorganic growth.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Buys Back More Shares, Tightens Free Float and Voting Base
Positive
Feb 13, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 6,597 ordinary shares on 12 February 2026 through Panmure Liberum at a volume-weighted average price of 4,797.76 pence. The repurchased shares will be held in treasury, leaving 70,221,309 ordinary shares in issue and an equal number of voting rights, a structure that may enhance capital efficiency while providing clarity for investors monitoring their holdings under UK disclosure rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Lifts Treasury Share Holdings
Positive
Feb 12, 2026

Plus500 has repurchased 6,356 of its ordinary shares as part of the ongoing share buyback programme launched in August 2025, paying a volume-weighted average price of 4,772.19 pence per share through Panmure Liberum. The shares will be held in treasury, leaving 70,227,906 ordinary shares in issue and the same number of voting rights, a figure shareholders can use to assess disclosure thresholds under UK transparency rules.

Following this latest transaction, Plus500 now holds 44,660,471 shares in treasury, further consolidating its capital management strategy and potentially enhancing earnings per share over time. The detailed execution across multiple trading venues underlines the company’s adherence to UK market abuse and transparency regulations while continuing to return capital to shareholders.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Adds to Treasury Stock with Further Share Buyback
Positive
Feb 12, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 6,356 ordinary shares on 11 February 2026 via Panmure Liberum at a volume-weighted average price of 4,772.19 pence. The shares will be held in treasury, leaving 70,227,906 ordinary shares in issue and the same number of voting rights, a capital structure detail that guides investors’ disclosure obligations under UK transparency rules.

The transaction, executed across venues including the London Stock Exchange and alternative trading platforms, incrementally increases the company’s sizeable treasury stock of 44,660,471 shares. By shrinking the free float and supporting earnings-per-share metrics, the ongoing buyback underlines Plus500’s continued use of excess capital to return value to shareholders and fine-tune its equity base.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Adds to Treasury Stock with Latest Share Buyback
Positive
Feb 11, 2026

Plus500 has repurchased 6,604 ordinary shares as part of its ongoing share buyback programme, paying a volume-weighted average price of 4,808.81 pence per share through Panmure Liberum. The shares will be held in treasury, leaving 70,234,262 ordinary shares in issue and the same number of voting rights, a figure investors will use to assess disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A Transactions
Plus500 lifts profit, scales non-OTC arm and doubles down on prediction markets
Positive
Feb 9, 2026

Plus500 reported a solid 2025 performance, with revenue rising 3% to $792.4 million and EBITDA up 2% to $348.1 million, supported by disciplined costs and a debt-free balance sheet holding about $0.8 billion in cash. The group is intensifying its focus on higher-value, longer-tenure customers, as average deposits per active client more than doubled and ARPU hit a record, enabling $187.5 million in shareholder returns via dividends and buybacks.

Strategically, Plus500 accelerated diversification by scaling its non-OTC business past $100 million in revenue, growing customer segregated funds to over $0.9 billion and adding new clearing memberships and a partnership with Topstep. The completion of the Mehta Equities acquisition in India, expansion into prediction markets through roles with CME Group, FanDuel and Kalshi, and new licences in Canada, the UAE, Japan and Colombia further entrench its position as a provider of institutional market infrastructure and underpin management’s expectation of outperformance in 2026.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Expands Treasury Stock with Latest Share Buyback
Neutral
Feb 9, 2026

Plus500 has continued to execute its ongoing share buyback programme, repurchasing 7,040 ordinary shares on 6 February 2026 via Panmure Liberum at a volume-weighted average price of 4,496.32 pence. The repurchased shares will be held in treasury, leaving 70,240,866 ordinary shares in issue and establishing the same figure as the company’s total voting rights for shareholders’ disclosure calculations under UK rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Additional Shares, Sets New Voting Rights Total
Neutral
Feb 6, 2026

Plus500 has continued executing its previously announced share buyback programme, repurchasing 7,125 ordinary shares on 5 February 2026 through Panmure Liberum at a volume-weighted average price of 4,503.53 pence per share. The shares will be held in treasury, leaving 70,247,906 ordinary shares in issue (excluding 44,640,471 treasury shares) and establishing the company’s total voting rights at 70,247,906, a figure shareholders can use to assess notification thresholds under UK disclosure and transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £5182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Advances Share Buyback, Updates Voting Rights Count
Neutral
Feb 3, 2026

Plus500 has continued executing its previously announced share buyback programme, repurchasing 7,111 ordinary shares on 2 February 2026 via Panmure Liberum at a volume-weighted average price of 4,197.02p per share. The repurchased shares will be held in treasury, leaving 70,255,031 ordinary shares in issue (excluding treasury shares) and total voting rights of the same amount, a figure the company highlighted as the new reference point for shareholders assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4886.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
Plus500 Enters US Prediction Markets With New Regulated Retail Platform
Positive
Feb 3, 2026

Plus500 has launched a regulated prediction markets offering for US retail traders on its ‘Plus500 Futures’ platform, introducing event-based contracts powered by Kalshi Exchange, the first regulated event-based contracts exchange in the United States. The move marks a strategic expansion into a fast-growing asset class that allows users to trade on outcomes of economic indicators, financial events and geopolitical developments, leveraging the group’s proprietary technology, full clearing membership with Kalshi Klear and established risk-management infrastructure. Building on its December 2025 mandate as clearing partner for CME Group and FanDuel’s event-based contracts platform, Plus500 is positioning itself as a key institutional and retail infrastructure provider in the emerging prediction markets ecosystem, aiming to capitalise on both B2C and B2B opportunities within a tightly regulated framework.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4886.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Tightens Free Float and Voting Base
Positive
Feb 2, 2026

Plus500 has continued to execute on its previously announced share buyback programme, repurchasing 7,369 ordinary shares on 30 January 2026 via Panmure Liberum at a volume-weighted average price of 4,195.20 pence. The repurchased shares will be held in treasury, leaving 70,262,142 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a level that shareholders can use to assess disclosure obligations under UK transparency rules and that underscores the company’s ongoing capital-return strategy.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4886.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Boosts Treasury Stock with Latest Share Buyback Tranche
Neutral
Jan 30, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,363 ordinary shares on 29 January 2026 via Panmure Liberum Limited at a volume-weighted average price of 4,209.92 pence per share. The repurchased shares will be held in treasury, leaving 70,269,511 ordinary shares in issue (excluding treasury shares) and 44,618,866 shares held in treasury, setting the company’s total voting rights at 70,269,511 and providing an updated reference point for shareholders’ regulatory disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4858.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Executive/Board Changes
Plus500 Director Tami Gottlieb Joins Board of Tel Aviv-Listed Malam-Team Holdings
Positive
Jan 30, 2026

Plus500 has announced that independent non-executive and external director Tami Gottlieb has been appointed as an external director of Malam-Team Holdings Ltd., a company listed on the Tel Aviv Stock Exchange, effective 12 February 2026. The additional external board role for Gottlieb underscores the depth of governance experience within Plus500’s board and may further strengthen the company’s regional and capital markets connectivity, though it does not directly alter the group’s core trading operations.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4858.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights Count
Neutral
Jan 29, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,332 ordinary shares on 28 January 2026 via Panmure Liberum at a volume-weighted average price of 4,217.12 pence per share. The repurchased shares will be held in treasury, leaving 70,276,874 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a change that adjusts the company’s capital structure and provides shareholders with an updated denominator for regulatory disclosure calculations under the FCA’s transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4928.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Clarifies Updated Voting Rights
Neutral
Jan 28, 2026

Plus500 has continued executing its previously announced share buyback programme, repurchasing 7,400 ordinary shares on 27 January 2026 through Panmure Liberum at a volume-weighted average price of 4,229.02 pence. The shares will be held in treasury, leaving 70,284,206 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, providing clarity for investors on the company’s capital structure and the denominator to be used for disclosure threshold calculations under UK regulatory rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4914.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Updates Market on Latest Tranche of Share Buyback
Neutral
Jan 27, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,252 ordinary shares on 26 January 2026 through Panmure Liberum at a volume-weighted average price of 4,222.63 pence per share. The shares, which will be held in treasury, leave 70,291,606 ordinary shares in issue (excluding treasury shares) and 44,596,771 shares held in treasury, setting the company’s total voting rights at 70,291,606 and providing an updated reference point for investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4893.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Adds to Treasury Stock with Latest Share Buyback
Positive
Jan 26, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,612 ordinary shares on 23 January 2026 through Panmure Liberum at prices between 4,182p and 4,224p, with a volume-weighted average price of 4,210.66p per share. The shares will be held in treasury, leaving 70,298,858 ordinary shares in issue (excluding treasury shares) and an equal number of voting rights, a structure that may enhance capital returns and earnings per share while providing clarity for shareholders monitoring their holdings under UK disclosure rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4874.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Additional Shares Under Ongoing Repurchase Programme
Neutral
Jan 23, 2026

Plus500 has continued to execute its ongoing share buyback programme, repurchasing 7,703 ordinary shares on 22 January 2026 at a volume-weighted average price of 4,203.10 pence per share through Panmure Liberum. The repurchased shares will be held in treasury, leaving 70,306,470 ordinary shares in issue excluding treasury stock and total voting rights of the same number, a change that may affect shareholders’ disclosure obligations under UK regulatory transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4877.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback, Tightening Free Float and Voting Base
Positive
Jan 22, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,858 ordinary shares on 21 January 2026 through Panmure Liberum at a volume-weighted average price of 4,098.18 pence per share. The shares will be held in treasury, leaving 70,314,173 ordinary shares in issue excluding treasury stock and total voting rights of the same number, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while adjusting the company’s free float and ownership structure.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4846.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Buys Back Additional Shares Under Ongoing Repurchase Programme
Positive
Jan 21, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,960 ordinary shares on 20 January 2026 at a volume-weighted average price of 4,021.25 pence per share through Panmure Liberum. The shares will be held in treasury, leaving 70,322,031 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a move that marginally increases existing shareholders’ proportional ownership and may support capital management and earnings-per-share metrics.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4604.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback, Tightens Free Float and Confirms Voting Rights
Positive
Jan 20, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,040 ordinary shares on 19 January 2026 through Panmure Liberum at a volume-weighted average price of 4,017.75 pence per share. The bought-back shares will be held in treasury, leaving 70,329,991 ordinary shares in issue (excluding treasury) and total voting rights at the same figure, information that helps shareholders assess disclosure thresholds and reflects the company’s ongoing capital management and shareholder-return strategy.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4299.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback, Tightening Free Float and Voting Base
Positive
Jan 19, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,171 ordinary shares on 16 January 2026 through Panmure Liberum at a volume-weighted average price of 3,916.90 pence. The shares will be held in treasury, leaving 70,338,031 ordinary shares in issue (excluding treasury) and total voting rights of the same number, a change that slightly increases the relative ownership and voting power of remaining shareholders and underscores the company’s focus on returning capital and managing its capital structure.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4299.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights and Share Capital Structure
Neutral
Jan 16, 2026

Plus500 has continued to execute its ongoing share buyback programme, repurchasing 8,296 ordinary shares on 15 January 2026 through Panmure Liberum at prices between 3,818p and 3,878p, with a volume-weighted average price of 3,860.74p. The shares will be held in treasury, leaving 70,346,202 ordinary shares in issue (excluding 44,542,175 held in treasury) and setting total voting rights at 70,346,202, a figure shareholders can use to assess disclosure thresholds under UK transparency rules, underscoring the company’s active capital management and its impact on equity structure and investor reporting obligations.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4191.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights After Latest Treasury Purchase
Positive
Jan 15, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 7,980 ordinary shares on 14 January 2026 via Panmure Liberum at a volume-weighted average price of 3,808.91 pence per share. The shares will be held in treasury, leaving 70,354,498 ordinary shares in issue excluding treasury stock and total voting rights of the same number, information that will guide shareholders’ regulatory disclosures under UK transparency rules and underscores the company’s ongoing capital-return strategy.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £4182.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Further Shares, Updates Voting Rights
Neutral
Jan 14, 2026

Plus500 has continued to execute its share buyback programme, repurchasing 8,404 ordinary shares on 13 January 2026 via Panmure Liberum at a volume-weighted average price of 3,781.47 pence per share. The shares will be held in treasury, leaving 70,362,478 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a figure shareholders can use to assess disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Additional Shares, Updates Total Voting Rights
Neutral
Jan 13, 2026

Plus500 has continued to execute on its previously announced share buyback programme, repurchasing 8,461 of its ordinary shares on 12 January 2026 via Panmure Liberum at a volume-weighted average price of 3,727.87 pence. The shares will be held in treasury, leaving 70,370,882 ordinary shares in issue (excluding treasury shares) and total voting rights of the same amount, information that helps investors track their holdings and regulatory disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
Plus500 Beats 2025 Expectations as US Futures Deals and Global Licences Power Growth
Positive
Jan 12, 2026

Plus500 reported revenue of about $792m and EBITDA of roughly $348m for 2025, both ahead of market expectations, with EBITDA up around 8% in constant currency versus 2024 and cash balances of about $0.8bn despite distributing roughly $380m to shareholders. The fintech group emphasised a shift toward longer-term, higher-value clients, with customer acquisition costs falling more than 10% and about half of OTC revenue now generated by customers trading with the platform for more than five years, while active customer numbers remained broadly stable. Strategically, Plus500 deepened its presence in the US futures market through two notable B2B partnerships, acting as clearing partner for CME Group’s new prediction market platform launched with FanDuel and becoming the exclusive clearing and technology provider for Topstep Brokerage, underscoring its role as a scaled market infrastructure provider. The company also expanded its OTC footprint with new regulatory licences in the UAE and Canada and its first move into Latin America via a representative office in Colombia, positioning its scarce global licences as a key competitive asset and reinforcing its reputation for regulatory strength. Capital allocation remained shareholder-friendly, with total returns of $365m in 2025, including $200m in buybacks, leaving Plus500 as the best-performing stock on the FTSE All-Share on a total return basis since its 2013 IPO and underlining its confidence in continued financial and strategic progress into 2026.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Adds to Treasury Stock with Latest Share Buyback
Positive
Jan 12, 2026

Plus500 has continued executing its previously announced share buyback programme, repurchasing 8,256 ordinary shares on 9 January 2026 via Panmure Liberum at a volume-weighted average price of 3,605.11 pence per share. The purchased shares will be held in treasury, leaving 70,379,343 ordinary shares in issue excluding treasury stock and total voting rights of the same number, a change that slightly increases existing shareholders’ proportional ownership and provides updated reference data for investors monitoring their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback, Tightening Free Float and Voting Base
Positive
Jan 9, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,403 ordinary shares on 8 January 2026 via Panmure Liberum at a volume-weighted average price of 3,628.75 pence. The repurchased shares will be held in treasury, leaving 70,387,599 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a change that may influence shareholder calculations on disclosure thresholds and underscores the company’s ongoing capital management efforts.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights Count
Neutral
Jan 8, 2026

Plus500 has continued to execute on its previously announced share buyback programme, repurchasing 8,443 ordinary shares on 7 January 2026 via Panmure Liberum at a volume-weighted average price of 3,698.54 pence per share. The shares will be held in treasury, leaving 70,396,002 ordinary shares in issue (excluding treasury shares) and total voting rights of the same amount, a change that slightly increases existing shareholders’ proportional ownership and provides an updated reference point for investors monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights
Neutral
Jan 7, 2026

Plus500 has continued to execute on its previously announced share buyback programme, repurchasing 8,364 ordinary shares on 6 January 2026 via Panmure Liberum at a volume-weighted average price of 3,683.91 pence per share. The shares will be held in treasury, leaving 70,404,445 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a change that slightly concentrates existing shareholders’ stakes and provides an updated denominator for regulatory disclosure thresholds under the FCA’s transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Tightening Free Float and Voting Base
Positive
Jan 6, 2026

Plus500 has continued to execute its share buyback programme, repurchasing 8,334 ordinary shares on 5 January 2026 at a volume-weighted average price of 3,667.08 pence per share through Panmure Liberum. The shares will be held in treasury, leaving 70,412,809 ordinary shares in issue and an equal number of voting rights, a structure that can enhance earnings per share and capital returns while providing investors with an updated denominator for regulatory disclosure of significant shareholdings.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Buys Back Additional Shares Under Ongoing Repurchase Programme
Positive
Jan 5, 2026

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,557 ordinary shares on 2 January 2026 via Panmure Liberum at prices between 3,606p and 3,660p, with a volume-weighted average price of 3,641.04p. The shares will be held in treasury, leaving 70,421,143 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a change that may influence shareholder calculations on disclosure thresholds and underscores the company’s ongoing capital management and shareholder-return strategy.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Plus500 Rolls Out 2026 Equity Incentive Awards for Executives and Staff
Positive
Jan 2, 2026

Plus500 has implemented its 2026 equity-based remuneration programme, granting a total of hundreds of thousands of Restricted Share Units, long-term incentive plan (LTIP) awards and ordinary shares to executive directors, senior managers, their associated entities and selected employees as part of deferred bonus and LTIP schemes for the 2026 financial year. The awards, which are subject to performance conditions and will largely be settled in ordinary shares held in treasury at a reference price of 1,467 pence per share, underscore the company’s continued use of equity-linked incentives to align management and staff with shareholder returns and support retention of key personnel in a competitive global fintech and trading-platforms market.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Updates Share Capital Following Incentive-Related Share Issuances
Neutral
Jan 2, 2026

Plus500 has issued 1,438,441 ordinary shares from treasury to settle obligations under its 2025 bonus scheme, 2023 and 2024 long-term incentive plans (LTIPs), and 2023–2025 restricted share unit (RSU) schemes for senior management, other persons discharging managerial responsibilities (PDMRs), their closely associated entities, and additional employees. Following these issuances and a small share repurchase on 31 December 2025, the group’s total voting rights stand at 70,429,700 ordinary shares in issue (excluding 44,458,677 shares held in treasury), providing an updated share capital denominator for investors monitoring their disclosure thresholds under UK regulatory rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Updates Market on Latest Share Buyback and Voting Rights
Neutral
Jan 2, 2026

Plus500 has continued to execute its ongoing share buyback programme, repurchasing 7,646 ordinary shares on 31 December 2025 via Panmure Liberum Limited at a volume-weighted average price of 3,628.42 pence per share. The repurchased shares will be held in treasury, and after these transactions and a same-day allotment of 1,438,441 new ordinary shares, the company now has 70,429,700 ordinary shares in issue excluding treasury, with 44,458,677 shares held in treasury, setting the total voting rights at 70,429,700 for regulatory disclosure purposes.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Further Shares, Sets Updated Voting Rights Figure
Neutral
Dec 31, 2025

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,441 ordinary shares on 30 December 2025 via Panmure Liberum at a volume-weighted average price of 3,624.86 pence per share. The shares will be held in treasury, leaving 68,998,905 ordinary shares in issue (excluding treasury) and establishing the same figure as the total number of voting rights in the company, information that helps shareholders assess whether they must disclose changes in their holdings under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights Count
Neutral
Dec 30, 2025

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,651 ordinary shares on 29 December 2025 via Panmure Liberum at a volume-weighted average price of 3,606.07 pence per share. The repurchased shares will be held in treasury, leaving 69,007,346 ordinary shares in issue (excluding treasury shares) and an equal number of voting rights, a figure that shareholders can use to determine disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Additional Shares, Updates Total Voting Rights
Neutral
Dec 29, 2025

Plus500 has continued to execute its ongoing share buyback programme, repurchasing 8,138 ordinary shares on 24 December 2025 via Panmure Liberum at a volume-weighted average price of 3,629.79 pence. The repurchased stock will be held in treasury, leaving 69,015,997 ordinary shares in issue (excluding treasury shares) and an equal number of voting rights, a figure the company highlighted as the new reference point for shareholders assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Tightens Free Float With Further Share Buyback Tranche
Positive
Dec 24, 2025

Plus500 has continued to execute on its share buyback programme, repurchasing 8,730 ordinary shares on 23 December 2025 at a volume‑weighted average price of 3,600.03 pence per share through Panmure Liberum. The shares will be held in treasury, leaving 69,024,135 ordinary shares in issue (excluding treasury shares) and total voting rights of the same number, a figure the company highlighted as the new reference point for investors’ disclosure obligations under UK transparency rules. The latest tranche underscores Plus500’s ongoing capital-return strategy, which reduces the free float and can enhance earnings per share, while updating shareholders on the adjusted voting rights structure in the market.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Plus500 Continues Share Buyback, Updates Voting Rights and Treasury Stock
Positive
Dec 23, 2025

Plus500 has continued to execute its previously announced share buyback programme, repurchasing 8,319 ordinary shares on 22 December 2025 at prices between 3,548p and 3,590p, with a volume-weighted average price of 3,564.24p per share. The shares will be held in treasury, bringing the company’s treasury holding to 45,855,512 shares and leaving 69,032,865 shares in issue and voting rights outstanding, a figure shareholders can use to assess disclosure thresholds under UK transparency rules, underscoring Plus500’s ongoing capital return strategy and active management of its equity base.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Adds to Treasury Stock with Latest Share Buyback
Neutral
Dec 22, 2025

Plus500 has continued executing its previously announced share buyback programme, repurchasing 7,469 ordinary shares on 19 December 2025 through Panmure Liberum at prices between 3,536p and 3,598p, with a volume-weighted average of 3,568.72p. The repurchased shares will be held in treasury, leaving 69,041,184 ordinary shares in issue (excluding treasury shares) and total voting rights of the same amount, a figure shareholders can use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Buys Back Further Shares, Updates Voting Rights Count
Neutral
Dec 19, 2025

Plus500 has continued its ongoing share buyback programme, repurchasing 8,603 ordinary shares on 18 December 2025 via Panmure Liberum at a volume-weighted average price of 3,546.92 pence per share. The repurchased shares will be held in treasury, leaving 69,048,653 ordinary shares in issue (excluding treasury shares) and total voting rights of the same amount, a figure the company highlighted for investors to use when assessing disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Advances Share Buyback Program with Recent Purchase
Neutral
Dec 16, 2025

Plus500 has announced the purchase of 9,004 of its ordinary shares as part of its ongoing share buyback program. This move is expected to impact the company’s share structure, with the repurchased shares held in treasury, affecting the total voting rights and potentially influencing shareholder decisions under regulatory guidelines.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback Programme
Neutral
Dec 12, 2025

Plus500 announced the purchase of 9,732 of its ordinary shares as part of its ongoing share buyback programme. This transaction, executed through Panmure Liberum Limited, is part of a strategy to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback Programme
Positive
Dec 11, 2025

Plus500 has announced the purchase of 5,014 of its ordinary shares as part of its ongoing share buyback programme. This transaction, executed through Panmure Liberum Limited, reflects the company’s strategic initiative to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Advances Share Buyback Programme with Recent Share Purchase
Neutral
Dec 10, 2025

Plus500 has announced the purchase of 6,970 of its ordinary shares as part of its ongoing share buyback programme, which was initiated in August 2025. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding these shares in treasury, affecting the total voting rights and shares in issue.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Executes Share Buyback to Enhance Shareholder Value
Positive
Dec 9, 2025

Plus500 has executed a share buyback, purchasing 9,361 of its ordinary shares as part of a program initiated in August 2025. This move is part of its strategy to manage capital and potentially enhance shareholder value, reflecting its robust financial position and commitment to returning value to shareholders.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3994.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Advances Share Buyback Program with Recent Purchase
Neutral
Dec 2, 2025

Plus500 has announced a recent purchase of 2,514 of its ordinary shares as part of its ongoing share buyback program. This move is expected to impact the company’s share structure by holding these shares in treasury, affecting the total voting rights and potentially influencing shareholder decisions.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Regulatory Filings and Compliance
Plus500 COO Acquires Significant Shareholding
Positive
Dec 2, 2025

Plus500 Ltd. announced a significant transaction involving its Chief Operations Officer, Alon Cohen Naznin, who purchased 32,000 ordinary shares at a price of £33.03 each on the London Stock Exchange. This transaction, disclosed under the UK Market Abuse Regulation, underscores the executive’s confidence in the company’s future prospects and could positively influence stakeholder perception.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Executes Share Buyback Program to Enhance Shareholder Value
Positive
Dec 1, 2025

Plus500 has executed a share buyback program, purchasing 17,444 of its ordinary shares at prices ranging from 3,146.00 to 3,182.00 GBp per share. This move is part of a broader strategy announced earlier in August 2025, aimed at consolidating the company’s share value and potentially enhancing shareholder returns by reducing the number of shares in circulation.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and Strategy
Plus500 Appointed as Clearing Partner for CME and FanDuel’s New Platform
Positive
Dec 1, 2025

Plus500 has been appointed as the clearing partner for CME and FanDuel’s new event-based contracts platform, marking a significant milestone for the company. This collaboration highlights Plus500’s operational strengths and positions it as a leader in financial innovation, bridging institutional infrastructure with emerging platforms. The company’s proprietary technology and regulatory expertise enable it to provide scalable access to event-driven trading markets, enhancing its role as a critical market infrastructure provider.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Advances Share Buyback Program with Recent Share Purchase
Positive
Nov 28, 2025

Plus500 has announced the purchase of 17,644 of its ordinary shares as part of its ongoing share buyback program. This move, executed through Panmure Liberum Limited, is part of a strategy to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Executes Share Buyback, Reinforcing Market Position
Positive
Nov 27, 2025

Plus500 has announced the purchase of 18,514 of its own ordinary shares as part of its ongoing share buyback program. This move is part of a strategic effort to manage its share capital and potentially enhance shareholder value, reflecting confidence in the company’s financial stability and future prospects.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Announces Share Purchase by Scarf Family Fund
Positive
Nov 27, 2025

Plus500 Ltd. announced a transaction involving the purchase of 1,000 ordinary shares by the Scarf Family Superannuation Fund, associated with Nicholas Scarf, CEO of Plus500AU Pty. Ltd. This transaction, conducted on the London Stock Exchange at a price of £30.80 per share, reflects internal confidence in the company’s market position and future prospects.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Advances Share Buyback Program with Recent Purchase
Positive
Nov 26, 2025

Plus500 has announced the purchase of 20,424 of its own ordinary shares as part of its ongoing share buyback program. This move is part of a strategic effort to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Advances Share Buyback Program with Recent Share Acquisition
Neutral
Nov 25, 2025

Plus500 has announced the purchase of 18,661 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Panmure Liberum Limited, reflects the company’s strategic initiative to manage its share capital, potentially impacting its market position and shareholder value.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Advances Share Buyback Program with Recent Share Acquisition
Positive
Nov 24, 2025

Plus500 announced the purchase of 18,746 of its ordinary shares as part of its ongoing share buyback program. This move is expected to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening the company’s market position.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock Buyback
Plus500 Advances Share Buyback Program with Recent Purchase
Neutral
Nov 21, 2025

Plus500 has announced the purchase of 18,786 of its ordinary shares as part of its ongoing share buyback program. This move is expected to impact the company’s share structure by increasing the number of shares held in treasury, which could influence shareholder voting rights and potentially affect market perceptions of the company’s value.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Plus500 Executes Share Buyback, Adjusting Voting Rights
Neutral
Nov 20, 2025

Plus500 has announced the purchase of 29,123 of its ordinary shares as part of its ongoing share buyback programme. This move is expected to impact the company’s total voting rights and shareholding structure, potentially affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Business Operations and StrategyStock Buyback
Plus500 Continues Share Buyback Program to Enhance Shareholder Value
Positive
Nov 19, 2025

Plus500 has announced the purchase of 41,764 of its ordinary shares as part of its share buyback program, with the shares to be held in treasury. This move is part of the company’s strategy to manage its capital structure and enhance shareholder value, impacting the total voting rights available to shareholders.

The most recent analyst rating on (GB:PLUS) stock is a Buy with a £3546.00 price target. To see the full list of analyst forecasts on Plus500 stock, see the GB:PLUS Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Feb 18, 2026