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Softcat (GB:SCT)
LSE:SCT

Softcat (SCT) AI Stock Analysis

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GB:SCT

Softcat

(LSE:SCT)

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Outperform 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
1,285.00p
▲(12.62% Upside)
Action:UpgradedDate:12/07/25
Softcat's strong financial performance and positive corporate events are the most significant factors driving the score. However, technical indicators suggest caution due to bearish trends, and the valuation is moderate. The absence of recent earnings call data limits insights into management's current outlook.
Positive Factors
Revenue & Margin Strength
Recent 40.1% revenue growth with materially improved gross (33.6%) and healthy net margins (9.1%) indicates the business can scale while retaining pricing and operational efficiency. Durable margin expansion supports reinvestment in services, consistent cash generation and long-term profitability.
Strong Cash Conversion
High cash conversion (OCF/Net Income 1.11; FCF/Net Income 1.02) and positive FCF growth demonstrate sustainable internal funding capacity. This durable cash generation underpins capital allocation flexibility for dividends, M&A and working capital without relying heavily on external financing.
Strategic AI/Data Acquisition
The Oakland acquisition expands capabilities in AI and data—a structural move into higher-value services. This diversifies revenue away from pure resale, builds differentiated solutions, and strengthens long-term competitive positioning in cloud, analytics and managed services.
Negative Factors
Revenue Volatility
Historical volatility in revenue growth creates forecasting and resource-allocation risk. For a solutions reseller reliant on project timing and large deals, swings in demand can compress margins and make long-term investment and staffing decisions more uncertain for the business model.
Slowing FCF Growth
A deceleration in free cash flow growth, even from a positive base, reduces the pace at which the company can self-fund expansion, acquisitions or higher shareholder returns. Slower FCF growth can limit strategic flexibility and raise sensitivity to adverse operational or market shifts.
Vendor/Partner Dependency
As a value-added reseller, Softcat's margins and proposition depend on maintaining vendor partnerships and favourable pricing. Loss of partner status, pricing pressure or unfavorable contract terms would structurally compress gross margins and weaken the business moat over the medium term.

Softcat (SCT) vs. iShares MSCI United Kingdom ETF (EWC)

Softcat Business Overview & Revenue Model

Company DescriptionSoftcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations. It also offers asset management, collaboration, connectivity, and device services. In addition, the company provides supply chain operations and virtual desktop and applications. Further, it offers lifecycle, modern management, and financial solutions. The company was incorporated in 1987 and is headquartered in Marlow, the United Kingdom.
How the Company Makes MoneySoftcat generates revenue through multiple streams, primarily by reselling software and hardware products from leading tech manufacturers, such as Microsoft, Cisco, and Dell. The company earns a significant portion of its income from software licensing agreements, where it acts as an intermediary between software developers and end-users. Additionally, Softcat provides managed services, cloud computing solutions, and IT consultancy, which contribute to its recurring revenue. Strategic partnerships with major vendors enhance its product offerings and expand its market reach, while a focus on customer service and long-term relationships fosters client loyalty and repeat business.

Softcat Financial Statement Overview

Summary
Softcat exhibits strong financial health with robust revenue growth, efficient operations, and solid cash flow generation. The company maintains a low leverage position, enhancing its financial stability. While revenue growth has been volatile in the past, the recent performance indicates a positive trajectory.
Income Statement
85
Very Positive
Softcat has demonstrated strong revenue growth with a 40.1% increase in the latest year, indicating robust business expansion. The gross profit margin has improved significantly over the years, reaching 33.6% in 2025. The net profit margin is healthy at 9.1%, reflecting efficient cost management. EBIT and EBITDA margins are also strong, showing operational efficiency. However, the revenue growth rate has been volatile in previous years, which could pose a risk.
Balance Sheet
78
Positive
The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.10, indicating low leverage and financial stability. Return on equity is impressive at 39.3%, showcasing effective use of shareholder funds. The equity ratio stands at 28.4%, suggesting a balanced capital structure. However, the relatively low equity ratio could be improved to enhance financial resilience.
Cash Flow
82
Very Positive
Softcat's cash flow performance is strong, with a 6.0% growth in free cash flow, indicating effective cash generation. The operating cash flow to net income ratio is 1.11, showing good cash conversion. The free cash flow to net income ratio is 1.02, reflecting efficient cash utilization. Despite these strengths, the growth rate of free cash flow has slowed compared to previous years, which may impact future liquidity.
BreakdownJul 2025Jul 2024Jul 2023Jul 2022Jul 2021
Income Statement
Total Revenue1.46B962.63M985.30M1.08B784.05M
Gross Profit490.73M417.75M372.31M326.65M276.06M
EBITDA190.74M166.47M147.02M143.61M124.24M
Net Income133.01M119.04M112.03M110.41M96.19M
Balance Sheet
Total Assets1.19B780.75M647.72M672.06M497.36M
Cash, Cash Equivalents and Short-Term Investments182.28M158.45M122.62M97.32M101.72M
Total Debt35.19M10.36M9.76M6.67M8.30M
Total Liabilities853.14M482.71M396.28M460.96M318.21M
Stockholders Equity338.78M298.04M251.44M211.10M179.14M
Cash Flow
Free Cash Flow136.28M120.27M102.79M78.89M85.01M
Operating Cash Flow148.06M115.61M106.04M84.11M91.48M
Investing Cash Flow-23.37M-1.35M-3.25M-5.22M-6.46M
Financing Cash Flow-98.15M-78.42M-77.28M-86.86M-63.43M

Softcat Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price1141.00
Price Trends
50DMA
1305.02
Negative
100DMA
1394.82
Negative
200DMA
1506.16
Negative
Market Momentum
MACD
-51.67
Negative
RSI
36.96
Neutral
STOCH
68.70
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SCT, the sentiment is Neutral. The current price of 1141 is above the 20-day moving average (MA) of 1136.00, below the 50-day MA of 1305.02, and below the 200-day MA of 1506.16, indicating a neutral trend. The MACD of -51.67 indicates Negative momentum. The RSI at 36.96 is Neutral, neither overbought nor oversold. The STOCH value of 68.70 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:SCT.

Softcat Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
£3.35B25.8117.42%2.43%21.86%0.86%
75
Outperform
£2.24B24.5241.77%2.05%51.50%11.62%
74
Outperform
£147.39M9.3624.53%13.93%-27.01%-49.07%
72
Outperform
£52.29M14.6344.27%2.69%30.01%138.65%
69
Neutral
£58.22M15.1910.36%20.40%
61
Neutral
$37.18B12.37-10.20%1.83%8.50%-7.62%
54
Neutral
£184.79M18.701.35%3.01%-31.46%297.44%
* Technology Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SCT
Softcat
1,142.00
-337.80
-22.83%
GB:CCC
Computacenter
3,198.00
954.86
42.57%
GB:FDM
FDM Group (Holdings)
134.60
-63.42
-32.03%
GB:RCN
Redcentric
119.25
2.16
1.84%
GB:TRD
Triad Group plc
300.00
-80.33
-21.12%
GB:MTEC
Made Tech Group PLC
39.00
12.50
47.17%

Softcat Corporate Events

Regulatory Filings and Compliance
Softcat Updates Total Voting Rights and Share Capital
Neutral
Mar 2, 2026

Softcat has confirmed that as of 27 February 2026 its issued share capital comprises 196,840,451 ordinary shares of £0.0005 each, all of which carry voting rights and none of which are held in treasury. This updated share count serves as the reference denominator for investors assessing whether they must disclose new or changed holdings under the FCA’s Disclosure and Transparency Rules, underpinning regulatory reporting and governance for shareholders.

By clarifying the total number of voting shares in issue, the company provides investors and regulators with a precise basis for calculating ownership thresholds and compliance obligations. The disclosure reinforces Softcat’s adherence to market transparency standards, supporting orderly trading in its securities and giving stakeholders clear visibility over the company’s capital structure.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1231.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Softcat Sets Date for Half-Year 2026 Results and Investor Webcast
Neutral
Feb 27, 2026

Softcat plc has announced it will publish its financial results for the six months to 31 January 2026 on Wednesday 18 March 2026, providing investors and analysts with an update on its recent trading performance. The company will host a virtual briefing at 9.30 a.m. UK time on the same day, signalling ongoing engagement with the investment community and offering stakeholders timely insight into its operational and financial trajectory.

The results announcement and webcast underline Softcat’s intention to maintain transparency around its half-year performance in a competitive IT services market. By organising a dedicated online session for analysts and investors, the Group aims to reinforce confidence in its strategy and ensure market participants can question management directly on the company’s latest developments and outlook.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1184.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Completes £45 Million Share Buyback, Cuts Share Count
Positive
Feb 16, 2026

Softcat has completed its previously announced share buyback programme, repurchasing 3,352,161 ordinary shares for a total consideration of about £45 million, representing 1.67% of its issued share capital at the programme’s start. All repurchased shares have been cancelled, reducing the share count and potentially enhancing earnings per share and capital return metrics for investors.

Following the cancellation, Softcat’s issued share capital now consists of 196,840,451 ordinary shares, which also equals the total number of voting rights, as the company holds no treasury shares. This new share count provides the reference denominator for shareholders assessing disclosure thresholds under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1234.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels Newly Repurchased Shares as Buyback Programme Progresses
Positive
Feb 13, 2026

Softcat has continued to execute its previously announced share buyback programme, repurchasing 50,943 ordinary shares on 13 February 2026 via J.P. Morgan Securities at prices between 1,134p and 1,150p, with a weighted average price of 1,142.4895p. The company plans to cancel these shares, reducing its issued share capital to 196,840,451 ordinary shares with voting rights and leaving no shares held in treasury, a move that marginally enhances earnings per share and signals ongoing capital return to shareholders.

The updated share count provides a new reference point for investors calculating ownership thresholds and disclosure obligations under UK transparency rules. This incremental reduction in share capital forms part of Softcat’s broader capital management strategy, reinforcing its commitment to shareholder returns while potentially supporting the share price in the secondary market.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1238.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels 206,900 Shares in Ongoing Buy-Back Programme
Positive
Feb 12, 2026

Softcat has repurchased 206,900 ordinary shares on the London Stock Exchange as part of the share buy-back programme it launched in early January, paying a weighted average price of 1,160.4280 pence and using J.P. Morgan Securities as its broker. The company will cancel the shares, reducing its issued share capital to 196,891,394 ordinary shares with voting rights, a move that marginally enhances earnings per share and may signal continued confidence in the business to investors.

The reduction in the free float slightly increases existing shareholders’ proportional ownership and provides a new reference figure for regulatory disclosure thresholds under the FCA’s rules. The transaction underscores Softcat’s ongoing capital-return policy, aligning it with peers that use buy-backs to optimise balance sheets and manage capital efficiently in a mature, cash-generative phase of growth.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1238.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 200,019 Shares Under Ongoing Buyback Programme
Positive
Feb 11, 2026

Softcat has repurchased 200,019 ordinary shares on the London Stock Exchange as part of its previously announced share buyback programme, paying prices between 1,123p and 1,146p per share, with a weighted average of 1,132.5841p. The company plans to cancel these shares, signalling continued capital returns to investors and an effort to enhance earnings per share.

Following the cancellation, Softcat’s issued share capital will fall to 197,098,294 ordinary shares, all carrying voting rights and with no shares held in treasury. The revised share count will serve as the new reference figure for shareholders assessing notification thresholds under the FCA’s Disclosure and Transparency Rules, clarifying ownership reporting obligations in the market.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1238.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels 189,200 Shares After Latest Buy-Back Tranche
Positive
Feb 10, 2026

Softcat has repurchased 189,200 ordinary shares on the London Stock Exchange as part of its previously announced share buy-back programme, at prices ranging from 1,138p to 1,161p and a weighted average price of 1,151.9592p. The company will cancel these shares, reducing its issued share capital to 197,298,313 ordinary shares with voting rights, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while providing a new denominator for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1239.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Regulatory Filings and Compliance
Softcat CEO and CFO acquire shares under incentive plan
Neutral
Feb 10, 2026

Softcat has disclosed small share purchases by its chief executive Graham Charlton and chief financial officer Katy Mecklenburgh under the company’s Share Incentive Plan. Both executives acquired 13 ordinary shares each at 1,172p on 9 February 2026 via the London Stock Exchange, in line with UK Market Abuse Regulation requirements and reinforcing alignment between senior management and shareholders.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1239.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 180,900 Shares in Ongoing Buyback Programme
Positive
Feb 9, 2026

Softcat has continued its previously announced share buyback programme, repurchasing 180,900 ordinary shares on 9 February 2026 via J.P. Morgan Securities at prices between 1,151p and 1,195p, with a weighted average price of 1,167.8047p. The company plans to cancel these shares, reducing its issued share capital to 197,487,513 ordinary shares with voting rights, a move that marginally enhances earnings per share and may signal confidence in the company’s valuation to investors while providing an updated share count for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1260.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackFinancial DisclosuresRegulatory Filings and Compliance
Softcat Cancels 169,440 Shares Under Ongoing Buy-Back Programme
Positive
Feb 6, 2026

Softcat has repurchased 169,440 of its ordinary shares on the London Stock Exchange, at prices ranging between 1,163p and 1,202p per share and a weighted average price of 1,178.5986p, as part of the share buy-back programme initiated in January 2026. The company plans to cancel these shares, reducing its issued share capital to 197,668,413 ordinary shares with voting rights, a move that marginally enhances earnings per share and may signal management’s confidence in the business while resetting the share count for regulatory disclosure calculations under FCA rules.

The most recent analyst rating on (GB:SCT) stock is a Hold with a £1348.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels 162,300 Shares Under Ongoing Buy-Back Programme
Positive
Feb 5, 2026

Softcat plc has repurchased 162,300 of its ordinary shares on the London Stock Exchange on 5 February 2026 through J.P. Morgan Securities as part of its ongoing share buy-back programme announced in early January. The shares were bought at prices ranging between 1,205p and 1,266p, with a weighted average price of 1,238.2809p, and the company intends to cancel them, reducing its issued share capital to 197,837,853 ordinary shares with voting rights and leaving no shares held in treasury. The move marginally enhances earnings per share and signals continued capital-return discipline to investors, while also updating the free float and denominator used by shareholders to assess disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels Latest Tranche in Ongoing Buyback
Positive
Feb 4, 2026

Softcat cancelled 152,300 shares bought back on 4 February at a 1,286p average, continuing the January buyback mandate via J.P. Morgan to shrink its float. The move trims outstanding stock to 198 million shares, offering investors increased per-share ownership and reinforcing the company’s capital-return strategy.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels Newly Repurchased Shares as Buy-Back Programme Progresses
Positive
Feb 3, 2026

Softcat has continued to execute its previously announced share buy-back programme, repurchasing 166,500 ordinary shares on 3 February 2026 via J.P. Morgan Securities at prices between 1,380p and 1,449p, with a weighted average price of about 1,415.48p per share. The company plans to cancel these shares, reducing its issued share capital to 198,152,453 ordinary shares with voting rights and no treasury shares, a move that marginally enhances earnings per share and underscores management’s ongoing capital-return strategy for shareholders within the framework of UK market disclosure rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 162,200 Shares as Buyback Programme Progresses
Positive
Feb 2, 2026

Softcat plc has continued its recently announced share buyback programme by repurchasing 162,200 ordinary shares on 2 February 2026 via J.P. Morgan Securities at prices between 1,429p and 1,452p, with a weighted average price of 1,442.8131p. The company intends to cancel these shares, reducing its issued share capital to 198,303,438 ordinary shares with voting rights and no treasury shares, a move that marginally increases earnings per share and may signal confidence in the company’s valuation while providing clarity for investors’ disclosure calculations under FCA transparency rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Regulatory Filings and Compliance
Softcat Confirms Total Voting Rights at 198.4 Million Shares
Neutral
Feb 2, 2026

Softcat plc has confirmed that, as of 30 January 2026, its issued share capital comprises 198,446,240 ordinary shares of £0.0005 each, all of which carry voting rights and none of which are held in treasury. This disclosure, made in line with the UK Financial Conduct Authority’s Disclosure and Transparency Rules, sets the official denominator shareholders must use to assess and report any notifiable holdings or changes in their interests in the company, providing clarity for investors and regulators on Softcat’s current capital and voting rights structure.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels Further Shares After Latest Buy-Back Tranche
Neutral
Jan 30, 2026

Softcat plc has repurchased 152,188 of its ordinary shares on the London Stock Exchange through J.P. Morgan Securities as part of the share buy-back programme announced earlier in January, at prices between 1,398p and 1,439p per share and a weighted average price of 1,422.4190p. The company intends to cancel these shares, reducing its issued share capital to 198,446,240 ordinary shares with voting rights and leaving no shares held in treasury, a move that marginally increases existing shareholders’ proportional ownership and clarifies the new denominator for regulatory disclosure thresholds under the FCA’s rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 147,200 Shares Under Ongoing Buy-Back Programme
Positive
Jan 29, 2026

Softcat plc has repurchased 147,200 of its ordinary shares on the London Stock Exchange on 29 January 2026 via J.P. Morgan Securities, at prices between 1,405p and 1,432p per share, as part of its ongoing share buy-back programme. The company intends to cancel these shares, reducing its issued share capital to 198,598,428 ordinary shares with voting rights and leaving no shares held in treasury, a move that will slightly enhance earnings per share and may signal continued confidence in the company’s valuation to investors while updating the free float denominator for regulatory disclosure purposes.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Continues Buyback, Cancels Further 139,610 Shares
Positive
Jan 28, 2026

Softcat has continued its previously announced share buyback programme by repurchasing 139,610 ordinary shares on 28 January 2026 through J.P. Morgan Securities at prices ranging between 1,420p and 1,435p, with a weighted average price of 1,427.6386p per share. The company plans to cancel these shares, reducing its issued share capital to 198,745,628 ordinary shares with voting rights, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while providing an updated reference point for regulatory disclosure of major holdings.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels 123,918 Shares After Latest Buy-Back Transaction
Positive
Jan 27, 2026

Softcat has repurchased 123,918 of its ordinary shares on the London Stock Exchange via J.P. Morgan Securities as part of the share buy-back programme launched earlier in January, at prices between 1,412p and 1,441p per share and a weighted average price of 1,428.4613p. The company intends to cancel these shares, reducing its issued share capital to 198,885,238 ordinary shares with voting rights and no shares held in treasury, a move that marginally increases existing shareholders’ proportional ownership and signals continued capital returns and balance sheet discipline to investors.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackFinancial DisclosuresRegulatory Filings and Compliance
Softcat Cancels Newly Repurchased Shares Under Ongoing Buy-Back Programme
Positive
Jan 26, 2026

Softcat has repurchased 117,305 of its ordinary shares on the London Stock Exchange on 26 January 2026 via J.P. Morgan Securities as part of its ongoing share buy-back programme, at prices ranging between 1,380p and 1,414p and a weighted average price of 1,395.7740p. The company intends to cancel these shares, reducing its issued share capital to 199,009,156 ordinary shares with voting rights and no shares held in treasury, a move that marginally enhances earnings per share and may signal continued board confidence in the company’s valuation to investors monitoring disclosure thresholds under FCA rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 112,400 Shares as Buy-Back Programme Progresses
Positive
Jan 23, 2026

Softcat plc has continued to execute its previously announced share buy-back programme, repurchasing 112,400 ordinary shares on 23 January 2026 via J.P. Morgan Securities at prices between 1,392p and 1,406p, with a weighted average price of 1,400.4309p. The company intends to cancel these shares, reducing its issued share capital to 199,126,461 ordinary shares with voting rights and no treasury shares held, a move that marginally enhances earnings per share and underscores management’s ongoing commitment to capital returns for shareholders while providing an updated reference for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Continues Share Buy-Back, Cuts Share Count to 199.2m
Positive
Jan 22, 2026

Softcat plc has continued to execute its previously announced share buy-back programme, repurchasing 105,623 ordinary shares on 22 January 2026 through J.P. Morgan Securities at prices between 1,396p and 1,425p, with a weighted average price of 1,411.5961p. The company intends to cancel these shares, reducing its issued share capital to 199,238,861 ordinary shares with voting rights and no treasury shares, a move that marginally enhances earnings per share and signals ongoing capital-return discipline to shareholders within the UK IT services sector.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels Newly Repurchased Shares Under Ongoing Buy-Back Programme
Positive
Jan 21, 2026

Softcat plc has continued executing its previously announced share buy-back programme, repurchasing 96,508 ordinary shares on 21 January 2026 via J.P. Morgan Securities at prices ranging between 1,385p and 1,407p, with a weighted average price of 1,398.9805p. The company intends to cancel these shares, reducing its issued share capital to 199,344,484 ordinary shares with voting rights and leaving no shares held in treasury, a move that marginally enhances earnings per share and signals ongoing commitment to returning capital to shareholders while slightly increasing existing investors’ relative ownership stakes.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels Latest Tranche of Shares Under Ongoing Buy-Back Programme
Positive
Jan 20, 2026

Softcat has repurchased 96,762 of its ordinary shares on the London Stock Exchange via J.P. Morgan Securities as part of the share buy-back programme launched on 8 January 2026, at prices ranging between 1,394p and 1,425p and a weighted average of 1,407.5095p. The company intends to cancel these shares, reducing its issued share capital to 199,440,992 ordinary shares with full voting rights and no treasury stock, a move that marginally enhances earnings per share and signals continued capital returns to shareholders while providing an updated denominator for regulatory disclosure of significant holdings under FCA rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 92,600 Shares After Latest Buy-Back Purchase
Positive
Jan 19, 2026

Softcat plc has continued to execute its previously announced share buy-back programme, purchasing 92,600 ordinary shares on 19 January 2026 through J.P. Morgan Securities at prices ranging between 1,416p and 1,450p, with a weighted average of 1,429.5206p. The company intends to cancel these shares, reducing its issued share capital to 199,537,754 ordinary shares with full voting rights and no treasury shares, a move that marginally enhances earnings per share and signals ongoing capital return to shareholders, while also providing an updated share count for investors calculating disclosure thresholds under FCA rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels 90,500 Shares as Buy-Back Programme Progresses
Positive
Jan 16, 2026

Softcat plc has continued its share buy-back programme, repurchasing 90,500 ordinary shares on 16 January 2026 via J.P. Morgan Securities at prices between 1,452p and 1,468p, with a weighted average price of 1,460.6441p per share. The company intends to cancel these shares, reducing its issued share capital to 199,630,354 ordinary shares with voting rights, a move that marginally enhances earnings per share and underscores management’s ongoing capital-return policy for shareholders while leaving no shares held in treasury and clarifying the new denominator for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Continues Share Buyback, Cancels 86,874 Shares
Positive
Jan 15, 2026

Softcat has repurchased 86,874 of its ordinary shares on the London Stock Exchange through J.P. Morgan Securities as part of its ongoing share buyback programme, at prices ranging between 1,447p and 1,464p and a weighted average price of 1,456.9347p. The company intends to cancel these shares, reducing its issued share capital to 199,720,854 ordinary shares with voting rights, a move that marginally enhances earnings per share and underscores Softcat’s continued capital-return strategy for shareholders.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels New Tranche of Shares Under Ongoing Buyback Programme
Positive
Jan 14, 2026

Softcat plc has repurchased 84,850 of its ordinary shares on the London Stock Exchange on 14 January 2026, at prices ranging between 1,444p and 1,474p per share, as part of the share buyback programme launched earlier in January. The shares, bought through J.P. Morgan Securities, will be cancelled, reducing the company’s issued share capital to 199,807,728 ordinary shares with voting rights, a move that marginally enhances earnings per share and signals ongoing capital-return commitments to shareholders while clarifying the new base for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels Further Shares Under Ongoing Buy-Back Programme
Positive
Jan 13, 2026

Softcat plc has continued execution of its recently announced share buy-back programme, repurchasing 81,252 ordinary shares on 13 January 2026 via J.P. Morgan Securities at prices between 1,461p and 1,487p, with a weighted average price of 1,475.3563p. The company intends to cancel these shares, reducing its issued share capital to 199,888,964 ordinary shares with voting rights, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while providing an updated denominator for regulatory disclosure calculations under FCA rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Softcat Cancels 84,600 Shares Under Ongoing Buy-Back Programme
Positive
Jan 12, 2026

Softcat plc has repurchased 84,600 of its ordinary shares on the London Stock Exchange through J.P. Morgan Securities as part of the share buy-back programme launched on 8 January 2026, paying a weighted average price of 1,482.9868p per share. The company will cancel these shares, reducing its issued share capital to 199,970,216 ordinary shares with voting rights and no treasury shares, a move that marginally enhances earnings per share and may be seen as a signal of confidence in the company’s valuation while providing shareholders with a revised denominator for regulatory disclosure thresholds.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Softcat Cancels 56,402 Shares Under Ongoing Buy-Back Programme
Positive
Jan 9, 2026

Softcat has repurchased 56,402 of its ordinary shares on the London Stock Exchange via J.P. Morgan Securities as part of the share buy-back programme launched on 8 January 2026, at prices between 1,465p and 1,473p per share and a weighted average price of 1,471.1620p. The company plans to cancel these shares, reducing its issued share capital to 200,053,009 ordinary shares with voting rights and no treasury shares, a move that marginally enhances earnings per share and clarifies the denominator investors should use for regulatory disclosure thresholds under the FCA’s rules.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Cancels 42,867 Shares After Launching New Buy-Back Programme
Positive
Jan 8, 2026

Softcat plc has continued its capital management strategy by repurchasing 42,867 of its ordinary shares on 8 January 2026 through J.P. Morgan Securities as part of a newly announced share buy-back programme, at prices ranging between 1,437p and 1,464p and a weighted average of 1,456.063p. The company intends to cancel these shares, reducing its issued share capital to 200,109,411 ordinary shares with full voting rights, a move that marginally increases existing shareholders’ proportional ownership and may signal management’s confidence in the company’s valuation and cash-generative capacity.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Regulatory Filings and Compliance
Softcat CEO and CFO Acquire Shares Under Company Incentive Plan
Neutral
Jan 8, 2026

Softcat plc has announced that its chief executive Graham Charlton and chief financial officer Katy Mecklenburgh have each acquired a small number of ordinary shares in the company through its Share Incentive Plan. The trades, conducted on the London Stock Exchange on 7 January 2026 and disclosed under UK Market Abuse Regulation, reflect routine participation by senior management in the firm’s employee share scheme, signalling continued alignment of executive interests with those of shareholders but representing an immaterial change to overall ownership levels.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyStock Buyback
Softcat Launches £45 Million Share Buyback Programme
Positive
Jan 8, 2026

Softcat has launched a share buyback programme of up to £45 million to repurchase and cancel its ordinary shares, starting on 8 January 2026 and expected to complete in the first half of the year. The initiative, conducted via a non-discretionary agreement with J.P. Morgan Securities plc under pre-set parameters and existing shareholder authorities, underscores the board’s confidence in the company’s long‑term prospects and disciplined capital allocation, signalling continued strength in cash generation and balance sheet resilience for shareholders.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Regulatory Filings and Compliance
Softcat Confirms Total Voting Rights at Year-End 2025
Neutral
Jan 2, 2026

Softcat plc has announced that, as of 31 December 2025, its issued share capital comprises 200,149,223 ordinary shares of £0.0005 each, all carrying voting rights and with no shares held in treasury. This disclosure sets the official total number of shares and voting rights at 200,149,223, providing shareholders and the market with the denominator needed to assess and report changes in significant holdings under the UK Financial Conduct Authority’s Disclosure and Transparency Rules, thereby supporting transparency and regulatory compliance in the company’s shareholder base.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Softcat Increases CEO Long-Term Incentive Award After Remuneration Policy Approval
Neutral
Dec 22, 2025

Softcat has granted an additional nil-cost share option award under its Long Term Incentive Plan to CEO and PDMR Graham Charlton, following shareholder approval of the company’s 2025 Remuneration Policy at the recent AGM. The top-up award of 11,977 ordinary shares increases Charlton’s total LTIP opportunity from 200% to 225% of base pay, with vesting dependent on three-year performance targets tied to relative total shareholder return against the FTSE 350 and underlying EPS outcomes for FY 2028, and options normally vesting in November 2028 and remaining exercisable until November 2035, underscoring Softcat’s emphasis on pay-for-performance alignment for senior leadership.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Executive/Board ChangesDividendsFinancial DisclosuresShareholder Meetings
Softcat plc Reports Successful AGM with All Resolutions Passed
Positive
Dec 16, 2025

Softcat plc announced that all resolutions at its Annual General Meeting on December 15, 2025, were passed with the requisite majority. Key resolutions included the approval of financial statements, directors’ remuneration, and the declaration of dividends. The re-election of several directors and the appointment of Ernst & Young LLP as auditors were also confirmed. This successful AGM reflects strong shareholder support and positions Softcat for continued growth and stability in the IT infrastructure market.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Softcat CEO Exercises Nil-Cost Options Under Incentive Plans
Neutral
Dec 15, 2025

Softcat plc announced the exercise of nil-cost options by its CEO, Graham Charlton, under the company’s Long Term Incentive Plan (LTIP) and Annual and Deferred Bonus Plan (DBP). The transactions involved the sale of a portion of shares to cover tax liabilities, with the remaining shares retained by the CEO. This move reflects the company’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting its market positioning and stakeholder confidence.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Executive/Board Changes
Softcat Chairman Exercises Incentive Plan Options
Neutral
Dec 12, 2025

Softcat plc announced the exercise of nil-cost options by a person discharging managerial responsibilities, specifically the Chairman, Graeme Watt. The exercise involved the Softcat Long Term Incentive Plan and the Annual and Deferred Bonus Plan, with a portion of shares sold to cover tax liabilities and the remainder retained. This transaction highlights the company’s ongoing commitment to rewarding its executives through incentive plans, potentially impacting its market perception and stakeholder confidence.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Other
Softcat CFO Purchases Significant Shares, Signaling Confidence
Positive
Dec 10, 2025

Softcat plc announced a transaction involving the purchase of 20,530 Ordinary Shares by Kathryn Mecklenburgh, the Chief Financial Officer, on December 8, 2025. This transaction, conducted outside a trading venue, reflects managerial confidence in the company’s performance and potential, potentially impacting investor sentiment and market perception.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.

Business Operations and Strategy
Softcat Executives Invest in Company Shares, Strengthening Stakeholder Confidence
Positive
Dec 10, 2025

Softcat plc announced transactions involving its CEO, Graham Charlton, and CFO, Katy Mecklenburgh, who both purchased partnership shares under the company’s Share Incentive Plan. These transactions, conducted on the London Stock Exchange, reflect the executives’ commitment to the company’s growth and align their interests with those of the shareholders, potentially boosting stakeholder confidence.

The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT 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: Dec 07, 2025