Plus500 gains on upbeat FY26 outlook, strong Q1 customer income

Plus500

20/04/2026 08:20

** Shares of Plus500 PLUSP.L up about 2.8% at 4,580p

** Co expects FY26 revenue and EBITDA ahead of consensus of $779.3 mln and $360.4 mln, respectively

** Q1 revenue rose 18% Y/Y to $242.1 mln, customer income up 53% Y/Y to a five-year high of $270.6 mln

** Jefferies raises target price to 5,100p from 4,800p

** Stock has gained about 29.3% YTD

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))