Computacenter stock reports record first half and higher outlook

Published on 10/05/2026 at 23:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Computacenter stock follows a September 8 report showing H1 revenue of GBP 6,845.2 million, up 71.6 percent. The backlog reached GBP 9.3 billion.

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Computacenter stock (ISIN GB00BV9FP302) was last at GBp 5,420 on the London Stock Exchange on October 5, 2026 at 4:35 p.m. London time, up 0.28 percent from the prior session. The company’s September 8 half-year report showed record growth and lifted the full-year profit outlook.

Profit outlook clears consensus

For the six months ended June 30, 2026, revenue rose 71.6 percent year over year to GBP 6,845.2 million, while adjusted operating profit increased 86.5 percent to GBP 153.1 million, according to Computacenter in its September 8, 2026 release.

The stronger operating result translated into adjusted diluted earnings per share of 101.9 pence, up 94.1 percent from 52.5 pence in H1 2025. Computacenter also raised its FY 2026 adjusted profit before tax outlook to at least GBP 380 million, compared with company-compiled consensus of GBP 340.9 million, the same release said.

Backlog grows as margins narrow

The committed product order backlog stood at GBP 9.3 billion on June 30, 2026, up 323.2 percent year over year and 29.5 percent from December 31, 2025 on a constant-currency basis. North America accounted for 62 percent of adjusted operating profit before central costs, compared with 44 percent in H1 2025.

The growth profile carries a margin trade-off. Group gross margin on a revenue basis fell to 9.6 percent from 12.6 percent in H1 2025, while Managed Services revenue declined 4.5 percent in constant currency, according to Computacenter.

Analysts see limited target upside

MarketBeat lists a Buy consensus from four analysts, with an average target of GBp 5,675, a high of GBp 6,500 and a low of GBp 3,700. The average target lies 4.7 percent above the GBp 5,420 price, according to MarketBeat.

The analyst actions behind that average remain positive: Berenberg raised its target from GBp 5,300 to GBp 6,500 on September 9, 2026, while JPMorgan lifted its target from GBp 5,000 to GBp 6,000 on September 7, 2026, the same MarketBeat forecast page reports.

Stock remains below yearly high

Computacenter’s GBp 5,420 last price on October 5, 2026 sits within a 52-week range of GBp 2,578 to GBp 6,045, with volume of 161,081 shares. The next cash checkpoint is the GBP 0.271 per-share interim dividend scheduled for October 23, 2026, as stated by Computacenter.