Softcat stock gains after JPMorgan keeps Buy rating
Published on 09/14/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Softcat stock (GB00BYZ2B577) is trading with fresh analyst support after JPMorgan kept a Buy rating and a 23.00 GBP price target on September 7, 2026. The shares closed at 1,647 pence on September 11, 2026, after a 0.3 percent drop, while Investing.com showed a 12-month average target of 1,981.50 GBP on September 14, 2026.
Analysts still see upside
According to Investing.com Canada on September 14, 2026, JPMorgan kept Softcat at Buy with a 23.00 GBP target, while Deutsche Bank cut its call to Hold with a 21.40 GBP target on August 26, 2026. The same page shows 6 Buy, 7 Hold and 0 Sell ratings from 12 analysts, with an average target of 1,981.50 GBP.
That target implies 4.52 percent upside from the quoted average estimate, and it places the stock below the highest analyst view of 2,447 GBP. For investors, the spread between 1,500 GBP and 2,447 GBP shows how wide the debate remains.
Trading near the recent close
Softcat ended September 11, 2026 at 1,647 pence on the London Stock Exchange, according to ad hoc news. Investing.com also showed a Softcat quote of 1,896.00 pence on September 14, 2026, with a day range of 1,844.00 pence to 1,899.00 pence and a 52-week range of 1,083.00 pence to 2,134.00 pence.
On that same snapshot, the market value was shown at 1,896.00 pence for the shares and the stock was 2.10 percent higher on the day. A first.
Revenue and profit base
On Investing.com's income-statement page, Softcat's latest reported quarter showed revenue of 837.54 million GBP, net income of 65.47 million GBP and EBITDA of 97.79 million GBP. The same page lists full-year revenue of 1,458.41 million GBP, operating income of 180.13 million GBP and gross profit of 494.28 million GBP.
Those figures also show revenue down 8.25 percent versus the prior comparable period, EBITDA down 9.80 percent and gross profit margin at 32.22 percent. For a stock trading close to its 52-week band, that mix of margin and revenue trend is the key check.
Softcat stock at a glance
Softcat stock facts
- Company: Softcat plc
- ISIN: GB00BYZ2B577
- Ticker: SCT
- Trading venue: London Stock Exchange
- Price (as of September 14, 2026): 1,896.00 GBP
- Market capitalization: 1,896.00 GBP (as of September 14, 2026)
- Sector / Industry: Technology / IT services
- Index membership: FTSE 250
Softcat stock closed at 1,647 pence on September 11, 2026, and the latest quote snapshot showed 1,896.00 pence on September 14, 2026. More news and analyses on Softcat stock are available via the internal topic page.
