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Plus500 Ltd.LSE:PLUS Stock Report

Market Cap UK£3.2b
Share Price
UK£46.54
UK£46.74
0.4% undervalued intrinsic discount
1Y35.4%
7D2.9%
1D
Portfolio Value
View

Plus500 Ltd.

LSE:PLUS Stock Report

Market Cap: UK£3.2b

Plus500 (PLUS) Stock Overview

A fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. More details

PLUS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends4/6

PLUS Community Fair Values

Create Narrative

See what 26 others think this stock is worth. Follow their fair value or set your own to get alerts.

Plus500 Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Plus500
Historical stock prices
Current Share PriceUK£46.54
52 Week HighUK£49.74
52 Week LowUK£28.74
Beta0.40
1 Month Change3.84%
3 Month Change13.13%
1 Year Change35.37%
3 Year Change222.97%
5 Year Change208.01%
Change since IPO3,778.33%

Recent News & Updates

Narrative Update Apr 24

PLUS: US Prediction Markets Entry Will Support Balanced Long Term Outlook

Analysts have slightly lifted their price target for Plus500 to £46.74 from £46.25. This reflects updated assumptions around revenue growth, discount rate and future P/E that are only modestly different from previous estimates.
Narrative Update Apr 09

PLUS: US Prediction Markets Expansion Will Support Stronger Long Term Outlook

Analysts have trimmed their fair value estimate for Plus500 from £46.82 to £46.25, citing updated assumptions related to the discount rate and a slightly lower future P/E multiple. What's in the News Plus500 has entered the US retail prediction markets segment by launching event based contracts on its US B2C platform, Plus500 Futures, using products from Kalshi, a CFTC regulated event based contracts exchange (Key Developments).
Narrative Update Mar 25

PLUS: US Prediction Markets Entry Will Drive Stronger Long Term Outlook

Analysts have raised their price target for Plus500 from £45.65 to £46.82, citing updated assumptions around discount rates, profit margins and future P/E that partially offset a softer revenue growth outlook. What's in the News Plus500 has entered the US retail prediction markets segment through event based contracts on its US B2C trading platform, Plus500 Futures, using products from Kalshi, a CFTC regulated event based contracts exchange (Key Developments).

Recent updates

Narrative Update Apr 24

PLUS: US Prediction Markets Entry Will Support Balanced Long Term Outlook

Analysts have slightly lifted their price target for Plus500 to £46.74 from £46.25. This reflects updated assumptions around revenue growth, discount rate and future P/E that are only modestly different from previous estimates.
Narrative Update Apr 09

PLUS: US Prediction Markets Expansion Will Support Stronger Long Term Outlook

Analysts have trimmed their fair value estimate for Plus500 from £46.82 to £46.25, citing updated assumptions related to the discount rate and a slightly lower future P/E multiple. What's in the News Plus500 has entered the US retail prediction markets segment by launching event based contracts on its US B2C platform, Plus500 Futures, using products from Kalshi, a CFTC regulated event based contracts exchange (Key Developments).
Narrative Update Mar 25

PLUS: US Prediction Markets Entry Will Drive Stronger Long Term Outlook

Analysts have raised their price target for Plus500 from £45.65 to £46.82, citing updated assumptions around discount rates, profit margins and future P/E that partially offset a softer revenue growth outlook. What's in the News Plus500 has entered the US retail prediction markets segment through event based contracts on its US B2C trading platform, Plus500 Futures, using products from Kalshi, a CFTC regulated event based contracts exchange (Key Developments).
Narrative Update Mar 11

PLUS: Prediction Market Expansion Will Support Steady Long Term Outlook

Analysts have kept their fair value estimate for Plus500 steady at £45.65, making only minor tweaks to inputs such as the discount rate and assumed future P/E. These adjustments resulted in no material change to their overall price target view.
Narrative Update Feb 23

PLUS: Event Contract Clearing Expansion Will Support Measured Long Term Outlook

Analysts have raised their Plus500 price target from £41.75 to £45.65, citing updated assumptions around revenue growth, profit margins and future P/E multiples as the main drivers behind the revised view. What's in the News Plus500 has entered the US retail prediction markets segment by launching event based contracts on its US B2C trading platform, Plus500 Futures, using products from Kalshi Exchange, a CFTC regulated event based contracts exchange (Key Developments).
Narrative Update Feb 09

PLUS: Event Contract Clearing Role Will Support Balanced Long Term Outlook

Analysts have nudged their fair value estimate for Plus500 from $39.91 to $41.75, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E that together support a slightly higher long term price target. What's in the News Plus500 entered the US retail prediction markets segment by launching event based contracts on its US B2C trading platform, Plus500 Futures, using products from Kalshi Exchange, a CFTC regulated event based contracts exchange (Key Developments).
Narrative Update Jan 26

PLUS: Clearing Role And Margin Outlook Will Support Balanced Future Interest

Analysts have lifted their price target for Plus500 from £37.02 to £39.91, citing updated views on discount rates, revenue growth assumptions, profit margins, and forward P/E expectations. What's in the News Plus500 has been appointed as the clearing partner for the CME and FanDuel's new event based contracts platform, supporting FanDuel Prediction Markets, a non clearing Futures Commission Merchant and joint venture between CME Group and FanDuel.
Narrative Update Jan 09

PLUS: Clearing Partnerships And Stable Outlook Will Support Balanced Share Interest

Analysts have modestly adjusted their price target framework for Plus500, citing small refinements to the discount rate, revenue growth assumptions, and future P/E expectations rather than a fundamental shift in the company’s outlook. What's in the News Plus500 was appointed clearing partner for the CME and FanDuel event based contracts platform, providing brokerage execution and clearing services for FanDuel Prediction Markets, a non clearing FCM jointly backed by CME Group and FanDuel (Key Developments).
Analysis Article Jan 07

Plus500 Ltd.'s (LON:PLUS) Earnings Are Not Doing Enough For Some Investors

With a price-to-earnings (or "P/E") ratio of 12.9x Plus500 Ltd. ( LON:PLUS ) may be sending bullish signals at the...
Narrative Update Dec 24

PLUS: Clearing Partnerships And Durable Outlook Will Support Measured Share Interest

Narrative Update: Analyst Price Target Revision Analysts have modestly raised their price target on Plus500 by approximately 4 percent to reflect improved expectations for revenue growth and profitability. This revision is supported by a slightly lower perceived risk profile and a marginally higher future earnings multiple.
Narrative Update Dec 10

PLUS: Clearing Partnerships And Stable Outlook Will Support Measured Share Interest

Analysts have nudged their price target on Plus500 higher, lifting fair value by about $0.94 per share, as improving forward revenue expectations and a modest uptick in assumed growth prospects more than offset slightly lower profit margin forecasts and a higher future earnings multiple. What's in the News Plus500 was appointed clearing partner for the CME and FanDuel's new event based contracts platform, providing brokerage execution and clearing services for FanDuel Prediction Markets and showcasing its institutional grade infrastructure for event driven trading markets (Key Developments).
Narrative Update Nov 25

PLUS: Expanded Market Access Will Drive Renewed Interest In Shares

Analysts have modestly raised their price target for Plus500, increasing the fair value estimate from $33.69 to $34.61. This adjustment is due to improved revenue growth forecasts, even though there is a slight dip in profit margin projections.
Analysis Article Sep 17

Plus500 Ltd.'s (LON:PLUS) Low P/E No Reason For Excitement

Plus500 Ltd.'s ( LON:PLUS ) price-to-earnings (or "P/E") ratio of 10.7x might make it look like a buy right now...
Analysis Article May 23

Investors Don't See Light At End Of Plus500 Ltd.'s (LON:PLUS) Tunnel

With a price-to-earnings (or "P/E") ratio of 12x Plus500 Ltd. ( LON:PLUS ) may be sending bullish signals at the...
Analysis Article Mar 14

Revenue Downgrade: Here's What Analysts Forecast For Plus500 Ltd. (LON:PLUS)

One thing we could say about the analysts on Plus500 Ltd. ( LON:PLUS ) - they aren't optimistic, having just made a...
User avatar
New Narrative Mar 11

Diversifying Into Futures Will Expand Product Offerings

Plus500's strategic focus on diversifying products and geographic markets is driving revenue growth and expanding its customer base.
Analysis Article Feb 21

Plus500 Ltd. (LON:PLUS) Analysts Are Pretty Bullish On The Stock After Recent Results

Shareholders might have noticed that Plus500 Ltd. ( LON:PLUS ) filed its yearly result this time last week. The early...
Analysis Article May 09

Insufficient Growth At Plus500 Ltd. (LON:PLUS) Hampers Share Price

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") above 17x, you may...
Analysis Article Jan 09

Insufficient Growth At Plus500 Ltd. (LON:PLUS) Hampers Share Price

With a price-to-earnings (or "P/E") ratio of 6.7x Plus500 Ltd. ( LON:PLUS ) may be sending very bullish signals at the...
Analysis Article May 03

Is Now The Time To Put Plus500 (LON:PLUS) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Jan 07

Here's Why Plus500 (LON:PLUS) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 28

Do Plus500's (LON:PLUS) Earnings Warrant Your Attention?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Mar 31

If You Like EPS Growth Then Check Out Plus500 (LON:PLUS) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Mar 10

Should You Take Comfort From Insider Transactions At Plus500 Ltd. (LON:PLUS)?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Analysis Article Feb 20

Should You Buy Plus500 Ltd. (LON:PLUS) For Its Upcoming Dividend?

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Plus500 Ltd...
Analysis Article Feb 19

Are Institutions Heavily Invested In Plus500 Ltd.'s (LON:PLUS) Shares?

If you want to know who really controls Plus500 Ltd. ( LON:PLUS ), then you'll have to look at the makeup of its share...
Analysis Article Jan 29

Plus500 Ltd.'s (LON:PLUS) 3.6% Dividend Yield Looks Pretty Interesting

Dividend paying stocks like Plus500 Ltd. ( LON:PLUS ) tend to be popular with investors, and for good reason - some...
Analysis Article Jan 11

Plus500 (LON:PLUS) Has Rewarded Shareholders With An Exceptional 482% Total Return On Their Investment

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Analysis Article Dec 22

Should You Be Adding Plus500 (LON:PLUS) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analysis Article Dec 04

Have Insiders Been Buying Plus500 Ltd. (LON:PLUS) Shares This Year?

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

Shareholder Returns

PLUSGB Capital MarketsGB Market
7D2.9%3.6%1.5%
1Y35.4%-7.2%19.4%

Return vs Industry: PLUS exceeded the UK Capital Markets industry which returned -7.2% over the past year.

Return vs Market: PLUS exceeded the UK Market which returned 19.4% over the past year.

Price Volatility

Is PLUS's price volatile compared to industry and market?
PLUS volatility
PLUS Average Weekly Movement2.7%
Capital Markets Industry Average Movement4.5%
Market Average Movement5.7%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.1%

Stable Share Price: PLUS has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: PLUS's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008674David Zruiawww.plus500.com

Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. It develops and operates an online trading platform, such as over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange pairs, and cryptocurrencies. The company also operates Plus500 Invest, a share dealing platform.

Plus500 Ltd. Fundamentals Summary

How do Plus500's earnings and revenue compare to its market cap?
PLUS fundamental statistics
Market capUK£3.24b
Earnings (TTM)UK£209.30m
Revenue (TTM)UK£581.76m
15.5x
P/E Ratio
5.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLUS income statement (TTM)
RevenueUS$781.90m
Cost of RevenueUS$0
Gross ProfitUS$781.90m
Other ExpensesUS$500.60m
EarningsUS$281.30m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)4.04
Gross Margin100.00%
Net Profit Margin35.98%
Debt/Equity Ratio0%

How did PLUS perform over the long term?

See historical performance and comparison

Dividends

3.7%
Current Dividend Yield
23%
Payout Ratio

Does PLUS pay a reliable dividends?

See PLUS dividend history and benchmarks
When do you need to buy PLUS by to receive an upcoming dividend?
Plus500 dividend dates
Ex Dividend DateFeb 19 2026
Dividend Pay DateJul 09 2026
Days until Ex dividend96 days
Days until Dividend pay date44 days

Does PLUS pay a reliable dividends?

See PLUS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 20:05
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Plus500 Ltd. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Hal PotterBofA Global Research
null nullCanaccord Genuity