ePlus inc. (PLUS) Stock Price & Analysis

ePlus inc. (PLUS) closed at USD 95.16 on Wednesday, October 28, 2026, down 0.68% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 95.81; the Oct 28, 2026 session ranged USD 93.85–95.74 on volume of 143,117 shares. Market capitalization is $2.48B, with a 52-week range of USD 70.96–98.21 (NMS). Source: Nexqual, retrieved October 29, 2026 at 09:05 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PLUS.md

Key facts (PLUS)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PLUS)

USDFY2022FY2023FY2024FY2025FY2026TTM
Revenue$1.82B$2.07B$2.18B$2.00B$2.44B$2.45B
Gross profit$461M$518M$512M$512M$616M—
Operating income$147M$166M$134M$99.7M$166M$169M
Net income$106M$119M$118M$105M$133M$125M
EPS (diluted)$3.93$4.48$4.41$3.93$5.03—
Free cash flow——$241M$297M-$121M—
Gross margin25.3%25.0%23.5%25.6%25.2%—
Operating margin8.1%8.0%6.1%5.0%6.8%6.9%
Net margin5.8%5.8%5.4%5.2%5.4%5.1%
Revenue growth+16.1%+13.5%+5.3%-8.2%+22.1%—
Cash + short-term investments$155M$103M$253M$389M$411M—
Total debt$5.8M$9.5M$12.9M$38.8M——

Fiscal years end Mar. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (PLUS)

P/E 19.8x · P/S 1.0x · P/B 2.3x · Earnings yield 5.04% · Dividend yield (paid, TTM) 1.08% · Buyback yield (TTM) 2.13%

P/E at fiscal year-ends: Mar 2026 15.0x, Mar 2025 15.6x, Mar 2024 17.8x.

Insider sales (SEC Form 4, open-market, last ~7 months) (PLUS)

12 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

Trade dateInsiderRoleSharesValue% of holdings sold10b5-1 planInsider type
2026-10-12…2026-10-13Marion Elaine DCHIEF FINANCIAL OFFICER5,000$481K4.2%Yes (adopted November 18, 2025)Too little history (no open-market trades in 2025)
2026-10-01Raiguel Darren SCHIEF OPERATING OFFICER6$1K0%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-09-22Raiguel Darren SCHIEF OPERATING OFFICER1$0K0%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-09-16Raiguel Darren SCHIEF OPERATING OFFICER139$13K0.1%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-09-14…2026-09-15Raiguel Darren SCHIEF OPERATING OFFICER854$80K0.8%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-08-14Callies John EDirector500$44K2.4%NoToo little history (no open-market trades in 2023)
2026-08-10Raiguel Darren SCHIEF OPERATING OFFICER1,000$91K1%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-08-04Raiguel Darren SCHIEF OPERATING OFFICER200$20K0.2%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-08-03…2026-08-04Marion Elaine DCHIEF FINANCIAL OFFICER7,182$690K5.7%Yes (adopted November 18, 2025)Too little history (no open-market trades in 2025)
2026-07-29Marion Elaine DCHIEF FINANCIAL OFFICER2,818$268K2.2%Yes (adopted November 18, 2025)Too little history (no open-market trades in 2025)
2026-07-28…2026-07-29Raiguel Darren SCHIEF OPERATING OFFICER2,000$188K1.9%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-05-08…2026-05-11Raiguel Darren SCHIEF OPERATING OFFICER1,284$115K1.3%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)
2026-05-06Raiguel Darren SCHIEF OPERATING OFFICER5$0K0%Yes (adopted November 10, 2025)Too little history (no open-market trades in 2025)

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PLUS)

Consensus Buy (mean 2.00 on a 1–5 scale), 1 analysts; mean target USD 111 (low 111, high 111).

Total return (dividends reinvested) (PLUS)

1Y (from 2025-10-29)5Y (from 2021-10-25)
Total return+33.0%+74.9%
S&P 500 (SPY)+13.6%+79.8%
Per year+33.2%+11.8%
Volatility (annualized)33.0%34.1%
Max drawdown-20.6% (Dec 2025→Mar 2026)-42.9% (Oct 2024→Mar 2025)

PLUS earnings history and stock reaction

Results filedQuarterEPSConsensusSurpriseStock reaction
Aug 4, 2026Quarter ended Jun 30, 2026$1.28$1.15Beat +11.3%+1.0%
May 28, 2026Quarter ended Mar 31, 2026$1.00$0.98Beat +2.0%-8.0%
Feb 4, 2026Quarter ended Dec 31, 2025$1.45$1.01Beat +43.6%-0.4%
Nov 6, 2025Quarter ended Sep 30, 2025$1.53$0.95Beat +61.1%+14.6%
Aug 7, 2025————+8.9%
May 22, 2025————+2.4%
Feb 5, 2025————-12.4%
Nov 12, 2024————-17.9%

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

PLUS recent SEC filings (last 120 days)

FiledFormWhat it says
Sep 14, 20268-KBylaws or fiscal-year change; Shareholder vote results
Aug 7, 2026Schedule 13G/ARiver Road Asset Management, LLC: 4.5% of shares, passive 5%+ holder (amended)
Aug 4, 20268-KQuarterly results; Other material event
“On August 4, 2026, the Company announced that its Board of Directors declared a quarterly cash dividend of $0.27 per common share to be paid on September 16, 2026, to all shareholders of record as of the close of business on August 25, 2026.”
Aug 4, 202610-QQuarterly report · period ended Jun 30, 2026
Jul 24, 2026DEFA14AAdditional proxy material
Jul 24, 2026DEF 14AProxy statement (pay, board, votes) · period ended Sep 10, 2026
Jul 14, 2026Schedule 13GDimensional Fund Advisors LP: 5.2% of shares, passive 5%+ holder
Jul 6, 20268-KDirector or executive officer change, or pay arrangement
“(d) On July 6, 2026, pursuant to Article III of the Amended and Restated Bylaws of ePlus inc. (the "Company"), the Board of Directors (the "Board") of the Company increased the size of the Board from eight to nine directors and appointed John M. Lutz, 64, to the Board, filling the vacancy. Mr. Lutz's term will continue until the Company's next Annual Meeting of Shareholders and until his successor is elected and qualified. Mr. Lutz was also appointed to both the Audit Committee and the Compensation Committee of…”

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

PLUS revenue by business segment (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Financing Reporting Unit$649.0M100.0%+1.0%
— Product Reporting Unit (part of Financing Reporting Unit)$529.6M81.6%+0.6%
— Professional Services Reporting Unit (part of Financing Reporting Unit)$68.1M10.5%-5.1%
— Managed Services Reporting Unit (part of Financing Reporting Unit)$51.3M7.9%+15.1%
All Other Segments$127,0000.0%+14.4%
Total revenue$649.1M100%—

PLUS revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Technology Reporting Unit$649.0M100.0%+1.0%
— Product (part of Technology Reporting Unit)$529.7M81.6%+0.6%
— Service (part of Technology Reporting Unit)$119.4M18.4%+2.6%
Total revenue$649.1M100%—

PLUS revenue by region (fiscal year ended Mar 31, 2026)

LineRevenueShare of totalYoY
United States$2.35B96.2%+22.7%
Non Us$92.7M3.8%+8.6%
Total revenue$2.44B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PLUS suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
SupplierArista Networks (ANET)“Products manufactured by NetApp, Hewlett Packard Enterprise, Juniper Networks, Dell, and Arista Networks, collectively represented approximately 23% to 28% of net sales for the last three years.”
SupplierCisco (CSCO)“Products manufactured by Cisco Systems represented approximately 29%, 32%, and 44% of net sales for the years ended March 31, 2026, 2025, and 2024, respectively.”
SupplierDell Technologies (DELL)“Products manufactured by NetApp, Hewlett Packard Enterprise, Juniper Networks, Dell, and Arista Networks, collectively represented approximately 23% to 28% of net sales for the last three years.”
SupplierHewlett Packard Enterprise (HPE)“Products manufactured by NetApp, Hewlett Packard Enterprise, Juniper Networks, Dell, and Arista Networks, collectively represented approximately 23% to 28% of net sales for the last three years.”
SupplierWells Fargo Commercial Distribution Finance“The loss of or reduction in the WFCDF Credit Facility could have a material adverse effect on our future results as we rely on this facility and its components for daily working capital and the operational function of our accounts payable process.”
CustomerAmazon (AMZN)“These solutions have expanded to include private marketplace experiences for our customers such as AWS Marketplace, Azure Marketplace, and Google Cloud Marketplace.”
CustomerMicrosoft (MSFT)“These solutions have expanded to include private marketplace experiences for our customers such as AWS Marketplace, Azure Marketplace, and Google Cloud Marketplace.”
CustomerVERIZON COMMUNICATIONS INC (VZ)“Sales to Verizon Communications Inc. represented 24%, 17%, and 19% of our net sales and 17%, 12%, and 13% of gross billings for the years ended March 31, 2026, 2025, and 2024, respectively.”
CustomerAlphabet (Google) (GOOGL)“These solutions have expanded to include private marketplace experiences for our customers such as AWS Marketplace, Azure Marketplace, and Google Cloud Marketplace.”
PartnerNVIDIA (NVDA)“Our solutions are comprised of world class leading technologies from partners such as Amazon Web Services ("AWS"), Arista Networks, Check Point, Cisco Systems, Citrix, CrowdStrike, Dell, Everpure, F5 Networks, Foresite, Fortinet, Gigamon, HPE, Lenovo, Microsoft, NetApp, Nutanix, NVIDIA, Oracle, Palo Alto Networks, Proficio, Rubrik, SentinelOne, Varonis, VMware by Broadcom, Zoom, and many others.”
PartnerLenovo“Our solutions are comprised of world class leading technologies from partners such as Amazon Web Services ("AWS"), Arista Networks, Check Point, Cisco Systems, Citrix, CrowdStrike, Dell, Everpure, F5 Networks, Foresite, Fortinet, Gigamon, HPE, Lenovo, Microsoft, NetApp, Nutanix, NVIDIA, Oracle, Palo Alto Networks, Proficio, Rubrik, SentinelOne, Varonis, VMware by Broadcom, Zoom, and many others.”
PartnerOracle (ORCL)“Our solutions are comprised of world class leading technologies from partners such as Amazon Web Services ("AWS"), Arista Networks, Check Point, Cisco Systems, Citrix, CrowdStrike, Dell, Everpure, F5 Networks, Foresite, Fortinet, Gigamon, HPE, Lenovo, Microsoft, NetApp, Nutanix, NVIDIA, Oracle, Palo Alto Networks, Proficio, Rubrik, SentinelOne, Varonis, VMware by Broadcom, Zoom, and many others.”
PartnerBroadcom (AVGO)“Our solutions are comprised of world class leading technologies from partners such as Amazon Web Services ("AWS"), Arista Networks, Check Point, Cisco Systems, Citrix, CrowdStrike, Dell, Everpure, F5 Networks, Foresite, Fortinet, Gigamon, HPE, Lenovo, Microsoft, NetApp, Nutanix, NVIDIA, Oracle, Palo Alto Networks, Proficio, Rubrik, SentinelOne, Varonis, VMware by Broadcom, Zoom, and many others.”

Quoted from the company's 10-K filed May 28, 2026.

PLUS customer concentration

In the period ended Mar 31, 2026, 2 direct customers each accounted for at least 10% (29%, 24%) of revenue, per the company's 10-K filed May 28, 2026. The company does not name them.

PLUS analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$1.47$1.53-4.2%$636.1M2
Next quarter (ends Dec 2026)$1.53$1.51+1.3%$656.8M2
Current fiscal year (ends Mar 2027)$5.47$5.33+2.7%$2.56B2
Next fiscal year (ends Mar 2028)$5.96$5.80+2.6%$2.68B2

PLUS options: expected move

Options price a move of about ±8.8% (±$8.40) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±8.2% on average.

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262243.9%±8.8%
Dec 18, 20265038.1%±11.4%
Mar 19, 202714133.6%±16.7%
Jun 17, 202723133.5%±21.2%

30-day implied volatility 39.7% vs 22.9% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 29, 2026 at 09:05 UTC)

PriceUSD 95.16
Change▼ 0.68% (down)
Previous CloseUSD 95.81
OpenUSD 95.74
Day RangeUSD 93.85 – 95.74
52-Week RangeUSD 70.96 – 98.21
Volume143,117 shares
Market Cap$2.48B
ExchangeNMS

Technical Analysis (PLUS)

Nexqual's technical model rates PLUS "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 09:05 UTC.

Overall SignalSTRONG BUY
RSI (14)54.03 (neutral)
vs SMA50Above (USD 91.39)
MACD1.15 (positive)

Analyst Ratings (PLUS)

Wall Street analysts rate PLUS "Buy" based on 1 analysts, with a mean price target of USD 111 (range USD 111–111), per Nexqual as of October 29, 2026 at 09:05 UTC.

Consensus RatingBuy
Analyst Count1
Mean TargetUSD 111
High TargetUSD 111
Low TargetUSD 111
Buy / Hold / Sell1 / 0 / 0

Earnings (PLUS)

Next Earnings Date2026-11-05
EPS EstimateUSD 1.47
Revenue Estimate$636.10M

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 1.28 vs est 1.15 ▲ beat
2026-03-31USD 1 vs est 0.98 ▲ beat
2025-12-31USD 1.45 vs est 1.01 ▲ beat
2025-09-30USD 1.53 vs est 0.95 ▲ beat

Source: Nexqual, October 29, 2026 at 09:05 UTC.

Financials & Fundamentals (PLUS)

Total Revenue$2.45B
Revenue Growth (latest quarter, YoY)+1.00%
Gross Margin+25.06%
Operating Margin+5.98%
Profit Margin+4.91%
ROE+11.70%
Debt / Equity0.11
Current Ratio2.13
Total Cash$448.85M
Total Debt$122.53M
Free Cash Flow (fiscal year ended Mar 2026, SEC 10-K)-$120.66M (-4.9% of revenue)

Source: Nexqual, October 29, 2026 at 09:05 UTC.

Financial Health Score (PLUS)

Nexqual rates ePlus inc.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 09:05 UTC.

GrowthStrong — Revenue +18% YoY (annual)
ProfitabilitySolid — Gross margin 25%, operating 7% (last 4 quarters to Jun 2026, SEC)
Balance SheetStrong — $449M cash vs $123M debt, net cash position
Cash FlowWeak — FCF negative: -$121M (FY ended Mar 2026, 10-K), burning cash
EfficiencyMixed — ROE 12%, ROA 6.7% (last 4 quarters, SEC)

Ownership (PLUS)

Insider Ownership+2.21%
Institutional Ownership+97.40%
Shares Outstanding26.09M
Float25.29M
Short % of Float+6.79%

Source: Nexqual, October 29, 2026 at 09:05 UTC.

Leadership (PLUS)

ePlus inc. is led by Mark P. Marron, CEO, President & Director, per Nexqual as of October 29, 2026 at 09:05 UTC.

CEO, President & DirectorMark P. Marron
Chief Financial OfficerElaine D. Marion
Chief Operating OfficerDarren S. Raiguel
Executive Vice President of SalesJohn Bengivenni
Senior Vice President of MarketingDori White

Major Backers & Investors (PLUS)

Notable institutional backers of ePlus inc. include River Road Asset Management, LLC, First Trust Advisors LP, AltraVue Capital, LLC, according to Nexqual as of October 29, 2026 at 09:05 UTC.

Active Investors

InvestorStake
River Road Asset Management, LLC6.06%
First Trust Advisors LP3.53%
AltraVue Capital, LLC3.49%
First TRT Exch-Trd Fd. VI-First TRT SMID Cap Rising Dividend Achievers3.27%
FMR, LLC3.03%
American Century Companies Inc2.91%

Index Funds (Passive)

FundStake
BlackRock15.56%
Vanguard Group8.83%
Dimensional Fund Advisors5.24%
State Street4.09%

Source: Nexqual, October 29, 2026 at 09:05 UTC.

From ePlus inc.'s Latest SEC 10-K Filing (filed 2026-05-28)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 09:05 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt