ePlus inc. (PLUS)

In the past six months, ePlus stock has trended upwards, with a 26.03% increase. Key events include strong Q2 FY2026 earnings, reaching a 52-week high, the acquisition of Realwave Inc., the sale of its US financing business to PEAC Solutions, and the initiation of a quarterly cash dividend. Analyst commentary questioned the company's valuation, leading to a modest decline in share price, while a Zacks Investment Research downgrade saw the stock still trade up.

Explicit details on the seasonality of demand for ePlus's specific IT products and services are not directly provided. Demand for ePlus's offerings is more likely influenced by broader economic conditions, technological shifts, and enterprise budget cycles rather than a fixed seasonal pattern. Factors such as IT spending trends, CIO caution, cloud adoption, and cybersecurity demand influence the IT distribution and solutions industry.

ePlus, Inc. is a consultative technology solutions provider that optimizes IT environments and supply chain processes in the United States and internationally. The company operates in the Technology sector, specifically in the IT Solutions and Services industry. ePlus offers a comprehensive portfolio of products and services, including third-party hardware, software, and maintenance. Their offerings include cloud solutions, cybersecurity, networking and collaboration, artificial intelligence, data center solutions, professional and managed services, and financing arrangements. The company is shifting its business model from hardware sales to subscription-based solutions.

ePlus has a multinational footprint, with operations throughout the United States, as well as in the United Kingdom, India, Singapore, the Netherlands, and Israel. The company delivers solutions to customers across the globe, having shipped to nearly 100 countries over the past four years and transacting in multiple currencies across the Americas, Europe, Asia, and Africa. They also leverage an extensive partner network for global logistics and import/export services.

ePlus maintains a strong brand reputation, consistently recognized within the IT industry. ePlus has been consistently recognized on CRN's Solution Provider 500 list for 14 consecutive years. Dori White, Vice President of Field and Partner Marketing at ePlus, was named Solution Provider Marketing Executive of the Year in CRN's 2025 Women of the Year Awards. Bailiwick Services was selected to participate in the National Retail Federation (NRF) Big Show Innovators Showcase. The company's development and launch of "ePlus AI Ignite" demonstrates its adaptability to market trends. ePlus emphasizes its customer-first, services-led, and results-driven approach.

ePlus, Inc. has a distinct ownership structure with a significant portion of its equity controlled by a single insider, Eric D. Hovde, who holds 43.69% of total shares. Institutional investors hold the majority of the remaining shares, with 97.68% institutional ownership. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, River Road Asset Management, LLC, Dimensional Fund Advisors LP, Fmr LLC, State Street Corp, American Century Companies Inc, and AltraVue Capital, LLC. Major individual owners include Eric D. Hovde and Steven D. Hovde.