Plus500 shares rise as second-quarter revenue beats expectations
Plus500 (LON:PLUS) shares rose more than 1.5% in early trading, becoming one of the biggest gainers in the FTSE 250 on Monday. The gains reflected investor optimism after the company reported strong second-quarter results.
Plus500 reported second-quarter revenue of $209.3 million, up 15% year-on-year, a result that beat expectations amid volatile global financial markets. The company said the results reflected steady growth in trading activity and an expanding customer base.
In an accompanying statement, Plus500 maintained its confidence in its 2025 outlook, saying that its long-term growth strategies, coupled with its strong technology platform and diverse product portfolio, will continue to deliver positive results in the coming quarters.
-PLUS: Sustainable Stock or Time for a Correction?
Plus500 has been one of the best-performing mid-cap stocks in recent years, with its ability to maintain stable earnings and attractive dividends. However, after a strong run in 2024, some investors are questioning whether current valuations reflect its intrinsic value.
In a challenging and unpredictable market environment, finding potential investment opportunities is becoming increasingly difficult. Investing.com's ProPicks AI tool has identified many potential stocks that have been overlooked by the market, including nine that have risen more than 25% this year alone.
Will Plus500 remain on the list of top stocks to watch in 2025? The answer depends on the company's ability to maintain its revenue growth, product innovation, and international expansion.