Softcat Stock Surges on Upgraded Profit Forecast

By EC Assets · Published 22 May 2026 · Updated 22 May 2026

Softcat PLC stock rose significantly today, extending a recent recovery. The British IT firm raised its annual profit forecast, corporate demand. The company's board highlighted increased interest in AI infrastructure. Softcat shares surged nearly 9.5% to 1578.5p during today’s session. MarketScreener reported Softcat rose 11.5%. This movement occurred as European stocks largely opened higher. The company stated that customers were rushing orders. This contributed to its decision to lift the full-year profit outlook. Softcat’s broad based offering appeals to customer needs. This positive movement for Softcat occurs within a broader market context where stocks and oil prices are climbing. The FTSE 100 added 0.3%. Investors will monitor further announcements from Softcat regarding its profit outlook and demand trends. This article is intended for informational purposes only. It does not constitute investment advice.