Coverage / LON:TRCS / Trade Card

LON:TRCS

Tracsis Plc

OPPORTUNISTIC BUY Analysis generated 2026-10-04 Market data as of 2026-11-13 Market data 2 days old 346.80p Technology - Software - ApplicationREDUCE ZONE
ACTIONABLEMethodology gates passed
50

Position levels

Currenttoday
346.80p
Buy <=wait / entry
281.67p
Trim >=take some off
345.00p
Thesis breakA disclosed customer loss at Mistral or Vesputi, a goodwill impairment, or a rec...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case15%100 / 10015.0
Base case50%62 / 10031.0
Bear case35%10 / 1003.5
Weighted conviction50 / 100 - OPPORTUNISTIC BUY

Top risks

  • Three-year agreement signed with major passenger rail operator for core TrainTRACS and TRACSRoster software products
  • Completed acquisitions of Vesputi and Mistral Data with divestment of Events business to focus on software-led growth
  • Mistral Data acquisition added high-margin recurring revenue, two new UK train operator customers and lifted group recurring revenue share to 70%
Read full report →

Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.

\n