Published: September 17, 2026 at 1:10 pm
The recovery has continued at Bytes Technology Group plc after it upgraded guidance for its FY27 results.
Shares in Bytes – a software, security, AI and cloud services specialist based in Surrey – had climbed 13% today by 1pm to 454 pence, passing a market cap of £1 billion.
It has been a remarkable recovery from Bytes, which six months ago saw its share price drop as low as 253p after a disappointing trading update and the departure of MD Jack Watson ‘by mutual consent’.
Shares are now up 52% in six months, although they remain below the 2024 high water mark of 657p – achieved before an authorised trading scandal concerning former CEO Neil Murphy sent the London-listed stock plummeting.