Broadridge Financial Solutions

BR · NYSE

$179.99+$4.87 (+2.78%)TodayMarket closed · Oct 20, 4:48 PM ET

Prev close $175.12

BR analyst rating

BuyConsensus of 6 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy3
Hold3
Underperform0
Sell0

12-month price target · 12 analysts

Average $221.79 (+23.2% upside)

Low: $177.76
Now: $179.99
High: $268.90

Upgrades and downgrades

The latest rating actions, newest first

BR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Aug 31, 2026	Maintains	Outperform	$225.00 → $226.00	64%
Morgan Stanley	Aug 6, 2026	Maintains	Equal-Weight	$169.00 → $176.00	57%
RBC Capital	Aug 5, 2026	Maintains	Outperform	$200.00 → $225.00	64%
DA Davidson	May 5, 2026	Maintains	Buy	$228.00 → $214.00	57%
UBS	May 4, 2026	Maintains	Neutral	$250.00 → $165.00	63%
RBC Capital	May 1, 2026	Maintains	Outperform	$245.00 → $200.00	64%
Needham	May 1, 2026	Maintains	Buy	$255.00 → $230.00	40%
DA Davidson	Apr 22, 2026	Maintains	Buy	$228.00	57%
Needham	Apr 6, 2026	Maintains	Buy	$255.00	40%
DA Davidson	Feb 10, 2026	Maintains	Buy	$228.00	57%

The case for and against

Updated Oct 14, 2026

Bull case

Broadridge Financial is viewed favorably because it keeps delivering revenue and adjusted EPS above Street expectations while raising FY26 guidance, supported by 93% of full-year proxy positions and a recurring revenue backlog that improves visibility. Its Investor Communications Solutions segment is growing strongly, with total revenue up 8.7% y/y and recurring revenue up 8% y/y, while equity position growth of 15%, mutual fund position growth of 6%, and internal trade growth of 16% point to healthy demand. The outlook is further reinforced by a moat-like proxy franchise, roughly 100% free cash flow conversion, and emerging tokenization opportunities across governance and wealth management, alongside solid GTO performance and shareholder-friendly capital returns.

Bear case

Broadridge Financial is viewed negatively because its near-term fundamentals are being pressured by slower closed sales, with FY26 expectations cut to $240-$290 million as larger, more complex deals take longer to convert despite a pipeline that is ~20% higher year over year. Although recurring revenue growth remains solid, the company posted a 90-basis-point decline in adjusted operating margins and free cash flow fell 19% to $272 million, signaling weaker profitability and cash generation from higher distribution revenues and lower interest rates. The outlook is further clouded by dependence on market participation, exposure to financial-services clients, and competitive and macro risks that could slow demand or increase expense pressure.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.