Upside case
Bull case
$264+92.2%
BR would need investors to value it at roughly 28x earnings — about 13x more generous than today's 14x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Broadridge Financial Solutions, Inc. (BR) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
24
analysts
15 bullish · 0 bearish · 24 covering BR
Strong Buy
0
Buy
15
Hold
9
Sell
0
Strong Sell
0
Consensus Target
$218
+58.1% vs today
Scenario Range
$126 – $264
Model bear to bull value window
Coverage
24
Published analyst ratings
Valuation Context
14.4x
Forward P/E · Market cap $16.1B
BR price targets
Three scenarios for where BR stock could go
Current
~$138
Confidence
54 / 100
Updated
Jun 18, 2026
Where we are now
Current · $138
Bear
$126
Base
$201
Bull
$264
Market caseClosest to today
Base case
$201+45.8%
At 21x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$126-8.1%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push BR down roughly 8% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Broadridge Financial Solutions, Inc.
BR · NYSETechnologySoftware - ServicesJune year-end
Broadridge Financial Solutions is a financial technology company that provides investor communications and technology-driven solutions to the financial services industry. It generates revenue primarily from recurring fee-based services — including proxy processing, regulatory reporting, and securities processing — which account for the majority of its income. The company's competitive advantage lies in its entrenched position as a regulated utility-like provider with high switching costs and deep integration into the financial markets infrastructure.
Market Cap
$16.1B
Revenue TTM
$7.3B
Net Income TTM
$1.1B
Net Margin
15.0%
BR Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
92%Exceptional
12 quarters tracked
Revenue Beat Rate
58%Exceptional
vs consensus estimates
Avg EPS Surprise
+7.6%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$3.55/$3.50
Revenue
$2.1B/$2.1B
Q4 2025
EPS
$1.51/$1.25
Revenue
$1.6B/$1.5B
Q1 2026
EPS
$1.59/$1.34
Revenue
$1.7B/$1.6B
Q2 2026
EPS
$2.72/$2.60
Revenue
$2.0B/$1.9B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $3.55/$3.50 | +1.4% | $2.1B/$2.1B | +0.4% |
| Q4 2025 | $1.51/$1.25 | +20.8% | $1.6B/$1.5B | +3.1% |
| Q1 2026 | $1.59/$1.34 | +18.7% | $1.7B/$1.6B | +6.8% |
| Q2 2026 | $2.72/$2.60 | +4.6% | $2.0B/$1.9B | +2.6% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$7.8B
+5.9% YoY
FY2
$8.1B
+5.1% YoY
EPS Outlook
FY1
$9.57
+1.7% YoY
FY2
$9.83
+2.8% YoY
Trailing FCF (TTM)$1.3B
FCF Margin: 17.7%
Next Earnings
August 4, 2026
Expected EPS
$3.76
Expected Revenue
$2.2B
BR beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
BR Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $6.9B
Product Mix
Latest annual revenue by segment or product family
Recurring Fee Revenue
65.4%
+6.8% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
UNITED STATES
86.4%
+5.1% YoY
Tap, hover, or focus a slice to inspect segment detail.
Recurring Fee Revenue is the largest disclosed segment at 65.4% of FY 2025 revenue, up 6.8% YoY.
UNITED STATES is the largest reported region at 86.4%, up 5.1% YoY.
BR Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Fair versus peers
Fair value est. $138 — implies +0.1% from today's price.
Upside to Fair Value
0.1%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
BR
19.4x
vs
S&P 500
24.4x
21% discount
vs Technology Trailing P/E
BR
19.4x
vs
Technology
29.0x
33% discount
vs BR 5Y Avg P/E
Today
19.4x
vs
5Y Average
33.0x
41% discount
Forward PE
14.4x
S&P 500
18.8x
-23%
Technology
22.3x
-35%
5Y Avg
—
—
Trailing PE
19.4x
S&P 500
24.4x
-21%
Technology
29.0x
-33%
5Y Avg
33.0x
-41%
PEG Ratio
1.56x
S&P 500
1.66x
-6%
Technology
1.51x
+3%
5Y Avg
—
—
EV/EBITDA
11.2x
S&P 500
15.2x
-26%
Technology
16.6x
-32%
5Y Avg
18.6x
-40%
Price/FCF
15.2x
S&P 500
20.7x
-27%
Technology
19.2x
-21%
5Y Avg
31.9x
-52%
Price/Sales
2.3x
S&P 500
3.1x
-25%
Technology
2.4x
-4%
5Y Avg
3.6x
-34%
Dividend Yield
2.47%
S&P 500
1.91%
+29%
Technology
1.11%
+123%
5Y Avg
1.55%
+60%
| Metric | BR | S&P 500 | Technology | 5Y Avg BR |
|---|---|---|---|---|
| Forward PE | 14.4x | 18.8x-23% | 22.3x-35% | — |
| Trailing PE | 19.4x | 24.4x-21% | 29.0x-33% | 33.0x-41% |
| PEG Ratio | 1.56x | 1.66x | 1.51x | — |
| EV/EBITDA | 11.2x | 15.2x-26% | 16.6x-32% | 18.6x-40% |
| Price/FCF | 15.2x | 20.7x-27% | 19.2x-21% | 31.9x-52% |
| Price/Sales | 2.3x | 3.1x-25% | 2.4x | 3.6x-34% |
| Dividend Yield | 2.47% | 1.91% | 1.11% | 1.55% |
BR trades above S&P 500 benchmarks on 0 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolBR Financial Health
Verdict
Exceptional
BR generates $1.3B in free cash flow at a 17.7% margin — 16.2% ROIC signals a durable competitive advantage · returns 3.3% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$7.3B
Revenue Growth
TTM vs prior year
+8.2%
Gross Margin
Gross profit as a share of revenue
31.3%
Operating Margin
Operating income divided by revenue
17.1%
Net Margin
Net income divided by revenue
15.0%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$9.41
Free Cash Flow (TTM)
Cash generation after capex
$1.3B
FCF Margin
FCF as share of revenue — the primary cash quality signal
17.7%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
16.2%
ROA
Return on assets, trailing twelve months
12.8%
Cash & Equivalents
Liquid assets on the balance sheet
$562M
Net Debt
Total debt minus cash
$2.9B
Debt Serviceability
Net debt as a multiple of annual free cash flow
2.2× FCF
~2.2 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
40.1%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.3%
Dividend
2.5%
Buyback
0.8%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$135M
Dividend / Share
Annualized trailing dividend per share
$3.40
Payout Ratio
Share of earnings distributed as dividends
47.9%
Shares Outstanding
Declining as buybacks retire shares
117M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageBR Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Guidance reduction
Broadridge significantly lowered its fiscal year 2026 closed sales guidance, contributing to a 20% stock decline.
High Risk
Earnings disappointment
Shares fell 6.0% to a 52-week low post-Q2 earnings, despite CEO reiterating full-year guidance.
Medium
Recurring revenue risk
Investors remain skeptical despite management projecting 8% recurring revenue growth for the full year.
Medium
Market sentiment shift
The stock's underperformance reflects broader investor concerns beyond just guidance, as it hit a new 52-week low.
Lower
Disclosed risk factors
Broadridge disclosed 23 risk factors in its recent earnings report, indicating potential operational and financial challenges.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why BR Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Essential core processing
Broadridge's core processing services remain essential for banks, underpinning its stable revenue stream.
Near-monopoly in investor communications
The company holds a near-monopoly position in investor communications and trade processing, providing a competitive moat.
Bullish analyst coverage
Bullish theses from analysts highlight Broadridge's strong fundamentals and growth potential in the financial technology sector.
Structured investment case
Recent analyses present a structured investment case based on fundamentals, valuation multiples, and smart-money flows.
Technology sector positioning
Operating in the Information Technology Services sector, Broadridge benefits from long-term tech-driven financial trends.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
BR Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$137.60
52W Range Position
1%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$136.00
+1.2% from the low
52-Week High
$271.91
-49.4% from the high
1 Month
-8.64%
3 Month
-21.34%
YTD
-37.6%
1 Year
-42.1%
3Y CAGR
-4.7%
5Y CAGR
-2.8%
10Y CAGR
+8.0%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
BR vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
14.4x
vs 6.6x median
+120% above peer median
Revenue Growth
+5.9%
vs +7.4% median
-21% below peer median
Net Margin
15.0%
vs 15.2% median
-1% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
BR BR Broadridge Financial Solutions, Inc. | $16.1B | 14.4x | +5.9% | 15.0% | Buy | +58.1% |
FIS FIS Fidelity National Information Services, Inc. | $19.7B | 6.1x | +12.2% | 22.9% | Buy | +64.6% |
FIS FISV Fiserv, Inc. | $25.6B | 5.9x | +3.8% | 15.2% | Buy | +48.7% |
WEX WEX WEX Inc. | $4.4B | 6.6x | +6.9% | 11.5% | Hold | +37.3% |
DSP DSP Viant Technology Inc. | $738M | 33.6x | +14.3% | 2.5% | Buy | +37.9% |
ICE ICE Intercontinental Exchange, Inc. | $75.8B | 16.5x | +7.4% | 26.1% | Buy | +44.9% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
BR Dividend and Capital Return
BR returns 3.3% total yield, led by a 2.47% dividend, raised 19 consecutive years. Buybacks add another 0.8%.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.3%
Dividend + buyback return per year
Buyback Yield
0.8%
Dividend Yield
2.47%
Payout Ratio
47.9%
How BR Splits Its Return
Div 2.47%
Buyback 0.8%
Dividend 2.47%Buybacks 0.8%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$3.40
Growth Streak
Consecutive years of dividend increases
19Y
3Y Div CAGR
10.8%
5Y Div CAGR
10.7%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$135M
Estimated Shares Retired
980.4K
Approx. Share Reduction
0.8%
Shares Outstanding
Current diluted share count from the screening snapshot
117M
At 0.8%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $1.95 | — | — | — |
| 2025 | $3.71 | +10.4% | 0.5% | 1.9% |
| 2024 | $3.36 | +10.2% | 2.1% | 3.6% |
| 2023 | $3.05 | +11.7% | 0.1% | 1.8% |
| 2022 | $2.73 | +12.3% | 0.1% | 1.9% |
FAQ
7 questionsBR Investor Questions
Common questions answered from live analyst data and company financials.
01Is Broadridge Financial Solutions, Inc. (BR) stock a buy or sell in 2026?
Broadridge Financial Solutions, Inc. (BR) is rated Buy by Wall Street analysts as of 2026. Of 24 analysts covering the stock, 15 rate it Buy or Strong Buy, 9 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $218, implying +58.1% from the current price of $138. The bear case scenario is $126 and the bull case is $264.
02What is the BR stock price target for 2026?
The Wall Street consensus price target for BR is $218 based on 24 analyst estimates. The high-end target is $257 (+86.8% from today), and the low-end target is $165 (+19.9%). The base case model target is $201.
03Is Broadridge Financial Solutions, Inc. (BR) stock overvalued in 2026?
BR trades at 14.4x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals fair versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Broadridge Financial Solutions, Inc. (BR) stock in 2026?
The primary risks for BR in 2026 are: (1) Guidance reduction — Broadridge significantly lowered its fiscal year 2026 closed sales guidance, contributing to a 20% stock decline. (2) Earnings disappointment — Shares fell 6. (3) Recurring revenue risk — Investors remain skeptical despite management projecting 8% recurring revenue growth for the full year. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Broadridge Financial Solutions, Inc.'s revenue and earnings forecast?
Analyst consensus estimates BR will report consensus revenue of $7.8B (+5.9% year-over-year) and EPS of $9.57 (+1.7% year-over-year) for the upcoming fiscal year. The following year, analysts project $8.1B in revenue.
06When does Broadridge Financial Solutions, Inc. (BR) report its next earnings?
Broadridge Financial Solutions, Inc. is expected to report its next earnings on approximately 2026-08-04. Consensus expects EPS of $3.76 and revenue of $2.2B. Over recent quarters, BR has beaten EPS estimates 92% of the time.
07How much free cash flow does Broadridge Financial Solutions, Inc. generate?
Broadridge Financial Solutions, Inc. (BR) generated $1.3B in free cash flow over the trailing twelve months — a free cash flow margin of 17.7%. BR returns capital to shareholders through dividends (2.5% yield) and share repurchases ($135M TTM).