Broadridge Financial Solutions (NYSE:BR) Price Target Cut to $230.00 by Analysts at Needham & Company LLC

Broadridge Financial Solutions (NYSE:BR) had its price objective cut by stock analysts at Needham & Company LLC from $255.00 to $230.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 49.04% from the stock’s current price.

BR has been the subject of several other research reports. Weiss Ratings cut Broadridge Financial Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. DA Davidson restated a “buy” rating and issued a $228.00 price objective on shares of Broadridge Financial Solutions in a report on Wednesday, April 22nd. Raymond James Financial restated an “outperform” rating and issued a $257.00 price objective on shares of Broadridge Financial Solutions in a report on Tuesday, February 3rd. JPMorgan Chase & Co. decreased their price objective on Broadridge Financial Solutions from $273.00 to $229.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. Finally, Wall Street Zen cut Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, February 7th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Broadridge Financial Solutions currently has a consensus rating of “Moderate Buy” and an average price target of $244.14.

Broadridge Financial Solutions Price Performance

BR stock opened at $154.32 on Friday. The stock has a 50-day moving average price of $169.22 and a two-hundred day moving average price of $200.50. The stock has a market cap of $18.02 billion, a PE ratio of 17.09 and a beta of 1.01. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.93. Broadridge Financial Solutions has a 1 year low of $149.05 and a 1 year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last released its earnings results on Thursday, April 30th. The business services provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.09. The firm had revenue of $1.95 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.44 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.410-9.580 EPS. Equities analysts forecast that Broadridge Financial Solutions will post 9.46 EPS for the current fiscal year.

Insider Transactions at Broadridge Financial Solutions

In other Broadridge Financial Solutions news, CEO Timothy C. Gokey purchased 5,300 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of $194.49 per share, for a total transaction of $1,030,797.00. Following the completion of the acquisition, the chief executive officer owned 142,876 shares of the company’s stock, valued at approximately $27,787,953.24. This trade represents a 3.85% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert N. Duelks sold 253 shares of Broadridge Financial Solutions stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.60, for a total value of $48,727.80. Following the transaction, the director owned 20,815 shares of the company’s stock, valued at $4,008,969. The trade was a 1.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Broadridge Financial Solutions

Several hedge funds have recently bought and sold shares of BR. Brighton Jones LLC acquired a new stake in Broadridge Financial Solutions during the fourth quarter worth approximately $580,000. Empowered Funds LLC lifted its position in Broadridge Financial Solutions by 41.5% during the first quarter. Empowered Funds LLC now owns 3,957 shares of the business services provider’s stock worth $959,000 after acquiring an additional 1,160 shares during the last quarter. Woodline Partners LP lifted its position in Broadridge Financial Solutions by 6.9% during the first quarter. Woodline Partners LP now owns 9,886 shares of the business services provider’s stock worth $2,397,000 after acquiring an additional 635 shares during the last quarter. Acadian Asset Management LLC lifted its position in Broadridge Financial Solutions by 480.8% during the first quarter. Acadian Asset Management LLC now owns 2,544 shares of the business services provider’s stock worth $616,000 after acquiring an additional 2,106 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Broadridge Financial Solutions by 8.5% during the second quarter. Cerity Partners LLC now owns 25,523 shares of the business services provider’s stock worth $6,203,000 after acquiring an additional 2,004 shares during the last quarter. 90.03% of the stock is currently owned by institutional investors and hedge funds.

Broadridge Financial Solutions News Summary

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q3 results beat expectations: Broadridge reported adjusted EPS of $2.72 and revenue of $1.95B (up 8% y/y), driven by recurring revenue growth and higher trading volumes; management raised FY’26 recurring revenue and adjusted EPS growth targets — this drove investor confidence. Broadridge Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Street confirmations of the beat: multiple outlets highlight the earnings/revenue beat and the EPS raise, reinforcing the upside to estimates and supporting multiple re-ratings. Broadridge Q3 Earnings & Revenues Beat Estimates, Increase Y/Y
• Positive Sentiment: Strategic acquisition: Broadridge closed its purchase of CQG, adding execution management, algo trading and market connectivity for futures/options — this expands addressable market and cross-sells into its order management/client connectivity platform. Broadridge Completes Acquisition of CQG, Unlocking Globally Connected, Multi-Asset Trading Solutions
• Neutral Sentiment: FY’26 EPS guidance set at $9.41–$9.58 (consensus ~9.48) — guidance is essentially in line with Street estimates but tightness of the range leaves limited upside absent stronger execution. Q3 Slide Deck / Guidance
• Negative Sentiment: Closed sales weakness: quarterly closed sales declined ~19% (and are down ~16% YTD), and adjusted operating margin ticked down — if sustained, slower new-sales momentum and margin pressure could limit longer-term upside. Broadridge Reports Third Quarter Fiscal 2026 Results

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.