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Broadridge Financial Solutions, Inc.'s published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $18.7B | |
|---|---|---|
| Revenue (ttm) | 7.5B | |
| Net income (ttm) | 1.1B | |
| EPS (ttm) | $9.60 | |
| Shares out | 112.9M | |
| P/E (trailing) | 18.4x | |
| P/E (forward) | 15.5x | |
| Dividend | $4.36 (2.47%) | |
| Volume | 542,210 | |
| Beta | 0.93 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 | 2026-06-30 | Trend |
| Revenue | $5.71B | $6.06B | $6.51B | $6.89B | $7.48B | +7.0% |
| Gross profit | $1.59B | $1.79B | $1.93B | $2.14B | $2.38B | +10.5% |
| Operating income | $759.9M | $936.4M | $1.02B | $1.19B | $1.30B | +14.4% |
| Net income | $539.1M | $630.6M | $698.1M | $839.5M | $1.12B | +20.2% |
| EPS (diluted) | $4.55 | $5.30 | $5.86 | $7.10 | $9.60 | +20.5% |
| EBITDA | $1.22B | $1.36B | $1.51B | $1.69B | $1.64B | +7.6% |
| R&D | — | — | — | — | — | — |
| SG&A | $832.3M | $849.0M | $916.8M | $948.2M | $1.08B | +6.6% |
Recent company headlines from major financial publishers.
Under the modal Base case path, which carries a probability of 65.0%, Broadridge achieves our Fair value target of $184.36, delivering an implied return of 11.4% from $165.45 (as of 2026-10-09). In this scenario, recurring revenue compounds in line with management guidance at mid-single-digit rates, supported by the scheduled onboarding of the contracted sales backlog and steady retail investor account creation. Operating margins expand toward guided levels as electronic proxy notifications reduce distribution processing overhead,. Free cash flow conversion remains comfortably above reported net income, funding steady dividend increases and systematic share repurchases that retire outstanding shares annually. This case would be disconfirmed if organic recurring revenue growth falls below guided ranges for two consecutive quarters.
In the upside Bull case path, which carries an assigned probability of 15.0%, Broadridge achieves our Potential value target of $213.80, generating an implied return of 29.2% from $165.45 (as of 2026-10-09). This path reflects accelerated institutional adoption of Distributed Ledger Repo and broad multi-asset connectivity through DLX,. GTO revenue accelerates to double-digit recurring growth as tier-one global banks standardize post-trade workflows on Broadridge infrastructure. Concurrently, rapid transition to digital default proxy delivery eliminates physical handling costs, lifting operating margins beyond guided levels. Investors would confirm this path through accelerated closed sales bookings and recurring revenue outperformance in upcoming earnings releases.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 8.1% | $197 | $200 | $203 | $207 | $211 |
| 8.6% | $188 | $190 | $193 | $196 | $200 |
| 9.1% | $180 | $182 | $184 | $187 | $190 |
| 9.6% | $173 | $175 | $177 | $179 | $181 |
| 10.1% | $167 | $168 | $170 | $172 | $174 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
