Analyst Consensus ?
ConsensusBuy24 ratings
Bullish1562.5%
Neutral937.5%
Bearish00.0%
Broadridge Financial Solutions, Inc. · BR · FY2025 Q3 · Calendar Q2 2025
Broadridge maintains guidance as recurring growth and AI investments continue
The quarter supports a constructive but conditional view: recurring revenue, retention, position growth, and a growing AI and wealth-platform portfolio provide operating support, while sales-cycle timing, FX, and investment spending remain important checks on execution.
Reported Before market openNYSETechnology
$18.15B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $2.39
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus —
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-5.9%
Event window
SPY move
+0.7%
Same window
Abnormal move
-6.6%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
+6.5%
Up to 20 sessions
BRSPY benchmark
Ask FN2 about BR FY2025 Q3
Transcript, numbers and history already loaded
What drove BR's -5.9% move after FY2025 Q3 earnings?What changed in BR's guidance and outlook in FY2025 Q3?Give me the bull and bear case for BR after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, management continued to report strong recurring demand and maintained guidance, while emphasizing faster equity-position growth and scaling AI analytics and Distributed Ledger Repo. The main incremental caution was elongated sales-cycle timing amid market volatility.
Guidance delta
Management maintained FY2025 guidance for 6%-8% constant-currency revenue growth and mid-range EPS growth.
Key takeaways
- Recurring revenue grew 8% year over year, with 94% fee-based revenue and 98% revenue retention.
- Equity position growth accelerated to 15% year over year, led by managed accounts and direct indexing.
- Management highlighted AI-enabled analytics, Distributed Ledger Repo, and the next-generation wealth platform as growth engines.
- The sales pipeline remains deep, although market volatility has lengthened closing timelines.
Management priorities
- Expand the next-generation wealth platform across U.S. and Canadian clients.
- Increase adoption of Distributed Ledger Repo and explore real-time settlement extensions.
- Broaden AI-enabled data analytics among asset managers.
- Continue shifting legacy license models toward SaaS subscriptions.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$156.93Current
$165Low
$208.18Average
$257High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 4, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Aug 31, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Aug 6, 2026 |
| DA Davidson | Buy | Buy | Maintain | May 5, 2026 |
| UBS | Neutral | Neutral | Maintain | May 4, 2026 |
| Needham | Buy | Buy | Maintain | May 1, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Feb 4, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Mar 26, 2024 |
| Raymond James | Outperform | Outperform | Maintain | Feb 2, 2024 |
| Wolfe Research | Peer Perform | Underperform | Upgrade | Oct 17, 2023 |
| BTIG | Buy | Neutral | Upgrade | Feb 3, 2021 |
| Truist Securities | Buy | Buy | Maintain | Dec 18, 2020 |
| Rosenblatt | Neutral | Neutral | Maintain | Aug 12, 2020 |
| BTIG Research | Buy | Buy | Maintain | Feb 26, 2020 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | Jul 22, 2019 |
| Barclays | Equal Weight | Equal Weight | Maintain | Feb 9, 2018 |
| Sandler O'Neill | Hold | Buy | Downgrade | Sep 29, 2016 |
| Piper Sandler | Hold | Buy | Downgrade | Sep 29, 2016 |
| Atlantic Equities | Overweight | Overweight | Maintain | Sep 13, 2016 |
| Avondale Partners | Market Perform | Market Outperform | Downgrade | Jun 15, 2016 |
| Stifel Nicolaus | Buy | Hold | Upgrade | Feb 6, 2015 |
| Stifel | Buy | Hold | Upgrade | Feb 6, 2015 |
| Credit Suisse | Outperform | Neutral | Upgrade | Jan 29, 2015 |
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Nov 7, 2014 |
| Keefe Bruyette & Woods | Outperform | Outperform | Maintain | Nov 7, 2014 |
Named analyst price targets
Upside is calculated against the persisted current price $156.93. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Daniel Perlin | $226 | $183.64 | +44.0% | Aug 31, 2026 |
| UBS | Alex Kramm | $180 | $169.66 | +14.7% | Aug 17, 2026 |
| Morgan Stanley | Analyst unavailable | $176 | $162.82 | +12.2% | Aug 6, 2026 |
| RBC Capital | Analyst unavailable | $225 | $168.41 | +43.4% | Aug 5, 2026 |
| RBC Capital | Daniel Perlin | $200 | $134.56 | +27.4% | Jun 22, 2026 |
| Morgan Stanley | James Faucette | $169 | $149.5 | +7.7% | May 10, 2026 |
| D.A. Davidson | Analyst unavailable | $214 | $151.91 | +36.4% | May 5, 2026 |
| UBS | Analyst unavailable | $165 | $151.58 | +5.1% | May 4, 2026 |
| RBC Capital | Daniel Perlin | $245 | $190.43 | +56.1% | Feb 4, 2026 |
| Morgan Stanley | James Faucette | $213 | $185.95 | +35.7% | Feb 4, 2026 |
| Needham | Analyst unavailable | $255 | $185.95 | +62.5% | Feb 4, 2026 |
| Raymond James | Patrick O\'Shaughnessy | $257 | $185.12 | +63.8% | Feb 3, 2026 |
| D.A. Davidson | Analyst unavailable | $228 | $206.68 | +45.3% | Jan 23, 2026 |
| D.A. Davidson | Peter Heckman | $240 | $231.58 | +52.9% | Oct 28, 2025 |
| UBS | Alex Kramm | $250 | $214.47 | +59.3% | Nov 21, 2024 |
| D.A. Davidson | Peter Heckman | $210 | $218.3 | +33.8% | Nov 5, 2024 |
| D.A. Davidson | Peter Heckman | $185 | $199.87 | +17.9% | May 14, 2024 |
| Raymond James | Analyst unavailable | $183 | $153.29 | +16.6% | Feb 3, 2023 |
| Morgan Stanley | Analyst unavailable | $160 | $144.33 | +2.0% | Dec 14, 2022 |
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Start freeCompany context
Snapshot as of publicationBroadridge Financial Solutions, Inc. delivers specialized technology and communication services designed for the financial sector. Its Investor Communication Solutions division is responsible for processing and disseminating proxy materials for equity securities and mutual funds, streamlining associated voting procedures. Furthermore, it circulates vital regulatory disclosures, details on class actions and corporate reorganizations, and comprehensive tax reporting services. Notable offerings include ProxyEdge, an electronic proxy delivery and voting system. The company also provides data-centric solutions and a holistic platform for content creation, management, and multi-channel delivery of regulatory, marketing, and transactional content, alongside mutual fund transaction processing and advanced data analysis tools. This segment offers tailored services for public companies and investment funds, encompassing support for SEC filings and capital market transactions, registrar functions, stock transfer, and meticulous record-keeping.…
Historical context
All BR earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ACN Accenture plc | FY2026 Q4 · Calendar Q4 2026 | +3.5% | +15.8% | Accenture: AI demand supports strong Q4, while pricing and geopolitics remain risks |
| JBL Jabil Inc. | FY2026 Q4 · Calendar Q3 2026 | +8.1% | -10.0% | Jabil enters FY2027 with AI-led growth and capacity risks |
| MU Micron Technology, Inc. | FY2026 Q4 · Calendar Q3 2026 | +5.4% | +0.0% | Micron: Strong AI Memory Demand, Higher Capex, and HBM4E Ahead |
| SNX TD Synnex Corp | FY2026 Q3 · Calendar Q3 2026 | +20.9% | -9.9% | TD SYNNEX: AI-led growth accelerates, but mix and cash flow matter |
| ADBE Adobe Inc. | FY2026 Q3 · Calendar Q3 2026 | +0.8% | +1.4% | Adobe raises FY26 outlook as AI strategy broadens |
| ORCL Oracle Corporation | FY2027 Q1 · Calendar Q3 2026 | +10.3% | -1.7% | Oracle raises FY27 outlook as AI demand accelerates cloud growth |
Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the BR recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-04-22T22:41:37.522477+00:00
- Polygon adjusted daily market bars · 2026-10-04T05:00:41.265864+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-04T05:00:41.263090+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-04. For educational purposes only; not investment advice.