Analyst Consensus ?
ConsensusBuy24 ratings
Bullish1562.5%
Neutral937.5%
Bearish00.0%
Broadridge Financial Solutions, Inc. · BR · FY2026 Q1 · Calendar Q4 2025
Broadridge raises recurring-revenue outlook as tokenization gains traction
Broadridge's current results support a constructive operating thesis: recurring revenue, acquisitions, and tokenization are contributing to growth, while management raised the recurring-revenue outlook. The durability of digital-asset revenue and the normalization of event-driven revenue remain key tests.
Reported Before market openNYSETechnology
$18.84B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.51
Consensus $1.25
EPS surprise
+20.8%
Reported versus consensus
Reported revenue
$1.59B
Consensus $1.54B
Revenue surprise
+3.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+0.8%
Event window
SPY move
-1.2%
Same window
Abnormal move
+1.9%
Stock minus SPY
Volume
1.6×
Versus trailing sessions
Subsequent drift
+3.4%
Up to 20 sessions
BRSPY benchmark
Ask FN2 about BR FY2026 Q1
Transcript, numbers and history already loaded
Why did BR rise 0.8% after beating EPS estimates in FY2026 Q1?What changed in BR's guidance and outlook in FY2026 Q1?Give me the bull and bear case for BR after FY2026 Q1 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management described strong recurring-revenue and adjusted-EPS growth, raised the recurring-revenue outlook to the high end of its range, and emphasized that tokenization and digital-asset services are becoming material contributors. It also highlighted recent acquisitions and a pending Acolin transaction.
Guidance delta
Management raised its recurring-revenue outlook to the high end of the 5–7% range and reaffirmed 8–12% EPS growth guidance.
Key takeaways
- Management reported 8% constant-currency recurring-revenue growth and 51% adjusted EPS growth.
- Tokenization and digital-asset initiatives are becoming material revenue contributors.
- Signal, iJoin, and SIS integration are supporting product expansion while Acolin remains pending regulatory approval.
- Event-driven revenue is expected to normalize, creating a comparison and earnings-timing consideration.
Management priorities
- Expand tokenization across asset classes, including fixed income, repos, and stablecoins.
- Integrate digital-asset handling into the wealth-management platform by early next year.
- Develop governance and voting solutions for tokenized equities and broaden capital-markets offerings.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$160.95Current
$165Low
$208.18Average
$257High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 29, 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 $160.95. 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 | +40.4% | Aug 31, 2026 |
| UBS | Alex Kramm | $180 | $169.66 | +11.8% | Aug 17, 2026 |
| Morgan Stanley | Analyst unavailable | $176 | $162.82 | +9.4% | Aug 6, 2026 |
| RBC Capital | Analyst unavailable | $225 | $168.41 | +39.8% | Aug 5, 2026 |
| RBC Capital | Daniel Perlin | $200 | $134.56 | +24.3% | Jun 22, 2026 |
| Morgan Stanley | James Faucette | $169 | $149.5 | +5.0% | May 10, 2026 |
| D.A. Davidson | Analyst unavailable | $214 | $151.91 | +33.0% | May 5, 2026 |
| UBS | Analyst unavailable | $165 | $151.58 | +2.5% | May 4, 2026 |
| RBC Capital | Daniel Perlin | $245 | $190.43 | +52.2% | Feb 4, 2026 |
| Morgan Stanley | James Faucette | $213 | $185.95 | +32.3% | Feb 4, 2026 |
| Needham | Analyst unavailable | $255 | $185.95 | +58.4% | Feb 4, 2026 |
| Raymond James | Patrick O\'Shaughnessy | $257 | $185.12 | +59.7% | Feb 3, 2026 |
| D.A. Davidson | Analyst unavailable | $228 | $206.68 | +41.7% | Jan 23, 2026 |
| D.A. Davidson | Peter Heckman | $240 | $231.58 | +49.1% | Oct 28, 2025 |
| UBS | Alex Kramm | $250 | $214.47 | +55.3% | Nov 21, 2024 |
| D.A. Davidson | Peter Heckman | $210 | $218.3 | +30.5% | Nov 5, 2024 |
| D.A. Davidson | Peter Heckman | $185 | $199.87 | +14.9% | May 14, 2024 |
| Raymond James | Analyst unavailable | $183 | $153.29 | +13.7% | Feb 3, 2023 |
| Morgan Stanley | Analyst unavailable | $160 | $144.33 | -0.6% | 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 |
|---|---|---|---|---|
| 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 |
| SAIL SailPoint, Inc. | FY2027 Q2 · Calendar Q3 2026 | +13.8% | -1.2% | SailPoint pairs 25% ARR growth with accelerating AI-driven adoption |
| CIEN Ciena Corporation | FY2026 Q3 · Calendar Q3 2026 | +22.0% | -10.4% | Ciena raises outlook as AI networking demand lifts backlog |
| DOCU DocuSign, Inc. | FY2027 Q2 · Calendar Q3 2026 | +6.4% | +3.7% | DocuSign Q2 FY27: IAM momentum supports a raised outlook |
Latest beats and misses
Who reports nextBeat on EPS
- COSTFY2026 Q4 · September 24, 2026+3.2% EPS+2.9% move
- SNXFY2026 Q3 · September 24, 2026+20.9% EPS-9.9% move
- DRIFY2027 Q1 · September 24, 20260.0% EPS-3.0% move
- CTASFY2027 Q1 · September 23, 2026+3.0% EPS-3.4% move
- PAYXFY2027 Q1 · September 23, 2026+1.5% EPS-8.8% move
- GISFY2027 Q1 · September 23, 2026+4.6% EPS+1.0% move
Get the BR recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-09-29T18:31:02.124256+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-29T18:31:02.121300+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 2026-09-29. For educational purposes only; not investment advice.