Broadridge Financial Solutions (BR) Stock Forecast, Price Target & Predictions
BR Stock Forecast
Broadridge Financial Solutions stock forecast is as follows: an average price target of $176.00 (represents a -16.05% downside from BR’s last price of $209.64) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
BR Price Target
The average price target for Broadridge Financial Solutions (BR) is $176.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $160.00. This represents a potential -16.05% downside from BR's last price of $209.64.
BR Analyst Ratings
According to 6 Wall Street analysts, Broadridge Financial Solutions's rating consensus is 'Buy'. The analyst rating breakdown for BR stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Broadridge Financial Solutions Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 14, 2024 | Peter Heckman | D.A. Davidson | $185.00 | $199.87 | -7.44% | -11.75% |
| Feb 03, 2023 | - | Raymond James | $183.00 | $153.29 | 19.38% | -12.71% |
| Dec 14, 2022 | - | Morgan Stanley | $160.00 | $144.33 | 10.85% | -23.68% |
The latest Broadridge Financial Solutions stock forecast, released on May 14, 2024 by Peter Heckman from D.A. Davidson, set a price target of $185.00, which represents a -7.44% decrease from the stock price at the time of the forecast ($199.87), and a -11.75% decrease from BR last price ($209.64).
Broadridge Financial Solutions Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $185.00 |
| Last Closing Price | $209.64 | $209.64 | $209.64 |
| Upside/Downside | -100.00% | -100.00% | -11.75% |
In the current month, the average price target of Broadridge Financial Solutions stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Broadridge Financial Solutions's last price of $209.64. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | RBC Capital | Neutral | Neutral | Hold |
| Jun 11, 2024 | D.A. Davidson | Neutral | Neutral | Hold |
| Dec 05, 2023 | Evercore ISI | Outperform | Outperform | Hold |
| Apr 24, 2023 | RBC Capital | - | Outperform | Initialise |
| Feb 03, 2023 | Raymond James | Outperform | Outperform | Hold |
| Dec 14, 2022 | Morgan Stanley | - | Equal-Weight | Initialise |
| Nov 03, 2022 | Raymond James | Outperform | Outperform | Hold |
| Apr 26, 2022 | Zacks Investment Research | - | Buy | Upgrade |
Broadridge Financial Solutions's last stock rating was published by RBC Capital on Aug 07, 2024. The company gave BR a "Neutral" rating, the same as its previous rate.
Broadridge Financial Solutions Financial Forecast
Broadridge Financial Solutions Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.41B | $1.43B | $1.84B | $1.65B | $1.29B | $1.28B | $1.72B | $1.53B | $1.26B | $1.19B | $1.53B | $1.39B | $1.05B | $1.02B | $1.36B |
| Avg Forecast | $2.61B | $2.55B | $2.50B | $1.68B | $1.66B | $2.20B | $1.95B | $1.60B | $1.57B | $2.09B | $1.85B | $1.53B | $1.48B | $1.96B | $1.77B | $1.40B | $1.39B | $1.87B | $1.65B | $1.35B | $1.26B | $1.66B | $1.54B | $1.20B | $1.15B | $1.48B | $1.28B | $1.02B | $971.21M | $1.32B |
| High Forecast | $2.61B | $2.55B | $2.50B | $1.68B | $1.66B | $2.20B | $1.95B | $1.60B | $1.57B | $2.09B | $1.85B | $1.53B | $1.50B | $1.96B | $1.77B | $1.41B | $1.42B | $1.87B | $1.65B | $1.35B | $1.26B | $1.66B | $1.54B | $1.20B | $1.15B | $1.48B | $1.28B | $1.02B | $971.21M | $1.32B |
| Low Forecast | $2.61B | $2.55B | $2.50B | $1.68B | $1.66B | $2.20B | $1.95B | $1.60B | $1.57B | $2.09B | $1.85B | $1.53B | $1.46B | $1.96B | $1.77B | $1.40B | $1.37B | $1.87B | $1.65B | $1.35B | $1.26B | $1.66B | $1.54B | $1.20B | $1.15B | $1.48B | $1.28B | $1.02B | $971.21M | $1.32B |
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 0.98% | 1.00% | 0.96% | 1.02% | 1.04% | 1.00% | 1.05% | 1.04% | 1.04% | 1.08% | 1.04% | 1.05% | 1.03% |
Broadridge Financial Solutions's average Quarter revenue forecast for Mar 24 based on 2 analysts is $1.77B, with a low forecast of $1.77B, and a high forecast of $1.77B. BR's average Quarter revenue forecast represents a 25.74% increase compared to the company's last Quarter revenue of $1.41B (Dec 23).
Broadridge Financial Solutions EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $124.40M | $148.40M | $525.80M | $363.10M | $106.00M | $160.00M | $339.50M | $325.70M | $157.90M | $190.30M | $431.40M | $277.10M | $130.00M | $136.30M | $360.20M |
| Avg Forecast | $527.93M | $516.06M | $504.45M | $338.45M | $334.96M | $443.77M | $393.73M | $322.38M | $317.64M | $421.22M | $374.11M | $309.20M | $299.71M | $396.15M | $361.00M | $283.29M | $280.39M | $378.75M | $328.18M | $173.69M | $254.85M | $335.78M | $298.34M | $242.02M | $231.97M | $298.47M | $263.90M | $205.65M | $196.20M | $266.42M |
| High Forecast | $527.93M | $516.06M | $504.45M | $338.45M | $334.96M | $443.77M | $393.73M | $322.38M | $317.64M | $421.22M | $374.11M | $309.20M | $303.76M | $396.15M | $433.20M | $285.33M | $286.06M | $378.75M | $393.82M | $208.43M | $254.85M | $335.78M | $358.01M | $242.02M | $231.97M | $298.47M | $316.69M | $205.65M | $196.20M | $266.42M |
| Low Forecast | $527.93M | $516.06M | $504.45M | $338.45M | $334.96M | $443.77M | $393.73M | $322.38M | $317.64M | $421.22M | $374.11M | $309.20M | $295.66M | $396.15M | $288.80M | $283.29M | $276.99M | $378.75M | $262.54M | $138.95M | $254.85M | $335.78M | $238.68M | $242.02M | $231.97M | $298.47M | $211.12M | $205.65M | $196.20M | $266.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.44% | 0.53% | 1.39% | 1.11% | 0.61% | 0.63% | 1.01% | 1.09% | 0.65% | 0.82% | 1.45% | 1.05% | 0.63% | 0.69% | 1.35% |
2 analysts predict BR's average Quarter EBITDA for Mar 24 to be $361.00M, with a high of $433.20M and a low of $288.80M. This is 190.19% upper than Broadridge Financial Solutions's previous annual EBITDA (Dec 23) of $124.40M.
Broadridge Financial Solutions Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $70.30M | $90.90M | $324.10M | $198.50M | $57.50M | $50.40M | $248.10M | $176.60M | $47.20M | $67.20M | $260.40M | $165.00M | $56.30M | $65.80M | $229.70M |
| Avg Forecast | $330.66M | $538.01M | $353.64M | $169.05M | $157.54M | $490.23M | $326.90M | $160.72M | $134.37M | $446.46M | $302.89M | $145.08M | $115.20M | $414.06M | $195.68M | $105.98M | $114.67M | $368.23M | $177.89M | $51.92M | $103.90M | $311.23M | $161.72M | $97.84M | $115.48M | $260.35M | $157.14M | $83.68M | $74.78M | $248.23M |
| High Forecast | $330.66M | $538.01M | $353.64M | $169.05M | $157.54M | $490.23M | $326.90M | $160.72M | $134.37M | $446.46M | $302.89M | $145.08M | $124.42M | $414.08M | $234.81M | $109.60M | $118.22M | $368.23M | $213.47M | $62.30M | $103.90M | $311.23M | $194.06M | $97.84M | $115.48M | $260.35M | $188.57M | $83.68M | $74.78M | $248.23M |
| Low Forecast | $330.66M | $538.01M | $353.64M | $169.05M | $157.54M | $490.23M | $326.90M | $160.72M | $134.37M | $446.46M | $302.89M | $145.08M | $105.98M | $414.04M | $156.54M | $101.17M | $104.03M | $368.23M | $142.31M | $41.54M | $103.90M | $311.23M | $129.37M | $97.84M | $115.48M | $260.35M | $125.71M | $83.68M | $74.78M | $248.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 0.79% | 0.88% | 1.12% | 1.11% | 0.49% | 0.80% | 1.09% | 0.48% | 0.58% | 1.00% | 1.05% | 0.67% | 0.88% | 0.93% |
Broadridge Financial Solutions's average Quarter net income forecast for Mar 24 is $195.68M, with a range of $156.54M to $234.81M. BR's average Quarter net income forecast represents a 178.35% increase compared to the company's last Quarter net income of $70.30M (Dec 23).
Broadridge Financial Solutions SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $223.40M | $207.30M | $225.70M | $221.20M | $196.80M | $205.30M | $234.30M | $210.10M | $212.30M | $175.50M | $233.50M | $190.00M | $169.00M | $151.70M | $178.90M |
| Avg Forecast | $370.76M | $362.42M | $354.27M | $237.69M | $235.24M | $311.65M | $276.51M | $226.40M | $223.07M | $295.82M | $262.74M | $217.15M | $210.48M | $278.21M | $232.80M | $198.95M | $196.91M | $265.99M | $211.63M | $233.53M | $178.98M | $235.81M | $192.39M | $169.97M | $162.91M | $209.62M | $180.95M | $144.43M | $137.79M | $187.10M |
| High Forecast | $370.76M | $362.42M | $354.27M | $237.69M | $235.24M | $311.65M | $276.51M | $226.40M | $223.07M | $295.82M | $262.74M | $217.15M | $213.33M | $278.21M | $279.36M | $200.38M | $200.89M | $265.99M | $253.96M | $280.24M | $178.98M | $235.81M | $230.87M | $169.97M | $162.91M | $209.62M | $217.14M | $144.43M | $137.79M | $187.10M |
| Low Forecast | $370.76M | $362.42M | $354.27M | $237.69M | $235.24M | $311.65M | $276.51M | $226.40M | $223.07M | $295.82M | $262.74M | $217.15M | $207.64M | $278.21M | $186.24M | $198.95M | $194.52M | $265.99M | $169.31M | $186.82M | $178.98M | $235.81M | $153.92M | $169.97M | $162.91M | $209.62M | $144.76M | $144.43M | $137.79M | $187.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.05% | 0.85% | 1.05% | 0.84% | 1.15% | 0.99% | 1.09% | 1.25% | 1.08% | 1.11% | 1.05% | 1.17% | 1.10% | 0.96% |
Broadridge Financial Solutions's average Quarter SG&A projection for Mar 24 is $232.80M, based on 2 Wall Street analysts, with a range of $186.24M to $279.36M. The forecast indicates a 4.21% rise compared to BR last annual SG&A of $223.40M (Dec 23).
Broadridge Financial Solutions EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 5 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.60 | $0.77 | $2.75 | $1.69 | $0.49 | $0.43 | $2.12 | $1.51 | $0.40 | $0.58 | $2.24 | $1.42 | $0.49 | $0.57 | $2.00 |
| Avg Forecast | $2.79 | $4.53 | $2.98 | $1.42 | $1.33 | $4.13 | $2.75 | $1.35 | $1.13 | $3.76 | $2.55 | $1.22 | $0.97 | $3.49 | $2.24 | $0.89 | $0.97 | $3.10 | $2.02 | $0.90 | $0.88 | $2.62 | $1.78 | $0.82 | $0.97 | $2.19 | $1.67 | $0.70 | $0.63 | $2.09 |
| High Forecast | $2.79 | $4.53 | $2.98 | $1.42 | $1.33 | $4.13 | $2.75 | $1.35 | $1.13 | $3.76 | $2.55 | $1.22 | $1.05 | $3.49 | $2.24 | $0.92 | $1.00 | $3.10 | $2.02 | $0.90 | $0.88 | $2.62 | $1.78 | $0.82 | $0.97 | $2.19 | $1.67 | $0.70 | $0.63 | $2.09 |
| Low Forecast | $2.79 | $4.53 | $2.98 | $1.42 | $1.33 | $4.13 | $2.75 | $1.35 | $1.13 | $3.76 | $2.55 | $1.22 | $0.89 | $3.49 | $2.24 | $0.85 | $0.88 | $3.10 | $2.02 | $0.90 | $0.88 | $2.62 | $1.78 | $0.82 | $0.97 | $2.19 | $1.67 | $0.70 | $0.63 | $2.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.80% | 0.89% | 0.83% | 0.54% | 0.49% | 0.81% | 0.85% | 0.49% | 0.60% | 1.02% | 0.85% | 0.70% | 0.90% | 0.96% |
According to 2 Wall Street analysts, Broadridge Financial Solutions's projected average Quarter EPS for Mar 24 is $2.24, with a low estimate of $2.24 and a high estimate of $2.24. This represents a 272.62% increase compared to BR previous annual EPS of $0.60 (Dec 23).
Broadridge Financial Solutions Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLVT | Clarivate | $6.45 | $14.33 | 122.17% | Buy |
| WNS | WNS | $47.72 | $72.86 | 52.68% | Buy |
| CDW | CDW | $191.10 | $232.80 | 21.82% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| FIS | Fidelity National Information Services | $89.70 | $101.36 | 13.00% | Buy |
| G | Genpact | $38.78 | $42.25 | 8.95% | Hold |
| ASGN | ASGN | $91.43 | $99.00 | 8.28% | Hold |
| PRFT | Perficient | $75.96 | $81.00 | 6.64% | Hold |
| JKHY | Jack Henry & Associates | $184.32 | $191.80 | 4.06% | Buy |
| INFY | Infosys | $20.72 | $20.58 | -0.68% | Hold |
| PSN | Parsons | $109.61 | $103.83 | -5.27% | Buy |
| IT | Gartner | $505.06 | $450.00 | -10.90% | Hold |
| CACI | CACI | $553.27 | $491.11 | -11.24% | Buy |
| SAIC | Science Applications | $146.14 | $124.30 | -14.94% | Buy |
| LDOS | Leidos | $186.32 | $156.64 | -15.93% | Buy |
| BR | Broadridge Financial Solutions | $209.64 | $176.00 | -16.05% | Buy |
| EXLS | ExlService | $42.12 | $32.64 | -22.51% | Buy |
BR Forecast FAQ
Is Broadridge Financial Solutions a good buy?
Yes, according to 6 Wall Street analysts, Broadridge Financial Solutions (BR) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of BR's total ratings.
What is BR's price target?
Broadridge Financial Solutions (BR) average price target is $176 with a range of $160 to $185, implying a -16.05% from its last price of $209.64. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Broadridge Financial Solutions stock go up soon?
According to Wall Street analysts' prediction for BR stock, the company can go down by -16.05% (from the last price of $209.64 to the average price target of $176), down by -11.75% based on the highest stock price target, and down by -23.68% based on the lowest stock price target.
Can Broadridge Financial Solutions stock reach $300?
BR's average twelve months analyst stock price target of $176 does not support the claim that Broadridge Financial Solutions can reach $300 in the near future.
What are Broadridge Financial Solutions's analysts' financial forecasts?
Broadridge Financial Solutions's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $7.31B (high $7.31B, low $7.31B), average EBITDA is $1.48B (high $1.48B, low $1.48B), average net income is $1.11B (high $1.11B, low $1.11B), average SG&A $1.04B (high $1.04B, low $1.04B), and average EPS is $9.37 (high $9.37, low $9.37). BR's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $8.39B (high $8.39B, low $8.39B), average EBITDA is $1.69B (high $1.69B, low $1.69B), average net income is $1.22B (high $1.22B, low $1.22B), average SG&A $1.19B (high $1.19B, low $1.19B), and average EPS is $10.26 (high $10.26, low $10.26).
Did the BR's actual financial results beat the analysts' financial forecasts?
Based on Broadridge Financial Solutions's last annual report (Jun 2022), the company's revenue was $5.71B, beating the average analysts forecast of $5.55B by 2.94%. Apple's EBITDA was $1.09B, missing the average prediction of $1.11B by -1.68%. The company's net income was $539.1M, missing the average estimation of $686.27M by -21.45%. Apple's SG&A was $832.3M, beating the average forecast of $761.09M by 9.36%. Lastly, the company's EPS was $4.62, missing the average prediction of $6.2 by -25.51%. In terms of the last quarterly report (Dec 2023), Broadridge Financial Solutions's revenue was $1.4B, beating the average analysts' forecast of $1.4B by 0.19%. The company's EBITDA was $124.4M, missing the average prediction of $283.29M by -56.09%. Broadridge Financial Solutions's net income was $70.3M, missing the average estimation of $105.98M by -33.67%. The company's SG&A was $223.4M, beating the average forecast of $198.95M by 12.29%. Lastly, the company's EPS was $0.6, missing the average prediction of $0.893 by -32.80%