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 $184.33 (represents a -18.22% downside from BR’s last price of $225.39) 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 $184.33 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $210.00 to $160.00. This represents a potential -18.22% downside from BR's last price of $225.39.
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 |
|---|---|---|---|---|---|---|
| Nov 05, 2024 | Peter Heckman | D.A. Davidson | $210.00 | $218.30 | -3.80% | -6.83% |
| May 14, 2024 | Peter Heckman | D.A. Davidson | $185.00 | $199.87 | -7.44% | -17.92% |
| Feb 03, 2023 | - | Raymond James | $183.00 | $153.29 | 19.38% | -18.81% |
| Dec 14, 2022 | - | Morgan Stanley | $160.00 | $144.33 | 10.85% | -29.01% |
The latest Broadridge Financial Solutions stock forecast, released on Nov 05, 2024 by Peter Heckman from D.A. Davidson, set a price target of $210.00, which represents a -3.80% decrease from the stock price at the time of the forecast ($218.30), and a -6.83% decrease from BR last price ($225.39).
Broadridge Financial Solutions Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $210.00 | $210.00 | $197.50 |
| Last Closing Price | $225.39 | $225.39 | $225.39 |
| Upside/Downside | -6.83% | -6.83% | -12.37% |
In the current month, the average price target of Broadridge Financial Solutions stock is $210.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -6.83% decrease as opposed to Broadridge Financial Solutions's last price of $225.39. This month's average price target is down 0.00% compared to last quarter, and up 6.33% 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 | $1.87B | $2.31B | $2.06B | $1.69B | $1.61B | $2.21B | $1.95B | $1.62B | $1.53B | $2.09B | $1.85B | $1.56B | $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 | $1.89B | $2.35B | $2.08B | $1.71B | $1.63B | $2.24B | $1.98B | $1.64B | $1.55B | $2.12B | $1.87B | $1.59B | $1.49B | $1.99B | $1.77B | $1.41B | $1.42B | $1.90B | $1.67B | $1.36B | $1.26B | $1.66B | $1.54B | $1.20B | $1.15B | $1.48B | $1.28B | $1.02B | $971.21M | $1.32B |
| Low Forecast | $1.84B | $2.28B | $2.02B | $1.66B | $1.58B | $2.17B | $1.92B | $1.59B | $1.50B | $2.05B | $1.83B | $1.51B | $1.48B | $1.93B | $1.77B | $1.38B | $1.37B | $1.84B | $1.62B | $1.32B | $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 | 4 | 4 | 2 | 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 | 4 | 4 | 2 | 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 | $405.73M | $502.41M | $445.98M | $366.22M | $348.63M | $479.09M | $424.20M | $350.56M | $331.44M | $453.11M | $402.10M | $339.14M | $321.98M | $425.59M | $361.00M | $304.34M | $301.22M | $406.89M | $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 | $411.24M | $509.23M | $452.04M | $371.20M | $353.37M | $485.60M | $429.96M | $355.32M | $335.94M | $459.26M | $406.43M | $345.75M | $322.50M | $431.37M | $433.20M | $306.53M | $307.31M | $412.42M | $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 | $398.94M | $494.00M | $438.52M | $360.10M | $342.80M | $471.08M | $417.11M | $344.69M | $325.89M | $445.53M | $397.78M | $328.13M | $321.47M | $418.47M | $288.80M | $299.25M | $297.57M | $400.08M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.41% | 0.49% | 1.29% | 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 | 4 | 4 | 2 | 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 | $328.99M | $531.45M | $353.12M | $171.84M | $151.17M | $478.78M | $322.41M | $167.70M | $136.29M | $433.62M | $294.66M | $159.44M | $114.62M | $411.97M | $195.68M | $105.45M | $114.09M | $366.37M | $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 | $334.80M | $540.83M | $359.35M | $174.87M | $153.84M | $487.23M | $328.11M | $170.66M | $138.69M | $441.28M | $300.65M | $165.43M | $116.24M | $411.99M | $234.81M | $109.04M | $117.62M | $372.84M | $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 | $321.84M | $519.89M | $345.44M | $168.10M | $147.88M | $468.36M | $315.40M | $164.06M | $133.32M | $424.19M | $288.67M | $143.85M | $112.99M | $411.95M | $156.54M | $100.65M | $103.50M | $358.40M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.67% | 0.80% | 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 | 4 | 4 | 2 | 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 | $268.05M | $331.92M | $294.65M | $241.95M | $230.33M | $316.52M | $280.26M | $231.60M | $218.97M | $299.35M | $265.66M | $224.06M | $212.72M | $281.17M | $232.80M | $201.07M | $199.01M | $268.82M | $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 | $271.69M | $336.43M | $298.65M | $245.24M | $233.46M | $320.82M | $284.06M | $234.75M | $221.94M | $303.42M | $268.51M | $228.42M | $213.06M | $284.99M | $279.36M | $202.51M | $203.03M | $272.47M | $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 | $263.57M | $326.37M | $289.72M | $237.91M | $226.48M | $311.23M | $275.57M | $227.73M | $215.31M | $294.35M | $262.80M | $216.79M | $212.38M | $276.47M | $186.24M | $197.70M | $196.59M | $264.32M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.04% | 0.84% | 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 | 4 | 4 | 2 | 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 | $4.50 | $2.99 | $1.46 | $1.28 | $4.05 | $2.73 | $1.42 | $1.15 | $3.67 | $2.50 | $1.35 | $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 | $2.83 | $4.58 | $3.04 | $1.48 | $1.30 | $4.13 | $2.78 | $1.45 | $1.17 | $3.74 | $2.55 | $1.40 | $0.98 | $3.49 | $2.24 | $0.92 | $1.00 | $3.16 | $2.06 | $0.92 | $0.88 | $2.62 | $1.78 | $0.82 | $0.97 | $2.19 | $1.67 | $0.70 | $0.63 | $2.09 |
| Low Forecast | $2.73 | $4.40 | $2.92 | $1.42 | $1.25 | $3.97 | $2.67 | $1.39 | $1.13 | $3.59 | $2.44 | $1.22 | $0.96 | $3.49 | $2.24 | $0.85 | $0.88 | $3.03 | $1.98 | $0.88 | $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 | $5.09 | $14.33 | 181.53% | Buy |
| WNS | WNS | $50.86 | $72.86 | 43.26% | Buy |
| CDW | CDW | $175.99 | $232.80 | 32.28% | Buy |
| FIS | Fidelity National Information Services | $85.90 | $101.73 | 18.43% | Buy |
| FISV | Fiserv | $114.23 | $133.11 | 16.53% | Buy |
| ASGN | ASGN | $85.08 | $99.00 | 16.36% | Hold |
| JKHY | Jack Henry & Associates | $171.12 | $191.80 | 12.09% | Buy |
| PSN | Parsons | $95.30 | $103.83 | 8.95% | Buy |
| CACI | CACI | $454.90 | $492.78 | 8.33% | Buy |
| PRFT | Perficient | $75.96 | $81.00 | 6.64% | Hold |
| SAIC | Science Applications | $123.05 | $124.30 | 1.02% | Buy |
| LDOS | Leidos | $162.15 | $156.64 | -3.40% | Buy |
| G | Genpact | $44.64 | $42.80 | -4.12% | Hold |
| INFY | Infosys | $21.99 | $20.58 | -6.41% | Hold |
| IT | Gartner | $518.00 | $450.00 | -13.13% | Hold |
| BR | Broadridge Financial Solutions | $225.39 | $184.33 | -18.22% | Buy |
| EXLS | ExlService | $44.38 | $32.64 | -26.45% | Buy |