Needham & Company LLC Issues Pessimistic Forecast for Broadridge Financial Solutions (NYSE:BR) Stock Price

Broadridge Financial Solutions (NYSE:BR) had its target price lowered by stock analysts at Needham & Company LLC from $305.00 to $255.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. Needham & Company LLC’s price objective indicates a potential upside of 32.00% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley dropped their price objective on shares of Broadridge Financial Solutions from $261.00 to $256.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 5th. DA Davidson dropped their price target on shares of Broadridge Financial Solutions from $240.00 to $228.00 and set a “neutral” rating on the stock in a research report on Friday, January 23rd. UBS Group cut their price objective on shares of Broadridge Financial Solutions from $280.00 to $250.00 and set a “neutral” rating for the company in a report on Thursday, November 13th. Raymond James Financial reissued an “outperform” rating and set a $257.00 target price on shares of Broadridge Financial Solutions in a research note on Tuesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Broadridge Financial Solutions in a research report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $247.71.

Broadridge Financial Solutions Price Performance

NYSE:BR opened at $193.18 on Wednesday. The firm’s fifty day moving average is $219.19 and its two-hundred day moving average is $233.61. The firm has a market cap of $22.55 billion, a price-to-earnings ratio of 21.39 and a beta of 0.97. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.93 and a current ratio of 0.97. Broadridge Financial Solutions has a one year low of $183.30 and a one year high of $271.91.

Broadridge Financial Solutions (NYSE:BR) last issued its quarterly earnings data on Tuesday, February 3rd. The business services provider reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.25. The business had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Broadridge Financial Solutions had a return on equity of 40.70% and a net margin of 14.86%.The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.56 EPS. Broadridge Financial Solutions has set its FY 2026 guidance at 9.320-9.580 EPS. Research analysts expect that Broadridge Financial Solutions will post 8.53 EPS for the current year.

Insider Activity

In other news, VP Thomas P. Carey sold 10,214 shares of Broadridge Financial Solutions stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $229.26, for a total value of $2,341,661.64. Following the sale, the vice president directly owned 6,026 shares of the company’s stock, valued at $1,381,520.76. The trade was a 62.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Christopher John Perry sold 3,984 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $226.00, for a total value of $900,384.00. Following the sale, the president owned 44,829 shares of the company’s stock, valued at $10,131,354. The trade was a 8.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Broadridge Financial Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in BR. New York State Common Retirement Fund raised its holdings in Broadridge Financial Solutions by 14.6% during the third quarter. New York State Common Retirement Fund now owns 94,567 shares of the business services provider’s stock worth $22,523,000 after purchasing an additional 12,024 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Broadridge Financial Solutions by 37.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 19,769 shares of the business services provider’s stock worth $4,708,000 after buying an additional 5,346 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of Broadridge Financial Solutions by 637.5% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 50,317 shares of the business services provider’s stock worth $11,984,000 after buying an additional 43,494 shares in the last quarter. Addenda Capital Inc. grew its stake in Broadridge Financial Solutions by 28.6% in the 3rd quarter. Addenda Capital Inc. now owns 67,152 shares of the business services provider’s stock valued at $16,049,000 after acquiring an additional 14,942 shares during the last quarter. Finally, Nordea Investment Management AB increased its holdings in Broadridge Financial Solutions by 40.8% during the 2nd quarter. Nordea Investment Management AB now owns 220,314 shares of the business services provider’s stock valued at $52,900,000 after acquiring an additional 63,798 shares in the last quarter. Institutional investors and hedge funds own 90.03% of the company’s stock.

Key Stories Impacting Broadridge Financial Solutions

Here are the key news stories impacting Broadridge Financial Solutions this week:

• Positive Sentiment: Q2 results beat and guidance lift — Broadridge reported better-than-expected revenue and EPS for Q2, raised its fiscal‑2026 adjusted EPS growth outlook (now ~9%–12% growth), and reaffirmed its full‑year outlook, which supports the near‑term bullish case. BR Q2 2026 Earnings
• Positive Sentiment: Analyst upgrade from DA Davidson — DA Davidson upgraded BR from Neutral to Buy with a $228 target, adding dealer support to the rally and signaling institutional confidence in near‑term fundamentals. DA Davidson Upgrade
• Positive Sentiment: Needham keeps Buy rating (target reset) — Needham maintained a Buy rating while lowering its target, indicating continued conviction in Broadridge’s growth runway despite reassessed valuation assumptions. Needham Rating
• Positive Sentiment: Technical/earnings momentum could spark a reversal — Analysts note BR moved into technically oversold territory after recent sell‑off; combined with upward earnings estimate revisions, this increases the probability of a trend reversal. Zacks Turnaround Note
• Neutral Sentiment: Earnings call: cash, growth and tokenization strategy highlighted — Management emphasized cash generation and growth drivers while discussing tokenization initiatives; the commentary supports the growth story but also framed tokenization as a strategic area requiring investment. Earnings Call Highlights
• Neutral Sentiment: Company to host investor events — Broadridge announced upcoming investor presentations and a fireside chat, which can help management communicate strategy and possibly sustain interest, but are informational rather than catalytic. Investor Events
• Neutral Sentiment: Board expansion — Appointment of new independent directors improves governance depth; positive for long‑term oversight but unlikely to move the stock materially near term. Board Expansion
• Negative Sentiment: Tokenization risk flagged — A Seeking Alpha piece warns tokenization could disrupt Broadridge’s intermediary business model; although BR is investing in tokenization, monetizing those initiatives at scale is uncertain and represents a medium‑term risk. Tokenization Risk Article
• Negative Sentiment: JPMorgan trims price target and moves to Neutral — JPM lowered its target significantly and set a Neutral rating, which can temper upside expectations and cap momentum from upgrades. JPMorgan Price Target Note

Broadridge Financial Solutions Company Profile

Broadridge Financial Solutions is a global fintech company that provides technology-driven solutions and outsourcing services to the financial services industry. The firm’s core offerings center on investor communications, securities processing and post-trade services, and technology platforms that support capital markets and wealth management operations. Broadridge positions itself as a provider of mission-critical infrastructure that helps financial institutions manage regulatory requirements, investor engagement and operational complexity.

Products and services include proxy and shareholder communications, investor disclosure and digital communications, proxy voting and tabulation, clearing and settlement support, trade processing and reconciliation, and a range of software-as-a-service platforms for wealth and asset managers.