Pitney Bowes (NYSE:PBI) Coverage Initiated by Analysts at Bank of America

Bank of America initiated coverage on shares of Pitney Bowes (NYSE:PBI) in a research note issued to investors on Tuesday. The brokerage issued an underperform rating and a $9.00 price target on the technology company’s stock.

PBI has been the subject of several other research reports. Zacks Research raised Pitney Bowes from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Weiss Ratings restated a “hold (c)” rating on shares of Pitney Bowes in a research note on Monday, December 29th. The Goldman Sachs Group began coverage on shares of Pitney Bowes in a report on Monday, November 3rd. They set a “neutral” rating and a $11.00 target price for the company. Truist Financial began coverage on shares of Pitney Bowes in a report on Friday, December 12th. They issued a “hold” rating and a $11.00 price target on the stock. Finally, Citigroup started coverage on shares of Pitney Bowes in a research report on Wednesday, December 3rd. They set an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Pitney Bowes has a consensus rating of “Hold” and a consensus price target of $11.00.

Pitney Bowes Stock Performance

Pitney Bowes stock opened at $10.25 on Tuesday. The stock has a 50-day simple moving average of $10.42 and a 200 day simple moving average of $10.75. The stock has a market capitalization of $1.65 billion, a P/E ratio of 22.78, a PEG ratio of 0.48 and a beta of 1.41. Pitney Bowes has a 52 week low of $7.39 and a 52 week high of $13.11.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 38.38% and a net margin of 4.14%.The firm had revenue of $477.63 million for the quarter, compared to analyst estimates of $482.47 million. During the same quarter in the prior year, the company earned $0.32 earnings per share. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. Research analysts forecast that Pitney Bowes will post 1.21 earnings per share for the current year.

Institutional Investors Weigh In On Pitney Bowes

Several institutional investors have recently made changes to their positions in the stock. Trail Ridge Investment Advisors LLC increased its stake in Pitney Bowes by 5.1% during the 3rd quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company’s stock worth $238,000 after acquiring an additional 1,008 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Pitney Bowes by 41.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after acquiring an additional 1,015 shares during the period. Advisory Services Network LLC grew its holdings in shares of Pitney Bowes by 2.4% during the 3rd quarter. Advisory Services Network LLC now owns 52,975 shares of the technology company’s stock worth $604,000 after purchasing an additional 1,234 shares in the last quarter. New York State Teachers Retirement System increased its position in shares of Pitney Bowes by 0.5% in the second quarter. New York State Teachers Retirement System now owns 257,827 shares of the technology company’s stock worth $2,813,000 after purchasing an additional 1,246 shares during the period. Finally, Baird Financial Group Inc. raised its stake in Pitney Bowes by 12.5% in the second quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock valued at $144,000 after purchasing an additional 1,459 shares in the last quarter. 67.88% of the stock is currently owned by institutional investors.

Pitney Bowes News Summary

Here are the key news stories impacting Pitney Bowes this week:

• Positive Sentiment: Q4 adjusted EPS beat estimates — Pitney Bowes reported $0.45 EPS vs. a $0.38 consensus (up from $0.32 a year ago), which is a clear near‑term positive for the stock. Pitney Bowes (PBI) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Operating cash flow strength — the company reported materially higher cash from operations and lower capex, improving free cash generation that supports leverage and shareholder flexibility. Pitney Bowes (PBI) Stock Rises on Q4 2025 Earnings
• Positive Sentiment: Insider purchasing — recent insider buys (several executives) were reported, which can signal management confidence. Pitney Bowes (PBI) Stock Rises on Q4 2025 Earnings
• Neutral Sentiment: FY‑2026 guidance roughly in line with expectations — management set EPS guidance of $1.40–$1.60 and revenue guidance around $1.8–$1.9B, largely matching street forecasts and removing some near‑term uncertainty but not creating upside surprise. Pitney Bowes Discloses Financial Results for Fourth Quarter and Full Year 2025 and Issues CEO Letter
• Neutral Sentiment: Company commentary and strategic updates — CEO letter and slide deck accompanied the release, outlining strategy and execution priorities; useful for longer‑term thesis but not an immediate catalyst. Pitney Bowes Discloses Financial Results for Fourth Quarter and Full Year 2025 and Issues CEO Letter
• Neutral Sentiment: Analyst coverage mixed — the stock carries analyst price targets around a median ~$11 and some “moderate buy” views, suggesting limited consensus upside. Pitney Bowes Inc. Receives Average Rating of “Moderate Buy”
• Negative Sentiment: Revenue and profitability weakness — revenue fell ~7.5% YoY to ~$477.6M and missed estimates; gross profit, operating profit and net income all declined, and one report flagged GAAP diluted EPS substantially below adjusted figures — a signal of underlying business pressure. Pitney Bowes (PBI) Stock Rises on Q4 2025 Earnings
• Negative Sentiment: New sell-side initiation — Bank of America started coverage with an “underperform” rating and a $9 price target, creating downward pressure through a lower benchmark for some investors.

About Pitney Bowes

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.