DA Davidson Rates Broadridge Financial Solutions (BR) Buy
Key Points
- DA Davidson's price target of $214 implies that Broadridge shares are currently about 15.4% below this target, as they recently traded at $181.09.
- DA Davidson's $214 price target implies 18.17% upside from Broadridge Financial Solutions, Inc.'s ($BR) current $181.09 share price.
- The stock is positioned above its 50-day and 200-day moving averages by 5.7% and 8.6%, respectively, indicating a strong technical position.
- Broadridge reported trailing twelve-month revenue of $7.48 billion and has a P/E ratio of 18.4, reflecting its valuation in the technology sector.
Get Broadridge Financial Solutions text alerts
We text you when insiders, Congress, analysts or big funds move on $BR.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Broadridge Financial Solutions, Inc. alert may contain errors. Disclosures
On October 27, 2026, DA Davidson reiterated its Buy rating on Broadridge Financial Solutions, Inc. (BR) and set a price target of $214. This follows a trend of maintaining confidence in the company's growth potential. The firm's rating was noted in their research note on the same day.
BR
Broadridge Financial Solutions, Inc.
DA Davidson vs. the S&P 500
Hypothetical returns from DA Davidson's disclosed trades, not real profit or advice. How we model this.
Other Institutional Activity in Broadridge Financial Solutions
Alliancebernstein L.P. reduced its stake in Broadridge by 1,248,119 shares, leaving it with 2,465,416 shares valued at about $436.6 million. Meanwhile, Jupiter Topco LLC increased its holdings by 956,016 shares, bringing its total to 1,912,032 shares worth approximately $338.6 million. This activity shows a mix of sentiment among institutional investors.
Broadridge Financial Solutions, Inc. Stock Holds Steady
Broadridge shares recently traded at $181.09, which is 15.4% below the analyst target of $214. The stock is performing well technically, sitting above both its 50-day and 200-day moving averages by 5.7% and 8.6%, respectively. However, it remains 22.3% below its 52-week high of $233.10, indicating potential upside if the stock can recover.
$BR price target
Broadridge Financial Solutions, Inc. daily closes and this analyst's $214 target. Not advice.
Recent Earnings
Broadridge's trailing twelve-month revenue reached $7.48 billion, with a net profit margin of 15.0%. The company is scheduled to announce its next earnings report on November 3, 2026. With a P/E ratio of 18.4, the company is positioned well in the technology sector, reflecting its profitability relative to its share price.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
4 target cuts vs 0 raises.
-
EPS & revenue
EPS beat estimates by 1.4%. Revenue met estimates.
-
Profit surprise
EBITDA missed by 7 percent. Operating income missed by 14 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
4 target cuts.
-
Earnings quality
Operating margin down 0.6 points. Positive free cash flow.
Earnings Call Summary
The company had a very strong start to the year with 8 percent recurring revenue growth and 51 percent adjusted earnings growth, driven by strong equity position growth, higher trading volumes, and a major mutual fund proxy event that brought in 114 million in event-driven revenue. They are investing in tokenization and shareholder engagement solutions, with digital asset revenues now contributing 4 million per quarter as a super validator on the Canton Network.
Guidance Broadridge now expects recurring revenue growth at the higher end of their 5 to 7 percent range for the full year. They are keeping their guidance for 8 to 12 percent adjusted earnings growth and between 290 million and 330 million in closed sales.
Severe negative reset. The report materially damaged the forward outlook and likely forces major downward revisions.
Insider Buying and Selling at Broadridge Financial Solutions, Inc.
On October 1, 2026, Thomas Patrick Carey, an officer at Broadridge, sold 2,501 shares at an average price of $159.76, totaling about $399,560. This sale occurred prior to the recent analyst ratings and does not indicate a negative outlook for the company.
Analysts Set New Price Targets
On October 27, 2026, DA Davidson reiterated its Buy rating on Broadridge with a price target of $214. RBC Capital also maintains an Outperform rating, recently raising its target to $226. Meanwhile, Morgan Stanley holds an Equal-Weight rating with a target of $176. The consensus from eight analysts suggests a mean price target of about $213.38, indicating a positive outlook overall for the stock.
About Broadridge Financial Solutions
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company specializes in managing proxy materials distribution and voting processes for financial institutions and corporate clients. This focus on technology and efficiency is vital as the financial services sector increasingly relies on digital solutions.
Bottom Line
Investors should keep an eye on Broadridge's upcoming earnings report on November 3, 2026, as it will provide further insights into its financial performance. The reiteration of the Buy rating by DA Davidson suggests confidence in the company's growth, despite recent trading levels being below the analyst targets.
Related Filing Alerts
Source: DA Davidson's rating change on $BR (Oct 27, 2026). Written by software, not financial advice. How we make alerts