NYSEIndustrialsInformation Technology ServicesSnapshot 2026-08-31
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Create your account →Intact: The reason to own it still holds.
Broadridge grows recurring revenue about 7% a year. Adjusted EPS rises 10% to 12% annually. The company has a strong position in shareholder communications and financial services. It maintains solid profit margins and steady cash flow.
Growth could slow below 6% revenue increase. EPS growth might fall short of 10%. Rising costs or regulatory issues could pressure margins and cash flow.
The market expects about 6% revenue growth and values the stock at a discount to peers. Our view is slightly more optimistic on growth and profitability, seeing room for recurring revenue and EPS to meet or exceed guidance.
Breaks if: Adjusted EPS growth falls below 9% YoY in FY26
Achieve adjusted earnings per share growth in the range of 8-12% annually.
Stated as a priority in 6 of last 6 quarters. Adjusted EPS increased 12% to $9.60 in fiscal 2026, with guidance for fiscal 2027 targeting 8-12% growth. Management has consistently reiterated this target, and the financial results show delivery on this priority.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on increasing recurring revenue and adjusted earnings per share. The current thesis state is intact, supported by recent strong financial performance and ongoing management priorities.
The market appears to have priced in a low level of fragility, reflecting weak execution quality but not fully accounting for potential turbulence. Valuation is considered cheap compared to peers, with a small expectations gap indicating that some growth is already anticipated.
Fundamentals are likely to continue on a positive trajectory, with management consistently meeting growth targets for recurring revenue and adjusted earnings. However, there is a near-term risk of missing earnings, as industry peers have struggled recently.
The thesis hinges on the performance of sector bellwethers like LDOS, CACI, and G. If these companies continue to beat earnings and guide higher, it could support BR's momentum. Conversely, if they start missing or guiding lower, it could negatively impact BR.
The most important moves since the prior daily snapshot.
Mixed, the news cuts both ways. The latest earnings beat supports the thesis by showing strong performance. However, concerns over AI disruption and tokenized equities may impact future growth.
as of 2026-08-31
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“We are raising our Adjusted EPS growth guidance to 10-12%”
“Adjusted EPS growth guidance of 8-12% reaffirmed”
“Fiscal year 2026 guidance calls for 8-12% Adjusted EPS growth”
“Reaffirming FY 25 guidance of Adjusted EPS growth at the middle of 8-12% guidance range”
“Raising FY 25 Adjusted EPS growth guidance to 8-12%”
“Reaffirming guidance of 8-12% Adjusted EPS growth”
Breaks if: Closed sales fall below $280M in FY26
Maintain closed sales in the range of $290-$330 million annually to support recurring revenue growth.
Stated as a priority in 6 of last 6 quarters. Closed sales reached $305 million in fiscal 2026, up from $288 million in fiscal 2025, with guidance for fiscal 2027 targeting $290-$330 million. Management has consistently emphasized this target, and the sales figures show steady delivery.
“Closed sales of $290-$330 million guidance reaffirmed”
“Closed sales $33 million in Q1, reaffirming guidance of $290-$330 million”
“Closed sales were $288 million in fiscal 2025”
“Closed sales $71 million in Q3, reaffirming guidance”
“Closed sales $114 million in Q2”
“Closed sales rose 21% to $57 million in Q1”
Breaks if: Recurring revenue growth falls below 6% YoY in FY26
Sustain and grow recurring revenues with a target of 6-8% constant currency growth annually.
Stated as a priority in 6 of last 6 quarters. Recurring revenues grew 8% in fiscal 2026, reaching $4.878 billion, with guidance for fiscal 2027 targeting 6-8% growth constant currency. Management has consistently reaffirmed this growth target, and the trajectory is delivering with steady revenue increases.
“We are raising our fiscal 2026 outlook for Recurring revenue growth constant currency to At or above 7%”
“The demand for our products and secular tailwinds supports organic Recurring revenue growth of 5-8% for FY 24-FY 26”
“Fiscal year 2026 guidance calls for another strong year including 5-7% Recurring revenue growth constant currency”
“Reaffirming FY 25 guidance of 6-8% Recurring revenue growth constant currency”
“We are raising our Fiscal Year 2025 outlook for Recurring revenue growth to 6-8%”
“Recurring revenue constant currency grew 4%... raising FY 25 guidance to include 6-8% Recurring revenue growth constant currency”
In the next 1 to 3 years, BR's performance will depend on both its execution and the broader industrial sector's health. Not investment advice.
