Broadridge Shares Plunge 34% From 52-Week High Despite Q2 Revenue Beat
Broadridge stock slipped 34.4% from its August 7, 2025 52-week high of $271.91 and is down 22.5% over the past three months versus the Technology Select Sector SPDR ETF’s 4.8% drop while trading below both its 50- and 200-day moving averages. In Q2, revenue climbed 7.9% year-over-year to $1.7 billion with adjusted EPS up 1.9%, topping consensus of $1.34.
1. Stock Price Performance
Shares of Broadridge have fallen 34.4% from their August 7, 2025 peak of $271.91 and are down 22.5% in the past three months versus a 4.8% decline for the Technology Select Sector SPDR ETF. The stock has traded below its 200-day moving average since late September and beneath its 50-day moving average since mid-September, reinforcing a bearish trend.
2. Q2 Earnings Review
In the quarter ended February 3, Broadridge reported revenue of $1.7 billion, up 7.9% year-over-year and 7.5% above consensus, driven by 7% organic growth from increased investor participation and event-driven activity. Adjusted EPS rose 1.9% to $1.37, surpassing analyst expectations of $1.34, yet the stock fell 6.3% on release.
3. Growth Initiatives and Analyst Outlook
Broadridge is expanding in digital assets and AI, with record volumes on its Distributed Ledger Repo platform and the acquisition of Acolin to boost cross-border fund distribution in Europe. Despite recent underperformance, the consensus rating is Moderate Buy with a mean price target of $239.57, implying a 34.3% upside from current levels.