i3 Verticals (NASDAQ:IIIV) Releases FY 2026 Earnings Guidance

i3 Verticals (NASDAQ:IIIV) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.080-1.160 for the period, compared to the consensus earnings per share estimate of 0.950. The company issued revenue guidance of $217.0 million-$232.0 million, compared to the consensus revenue estimate of $225.9 million.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on IIIV. KeyCorp dropped their price target on i3 Verticals from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, November 19th. DA Davidson reaffirmed a “buy” rating and set a $35.00 target price on shares of i3 Verticals in a research report on Monday. Zacks Research raised shares of i3 Verticals from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of i3 Verticals in a research report on Monday, December 29th. Finally, Morgan Stanley decreased their price objective on shares of i3 Verticals from $30.00 to $28.00 and set an “equal weight” rating for the company in a report on Wednesday, November 19th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $33.33.

i3 Verticals Stock Up 5.4%

IIIV traded up $1.07 on Friday, hitting $20.99. The company’s stock had a trading volume of 358,084 shares, compared to its average volume of 326,052. The company’s 50 day simple moving average is $24.75 and its 200-day simple moving average is $28.31. The firm has a market cap of $679.03 million, a P/E ratio of 30.86 and a beta of 0.99. i3 Verticals has a 12 month low of $19.89 and a 12 month high of $33.97.

i3 Verticals (NASDAQ:IIIV) last issued its earnings results on Thursday, February 5th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. i3 Verticals had a net margin of 7.72% and a return on equity of 4.66%. The business had revenue of $52.67 million for the quarter, compared to analysts’ expectations of $52.18 million. i3 Verticals has set its FY 2026 guidance at 1.080-1.160 EPS. Equities analysts predict that i3 Verticals will post 0.9 earnings per share for the current fiscal year.

Insider Activity

In other news, CRO Paul Christians sold 9,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $23.27, for a total value of $209,430.00. Following the completion of the transaction, the executive directly owned 45,818 shares in the company, valued at approximately $1,066,184.86. This trade represents a 16.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Frederick Stanford sold 11,347 shares of the business’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $24.21, for a total transaction of $274,710.87. Following the transaction, the president directly owned 43,653 shares of the company’s stock, valued at approximately $1,056,839.13. This represents a 20.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 23,639 shares of company stock valued at $562,425. 60.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its position in shares of i3 Verticals by 4.9% in the second quarter. The Manufacturers Life Insurance Company now owns 8,619 shares of the company’s stock worth $237,000 after buying an additional 402 shares in the last quarter. BNP Paribas Financial Markets increased its stake in i3 Verticals by 65.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock worth $60,000 after acquiring an additional 870 shares during the last quarter. Sei Investments Co. increased its stake in i3 Verticals by 5.9% in the 3rd quarter. Sei Investments Co. now owns 16,589 shares of the company’s stock worth $538,000 after acquiring an additional 923 shares during the last quarter. Invesco Ltd. raised its holdings in shares of i3 Verticals by 4.6% in the 2nd quarter. Invesco Ltd. now owns 26,328 shares of the company’s stock valued at $723,000 after acquiring an additional 1,156 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of i3 Verticals by 11.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,383 shares of the company’s stock valued at $340,000 after acquiring an additional 1,266 shares during the last quarter. 84.22% of the stock is currently owned by hedge funds and other institutional investors.

i3 Verticals Company Profile

i3 Verticals, Inc is a provider of integrated software and merchant payment processing solutions tailored for specific vertical markets across the United States. Since its founding in 2001 and headquartered in Columbia, South Carolina, the company has focused on delivering SaaS-based applications and payment services to streamline revenue collection and management workflows for its clients.

The company’s product portfolio includes electronic payment processing for credit and debit card transactions, automated clearing house (ACH) transfers, online and mobile payment portals, and related risk management and compliance tools.