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

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 1.060-1.160 for the period, compared to the consensus estimate of 1.020. The company issued revenue guidance of $217.0 million-$232.0 million, compared to the consensus revenue estimate of $229.3 million.

i3 Verticals Trading Down 10.5%

Shares of NASDAQ:IIIV opened at $25.97 on Wednesday. i3 Verticals has a 1-year low of $22.00 and a 1-year high of $33.97. The stock has a market capitalization of $837.79 million, a P/E ratio of 38.19 and a beta of 1.23. The business has a 50-day moving average price of $31.14 and a two-hundred day moving average price of $28.96.

i3 Verticals (NASDAQ:IIIV) last posted its quarterly earnings results on Monday, November 17th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.01. i3 Verticals had a net margin of 7.72% and a return on equity of 4.68%. The business had revenue of $54.90 million during the quarter, compared to the consensus estimate of $53.68 million. i3 Verticals has set its FY 2026 guidance at 1.060-1.160 EPS. As a group, equities analysts predict that i3 Verticals will post 0.9 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on IIIV. Benchmark restated a “buy” rating and set a $39.00 target price (up from $33.00) on shares of i3 Verticals in a research report on Monday, August 11th. Zacks Research upgraded shares of i3 Verticals from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Morgan Stanley boosted their price target on shares of i3 Verticals from $25.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, August 12th. DA Davidson reaffirmed a “buy” rating and set a $39.00 price objective on shares of i3 Verticals in a research note on Monday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of i3 Verticals in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, i3 Verticals currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.33.

Insider Buying and Selling at i3 Verticals

In related news, General Counsel Paul Maple sold 2,500 shares of the company’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $31.04, for a total value of $77,600.00. Following the completion of the transaction, the general counsel directly owned 33,269 shares of the company’s stock, valued at approximately $1,032,669.76. This represents a 6.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Paul Christians sold 1,890 shares of the business’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $31.40, for a total value of $59,346.00. Following the completion of the sale, the executive owned 43,110 shares in the company, valued at approximately $1,353,654. This trade represents a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 59.07% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company lifted its position in i3 Verticals by 4.9% during the second quarter. The Manufacturers Life Insurance Company now owns 8,619 shares of the company’s stock worth $237,000 after acquiring an additional 402 shares during the last quarter. BNP Paribas Financial Markets boosted 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 valued at $60,000 after purchasing an additional 870 shares during the period. Sei Investments Co. boosted 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 valued at $538,000 after purchasing an additional 923 shares during the period. Invesco Ltd. grew its holdings in 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 buying an additional 1,156 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in i3 Verticals by 11.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 12,383 shares of the company’s stock worth $340,000 after buying an additional 1,266 shares during the period. Institutional investors and hedge funds own 84.22% of the company’s stock.

About i3 Verticals

i3 Verticals, Inc provides integrated payment and software solutions primarily to the public sector and healthcare markets in the United States. It operates in two segments, Software and Services, and Merchant Services. The company offers payment processing services that enables upper and lower court case management, collections, finance and accounting, motor vehicle and carrier registration, e-filing and taxation, license plate inventory, property tax management, utility billing, professional licensing, document workflow, and law enforcement software; assists public schools in completing payment processing functions, including accepting payments for online or at school lunches, and school activities.