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

i3 Verticals (NASDAQ:IIIV) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 1.060-1.160 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

A number of equities analysts have recently commented on IIIV shares. DA Davidson set a $39.00 price target on shares of i3 Verticals in a report on Monday. Morgan Stanley raised their target price on i3 Verticals from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 12th. Zacks Research raised i3 Verticals from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Benchmark reiterated a “buy” rating and issued a $39.00 price target (up previously from $33.00) on shares of i3 Verticals in a research report on Monday, August 11th. Finally, Stephens increased their price target on i3 Verticals from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, August 11th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.33.

i3 Verticals Price Performance

Shares of NASDAQ:IIIV traded up $0.17 during mid-day trading on Monday, hitting $29.02. The company had a trading volume of 268,393 shares, compared to its average volume of 264,681. i3 Verticals has a one year low of $22.20 and a one year high of $33.97. The firm has a fifty day moving average price of $31.28 and a 200 day moving average price of $28.93. The company has a market capitalization of $936.19 million, a PE ratio of 5.56 and a beta of 1.23.

i3 Verticals (NASDAQ:IIIV) last issued its earnings results on Monday, November 17th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.06). i3 Verticals had a return on equity of 3.87% and a net margin of 55.87%. i3 Verticals has set its FY 2026 guidance at 1.060-1.160 EPS. Research analysts expect that i3 Verticals will post 0.9 earnings per share for the current fiscal year.

Insider Activity

In related news, CRO Paul Christians sold 1,890 shares of the business’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $31.40, for a total value of $59,346.00. Following the completion of the sale, the executive directly owned 43,110 shares of the company’s stock, valued at $1,353,654. The trade was a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Paul Maple sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $31.04, for a total value of $77,600.00. Following the transaction, the general counsel directly owned 33,269 shares in the company, valued at approximately $1,032,669.76. This trade represents a 6.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 59.07% of the company’s stock.

Hedge Funds Weigh In On i3 Verticals

Large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its stake in i3 Verticals by 4.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,619 shares of the company’s stock valued at $237,000 after purchasing an additional 402 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of i3 Verticals by 65.5% during the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock valued at $60,000 after buying an additional 870 shares during the last quarter. Sei Investments Co. increased its position in shares of i3 Verticals by 5.9% during the third quarter. Sei Investments Co. now owns 16,589 shares of the company’s stock worth $538,000 after acquiring an additional 923 shares in 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 worth $723,000 after acquiring an additional 1,156 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of i3 Verticals by 11.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,383 shares of the company’s stock worth $340,000 after acquiring an additional 1,266 shares during the last quarter. 84.22% of the stock is currently owned by institutional investors.

i3 Verticals Company Profile

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.