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

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.090-1.150 for the period, compared to the consensus EPS estimate of 1.040. The company issued revenue guidance of $221.0 million-$229.0 million, compared to the consensus revenue estimate of $227.8 million.

i3 Verticals Trading Down 7.7%

Shares of i3 Verticals stock opened at $21.14 on Friday. The company’s 50-day moving average price is $22.40 and its 200-day moving average price is $24.49. i3 Verticals has a 12-month low of $19.89 and a 12-month high of $33.97. The company has a market cap of $644.35 million, a price-to-earnings ratio of 30.20 and a beta of 0.89.

i3 Verticals (NASDAQ:IIIV) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The company had revenue of $57.52 million during the quarter, compared to analysts’ expectations of $57.51 million. i3 Verticals had a net margin of 8.59% and a return on equity of 4.06%. i3 Verticals has set its FY 2026 guidance at 1.090-1.150 EPS. On average, sell-side analysts predict that i3 Verticals will post 0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

IIIV has been the topic of several research analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $35.00 price target on shares of i3 Verticals in a report on Monday, February 2nd. Weiss Ratings lowered i3 Verticals from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 9th. KeyCorp decreased their target price on i3 Verticals from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Monday, February 9th. Morgan Stanley lowered their price target on i3 Verticals from $28.00 to $22.00 and set an “equal weight” rating on the stock in a report on Monday, February 9th. Finally, Benchmark reiterated a “buy” rating on shares of i3 Verticals in a research report on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $33.20.

Insider Buying and Selling at i3 Verticals

In other news, CRO Paul Christians sold 6,122 shares of i3 Verticals stock in a transaction on Friday, March 6th. The shares were sold at an average price of $23.23, for a total transaction of $142,214.06. Following the completion of the sale, the executive directly owned 31,250 shares of the company’s stock, valued at approximately $725,937.50. The trade was a 16.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 60.09% of the company’s stock.

Hedge Funds Weigh In On i3 Verticals

Several institutional investors and hedge funds have recently made changes to their positions in IIIV. Royal Bank of Canada grew its stake in shares of i3 Verticals by 31.4% during the first quarter. Royal Bank of Canada now owns 57,505 shares of the company’s stock valued at $1,419,000 after buying an additional 13,729 shares during the last quarter. AQR Capital Management LLC purchased a new position in i3 Verticals during the 1st quarter valued at $209,000. JPMorgan Chase & Co. increased its position in shares of i3 Verticals by 11.4% during the second quarter. JPMorgan Chase & Co. now owns 12,383 shares of the company’s stock valued at $340,000 after buying an additional 1,266 shares during the period. Invesco Ltd. raised its position 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 in the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of i3 Verticals by 25.4% during the second quarter. Federated Hermes Inc. now owns 70,587 shares of the company’s stock valued at $1,940,000 after purchasing an additional 14,295 shares during the last quarter. Institutional investors own 84.22% of the company’s stock.

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.