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

i3 Verticals (NASDAQ:IIIV) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.090-1.150 for the period, compared to the consensus earnings per share 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 Stock Up 4.1%

IIIV opened at $22.91 on Friday. i3 Verticals has a 52-week low of $19.89 and a 52-week high of $33.97. The company has a 50 day moving average of $22.40 and a two-hundred day moving average of $24.49. The company has a market cap of $698.30 million, a P/E ratio of 36.95 and a beta of 0.89.

i3 Verticals (NASDAQ:IIIV) last announced its earnings results on Thursday, February 5th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.02. The business had revenue of $52.67 million during the quarter, compared to the consensus estimate of $52.18 million. i3 Verticals had a net margin of 7.33% and a return on equity of 4.32%. Research analysts anticipate that i3 Verticals will post 0.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at i3 Verticals

In other news, CRO Paul Christians sold 6,122 shares of the firm’s stock in a transaction dated 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 transaction, the executive owned 31,250 shares in the company, valued at approximately $725,937.50. This trade represents a 16.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 60.09% of the company’s stock.

Institutional Trading of i3 Verticals

Hedge funds have recently bought and sold shares of the company. Global Retirement Partners LLC lifted its position in shares of i3 Verticals by 8,259.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,839 shares of the company’s stock worth $46,000 after purchasing an additional 1,817 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of i3 Verticals by 65.5% in the second quarter. BNP Paribas Financial Markets now owns 2,198 shares of the company’s stock worth $60,000 after purchasing an additional 870 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of i3 Verticals by 229.9% in the second quarter. Tower Research Capital LLC TRC now owns 2,220 shares of the company’s stock worth $61,000 after purchasing an additional 1,547 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of i3 Verticals in the third quarter worth approximately $75,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of i3 Verticals in the third quarter worth approximately $79,000. 84.22% of the stock is owned by hedge funds and other institutional investors.

About i3 Verticals

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.