BRAVURA SOLUTIONS LIMITED (BVS)
Share Price Analysis and Chart

13/08/2026

3

Neutral

$3.30

-8.08%

Bravura Solutions delivered a FY26 result that was in line with recent guidance while FY27 guidance implies 2.5% revenue growth, Macquarie observes. All key customer contracts were renewed throughout the year.

The company has secured its first key anchor client in UK workplace pensions, which is considered an expanding area. The broker notes cost discipline and demand for the company's product support earnings.

Operating performance and capital expenditure expectations drive an upgraded cash flow outlook. Macquarie raises the target to $3.30 from $2.34 and retains a Neutral rating.

FORECAST
Macquarie forecasts a full year FY27 dividend of 13.30 cents and EPS of 14.70 cents.
Macquarie forecasts a full year FY28 dividend of 13.70 cents and EPS of 15.20 cents.

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

13/08/2026

1

Buy

$3.30

-8.08%

Bravura Solutions has released a solid FY26 result, Shaw and Partners suggests, with revenue and cash earnings in line with upgraded guidance, while cash generation was ahead.

More importantly, commentary suggests the FY27 outlook reinforces the evolution of the investment case: growth is increasingly being driven by the installed customer base, churn risks are reducing and continued cost discipline is driving further margin expansion.

Combined with an active capital management strategy spanning dividends, buybacks and potential M&A, Shaw believes Bravura is signalling increasing confidence in the durability of earnings and cash generation.

Target rises to $3.30 from $2.50, Buy retained.

FORECAST
Shaw and Partners forecasts a full year FY27 dividend of 13.90 cents and EPS of 13.90 cents.
Shaw and Partners forecasts a full year FY28 dividend of 14.90 cents and EPS of 14.90 cents.