Highlights

  • Consensus rating of Buy from 5 analysts: 3 Buy or equivalent, 2 Hold, 0 Sell or equivalent.
  • Mean price target of A$3.51 against a share price of A$3.08 on 8 October 2026, an implied upside of 14.0%.
  • Analyst targets range from A$3.30 to A$3.94.
  • Underlying Revenue from customers was $282.6 million, up 9.6%, and Recurring Revenue was $165.0 million, up from $154.3 million.

Bravura Solutions (ASX:BVS) carries a consensus analyst rating of Buy. Of the 5 analyst recommendations recorded, 3 are Buy or equivalent, 2 are Hold and 0 are Sell or equivalent. The mean price target is A$3.51, with targets ranging from A$3.30 to A$3.94, against a current share price of A$3.08 (8 October 2026). Bravura Solutions Limited provides software and services to the Wealth Management and funds administration industries, with approximately 950 staff.

Company name

Bravura Solutions

Ticker

(ASX:BVS)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$3.08

Price date

8 October 2026

Number of analysts

5

Rating consensus

Buy

Consensus price target (mean)

A$3.51

Highest target

A$3.94

Lowest target

A$3.30

Implied upside/downside to mean target

Implied upside of 14.0%

Latest developments

Bravura Solutions (ASX:BVS) announced its full-year results for the period ended 30 June 2026 on 12 August 2026. Underlying revenue from customers was $282.6 million, up 9.6%, and recurring revenue was $165.0 million, up from $154.3 million. Underlying Cash EBITDA was $77.1 million, a 27.3% Margin and $33.3 million higher than FY25, and Underlying NPAT was $63.1 million, up $38.7 million. The company ended the year with $50.3 million of cash and no debt.

Bravura declared a final ordinary Dividend of 8.31 cents per share and a Special Dividend of 6.69 cents per share, a combined 15.0 cents, bringing total FY26 dividends to $113.2 million, or 25.23 cents per share. The dividends are unfranked, with a Record Date of 25 August 2026 and a payment date of 3 September 2026, and the Dividend reinvestment Plan remains suspended.

The company entered new Debt facilities with HSBC of up to $100 million on 12 August 2026, announced an on-market buy-back of up to $50 million over 12 months, and was admitted to trading on AIM on 28 July 2026. For FY27, it guides to revenue of $280 million to $300 million and Cash EBITDA of $84 million to $94 million at an assumed Exchange Rate of 1.90 AUD to 1.00 GBP.

Risks and what to watch

The company noted second-half FY26 foreign exchange headwinds and its FY27 guidance assumes a specific exchange rate. The FY27 revenue range includes levels close to FY26 underlying revenue of $282.6 million. Underlying figures exclude the FY25 Fidelity licence agreement and FY26 deferred tax asset recognition. The special dividend is a one-off, and new debt and the buy-back change the capital structure.

Next milestones

Items to watch include execution of the $50 million buy-back, use of the HSBC facility, trading on AIM and the ASX, delivery against FY27 guidance, and the half-year result.