Pitney Bowes, Inc. (PBI)
NYSEIndustrialsIntegrated Freight & LogisticsSnapshot 2026-11-04
$16.01+3.22%
Close 2026-11-04 · 1-day change
NYSEIndustrialsIntegrated Freight & LogisticsSnapshot 2026-11-04
QuarterlyIQ Insights · PBI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -55.2% |
| Our one-year growth estimate | diamond | -1.8% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 53.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 10 industry peers · Company calendar date is not available
PBI — credit agreement
Dated 2026-09-30
Entry into a Material Definitive Agreement. On September 29, 2026 (the “ Amendment Date ”), Pitney Bowes Inc. (the “ Company ”) and certain of its subsidiaries entered into an amendment (the “ Amendment ”) to its Credit Agreement, dated as of February 7, 2025 (as amended prior to the date hereof and as further amended by the Amendment, the “ Credit Agreement ”), among the Company, the other Loan Parties party thereto, the Lenders party thereto and Bank of America, N.A., as administrative agen…
Why it matters: SendTech revenue fell 2%, but lower costs helped lift adjusted EBIT 14%. That tests whether cost cuts can offset a shrinking mailing base.
Supportive ifSendTech adjusted EBIT stays at or above $115 million while revenue is flat or lower year over year.
Worry ifSendTech adjusted EBIT falls below $115 million, or revenue falls more than 2% year over year.
Why it matters: Management raised the low end of its cash flow outlook. It also said customer prepayments boosted cash flow, so cash quality matters.
Supportive ifFull-year 2026 adjusted free cash flow is at least $380 million. Reported cash from operations supports this result.
Worry ifFull-year adjusted free cash flow is below $380 million. Or the result depends on more customer prepayments, without more cash from operations.
Why it matters: Presort profit fell even as revenue grew. Higher fuel and freight costs were a stated cause.
Worry ifPresort adjusted EBIT drops below $32 million in a later quarter. Or transport costs rise year over year again.
Less concerning ifPresort adjusted EBIT exceeds $32 million and transport costs are flat or lower year over year.
Why it matters: New client wins lifted Presort volume to 3.4 billion pieces in Q3. More volume can help offset lower revenue per piece and higher transport costs.
Supportive ifA later quarter reports Presort volume above 3.3 billion pieces and growth from a year earlier.
Worry ifA later quarter reports Presort volume at or below 3.3 billion pieces and a decline from a year earlier.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$109 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $301 loss on $10,000 · 3.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,621 loss on $10,000 · 16.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Debt fell by $148 million in Q3, and the company also lowered its term loan rate. Further cuts would show that cash is still reducing debt.
Supportive ifA later earnings release reports lower net debt than in the prior quarter, with no new revolving credit balance.
Worry ifA later release reports rising debt or a new revolving credit balance.
Why it matters: Management raised the low end of its revenue outlook to $1.83 billion. Meeting it would support the view that revenue is stabilizing.
Supportive ifFull-year 2026 revenue is at least $1.83 billion.
Worry ifFull-year 2026 revenue is below $1.83 billion, missing the updated low end.