CBIZ, Inc. (CBZ)

In the past six months, CBIZ stock has experienced a significant decline. In the Q4 2025 earnings report, CBIZ missed revenue and non-GAAP EPS estimates, but the stock rallied due to investor confidence. In the Q1 2026 earnings report, CBIZ reported strong results with increased revenue, net income, and EPS, leading to an uplift in its 2026 adjusted EBITDA and EPS guidance. Analysts predict a potential upside in CBIZ stock, with an average target price of $41.00.

CBIZ's business exhibits clear demand seasonality, with the fourth quarter typically being the weakest. The bulk of the company's revenue from its tax practice is generated during the busy first-quarter tax filing season. Approximately 77% of CBIZ's services are essential and recurring, providing a stable revenue base. Demand for advisory businesses continues to be favorable with 60 to 90 days of visibility.

CBIZ, Inc. is a leading national provider of professional advisory services, offering financial, insurance, and advisory services to businesses and individuals. Its core services include accounting, tax advisory, government healthcare consulting, employee benefits, insurance, payroll, human capital management, and retirement plan services. CBIZ also provides specialized advisory services and has a National Practices group delivering information technology services. The company serves a diverse client base across various industries and became the seventh-largest accounting firm in the United States after acquiring Marcum LLP in 2024.

CBIZ maintains a significant national presence across the United States, operating through more than 140 offices located in 23 major markets and 33 states, as well as the District of Columbia. This network allows CBIZ to combine national expertise with a personalized, local approach to client service.

CBIZ has maintained a positive brand reputation, as evidenced by its inclusion in several Forbes lists for 2025 and 2026. The acquisition of Marcum LLP significantly impacted CBIZ's financial performance and market position. CBIZ has highlighted strong talent retention and engagement and is accelerating its technology roadmap by deploying agentic AI solutions.

CBIZ's ownership is primarily concentrated among institutional investors, who hold a substantial majority of the shares. Individual ownership accounts for a smaller portion, with Michael G. DeGroote being the largest individual shareholder. Insider ownership, including shares held by executives and board members, is approximately 3.82% to 4.95%.