These Analysts Revise Their Forecasts On FactSet Research After Q3 Results
FactSet Research Systems Inc. (NYSE: FDS ) on Wednesday posted third-quarter earnings and reve nue that topped Wall Street estimates. The company posted third-quarter revenue of $622.9 million, up 6.4% year over year and ahead of the analyst consensus estimate of $618.3 million. Adjusted earnings came in at $4.53 per share, topping expectations of $4.46. FactSet reaffirmed its fiscal 2026 adjusted EPS guidance of $17.25 to $17.75, compared with the analyst consensus estimate of $17.71. The company also maintained its revenue outlook of $2.45 billion to $2.47 billion, versus the Street estimate of $2.463 billion. FactSet also reiterated its forecast for organic ASV growth of $130 million to $160 million and an adjusted operating margin of 34% to 35.5%. FactSet Research shares rose 1.7% to trade at $249.67 on Thursday. These analysts made changes to their price targets on FactSet Resear...
FactSet Research Systems Inc. (NYSE: FDS ) on Wednesday posted third-quarter earnings and reve nue that topped Wall Street estimates.
The company posted third-quarter revenue of $622.9 million, up 6.4% year over year and ahead of the analyst consensus estimate of $618.3 million.
Adjusted earnings came in at $4.53 per share, topping expectations of $4.46.
FactSet reaffirmed its fiscal 2026 adjusted EPS guidance of $17.25 to $17.75, compared with the analyst consensus estimate of $17.71.
The company also maintained its revenue outlook of $2.45 billion to $2.47 billion, versus the Street estimate of $2.463 billion.
FactSet also reiterated its forecast for organic ASV growth of $130 million to $160 million and an adjusted operating margin of 34% to 35.5%.
FactSet Research shares rose 1.7% to trade at $249.67 on Thursday.
These analysts made changes to their price targets on FactSet Research following earnings announcement.
Wells Fargo analyst Jason Haas maintained FactSet Research with an Underweight rating and raised the price target from $200 to $210.
Morgan Stanley analyst Toni Kaplan maintained the stock with an Equal-Weight rating and raised the price target from $228 to $230.
BMO Capital analyst Jeffrey Silber maintained FactSet Research with a Market Perform and raised the price target from $257 to $275.
Evercore ISI Group analyst David Motemeden maintained the stock with an In-Line rating and raised the price target from $265 to $275.
Wolfe Research analyst Scott Wurtzel maintained FactSet Research with an Underperform rating and raised the price target from $225 to $240.
UBS analyst Alex Kramm maintained the stock with a Buy and lowered the price target from $380 to $340.
Deutsche Bank analyst Faiza Alwy maintained the stock with a Hold and raised the price target from $275 to $280.
B of A Securities analyst Curtis Nagle maintained FactSet Research with an Underperform rating and raised the price target from $205 to $210.
Considering buying FDS stock? Here’s what analysts think: Photo via Shutterstock