FactSet Research Systems Inc. (NYSE:FDS) on Wednesday posted third-quarter earnings and revenue 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:

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