Cautious Hold Rating for Factset Research Amid Mixed Financial Performance and Modest Growth Outlook

Wells Fargo analyst Jason Haas CFA maintained a Hold rating on Factset Research (FDS – Research Report) yesterday and set a price target of $450.00.

Jason Haas CFA has given his Hold rating due to a combination of factors related to Factset Research’s recent financial performance and outlook. The company reported earnings per share that slightly exceeded market expectations, but its organic annual subscription value (ASV) growth was below consensus estimates. This mixed performance indicates a stable but not overly impressive growth trajectory.
Furthermore, while Factset’s revenue figures were slightly above expectations, the operating income margin showed a year-over-year contraction. The company’s guidance for the full year suggests confidence in a stronger performance in the latter half, yet the anticipated growth rates remain modest. These elements collectively suggest a cautious approach, justifying the Hold rating as investors await clearer signs of accelerated growth.

FDS’s price has also changed slightly for the past six months – from $465.910 to $430.930, which is a -7.51% drop .