William Blair analyst Andrew Nicholas has maintained their neutral stance on FDS stock, giving a Hold rating today.
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Andrew Nicholas has given his Hold rating due to a combination of factors tied to FactSet’s recent performance and outlook. The company posted second-quarter revenue ahead of expectations and modest EPS upside, and management raised full-year guidance, but higher operating costs offset much of the top-line beat, keeping margins and operating income roughly in line with forecasts.
He also sees encouraging signs in accelerating ASV growth, strong adoption of AI-enabled solutions across major client segments, and rising enterprise demand for the MCP data platform, which together support a constructive fundamental view. At the same time, the balance of stronger growth against expense pressure and an already solid share-price reaction leads him to conclude the risk/reward profile is fairly even, warranting a Hold rather than a more aggressive rating at this stage.
In another report released today, Morgan Stanley also maintained a Hold rating on the stock with a $228.00 price target.