William Blair analyst Andrew Nicholas has maintained their neutral stance on FDS stock, giving a Hold rating on September 12.
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Andrew Nicholas’s rating is based on a combination of factors including FactSet Research’s recent financial performance and future outlook. The company’s fiscal fourth-quarter revenue exceeded expectations, but this was overshadowed by higher-than-anticipated expenses, which resulted in misses on adjusted operating income, margin, and EPS. Despite a positive organic ASV growth rate, the full-year guidance was below consensus, indicating a cautious approach by management in a challenging market environment.
Additionally, while there was notable ASV growth in various segments, including wealth and asset management, the uncertainty surrounding future margins due to increased investment spending in fiscal 2026 has contributed to a more conservative outlook. These elements, combined with the company’s strategic investment ramp-up, have led to a Hold rating, reflecting a balanced view of potential risks and opportunities.
In another report released on September 12, Redburn Atlantic also upgraded the stock to a Hold with a $370.00 price target.