SS&C Technologies Holdings (SSNC)
NASDAQ:SSNC
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SS&C Technologies Holdings
(NASDAQ:SSNC)
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Rating:68Neutral
Price Target:
$73.00
▲(4.29% Upside)
Action:DowngradedDate:02/07/26
The score is driven primarily by strong financial performance (steady growth and improving free cash flow) and a largely positive earnings call with constructive 2026 guidance and capital returns. These positives are partially offset by weak technicals (price below key moving averages with negative momentum) and only mid-range valuation support.
Positive Factors
Recurring, mission-critical revenue
SS&C's revenue mix is heavily weighted to software subscriptions, maintenance and multi-year outsourced administration contracts. Those mission-critical, high-switching-cost offerings create durable recurring revenue, steady renewal rates and predictable cash flows that support long-term margin stability.
Negative Factors
Lumpy, weak healthcare segment
Healthcare's variable contract timing and uneven sales cadence reduce revenue predictability and can depress near-term organic growth and margins. Over months, this lumpy performance complicates forecasting and makes the company's aggregate growth dependent on volatile, large-license wins.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring, mission-critical revenue
SS&C's revenue mix is heavily weighted to software subscriptions, maintenance and multi-year outsourced administration contracts. Those mission-critical, high-switching-cost offerings create durable recurring revenue, steady renewal rates and predictable cash flows that support long-term margin stability.
Read all positive factors
SS&C Technologies Holdings (SSNC) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$16.71B
Dividend Yield1.17%
Average Volume (3M)2.64M
Price to Earnings (P/E)26.8
Beta (1Y)0.79
Revenue Growth6.67%
EPS Growth21.21%
CountryUS
Employees26,800
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)1.69
Shares Outstanding241,505,300
10 Day Avg. Volume2,277,658
30 Day Avg. Volume2,638,495
Financial Highlights & Ratios
PEG Ratio4.87
Price to Book (P/B)3.10
Price to Sales (P/S)3.40
P/FCF Ratio12.83
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue3.34
Enterprise Value/Gross Profit6.94
Enterprise Value/Ebitda9.97
Forecast
1Y Price Target
$100.50Price Target Upside43.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)6.86
Revenue Forecast (FY)$6.72B
SS&C Technologies Holdings Business Overview & Revenue Model
Company Description
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting...
How the Company Makes Money
SS&C primarily makes money by selling mission-critical software and technology-enabled services that financial and healthcare organizations use to run day-to-day operations. Its revenue model is largely recurring and comes from several key streams...
SS&C Technologies Holdings Key Performance Indicators (KPIs)
Any
Revenue by Geography
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Breaks down revenue across different regions, revealing where the company is strongest and where it may face risk or growth potential due to local economic conditions or market share shifts.
Data provided by:
The Fly
The FlySS&C Technologies Holdings Earnings Call Summary
Earnings Call Date:Feb 05, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 23, 2026
Earnings Call Sentiment Positive
The call conveyed multiple strong financial achievements — record adjusted revenue, EPS, EBITDA, robust organic growth in key segments, and materially improved operating cash flow with aggressive share repurchases. Management emphasized a durable moat, AI-driven opportunities, and a prioritized buyback strategy. Counterbalancing these positives were specific near-term operational challenges: a weak/lumpy healthcare quarter, some timing-related softness in the intelligent automation business, and a relatively high net debt position. There was also a notable discrepancy in the published full-year revenue range that could create short-term clarity issues for investors. On balance, the positives (record results, strong cash generation, clear capital return actions, and constructive guidance) materially outweigh the lowlights.Positive Updates
Record Q4 Adjusted Revenue and EPS
Adjusted Q4 revenue of $1.655 billion, up 8% year-over-year; adjusted diluted EPS of $1.69, up 18% year-over-year.
Negative Updates
Healthcare Business Weakness and Lumpy Sales
Healthcare showed organic weakness in its seasonally strongest quarter; growth is lumpy and timing-dependent (notable multimillion-dollar license closed in early January 2026), and management acknowledged the business has not accelerated as quickly as hoped despite long-term opportunity.
Read all updates
Q4-2025 Updates
Positive
Negative
Record Q4 Adjusted Revenue and EPS
Adjusted Q4 revenue of $1.655 billion, up 8% year-over-year; adjusted diluted EPS of $1.69, up 18% year-over-year.
Read all positive updates
Company Guidance
SS&C guided Q1 2026 revenue of $1.608–$1.648 billion (≈5% organic growth at the midpoint), adjusted net income of $404–$420 million, interest expense (ex-amortization/OID) of $102–$104 million, diluted shares of 249.2–250.2 million and adjusted diluted EPS of $1.62–$1.68; for full-year 2026 they guided revenue of roughly $6.14–$6.654 billion with ~5.1% organic growth at the midpoint, targeted annual EBITDA expansion of 50 basis points and a Q4 EBITDA margin goal of 40%, adjusted net income of $1.662–$1.762 billion, adjusted diluted EPS of $6.70–$7.02 (≈12% growth at the midpoint), operating cash flow of $1.713–$1.813 billion (over 100% cash conversion), an adjusted effective tax rate of ~22.5%, capital expenditures of 4.4–4.8% of revenue, and share buybacks/debt-reduction levels similar to 2025.SS&C Technologies Holdings Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
72
Positive
Cash Flow
80
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.27B | 5.88B | 5.50B | 5.28B | 5.05B |
| Gross Profit | 3.02B | 2.86B | 2.65B | 2.52B | 2.41B |
| EBITDA | 2.10B | 2.04B | 2.00B | 1.86B | 1.91B |
| Net Income | 796.90M | 760.50M | 607.10M | 650.20M | 800.00M |
Balance Sheet | |||||
| Total Assets | 20.71B | 19.04B | 18.10B | 16.65B | 17.33B |
| Cash, Cash Equivalents and Short-Term Investments | 3.57B | 3.37B | 432.20M | 440.10M | 564.00M |
| Total Debt | 7.65B | 7.18B | 6.92B | 7.32B | 6.22B |
| Total Liabilities | 13.77B | 12.44B | 11.70B | 10.55B | 11.11B |
| Stockholders Equity | 6.89B | 6.53B | 6.34B | 6.04B | 6.17B |
Cash Flow | |||||
| Free Cash Flow | 1.66B | 1.33B | 963.60M | 926.00M | 1.29B |
| Operating Cash Flow | 1.74B | 1.39B | 1.22B | 1.13B | 1.43B |
| Investing Cash Flow | -1.33B | -855.70M | -268.40M | -1.76B | -148.20M |
| Financing Cash Flow | -221.70M | -152.30M | 712.80M | -1.18B | 556.70M |
SS&C Technologies Holdings Technical Analysis
Neutral
70.00
Price Trends
71.73
Negative
78.83
Negative
81.89
Negative
Market Momentum
-1.09
Negative
49.71
Neutral
57.25
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SSNC, the sentiment is Neutral. The current price of 70 is above the 20-day moving average (MA) of 68.96, below the 50-day MA of 71.73, and below the 200-day MA of 81.89, indicating a neutral trend. The MACD of -1.09 indicates Negative momentum. The RSI at 49.71 is Neutral, neither overbought nor oversold. The STOCH value of 57.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SSNC.
SS&C Technologies Holdings Risk Analysis
SS&C Technologies Holdings disclosed 42 risk factors in its most recent earnings report. SS&C Technologies Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
SS&C Technologies Holdings Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $10.51B | 49.66 | 12.92% | ― | 22.80% | 198.93% | |
71 Outperform | $13.62B | 61.99 | 8.73% | ― | 10.62% | 31.43% | |
71 Outperform | $6.49B | 19.61 | 26.06% | 0.94% | 9.72% | -2.69% | |
71 Outperform | $10.10B | 41.10 | 16.89% | ― | 20.82% | 41.82% | |
68 Neutral | $16.71B | 26.80 | 11.57% | 1.17% | 6.67% | 21.21% | |
66 Neutral | $10.83B | 458.50 | 2.30% | ― | 19.21% | 75.32% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
* Technology Sector Average
SSNC
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.