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Stocks•1 July 2026•

1 min read

FactSet Price Target Raised as Q3 Earnings Beat Market Estimates

Key Facts

1Stifel Nicolaus analyst raised FactSet's price target to $254.00 from $248.00.

2FactSet reported Q3 adjusted earnings of $4.53 per share, a 6.1% year-over-year increase.

3Company revenue grew 6.4% to $622.92 million, beating market expectations.

In a move reflecting the fintech sector's resilience amid market volatility, FactSet announced strong Q3 fiscal 2026 results that surpassed analyst estimates. The company reported adjusted earnings of $4.53 per share, a 6.1% year-over-year increase, while revenue grew 6.4% to reach $622.92 million. Following this performance, Stifel Nicolaus analysts raised their price target for the stock to $254.00 from $248.00.

The growth was primarily driven by a robust subscription model and a client retention rate exceeding 95%, alongside strategic AI initiatives including a partnership with Google Cloud. In comparison to peers, FactSet demonstrated superior margin stability; while competitor MSCI Inc reported a 14.7% revenue increase in its latest quarter per market data, FactSet remains a favorite for investors seeking steady cash flows from recurring subscriptions.

Traders are now monitoring the new price target level of $254.00, focusing on revenue sustainability within the current inflationary environment. On the economic front, markets are awaiting the release of the U.S. Core PCE Price Index on June 25, 2026, which serves as a major catalyst for growth and fintech stocks sensitive to interest rate expectations.