Seaport Global Initiates Jack Henry Coverage with Buy Rating and $193 Target

Key Facts

1Seaport Global initiated coverage on Jack Henry & Associates with a buy rating and a $193.00 price target.

2The firm projects a 7.1% revenue increase and 9.4% adjusted EBITDA growth for FY26.

Seaport Global initiated coverage on Jack Henry & Associates with a buy rating and a $193.00 price target. The firm projects a 7.1% revenue increase and 9.4% adjusted EBITDA growth for the 2026 fiscal year. According to a report from TradingView, the initiation is driven by the company's strategic focus on moving upmarket and leveraging its private cloud and artificial intelligence capabilities.

JKHY closed at $147.79 on September 25, 2026, implying a potential upside of approximately 30% relative to the new price target. During the September 25, 2026 session, the stock reached a high of $148.31 and a low of $146.52. The company’s investment profile is further supported by a history of 22 consecutive years of dividend increases.