FactSet Stock Declines 1.02% Following BCC Group Acquisition and Q3 Results

Key Facts

1FactSet announced the acquisition of BCC Group International, a software developer specializing in cloud-native market data distribution.

2FactSet reported a 6.40% increase in fiscal Q3 revenue, reaching USD 622.90 million.

3Jefferies raised its price target for FactSet stock to USD 285.00 despite the immediate price drop.

FactSet announced the acquisition of BCC Group International, a software developer specializing in cloud-native market data distribution, according to a company statement. The firm reported a 6.40% increase in fiscal Q3 revenue, reaching $622.90 million, though its share price declined 1.02% following the announcement.

FDS closed at $267.67 on September 28, 2026, with the session seeing a low of $264.66 and a high of $271.51. Jefferies raised its price target for FactSet stock to $285.00, signaling a positive long-term outlook despite the immediate market reaction to the acquisition and the latest quarterly financial results.