FactSet climbs after lifting 2026 outlook

FactSet Research Systems

31/03/2026 13:40

** Shares of financial data provider Factset Research Systems Inc FDS.N up 1.6% at $208 premarket

** Co sees fiscal 2026 adj. EPS between $17.25 and $17.75, up from its prior forecast of $16.90 to $17.60

** Co also raised its annual revenue outlook to between $2.45 billion and $2.47 billion, up from $2.42 billion to $2.45 billion

** Co cites higher demand from wealth management clients

** Co posts Q2 revenue of $611 mln, below analyst estimates of $604.7 mln; adj EPS of $4.46 above consensus of $4.38 - data compiled by LSEG

** Three out of 20 analysts rate stock " strong buy," 12 rate it "hold", five rate it "sell" or higher; median PT at $305 - data compiled by LSEG

** As of last close, FDS stock down 29.5% YTD vs a 7.3% fall in the S&P 500 .SPX

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))