FactSet falls as Wells Fargo cuts PT on rising AI‑driven competition

FactSet Research Systems

17/02/2026 17:10

** Shares of data analytics firm FactSet Research FDS.N fall 7.6% to $190.15

** Wells Fargo cuts PT on FDS to $195 from $215, implying a 5.2% downside to stock's last close

** Says while business momentum is strong and should continue given a supportive capital markets backdrop, it remains concerned about rising competition

** AI has lowered barriers to entry to building competing products, and we see risk that margin compression could persist beyond 2026 as FDS makes investments to maintain its edge - Wells Fargo

** 3 of 20 analysts rate stock "buy", 12 "hold" and 5 "sell" or "strong sell"; median PT is $305 - data compiled by LSEG

** Including session's moves, FDS down 58.3% in the last 12 months

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))