FactSet rises as Anthropic develops new AI tools jointly with firm

FactSet Research Systems

24/02/2026 15:19

** Shares of financial data provider FactSet Research Systems FDS.N rise 3.4% to $196.65

** Artificial intelligence startup Anthropic on Tuesday unveiled 10 new ways for business customers to plug in its technology to key areas of their work, weeks after its legal plug-in spurred market rout

** Anthropic said its new plug-ins were developed jointly with partners, among them FactSet FDS.N

** Info services stocks have been hit hard over the past 12 months amid heightened investor concerns that AI could upend their business models

** Investor concern on the proprietary nature of FactSet's database has also remained an overhang on the stock, analysts have said

** FDS has said more than 90% of its annual subscription value is underpinned by proprietary advantages

** Three of 20 brokerages rate the stock "buy", 12 "hold" and five "sell" or lower; median PT $305 - data compiled by LSEG

** FDS stock has slumped 57.3% in past 12 months

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))