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FactSet Research Systems Inc.

Recommendation Details

PortfolioMegacap

DateNov 12, 2026

ForecastQ Daily Probabilities

35.3%

48.3%

19.2%

Company Description

FactSet Research Systems Inc. is a financial intelligence firm providing a comprehensive suite of integrated data and analytical software. The company serves the global investment community, with its operations spanning the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. FactSet delivers critical insights and information through specialized workflow solutions covering research, analytics, and trading, complemented by its content, technology platforms, and wealth management resources. Its diverse clientele includes portfolio managers, investment banks, asset managers, wealth advisors, corporate entities, and various other financial sector organizations. FactSet was established in 1978 and is headquartered in Norwalk, Connecticut.

Recent News & Events

Investor Day FY29 outlook below consensus and cautious FY27 ASV deceleration weigh on sentiment, partially offset by reaffirmed guidance, new AI partnership, and dividend confirmation.

Investor Day / Guidance

Investor Day sets FY29 outlook below consensus

FactSet's first Investor Day under CEO Sanoke Viswanathan outlined a medium-term algorithm of ~6% organic revenue CAGR, at least 36% adjusted operating margin by FY29, ~10% adjusted EPS CAGR, and >90% FCF conversion, while reaffirming FY27 guidance. The FY29 targets came in below consensus and the stock fell ~4% on the day, signaling near-term negative sentiment around decelerating growth.

GlobeNewswire (Company Press Release)

Partnership Ann.

FactSet becomes lead investor in geniosAI

FactSet became lead investor and partner in geniosAI to build AI-driven tools for institutional finance, plugging its datasets into geniosAI's LLM platform for portfolio research and risk analysis. The deal supports the AI growth narrative (AI SKUs >10% of new ASV) but adds execution risk amid crowded AI analytics competition.

Simply Wall St News

Guidance Reaffirmation / Dividend

FY27 outlook reaffirmed; dividend confirmed

FactSet reaffirmed FY27 guidance (organic ASV growth 5.0-6.5%, revenue $2,600-2,625M, adjusted EPS $19.25-19.65) and confirmed a regular quarterly dividend. Guidance is described as "higher and tighter" than prior years, though the ASV range represents a declared deceleration from the 7% just delivered, keeping the fair-value debate active.

Yahoo Finance

Analyst Rating / Price Target

Wells Fargo raises PT to $290, keeps Underweight

Wells Fargo raised its FactSet price target to $290 from $250 on AI-driven data usage but maintained an Underweight rating, citing rising long-term competition as AI lowers barriers to entry. The mixed signal (higher PT, negative rating) offers limited near-term directional support.

Investing.com

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Company Information