Anticipation is building around FactSet Research Systems Inc.'s upcoming first-quarter earnings report, prompting leading financial analysts on Wall Street to adjust their projections for the company's performance. As the December 18th release date nears, investors are closely watching how these revised expectations might influence the market's perception of the financial data and analytics provider.
FactSet, headquartered in Norwalk, Connecticut, is slated to disclose its quarterly results prior to the market's open. The consensus among analysts is that the firm will announce earnings of $4.37 per share for the quarter. This figure mirrors the earnings per share reported in the corresponding period of the previous year. Furthermore, the company's quarterly revenue is forecasted to reach $600.45 million, an increase from the $568.67 million recorded last year.
A notable development in the lead-up to this earnings announcement was FactSet's own guidance issued on September 18th, wherein the company projected its fiscal year 2026 earnings per share to be below prior market estimates. Following this, the company's shares experienced a slight uptick, closing at $293.00 on Tuesday, representing a 0.3% increase.
Several prominent analysts have recently updated their ratings and price targets for FactSet. On December 5, 2025, Wells Fargo's Jason Haas reiterated an Underweight rating, lowering the price target from $296 to $260. Conversely, UBS analyst Alex Kramm upgraded the stock from Neutral to Buy on September 22, 2025, although simultaneously reducing the price target from $480 to $425. Other adjustments include BMO Capital's Jeffrey Silber maintaining a Market Perform rating and cutting the target from $452 to $324, Morgan Stanley's Toni Kaplan keeping an Underweight rating and dropping the target to $293, and Stifel's Shlomo Rosenbaum upholding a Hold rating while reducing the target from $464 to $372. These varied revisions underscore a mixed sentiment among financial experts regarding FactSet's near-term trajectory.
The collective revisions from financial experts signal a period of recalibration for FactSet's stock, as the market processes both internal guidance and external analytical perspectives. The upcoming earnings report will be crucial in validating or further shifting these expectations, providing clarity on the company's financial health and future prospects within the competitive financial data industry.