Top Wall Street Forecasters Revamp FactSet Research Expectations Ahead Of Q1 Earnings

Group 1 - FactSet Research Systems Inc. is set to release its first-quarter earnings results on December 18, with expected earnings of $4.37 per share, unchanged from the previous year [1] - The consensus estimate for quarterly revenue is $600.45 million, an increase from last year's revenue of $568.67 million [1] - On September 18, FactSet issued FY2026 EPS guidance that was below estimates, leading to a slight increase in share price by 0.3% to close at $293.00 [2] Group 2 - Analysts have varied opinions on FactSet's stock, with Wells Fargo maintaining an Underweight rating and lowering the price target from $296 to $260 [3] - UBS upgraded the stock from Neutral to Buy but reduced the price target from $480 to $425 [3] - BMO Capital maintained a Market Perform rating and cut the price target from $452 to $324, while Morgan Stanley and Stifel also adjusted their ratings and price targets downward [3]