These Analysts Slash Their Forecasts On FactSet Research After Q1 Results

Core Insights - FactSet Research Systems Inc. reported first-quarter sales of $607.6 million, exceeding analyst expectations of $600.5 million, marking a 6.9% year-over-year increase [1] - The company achieved adjusted earnings per share of $4.51, surpassing the consensus estimate of $4.37 [1] Financial Performance - The fiscal 2026 guidance includes projected adjusted EPS of $16.90–$17.60, compared to the consensus of $17.38, and sales expectations of $2.423 billion–$2.448 billion, against a consensus of $2.442 billion [2] - FactSet anticipates organic ASV growth of $100 million-$150 million and an adjusted operating margin of 34.0% to 35.5% [2] Market Reaction - Following the earnings announcement, FactSet Research shares increased by 4.6% to $286.00 [3] - Analysts adjusted their price targets for FactSet Research, with Stifel maintaining a Hold rating and lowering the target from $372 to $295, while Goldman Sachs maintained a Sell rating and reduced the target from $282 to $253 [4]