Movement Alert|FactSet Research Intraday Rise 5.03% in Regular Trading, analysts lifted price targets after strong quarterly results

Market Focus10-15

On October 15, FactSet Research rose 5.03% in Regular Trading, trading at $304.32 per share, with turnover of $21.8672 million.

The latest clear catalyst was a recent analyst target increase: BMO Capital raised its price target to $314 from $300 on October 13. That followed another bullish move earlier in the month, when Autonomous Research lifted its target to $393 and maintained an outperform rating, reinforcing improved valuation sentiment around the stock.

The backdrop for those revisions was FactSet Research’s fiscal fourth-quarter report released on September 30. Adjusted EPS came in at $4.52 versus expectations of $4.33 to $4.35, while revenue reached $634.7 million, above the roughly $629.8 million consensus. Although fiscal 2027 guidance was roughly in line to slightly below expectations, subsequent commentary pointed to AI monetization momentum, enterprise contract adoption, and margin expansion potential.

Recent business updates also supported the narrative. On October 8, the company said it expanded its partnership with Scotia Wealth Management, extending integration of its unified research and intelligence platform into advisor and investment platforms.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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