Barclays has revised its outlook on FactSet Research Systems Inc. (FDS), cutting its price target to $210 while retaining an 'Underweight' rating. This decision stems from mounting investor apprehension regarding the disruptive influence of artificial intelligence within the fiercely competitive financial market data industry. This move aligns with similar cautious stances adopted by other leading financial institutions. FactSet, established in 1978, is a renowned provider of integrated financial data and analytical solutions tailored for investment professionals.
On February 20, 2026, Barclays analyst Manav Patnaik initiated the target price adjustment for FactSet Research Systems Inc. (NYSE:FDS), lowering it from $300 to $210. The primary justification for this downgrade was the increasing investor unease, largely fueled by the rapid advancements in AI technology, which is intensifying competition in the already crowded market data vendor landscape.
Adding to the cautious sentiment, Wells Fargo analyst Jason Haas, CFA, on February 17, 2026, reiterated a 'Sell' rating for FactSet, setting a price target of $195. Concurrently, Bank of America analyst Wahid Amid reinstated coverage on FactSet Research Systems Inc. (NYSE:FDS), assigning an 'Underperform' rating with an identical price target of $195. These assessments were part of a broader re-evaluation by Bank of America of 19 Information and Business Services stocks. Despite a generally positive outlook on the sector, analysts anticipate average revenue performance for FactSet within this context.
In a separate development, FactSet announced a quarterly cash dividend of $1.10 per share on February 5, 2026. This dividend is scheduled for payment on March 19, 2026, to shareholders recorded as of February 27, 2026.
FactSet Research Systems Inc., headquartered in Connecticut, has been a key player in providing sophisticated financial data and analytical software to investment professionals since its inception in 1978.
While the investment potential of FactSet is recognized, the prevailing analyst sentiment suggests a cautious approach. The heightened competition from AI and the competitive market environment are significant factors contributing to the revised price targets and ratings. Investors might consider exploring other AI-related investment opportunities that potentially offer higher growth prospects with reduced risk.