FactSet Target Raised to $375 at UBS Following Alternative Data Deal
UBS has raised its price target on FactSet Research Systems to $375 while maintaining a Buy rating, following the company's new alternative data integration with Carbon Arc.
UBS analyst Alex Kramm raised the price target on FactSet Research Systems to $375.00 from $340.00 on November 11, 2026. The change represents a 10.29% increase from the prior objective, and UBS maintained its Buy rating on the financial data provider. The adjustment reflects positive expectations regarding the company's growth and its ability to defend its market standing in data and analytics.
The rating update arrived just after FactSet expanded its product offerings by partnering with Carbon Arc. Through the arrangement, FactSet added more than 500 alternative data assets from over 60 providers to its Workstation and Model Context Protocol framework. The service is being made available as an optional add-on for clients. FactSet serves more than 9,200 clients and over 260,000 individual users across 20 countries, though the release did not share financial terms, pricing, or revenue forecasts for the add-on.
This new integration follows additional efforts by FactSet to incorporate private markets data into its analytics systems, including partnerships with Hamilton Lane and Nasdaq Private Market. Over the past 12 months, the company's stock has risen 27.1%, despite having experienced a 21.2% drop over a five-year stretch.
Other analysts hold differing views on the shares. Stifel previously maintained a Hold rating while raising its price target on the stock from $292 to $325. Meanwhile, valuation models and metrics reported by GuruFocus suggest the equity has traded at a discount. GuruFocus calculated a GF Value of $507.26 alongside a trailing price-to-earnings ratio of 23.01x, well below the company's five-year median ratio of 33.5x. Institutional interest has remained positive, with seven investment gurus recently adding to holdings and only one reducing shares.