FactSet Research Systems' AI Momentum Adds to Annual Subscription Value Growth, UBS Securities Says

11:58 AM EDT, 10/01/2026 (MT Newswires) -- FactSet Research Systems' (FDS) AI products are adding to annual subscription value growth, as near-term trends and margin improvement are expected to drive the stock higher, UBS Securities said in a note Wednesday. Client adoption of AI products is growing and contributing to sales markedly, as over 10% of ASV added in the last two quarters originated from AI-enabled offerings, according to the note. The brokerage lowered its fiscal 2027 earnings per share outlook to $19.51 from $19.53, but lifted its fiscal 2028 forecast to $21.47 from $21.02 on higher revenue and margin. UBS Securities reiterated its buy rating on the stock and price target of $340 per share. FactSet Research Systems shares were up 2.1% in Thursday trading. Price: 276.71, Change: +6.76, Percent Change: +2.50