SS&C Technologies (NASDAQ:SSNC – Get Free Report) had its price target cut by equities research analysts at Needham & Company LLC from $95.00 to $90.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s target price would suggest a potential upside of 28.46% from the stock’s previous close.
SSNC has been the subject of several other research reports. DA Davidson reduced their price objective on shares of SS&C Technologies from $106.00 to $96.00 and set a “buy” rating for the company in a research note on Friday, April 17th. Weiss Ratings lowered shares of SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, April 7th. Jefferies Financial Group reduced their price objective on shares of SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research note on Tuesday. Wall Street Zen raised shares of SS&C Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of SS&C Technologies in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, SS&C Technologies has an average rating of “Moderate Buy” and a consensus target price of $97.50.
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SS&C Technologies Stock Down 0.9%
SS&C Technologies (NASDAQ:SSNC – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The technology company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.04. SS&C Technologies had a net margin of 12.70% and a return on equity of 19.60%. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the business earned $1.44 EPS. SS&C Technologies’s quarterly revenue was up 8.8% compared to the same quarter last year. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. Sell-side analysts anticipate that SS&C Technologies will post 6.2 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. National Pension Service increased its holdings in shares of SS&C Technologies by 27.2% during the 3rd quarter. National Pension Service now owns 186,824 shares of the technology company’s stock worth $16,582,000 after purchasing an additional 39,984 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of SS&C Technologies by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock worth $68,147,000 after purchasing an additional 22,547 shares during the period. Cibc World Market Inc. bought a new position in shares of SS&C Technologies during the 3rd quarter worth about $1,414,000. Davis Capital Management bought a new position in shares of SS&C Technologies during the 3rd quarter worth about $1,064,000. Finally, St. James Investment Company LLC bought a new position in shares of SS&C Technologies during the 3rd quarter worth about $19,485,000. Institutional investors own 96.90% of the company’s stock.
SS&C Technologies News Roundup
Here are the key news stories impacting SS&C Technologies this week:
- Positive Sentiment: Q1 results: SS&C reported adjusted EPS of $1.69 (beat) and revenue of $1.65B, up 8.8% year-over-year — solid core growth and margin metrics that justify the earnings beat. SS&C Technologies Releases Q1 2026 Financial Results
- Positive Sentiment: Q2 EPS guidance: Management set Q2 FY26 EPS at $1.64–$1.70, slightly above consensus — this provides some near-term earnings visibility. Q1 Press Release / Slide Deck
- Neutral Sentiment: Earnings call/transcripts and analyst snapshots are available for detail on segment performance and margin drivers; these provide context but no headline surprises. Earnings Call Transcript
- Neutral Sentiment: Analyst coverage roundup and metric comparisons highlight the beat but call out mixed line-item performance — useful for modeling but not a clear directional catalyst. Zacks Metrics vs Estimates
- Negative Sentiment: Revenue guidance range of $1.6B–$1.7B sits below the street midpoint and may be viewed as conservative/light, which likely pressured the stock. MarketBeat Earnings Summary
- Negative Sentiment: Analyst action: Jefferies trimmed its price target to $92, signaling reduced upside from prior expectations. Jefferies Lowers Price Target
- Negative Sentiment: Insider/third?party flags: Reports cite a large insider sale (Normand Boulanger) and some third?party data showing differing EPS/cash metrics — items that can spook near?term investors. QuiverQuant Q1 Coverage
SS&C Technologies Company Profile
SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.
SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.
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