SS&C Technologies (NASDAQ:SSNC) Price Target Lowered to $96.00 at DA Davidson

Key Points

• DA Davidson cut its price target on SS&C from $106 to $96 but kept a "buy" rating, implying roughly a 33% upside from the stock's current level.
• SS&C beat Q4 estimates with $1.69 EPS (vs. $1.62) and $1.65B revenue (up 8.1% year-over-year), and issued Q1 2026 guidance of 1.62–1.68 EPS and FY2026 guidance of 6.70–7.02 EPS.
• Institutional ownership is very high at about 96.9%, driven by large position changes (notably Bank of Montreal's large stake increase), while the stock trades near $72 with a $17.34B market cap and a ~23x PE.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) had its price objective cut by research analysts at DA Davidson from $106.00 to $96.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the technology company's stock. DA Davidson's target price indicates a potential upside of 33.28% from the company's current price.

A number of other brokerages also recently weighed in on SSNC. Raymond James Financial reiterated a "strong-buy" rating on shares of SS&C Technologies in a report on Wednesday, January 21st. Wall Street Zen upgraded SS&C Technologies from a "hold" rating to a "buy" rating in a report on Saturday, April 11th. Needham & Company LLC decreased their price target on SS&C Technologies from $105.00 to $95.00 and set a "buy" rating for the company in a report on Friday, February 6th. Finally, Weiss Ratings downgraded SS&C Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $99.75.

SS&C Technologies Trading Up 1.0%

SSNC stock traded up $0.73 during trading on Friday, hitting $72.03. The company had a trading volume of 1,068,737 shares, compared to its average volume of 2,409,887. The business has a 50-day moving average of $71.41 and a 200-day moving average of $80.37. SS&C Technologies has a one year low of $65.05 and a one year high of $91.07. The stock has a market cap of $17.34 billion, a PE ratio of 22.76 and a beta of 1.19. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.07.

SS&C Technologies (NASDAQ:SSNC - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The technology company reported $1.69 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.07. 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 for the quarter, compared to analysts' expectations of $1.62 billion. During the same quarter in the prior year, the firm posted $1.58 earnings per share. The business's quarterly revenue was up 8.1% compared to the same quarter last year. SS&C Technologies has set its Q1 2026 guidance at 1.620-1.680 EPS and its FY 2026 guidance at 6.700-7.020 EPS. Research analysts predict that SS&C Technologies will post 5.35 earnings per share for the current fiscal year.

Institutional Trading of SS&C Technologies

Several large investors have recently made changes to their positions in SSNC. Bank of Montreal Can grew its stake in shares of SS&C Technologies by 4,424.6% in the 4th quarter. Bank of Montreal Can now owns 5,126,190 shares of the technology company's stock valued at $448,132,000 after buying an additional 5,012,893 shares during the period. Norges Bank acquired a new stake in shares of SS&C Technologies in the 4th quarter valued at about $242,846,000. Lyrical Asset Management LP acquired a new stake in shares of SS&C Technologies in the 4th quarter valued at about $220,573,000. Alliancebernstein L.P. lifted its position in SS&C Technologies by 503.0% in the 3rd quarter. Alliancebernstein L.P. now owns 1,261,559 shares of the technology company's stock valued at $111,976,000 after acquiring an additional 1,052,331 shares in the last quarter. Finally, Junto Capital Management LP bought a new position in SS&C Technologies in the 3rd quarter valued at about $89,281,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

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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