Jack Henry & Associates' (JKHY) fiscal 2027 guidance points to steady revenue growth and improving margins through the year, UBS said in a note Wednesday.
The company expects 2027 revenue of $2.68 billion to $2.71 billion, with operating margin of 24.5% to 24.7%.
UBS said revenue growth should ramp gradually through 2027, while tougher margin comparisons in the first half are expected to ease in the second half.
UBS said that Jack Henry delivered a record 58 competitive core wins in 2026, including 14 from institutions with more than $1 billion in assets, while management highlighted a robust sales pipeline entering 2027.
UBS maintained the company's neutral rating and raised its price target to $170 from $165.
Price: $165.62, Change: $+2.56, Percent Change: +1.57%