-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month target price by $35 to $160, 22.3x our FY 27 (Jun.) EPS estimate, above peers, reflecting JKHY's resilient recurring revenue business model. We increase our FY 26 EPS view by $0.15 to $6.84 and FY 27's by $0.19 to $7.19 on respective revenue forecasts of $2.53B (+7%) and $2.68B (+6%). Bolstered by its strongest Mar-Q for new core wins in seven years (17 competitive core wins), JKHY raised its full-year fiscal 2026 guidance for both revenue and EPS. We think momentum will be fueled by significant traction in new SMB-focused solutions like Tap2Local and tangible productivity gains from internal AI initiatives. Management expressed high confidence in capitalizing on competitor uncertainty, positioning the company for sustained market share gains in the evolving financial technology landscape. While the company guided for a softer fourth quarter due to expense timing and tougher comparisons, the primary challenge ahead will be successfully executing on the large influx of new business.