Jack Henry Beats Q4 Estimates, Analysts Raise Price Targets

Jack Henry & Associates reported better-than-expected fourth-quarter financial results after Tuesday's close and issued above-consensus FY27 GAAP EPS guidance.

Jack Henry & Associates reported quarterly EPS of $1.57, surpassing the consensus estimate of $1.46. The company's sales reached $644.023 million, exceeding the expected $630.835 million.

Jack Henry & Associates said FY2027 GAAP EPS guidance is $7.33-$7.38, above the consensus estimate of $7.26. The company's adjusted sales guidance is $2.659 billion-$2.684 billion, below the expected $2.678 billion.

CEO and President Greg Adelson said: "We are very pleased to report record sales and financial results for fiscal 2026. We achieved a record 58 competitive core customer wins for the year, including 14 institutions with over $1 billion in assets, and set new highs for non-GAAP revenue in both the fourth quarter and full year. Technology spending remains strong, as reflected in our robust sales pipeline, and we continue to deliver innovative solutions and expand our use of artificial intelligence to help banks and credit unions win in the markets they serve. As we enter fiscal 2027, we are well positioned to continue driving sustained revenue growth, margin expansion, and long-term value creation through our unwavering focus on culture, service, innovation, strategy, and execution."

Jack Henry shares rose 1.8% on Thursday, trading at $165.97.

These analysts adjusted their price targets on Jack Henry following the earnings release.

RBC Capital analyst Daniel R. Perlin maintained an Outperform rating on the stock and raised the price target from $173 to $178.

Barclays analyst Nik Cremo maintained an Overweight rating and raised the price target from $170 to $185.

UBS analyst Timothy Chiodo maintained a Neutral rating and raised the price target from $165 to $170.

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