Overview
DA Davidson has reaffirmed its Buy rating on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) and left a price target of $106.00 in place following the company’s most recent quarterly report. The financial technology firm posted fourth-quarter results that outperformed both DA Davidson’s internal projections and the consensus street estimates.
Quarterly performance
SS&C reported total revenue that was 2% higher than DA Davidson’s forecast and the consensus estimate. Adjusted earnings per share for the period came in 6% above the analyst’s projection. The company continues to show healthy profitability, with gross profit margins reported at 48.17% and revenue expanding 6.63% over the prior twelve months.
Guidance and near-term outlook
Management provided guidance for 2026 that the firm characterized as encouraging: the low end of both the company’s total revenue and adjusted EPS ranges surpassed DA Davidson’s forecasts and the consensus numbers. SS&C scheduled a conference call to discuss the quarter in more depth and to offer additional details on its performance and outlook.
Analyst response and next steps
DA Davidson indicated it plans to review its notes from the quarter and expects to update its financial forecasts for SS&C in the near future. The reiterated Buy rating and unchanged $106.00 price target reflect the firm’s current view pending that review.
Additional analyst activity and company metrics
Separately, SS&C reported strong fourth-quarter results for 2025, with adjusted EPS of $1.69 versus an expected $1.61, and record adjusted revenue of $1.655 billion compared with an anticipated $1.62 billion. The company also reported record revenues and EBITDA for the period. On an organic basis and adjusted for foreign exchange, SS&C posted 5.3% year-over-year organic growth, anchored by a 13.2% increase in its GIDS segment versus the prior year.
Needham maintained a Buy rating on the shares but reduced its price target from $105.00 to $95.00, citing sector compression as the rationale for the adjustment. Despite the lower target, Needham’s stance remained positive given the company’s beats and record results.
What management will discuss next
The planned conference call will be the primary forum for management to provide more detailed commentary on results, drivers of growth and the components of the 2026 guidance. Until DA Davidson completes its review and issues updated forecasts, its reiterated rating and price target provide the current analyst view.