Jack Henry & Associates (NASDAQ:JKHY) Price Target Raised to $178.00

Jack Henry & Associates (NASDAQ:JKHY) had its price target raised by Royal Bank Of Canada from $173.00 to $178.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 7.21% from the stock’s previous close.

Several other equities research analysts also recently issued reports on JKHY. UBS Group reiterated a “neutral” rating on shares of Jack Henry & Associates in a report on Thursday. Weiss Ratings downgraded Jack Henry & Associates from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. DA Davidson reiterated a “buy” rating and set a $198.00 price target on shares of Jack Henry & Associates in a research note on Wednesday. The Goldman Sachs Group reissued a “neutral” rating and set a $178.00 price target on shares of Jack Henry & Associates in a research report on Thursday. Finally, Stephens reissued an “overweight” rating and issued a $200.00 price objective on shares of Jack Henry & Associates in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Jack Henry & Associates has an average rating of “Moderate Buy” and an average price target of $189.73.

Jack Henry & Associates Stock Performance

NASDAQ:JKHY opened at $166.04 on Thursday. Jack Henry & Associates has a fifty-two week low of $121.04 and a fifty-two week high of $193.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.74 and a current ratio of 1.74. The company has a 50 day moving average price of $145.52 and a 200 day moving average price of $151.14. The stock has a market capitalization of $11.80 billion, a P/E ratio of 23.70, a PEG ratio of 2.15 and a beta of 0.55.

Jack Henry & Associates (NASDAQ:JKHY) last released its quarterly earnings results on Tuesday, August 18th. The technology company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.13. Jack Henry & Associates had a return on equity of 23.17% and a net margin of 19.76%.The company had revenue of $633.10 million for the quarter, compared to analysts’ expectations of $631.60 million. During the same period in the prior year, the firm earned $1.75 earnings per share. The firm’s revenue was up 4.6% compared to the same quarter last year. Jack Henry & Associates has set its FY 2027 guidance at 7.330-7.380 EPS. Equities research analysts forecast that Jack Henry & Associates will post 7.11 EPS for the current year.

Institutional Investors Weigh In On Jack Henry & Associates

Hedge funds and other institutional investors have recently modified their holdings of the company. Essential Partners LLC grew its stake in shares of Jack Henry & Associates by 65.8% during the first quarter. Essential Partners LLC now owns 184 shares of the technology company’s stock worth $29,000 after purchasing an additional 73 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in shares of Jack Henry & Associates by 3,900.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 200 shares of the technology company’s stock worth $30,000 after acquiring an additional 195 shares in the last quarter. Larson Financial Group LLC increased its holdings in shares of Jack Henry & Associates by 2,816.7% in the 4th quarter. Larson Financial Group LLC now owns 175 shares of the technology company’s stock valued at $32,000 after acquiring an additional 169 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Jack Henry & Associates during the 2nd quarter worth about $35,000. Finally, SJS Investment Consulting Inc. raised its position in shares of Jack Henry & Associates by 3,933.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 242 shares of the technology company’s stock worth $38,000 after acquiring an additional 236 shares in the last quarter. 98.75% of the stock is currently owned by institutional investors and hedge funds.

Key Jack Henry & Associates News

Here are the key news stories impacting Jack Henry & Associates this week:

• Positive Sentiment: Quarterly results exceeded expectations. Jack Henry reported fiscal fourth-quarter EPS of $1.57, versus the $1.44 analyst consensus, while revenue reached $633.1 million, slightly above the $631.6 million estimate. Revenue increased approximately 4.6% year over year, supported by processing, cloud hosting, and faster-payment growth. Reuters earnings report
• Positive Sentiment: Fiscal 2027 guidance was above consensus. Management forecast EPS of $7.33–$7.38, compared with analysts’ $7.10 estimate. Revenue guidance of roughly $2.7 billion was generally in line with expectations, making the earnings outlook the primary guidance-related catalyst. Fiscal 2027 guidance report
• Positive Sentiment: New customer and analyst support added to the bullish case. Prevail Bank selected Jack Henry’s core, digital, payments, and financial-crime solutions, highlighting the appeal of its open ecosystem and AI capabilities. DA Davidson reaffirmed a Buy rating with a $198 price target, while the broader analyst consensus remained “Moderate Buy.” Prevail Bank customer announcement
• Neutral Sentiment: Management emphasized strong bookings and strategic growth initiatives. The earnings call highlighted record core wins, cloud adoption, payments expansion, and efforts to build additional fintech relationships through the open ecosystem. These trends support longer-term growth but may take time to materially affect results. Earnings call highlights
• Negative Sentiment: Profitability remained a concern. Despite the earnings beat, GAAP EPS declined from $1.75 to $1.57 year over year. GAAP operating income fell 12.2%, and higher personnel costs pressured margins, tempering the impact of the revenue growth. Fiscal 2026 results

About Jack Henry & Associates

Jack Henry & Associates, Inc is a leading provider of technology solutions and payment processing services for the financial services industry. Founded in 1976 and headquartered in Monett, Missouri, the company develops and supports a comprehensive suite of software and services designed to help banks, credit unions and other financial institutions streamline operations, improve customer engagement and manage risk.

The company’s core processing platforms deliver end-to-end account processing, general ledger, deposit operations and loan servicing functionality.