Needham & Company LLC Lowers SS&C Technologies (NASDAQ:SSNC) Price Target to $90.00

SS&C Technologies (NASDAQ:SSNC) had its target price lowered by equities research analysts at Needham & Company LLC from $95.00 to $90.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s price objective points to a potential upside of 33.75% from the company’s current price.

SSNC has been the subject of a number of other research reports. DA Davidson reduced their price target on SS&C Technologies from $106.00 to $96.00 and set a “buy” rating for the company in a research report on Friday, April 17th. Weiss Ratings cut SS&C Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, April 7th. Jefferies Financial Group reduced their price target on SS&C Technologies from $105.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Wall Street Zen upgraded SS&C Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of SS&C Technologies in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.13.

SS&C Technologies Stock Down 4.0%

SSNC stock opened at $67.29 on Friday. SS&C Technologies has a fifty-two week low of $65.05 and a fifty-two week high of $91.07. The business’s 50-day moving average is $70.96 and its two-hundred day moving average is $79.59. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $16.20 billion, a price-to-earnings ratio of 20.83 and a beta of 1.19.

SS&C Technologies (NASDAQ:SSNC) last issued its quarterly earnings results on Thursday, April 23rd. The technology company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.04. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.63 billion. SS&C Technologies had a return on equity of 20.09% and a net margin of 12.65%.The business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.44 earnings per share. SS&C Technologies has set its Q2 2026 guidance at 1.640-1.700 EPS. As a group, analysts forecast that SS&C Technologies will post 6.2 earnings per share for the current year.

Institutional Trading of SS&C Technologies

Several institutional investors have recently made changes to their positions in the business. National Pension Service grew its holdings in SS&C Technologies by 27.2% during the 3rd quarter. National Pension Service now owns 186,824 shares of the technology company’s stock valued at $16,582,000 after buying an additional 39,984 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SS&C Technologies by 3.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 767,765 shares of the technology company’s stock valued at $68,147,000 after buying an additional 22,547 shares in the last quarter. Teacher Retirement System of Texas grew its holdings in SS&C Technologies by 374.3% during the 4th quarter. Teacher Retirement System of Texas now owns 137,799 shares of the technology company’s stock valued at $12,046,000 after buying an additional 108,746 shares in the last quarter. Cibc World Market Inc. purchased a new position in SS&C Technologies during the 3rd quarter valued at approximately $1,414,000. Finally, Davis Capital Management purchased a new position in SS&C Technologies during the 3rd quarter valued at approximately $1,064,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Key SS&C Technologies News

Here are the key news stories impacting SS&C Technologies this week:

• Positive Sentiment: Q1 results beat consensus: adjusted EPS $1.69 and revenue ~$1.65B, with revenue +8.8% YoY and management raising full-year 2026 EPS and revenue ranges — a fundamental positive for growth and profitability. SS&C Technologies Releases Q1 2026 Financial Results
• Positive Sentiment: UBS raised its price target to $115 and kept a Buy rating, signaling conviction from a large shop and implying meaningful upside versus current levels. Benzinga
• Neutral Sentiment: Q2 guidance: EPS guided to $1.640–1.700 (slightly above consensus EPS) but revenue guided to ~$1.6–1.7B (broadly in line or modestly below some estimates). Guidance is not conservative, but it lacked a big step-up that some investors hoped to see after the beat. SS&C Q1 Results – Press Release / Slide Deck
• Neutral Sentiment: Full earnings call and transcripts are available — useful for color on client wins, backlog, margins and M&A commentary that will matter for upcoming quarters. SS&C Q1 2026 Earnings Call Transcript (InsiderMonkey)
• Negative Sentiment: Several analysts trimmed price targets or moved to a more cautious stance (Morgan Stanley cut target to $78 and set Equal Weight; Needham trimmed to $90 though kept Buy; Jefferies reduced its target to $92) — analyst mark-downs and talk of sector multiple compression can pressure the stock even when results are solid. Benzinga (analyst moves)
• Negative Sentiment: Market commentary suggests a post-earnings “sell-the-news” reaction; Quiver notes an analyst price-target cut cited sector multiple compression as a headwind. SS&C Technologies falls 4% as investors digest Q1 results and a price-target cut
• Negative Sentiment: Insider selling: a disclosed sale of 150,000 shares by Normand A. Boulanger was reported, which can weigh on near-term sentiment even if not indicative of company fundamentals. Quiver Quantitative (insider activity)

SS&C Technologies Company Profile

SS&C Technologies is a global provider of software and services for the financial services industry, offering technology and outsourcing solutions that support investment managers, asset servicing firms, insurance companies, private equity and real estate managers, hedge funds, wealth managers and other financial institutions. The company’s offerings span front-, middle- and back-office functionality, enabling clients to automate trading, portfolio accounting, reconciliation, performance measurement, risk and compliance, and client reporting.

SS&C delivers its capabilities through a mix of licensed software, cloud-based SaaS platforms and managed services.