Based on ratings from 12 stock analysts, the SS&C Technologies Holdings Inc stock price is expected to increase by 9.67% in 12 months. This is calculated by using the average 12-month stock price forecast for SS&C Technologies Holdings Inc. The lowest target is $65 and the highest is $92. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assignedSSNC 11 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect SS&C Technologies Holdings Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SSNC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SSNC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Peter Heckmann DA Davidson | Buy | $92 | Maintains | Sep 20, 2024 |
Mayank Tandon Needham | Buy | $90 | Maintains | Sep 19, 2024 |
Daniel Perlin RBC Capital | Outperform | $86 | Maintains | Sep 19, 2024 |
Peter Heckmann DA Davidson | Buy | $88 | Maintains | Jul 29, 2024 |
Daniel Perlin RBC Capital | Outperform | $75 | Maintains | Jul 26, 2024 |
Mayank Tandon Needham | Buy | $81 | Maintains | Jul 26, 2024 |
Peter Heckmann DA Davidson | Buy | $84 | Maintains | Jul 18, 2024 |
Surinder Thind Jefferies | Hold | $61 | Maintains | Apr 29, 2024 |
Mayank Tandon Needham | Buy | $74 | Maintains | Apr 26, 2024 |
Peter Heckmann DA Davidson | Buy | $78 | Maintains | Apr 16, 2024 |
Andrew Schmitt Citigroup | Buy | $71 | Maintains | Feb 15, 2024 |
Daniel Perlin RBC Capital | Outperform | $72 | Maintains | Feb 14, 2024 |
Michael Young Truist Securities | Hold | $60 | Maintains | Feb 14, 2024 |
Kevin Mcveigh UBS | Buy | $77 | Maintains | Feb 14, 2024 |
Mayank Tandon Needham | Buy | $70 | Maintains | Feb 14, 2024 |
Kevin Mcveigh UBS | Buy | $72 | Initiates | Nov 7, 2023 |
Peter Heckmann DA Davidson | Buy | $66 | Maintains | Oct 27, 2023 |
James Faucette Morgan Stanley | Equal-Weight | $53 | Maintains | Oct 27, 2023 |
Mayank Tandon Needham | Buy | $62 | Maintains | Oct 27, 2023 |
Peter Heckmann DA Davidson | Buy | $70 | Maintains | Jul 31, 2023 |
When did it IPO
2010
Staff Count
26,600
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. William C. Stone
Market Cap
$18.10B
In 2023, SSNC generated $5.50B in revenue, which was a increase of 4.16% from the previous year. This can be seen as a signal that SSNC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - SS&C Technologies has completed its acquisition of Battea-Class Action Services, enhancing its capabilities in securities class action claims and settlement recovery.
Why It Matters - The acquisition enhances SS&C's service offerings, potentially increasing revenue streams and market share in the securities sector, which could positively impact stock performance.
Summary - SS&C GlobeOp's Forward Redemption Indicator for September 2024 is at 2.72%, an increase from 2.59% in August, indicating a rise in redemption notifications.
Why It Matters - The increase in the SS&C GlobeOp Forward Redemption Indicator suggests rising investor withdrawals, indicating potential market liquidity concerns and impacting fund performance expectations.
Summary - SS&C Technologies announced that Direxion has chosen SS&C ALPS Distributors for medallion distribution services for their ETFs and mutual funds.
Why It Matters - SS&C's partnership with Direxion enhances its distribution capabilities, potentially increasing revenue from ETF and mutual fund services, which may positively impact its stock performance.
Summary - SS&C GlobeOp Hedge Fund Performance Index reported a 1.21% gross return for July 2024 and a 0.75% performance for August. The Capital Movement Index saw a 0.39% advance in September net flows.
Why It Matters - The SS&C GlobeOp Hedge Fund Performance Index indicates positive hedge fund returns, suggesting investor confidence and potential growth in alternative investments, impacting market sentiment.
Summary - SS&C Technologies has agreed to acquire Battea-Class Action Services, enhancing its capabilities in securities class action claims management.
Why It Matters - SS&C Technologies' acquisition of Battea enhances its service offerings in the securities sector, potentially increasing revenue streams and market competitiveness, impacting stock performance positively.
Summary - SS&C ALPS Advisors will close the ALPS Global Travel Beneficiaries ETF (JRNY) to new investors on October 16, 2024, and liquidate the fund on October 18, 2024.
Why It Matters - The closure and liquidation of the ALPS Global Travel Beneficiaries ETF may signal declining investor interest in travel-focused investments, impacting related stocks and sectors.