Needham & Company LLC Has Lowered Expectations for Equifax (NYSE:EFX) Stock Price

Equifax (NYSE:EFX) had its price target dropped by equities researchers at Needham & Company LLC from $265.00 to $245.00 in a note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. Needham & Company LLC’s price target would indicate a potential upside of 46.68% from the stock’s previous close.

Several other brokerages also recently issued reports on EFX. BMO Capital Markets cut their price objective on Equifax from $195.00 to $179.00 and set a “market perform” rating for the company in a research report on Monday, July 13th. Citigroup dropped their price target on Equifax from $256.00 to $238.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Morgan Stanley cut their price target on Equifax from $244.00 to $243.00 and set an “overweight” rating for the company in a report on Tuesday, April 28th. Bank of America reduced their price objective on Equifax from $250.00 to $225.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. Finally, Barclays decreased their price objective on Equifax from $215.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Thirteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $215.79.

Equifax Stock Performance

NYSE:EFX opened at $167.03 on Wednesday. The company has a current ratio of 0.60, a quick ratio of 0.61 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average price of $165.70 and a two-hundred day moving average price of $182.74. Equifax has a twelve month low of $150.74 and a twelve month high of $271.84. The company has a market capitalization of $19.62 billion, a P/E ratio of 29.35, a price-to-earnings-growth ratio of 1.29 and a beta of 1.32.

Equifax (NYSE:EFX) last announced its quarterly earnings results on Tuesday, July 21st. The credit services provider reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.05. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.70 billion. Equifax had a net margin of 10.73% and a return on equity of 21.61%. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.00 earnings per share. Equifax has set its Q3 2026 guidance at 2.150-2.250 EPS and its FY 2026 guidance at 8.390-8.690 EPS. As a group, research analysts expect that Equifax will post 8.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Chad M. Borton sold 2,455 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $173.89, for a total transaction of $426,899.95. Following the transaction, the executive vice president directly owned 29,518 shares in the company, valued at approximately $5,132,885.02. This represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EFX. Cullen Frost Bankers Inc. acquired a new stake in shares of Equifax in the fourth quarter worth approximately $25,000. Ameriflex Group Inc. increased its position in Equifax by 612.5% during the fourth quarter. Ameriflex Group Inc. now owns 114 shares of the credit services provider’s stock worth $25,000 after purchasing an additional 98 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in Equifax during the fourth quarter worth approximately $26,000. Reflection Asset Management purchased a new position in Equifax during the fourth quarter worth approximately $26,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in Equifax during the third quarter worth approximately $34,000. Institutional investors and hedge funds own 96.20% of the company’s stock.

Equifax News Roundup

Here are the key news stories impacting Equifax this week:

• Positive Sentiment: Equifax posted Q2 EPS of $2.25, topping estimates, with revenue of $1.70 billion in line with expectations and up 10.6% year over year, which supports the case for continued fundamental growth.
• Positive Sentiment: Management kept the bullish long-term narrative intact, highlighting AI-driven productivity savings of $150 million through 2028 and ongoing operating leverage, which could improve margins over time. Equifax outlines 3Q 2026 revenue of $1.68B-$1.71B as it targets $150M in AI productivity savings through 2028
• Positive Sentiment: Several analysts still reiterated bullish views after the results, with Needham maintaining a Buy rating even while trimming its target to $245, and William Blair also keeping a Buy call, signaling continued Street support. Needham PT Lowered to $245 at Equifax
• Neutral Sentiment: Commentary from Zacks and other market pieces continues to describe Equifax as a growth and value candidate, but these pieces appear more style-rank driven than company-specific catalysts.
• Negative Sentiment: The new Q3 revenue outlook of $1.68 billion to $1.71 billion was viewed as more cautious than some investors wanted, contributing to analyst forecast cuts and adding concern about near-term growth momentum.
• Negative Sentiment: Investors are also weighing valuation concerns and the company’s new debt, with some market commentary questioning whether EFX is still a bargain after its credit bureau deal and balance-sheet changes.

About Equifax

Equifax Inc (NYSE: EFX) is a global data, analytics and technology company that specializes in consumer and commercial credit reporting, decisioning tools and identity solutions. Headquartered in Atlanta, Georgia, Equifax is one of the three major consumer credit reporting agencies in the United States and provides credit information and related services to lenders, employers, governments and consumers worldwide.

The company’s offerings include consumer credit reports and scores, credit monitoring and identity protection services, and a range of business-oriented products for risk management, fraud detection and compliance.