Upside case
Bull case
$114+65.1%
SSNC would need investors to value it at roughly 17x earnings — about 7x more generous than today's 10x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 2026
SS&C Technologies Holdings, Inc. (SSNC) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
24
analysts
17 bullish · 0 bearish · 24 covering SSNC
Strong Buy
1
Buy
16
Hold
7
Sell
0
Strong Sell
0
Consensus Target
$94
+36.0% vs today
Scenario Range
$42 – $114
Model bear to bull value window
Coverage
24
Published analyst ratings
Valuation Context
10.0x
Forward P/E · Market cap $16.7B
SSNC price targets
Three scenarios for where SSNC stock could go
Current
~$69
Confidence
54 / 100
Updated
May 1, 2026
Where we are now
Current · $69
Bear
$42
Base
$97
Bull
$114
Market caseClosest to today
Base case
$97+39.3%
At 14x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$42-39.3%
If investor confidence fades or macro conditions deteriorate, a 4x multiple contraction could push SSNC down roughly 39% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
SS&C Technologies Holdings, Inc.
SSNC · NASDAQTechnologySoftware - ApplicationDecember year-end
SS&C Technologies is a financial technology company that provides specialized software and software-enabled services to the financial services and healthcare industries. It generates revenue primarily through recurring software licensing fees and service contracts — with its financial services segment contributing roughly 90% of revenue — while its healthcare solutions make up the remainder. The company's competitive advantage lies in its deep domain expertise and comprehensive technology stack that creates high switching costs for clients who rely on its systems for mission-critical operations.
Market Cap
$16.7B
Revenue TTM
$6.4B
Net Income TTM
$810M
Net Margin
12.6%
SSNC Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
92%Exceptional
12 quarters tracked
Revenue Beat Rate
92%Exceptional
vs consensus estimates
Avg EPS Surprise
+4.2%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$1.45/$1.39
Revenue
$1.5B/$1.5B
Q4 2025
EPS
$1.57/$1.47
Revenue
$1.6B/$1.6B
Q1 2026
EPS
$1.69/$1.61
Revenue
$1.7B/$1.6B
Q2 2026
EPS
$1.69/$1.66
Revenue
$1.6B/$1.6B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.45/$1.39 | +4.3% | $1.5B/$1.5B | +1.5% |
| Q4 2025 | $1.57/$1.47 | +6.8% | $1.6B/$1.6B | +1.0% |
| Q1 2026 | $1.69/$1.61 | +5.0% | $1.7B/$1.6B | +1.8% |
| Q2 2026 | $1.69/$1.66 | +1.8% | $1.6B/$1.6B | +1.2% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$6.8B
+6.1% YoY
FY2
$7.2B
+6.1% YoY
EPS Outlook
FY1
$4.23
+29.4% YoY
FY2
$4.39
+3.6% YoY
Trailing FCF (TTM)$1.7B
FCF Margin: 26.7%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
SSNC beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
SSNC Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $6.3B
Product Mix
Latest annual revenue by segment or product family
Software Enabled Services
83.1%
+7.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Americas Excluding United States And Canada
44.4%
+3814.2% YoY
Tap, hover, or focus a slice to inspect segment detail.
Software Enabled Services is the largest disclosed segment at 83.1% of FY 2025 revenue, up 7.7% YoY.
Americas Excluding United States And Canada is the largest reported region at 44.4%, up 3814.2% YoY.
SSNC Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Slightly Undervalued
Fair value est. $74 — implies +6.5% from today's price.
Upside to Fair Value
6.5%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
SSNC
22.0x
vs
S&P 500
25.1x
12% discount
vs Technology Trailing P/E
SSNC
22.0x
vs
Technology
26.7x
18% discount
vs SSNC 5Y Avg P/E
Today
22.0x
vs
5Y Average
25.4x
13% discount
Forward PE
10.0x
S&P 500
19.1x
-47%
Technology
22.1x
-55%
5Y Avg
—
—
Trailing PE
22.0x
S&P 500
25.1x
-12%
Technology
26.7x
-18%
5Y Avg
25.4x
-13%
PEG Ratio
3.64x
S&P 500
1.72x
+112%
Technology
1.52x
+139%
5Y Avg
—
—
EV/EBITDA
9.7x
S&P 500
15.2x
-36%
Technology
17.5x
-44%
5Y Avg
12.5x
-22%
Price/FCF
10.1x
S&P 500
21.1x
-52%
Technology
19.5x
-48%
5Y Avg
15.1x
-34%
Price/Sales
2.7x
S&P 500
3.1x
-15%
Technology
2.4x
+9%
5Y Avg
3.3x
-19%
Dividend Yield
1.45%
S&P 500
1.87%
-23%
Technology
1.16%
+25%
5Y Avg
1.22%
+18%
| Metric | SSNC | S&P 500 | Technology | 5Y Avg SSNC |
|---|---|---|---|---|
| Forward PE | 10.0x | 19.1x-47% | 22.1x-55% | — |
| Trailing PE | 22.0x | 25.1x-12% | 26.7x-18% | 25.4x-13% |
| PEG Ratio | 3.64x | 1.72x+112% | 1.52x+139% | — |
| EV/EBITDA | 9.7x | 15.2x-36% | 17.5x-44% | 12.5x-22% |
| Price/FCF | 10.1x | 21.1x-52% | 19.5x-48% | 15.1x-34% |
| Price/Sales | 2.7x | 3.1x-15% | 2.4x | 3.3x-19% |
| Dividend Yield | 1.45% | 1.87% | 1.16% | 1.22% |
SSNC trades above S&P 500 benchmarks on 1 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolSSNC Financial Health
Verdict
Strong
SSNC generates $1.7B in free cash flow at a 26.7% margin — returns 7.6% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$6.4B
Revenue Growth
TTM vs prior year
+7.5%
Gross Margin
Gross profit as a share of revenue
48.0%
Operating Margin
Operating income divided by revenue
23.1%
Net Margin
Net income divided by revenue
12.6%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$3.27
Free Cash Flow (TTM)
Cash generation after capex
$1.7B
FCF Margin
FCF as share of revenue — the primary cash quality signal
26.7%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
8.9%
ROA
Return on assets, trailing twelve months
4.1%
Cash & Equivalents
Liquid assets on the balance sheet
$3.6B
Net Debt
Total debt minus cash
$4.1B
Debt Serviceability
Net debt as a multiple of annual free cash flow
2.4× FCF
~2.4 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
11.6%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
7.6%
Dividend
1.4%
Buyback
6.2%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$1.0B
Dividend / Share
Annualized trailing dividend per share
$1.00
Payout Ratio
Share of earnings distributed as dividends
31.8%
Shares Outstanding
Declining as buybacks retire shares
242M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageSSNC Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
High debt levels
SS&C Technologies has a significant net debt of approximately $6.4 billion, which could strain earnings if financing conditions worsen. This high level of debt poses a substantial risk to the company's financial stability and operational flexibility.
High Risk
Acquisition strategy risks
The company's growth-by-acquisition strategy has resulted in a complex and fragmented product portfolio. While this approach has built a strong business with high switching costs, it also presents challenges in brand cohesion and market perception.
Medium
R&D investment concerns
SS&C's investment in research and development relative to its revenue raises questions about the long-term health and innovation of its technology. Insufficient R&D spending could hinder the company's ability to maintain technological leadership and drive future growth.
Medium
Analyst downgrades
Recent analyst actions, including price target trims and a downgrade from 'buy' to 'hold' by at least one firm, have put pressure on near-term demand for SSNC shares. Such downgrades can negatively impact investor sentiment and stock performance.
Lower
Executive share dispositions
An executive share disposition tied to tax withholding on RSU vesting can attract headline-driven selling. While typically non-discretionary, such events may lead to short-term volatility in the stock price.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why SSNC Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Analyst Confidence
A significant majority of Wall Street analysts have a 'Buy' or 'Strong Buy' rating on SSNC, with median price targets suggesting a substantial upside potential from the current stock price. For example, as of late April 2026, the median price target from 17 analysts was $94.00, implying a nearly 40% increase.
Financial Performance
SS&C Technologies has demonstrated solid financial results, including consistent revenue growth and increasing adjusted earnings. In Q1 2026, the company reported revenue of $1.65 billion, exceeding analyst expectations, and adjusted diluted EPS of $1.69, also beating estimates.
Strategic Acquisitions and Diversification
SS&C has a history of successful acquisitions, which have diversified its offerings and expanded its customer base, particularly in alternative asset management and healthcare. This inorganic growth strategy, combined with organic growth, positions the company for continued expansion.
Market Leadership and Competitive Moat
SS&C is a key player in the financial services industry, offering a comprehensive suite of software products and services. The company benefits from high switching costs and a strong client retention rate, creating a durable competitive advantage.
Guidance and Outlook
The company has provided positive guidance for fiscal year 2026, projecting sales growth of 7-8% and adjusted earnings growth of 11-12%. This outlook reflects management's confidence in the business model and market position.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
SSNC Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$69.28
52W Range Position
16%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$65.06
+6.5% from the low
52-Week High
$91.07
-23.9% from the high
1 Month
+0.90%
3 Month
-7.60%
YTD
-19.2%
1 Year
-11.3%
3Y CAGR
+7.8%
5Y CAGR
-1.0%
10Y CAGR
+8.5%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
SSNC vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
10.0x
vs 14.9x median
-33% below peer median
Revenue Growth
+6.1%
vs +1.2% median
+391% above peer median
Net Margin
12.6%
vs 15.0% median
-16% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
SSN SSNC SS&C Technologies Holdings, Inc. | $16.7B | 10.0x | +6.1% | 12.6% | Buy | +36.0% |
FIS FIS Fidelity National Information Services, Inc. | $24.1B | 7.4x | +14.7% | 3.5% | Buy | +44.6% |
FIS FISV Fiserv, Inc. | $30.6B | 7.1x | -1.6% | 15.2% | Buy | +30.3% |
BR BR Broadridge Financial Solutions, Inc. | $17.8B | 16.0x | +5.5% | 15.0% | Buy | +57.5% |
NTR NTRS Northern Trust Corporation | $29.9B | 14.9x | -20.3% | — | Hold | -4.9% |
ICE ICE Intercontinental Exchange, Inc. | $88.0B | 19.4x | +1.2% | — | Buy | +26.0% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
SSNC Dividend and Capital Return
SSNC returns capital mainly through $1.0B/year in buybacks (6.2% buyback yield), with a modest 1.45% dividend — combining for 7.6% total shareholder yield. The dividend has grown for 12 consecutive years.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
7.6%
Dividend + buyback return per year
Buyback Yield
6.2%
Dividend Yield
1.45%
Payout Ratio
31.8%
How SSNC Splits Its Return
Div 1.45%
Buyback 6.2%
Dividend 1.45%Buybacks 6.2%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$1.00
Growth Streak
Consecutive years of dividend increases
12Y
3Y Div CAGR
9.1%
5Y Div CAGR
14.4%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$1.0B
Estimated Shares Retired
15M
Approx. Share Reduction
6.2%
Shares Outstanding
Current diluted share count from the screening snapshot
242M
At 6.2%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.27 | — | — | — |
| 2025 | $1.04 | +6.1% | 4.7% | 5.8% |
| 2024 | $0.98 | +11.4% | 3.8% | 5.1% |
| 2023 | $0.88 | +10.0% | 3.0% | 4.5% |
| 2022 | $0.80 | +17.6% | 3.5% | 5.0% |
FAQ
7 questionsSSNC Investor Questions
Common questions answered from live analyst data and company financials.
01Is SS&C Technologies Holdings, Inc. (SSNC) stock a buy or sell in 2026?
SS&C Technologies Holdings, Inc. (SSNC) is rated Buy by Wall Street analysts as of 2026. Of 24 analysts covering the stock, 17 rate it Buy or Strong Buy, 7 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $94, implying +36.0% from the current price of $69. The bear case scenario is $42 and the bull case is $114.
02What is the SSNC stock price target for 2026?
The Wall Street consensus price target for SSNC is $94 based on 24 analyst estimates. The high-end target is $115 (+66.0% from today), and the low-end target is $78 (+12.6%). The base case model target is $97.
03Is SS&C Technologies Holdings, Inc. (SSNC) stock overvalued in 2026?
SSNC trades at 10.0x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals slightly undervalued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for SS&C Technologies Holdings, Inc. (SSNC) stock in 2026?
The primary risks for SSNC in 2026 are: (1) High debt levels — SS&C Technologies has a significant net debt of approximately $6. (2) Acquisition strategy risks — The company's growth-by-acquisition strategy has resulted in a complex and fragmented product portfolio. (3) R&D investment concerns — SS&C's investment in research and development relative to its revenue raises questions about the long-term health and innovation of its technology. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is SS&C Technologies Holdings, Inc.'s revenue and earnings forecast?
Analyst consensus estimates SSNC will report consensus revenue of $6.8B (+6.1% year-over-year) and EPS of $4.23 (+29.4% year-over-year) for the upcoming fiscal year. The following year, analysts project $7.2B in revenue.
06When does SS&C Technologies Holdings, Inc. (SSNC) report its next earnings?
A confirmed upcoming earnings date for SSNC is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does SS&C Technologies Holdings, Inc. generate?
SS&C Technologies Holdings, Inc. (SSNC) generated $1.7B in free cash flow over the trailing twelve months — a free cash flow margin of 26.7%. SSNC returns capital to shareholders through dividends (1.4% yield) and share repurchases ($1.0B TTM).