Piper Sandler Initiates Coverage of Jack Henry & Associates at Neutral
Fintel reports that on September 11, 2026, Piper Sandler initiated coverage of Jack Henry & Associates (NASDAQGS:JKHY) with a Neutral recommendation.
Jack Henry & Associates, Inc., based in the United States, is an esteemed provider within the financial technology sector. The company primarily offers technology solutions and payment processing services tailored to the financial services industry. Key areas of focus include core information processing systems, electronic payment solutions, and complementary services such as data analytics, fraud prevention, and digital transformation support for banks, credit unions, and other financial entities.
Prior to this coverage initiation, the stock recorded a pre-action close of $161.42 on September 10, 2026. This is also the latest close price of $161.42 as of September 10, 2026. Looking at recent market performance, the stock experienced a price change of -4.13% over one week, compared to a baseline close of $168.37 on September 3, 2026. Over a one-month period, the stock saw a price change of +4.09% from a baseline close of $155.08 on August 10, 2026.
Jack Henry & Associates last reported earnings on August 18, 2026. The company posted an actual EPS of 1.57, which exceeded the estimated EPS of 1.4896, representing an EPS surprise of +5.40%. Actual revenue for the period was $644,023,000,000,000.00, compared to the estimated revenue of $643,451,526,000,000.00.
As of August 28, 2026, the current consensus target mean for the stock stood at $195.11, with a median target of $200.43, representing an implied change of +20.87%. This is an increase from the prior consensus target mean of $187.76 recorded on August 5, 2026, reflecting a consensus target revision of +3.92%.
In terms of analyst recommendations, as of September 1, 2026, the current recommendation total was 23, consisting of 8 strong buy, 9 buy, 5 hold, and 1 sell recommendations. This represents 73.9% positive, 21.7% hold, and 4.3% negative recommendations. In the prior period of August 1, 2026, the total recommendations stood at 22, with 7 strong buy, 9 buy, 5 hold, and 1 sell recommendations, translating to 72.7% positive, 22.7% hold, and 4.5% negative recommendations.
Other recent analyst activities include DA Davidson maintaining a Buy rating on September 2, 2026, and Wolfe Research maintaining an Outperform rating on August 25, 2026. Additionally, DA Davidson maintained a Buy rating on August 24, 2026. On August 20, 2026, Barclays maintained an Overweight rating, UBS maintained a Neutral rating, and RBC Capital maintained an Outperform rating.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| September 11, 2026 | Piper Sandler | Neutral | initiated coverage | |
| September 2, 2026 | DA Davidson | Buy | Buy | maintained |
| August 25, 2026 | Wolfe Research | Outperform | Outperform | maintained |
| August 24, 2026 | DA Davidson | Buy | Buy | maintained |
| August 20, 2026 | Barclays | Overweight | Overweight | maintained |
| August 20, 2026 | UBS | Neutral | Neutral | maintained |
| August 20, 2026 | RBC Capital | Outperform | Outperform | maintained |
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.