Overview

• Jack Henry fiscal Q1 2026 deconversion revenue was $8.6 mln

• Company raises fiscal 2026 deconversion revenue guidance to $20 mln

• Deconversion revenue arises from client acquisitions, not ongoing operations

Outlook

• Jack Henry raises fiscal 2026 deconversion revenue guidance to $20 mln

Result Drivers

• CLIENT ACQUISITIONS - Deconversion revenue driven by clients being acquired by other financial institutions

• EXCLUSION FROM NON-GAAP - Deconversion revenue excluded from non-GAAP revenue as it does not reflect ongoing operations

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Jack Henry & Associates Inc is $177.00, about 11.7% above its October 27 closing price of $156.30

• The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nPnb8cCV2a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)