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
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 $8.60
Deconver mln
sion
Revenue
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 ( JKHY ) 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:
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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.)