Piper Sandler raises SEI Investments stock price target on earnings beat
Piper Sandler raised its price target for SEI Investments (NASDAQ:SEIC) to $129, citing strong earnings and sales. The firm increased its EPS estimates for 2026-2028. SEIC reported Q3 2026 earnings of $1.64 per share, beating estimates, with revenue of $662.04 million. The stock is up 29% over six months and 33% year-to-date.
How this was made
The 30-second read
Why it matters
Analyst upgrade could attract new buying interest and support further price gains.
Market read
The upgrade adds fresh positive catalyst for SEIC, potentially influencing sector sentiment.
What to watch
Potential headwinds from fee compression and market volatility are not addressed.
Background
SEIC reported core earnings per share beat, strong sales, and margin expansion, prompting Piper Sandler's upgrade.
Ticker impact
Piper Sandler raised SEIC's price target to $129 and upgraded earnings estimates after the company posted an earnings beat.
likely upward pressure as investors price in the raised target and earnings beat
The new target is based on a 18.5x 2027 earnings multiple and the stock has outperformed recently, indicating momentum.
Market effects
Positive for the asset management sector as SEIC's beat may lift peers.
U.S. market focus, limited regional effect.
Modest, confined to investors tracking U.S. financial services.
Counterpoint
The target raise may already be priced in, limiting upside.
Key entities
- analystPiper Sandler
Equity research firm that raised the price target.
- companySEI Investments
Asset management firm that delivered earnings beat.
