Equifax (NYSE: EFX) Maintains Neutral Rating Amid Strong Q3 Revenue Growth
Key points
- Goldman Sachs reiterated a Neutral rating on Equifax (NYSE: EFX), indicating a hold action on the stock.
- Equifax reported robust third-quarter 2026 revenue of $1.693 billion, marking a 10% increase year-over-year.
- The company demonstrated strong performance in key segments, with U.S. Mortgage revenue up 15% and Workforce Solutions revenue growing 7%, while its Vitality Index surpassed its 10% long-term goal.
Equifax is a credit reporting company that provides data and services to lenders and employers. Goldman Sachs maintained a Neutral rating and reiterated its hold action. The stock traded at $176.54 when the update was posted. A hold rating means the analyst does not recommend buying or selling the shares at that price.
Equifax reported third-quarter 2026 revenue of $1.693 billion, up 10% from a year earlier, as highlighted by PR Newswire. Revenue rose 9% in local currency, which removes the effect of exchange-rate changes. Diversified Markets revenue grew 8%, and U.S. Mortgage revenue increased 15% despite a weaker mortgage market later in the quarter.
Workforce Solutions revenue grew 7%, supported by more than 20% growth in Talent Solutions. Equifax said new products helped lift its Vitality Index, a measure of revenue from new offerings, to more than 17%. That exceeds its long-term goal of 10%. The company also returned $158 million in cash to shareholders.
Equifax was up $17.97, or 11.33%, at $176.54. It traded between $166.11 and $177.80 during the day, compared with a 52-week range of $137.01 to $238.94. Its market value was $20.74 billion, and about 3.99 million shares traded. The figures do not establish a cause for the day’s price move.
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