Piper Sandler reaffirms Overweight on SEI Investments with $129 target
Piper Sandler kept its buy rating on SEI Investments and a $129 price target after a strong third quarter of 2026, citing sales and earnings.
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what happened
According to TradingView, Piper Sandler reiterated its Overweight rating on SEI Investments and set a price target of $129. The target implies roughly 19% upside from the October 21 close of $108.43.
SEI reported third-quarter 2026 sales of $46.8 million, which beat estimates and was the second-best quarter in the company's history. Growth in the alternatives segment stood out in particular.
Core earnings per share came in at $1.64, above both estimates and the prior quarter. Higher revenue and a more favorable tax rate helped, and management struck a positive tone on the sales outlook.
why it matters
For investors, the note signals that the company's results are running ahead of analyst expectations, and strong sales and earnings support confidence in its growth prospects. This is an analyst summary, not investment advice.
tags
instruments
sources
- Piper Sandler reiterates Overweight rating on SEI Investments, $129 price target — TradingView, 22 October 2026 at 13:19 UTC
- Piper Sandler reiterates Overweight rating on CME Group, $330 price target — TradingView, 22 October 2026 at 14:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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