Equifax (EFX) Stock Forecast & Price Target

Equifax is projected to achieve a revenue range of $6.03-$6.06 billion in FY25, reflecting a positive increase from prior estimates. The company is experiencing strong performance in its Employment and Workforce Solutions (EWS) segment, which reported a 4.7% year-over-year growth, driven by robust demand in government and consumer lending sectors. Additionally, Equifax's 3Q revenue of $1.55 billion exceeded estimates, showing a year-over-year increase of 7.2%, suggesting a solid trajectory towards enhancing EBITDA and overall business performance.

Equifax faces a negative outlook primarily due to anticipated declines in EBITDA and revenue driven by increased competition and reduced visibility in contract wins, compounded by foreign exchange headwinds. The company has already experienced a decline in mortgage inquiries, which is projected to continue, leading to decreased bookings that typically signal lower future earnings. Furthermore, the lingering impacts of the 2017 cybersecurity breach, including reputational damage and the risk associated with its relatively high debt load in a volatile credit environment, add to the concerns regarding Equifax's financial stability.