Equifax (EFX) Stock Forecast & Price Target

Equifax is projected to achieve revenue in FY25 of $6.03-$6.06 billion, reflecting a positive increase from previous estimates of $5.97-$6.04 billion, demonstrating strong growth momentum. The company has reported a 7.2% year-over-year revenue increase for 3Q, reaching $1.55 billion, which exceeds both internal estimates and consensus expectations, indicating robust business performance. Furthermore, the acceleration of growth in Equifax's Workforce Solutions segment, alongside favorable trends in mortgage originations, positions the firm for sustained revenue expansion and enhanced profitability.

Equifax faces a negative outlook primarily due to a projected 10% decline in EBITDA attributable to diminishing revenue visibility, stemming from intensified competition and a lack of new contract wins. Additionally, the firm anticipates a high single-digit year-over-year decline in mortgage inquiries, coupled with increased foreign exchange headwinds impacting revenue further. The company's elevated debt levels present refinancing risks in a potentially volatile credit environment, which may lead to higher interest expenses if favorable credit terms are not attainable.