Equifax (EFX) Stock Forecast & Price Target

Equifax is supported by a durable data moat in consumer credit, income, employment, and demographic information that remains essential to lenders and government agencies, while Workforce Solutions contributes about 40% of revenue and reinforces differentiation versus Experian and TransUnion. Its 2Q26 results showed $1.7 billion in revenue, 10.6% growth, $552 million in adjusted EBITDA, and $2.25 in adjusted EPS, with strong mortgage, talent, and government momentum offsetting macro choppiness. The company also benefits from about 25% international revenue, more than $1 billion of expected free cash flow, and technology transformation that is expanding margins, enabling buybacks, and supporting continued organic growth.

Equifax is facing a weaker fundamental setup because 2Q26 showed Government Verification revenue down 4% and below expectations, with contract timing shifts and a prior-year SSA amendment creating a meaningful drag even as new wins totaled $100m. Management’s reiterated FY26 guidance and the shift toward subscription pricing imply limited near-term upside, while mortgage headwinds, tougher 2027 comparisons in Talent, and moderation in consumer lending could pressure growth and EPS, which was cut to $8.56 for FY26 and $9.70 for FY27. Although AI savings were doubled to $150m through 2028, the expectation is for reinvestment rather than margin expansion, and high debt, regulatory risk, data security concerns, and GenAI disintermediation add further downside risk.