Palantir shares slip premarket despite posting record revenue in third quarter
Investing.com - BMO Capital has lowered its price target on Bright Horizons Family Solutions Inc (NYSE:BFAM) to $124.00 from $130.00 while maintaining an Outperform rating on the stock. Currently trading at $92.28, BFAM shares sit near their 52-week low of $91.49, having fallen 8.53% in the past week.
The price target adjustment follows Bright Horizons’ third-quarter 2025 results, which exceeded consensus expectations, driven primarily by strong performance in the company’s Back-Up Care (BUCA) segment.
Following the quarterly beat, Bright Horizons management raised its full-year 2025 guidance, positioning the company favorably against consensus estimates, though BMO Capital noted "some slight conservatism" compared to the previously implied fourth-quarter 2025 outlook.
For 2026, Bright Horizons management has outlined targets including 4% price increases, 50-100 basis points of Full Service Center (FSC) margin expansion, and 11-13% growth in its Back-Up Care business.
BMO Capital indicated that Bright Horizons might pursue more aggressive center closures, which could potentially benefit margins, and while the firm raised its estimates for the company, it adjusted the price target to "reflect more current multiples."
In other recent news, Bright Horizons Family Solutions Inc. reported impressive financial results for the third quarter of 2025, surpassing analysts’ expectations. The company achieved an adjusted earnings per share (EPS) of $1.57, which was 18.94% higher than the anticipated $1.32. Additionally, Bright Horizons generated revenue of $803 million, surpassing the forecasted $780.64 million. These results indicate a strong performance for the quarter. Analysts had projected lower figures, making the company’s achievement noteworthy. The positive financial outcomes reflect Bright Horizons’ ability to exceed market predictions. No other major news, such as mergers or analyst upgrades or downgrades, has been reported recently for the company.
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