Fair Isaac (NYSE:FICO) Shares Gap Down – Here’s Why

Fair Isaac Corporation (NYSE:FICO) gapped down before the market opened on Tuesday . The stock had previously closed at $1,263.83, but opened at $1,209.29. Fair Isaac shares last traded at $1,225.8890, with a volume of 23,149 shares trading hands.

Analysts Set New Price Targets

FICO has been the topic of a number of recent research reports. Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. Jefferies Financial Group decreased their price target on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Bank of America lowered their price objective on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a research report on Tuesday, May 19th. The Goldman Sachs Group dropped their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average price target of $1,627.93.

Fair Isaac Stock Performance

The business’s fifty day simple moving average is $1,207.47 and its 200-day simple moving average is $1,249.18. The company has a market capitalization of $28.31 billion, a P/E ratio of 38.68, a P/E/G ratio of 1.09 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The business had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. During the same quarter in the previous year, the company posted $7.81 EPS. The company’s revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts forecast that Fair Isaac Corporation will post 38 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FICO. Soltis Investment Advisors LLC bought a new position in shares of Fair Isaac during the 4th quarter valued at approximately $2,379,000. Brighton Jones LLC raised its holdings in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the period. Titan Global Capital Management USA LLC lifted its position in Fair Isaac by 42.6% in the fourth quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock worth $13,513,000 after buying an additional 2,387 shares during the last quarter. Altrafin AG purchased a new position in Fair Isaac during the fourth quarter worth $2,117,000. Finally, M.D. Sass LLC purchased a new position in Fair Isaac during the fourth quarter worth $55,660,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.