Fair Isaac (NYSE:FICO) Price Target Cut to $800.00 by Analysts at JPMorgan Chase & Co.

Fair Isaac (NYSE:FICO) had its price objective lowered by JPMorgan Chase & Co. from $900.00 to $800.00 in a research note released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

Several other brokerages have also commented on FICO. Huber Research lowered Fair Isaac to a “strong sell” rating in a research note on Tuesday, September 29th. Needham & Company LLC cut their price objective on shares of Fair Isaac from $1,100.00 to $925.00 and set a “buy” rating on the stock in a report on Thursday. Robert W. Baird reduced their price target on Fair Isaac from $1,549.00 to $1,070.00 and set an “outperform” rating for the company in a report on Friday, October 2nd. Raymond James Financial dropped their price objective on Fair Isaac from $1,750.00 to $1,230.00 and set an “outperform” rating on the stock in a report on Tuesday, October 13th. Finally, Griffin Securities set a $897.00 target price on Fair Isaac in a research note on Monday, October 26th. Nine research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $922.75.

Fair Isaac Price Performance

Shares of FICO opened at $708.25 on Thursday. Fair Isaac has a 1-year low of $586.05 and a 1-year high of $1,858.91. The stock has a market cap of $15.30 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 0.85 and a beta of 1.36. The firm has a 50 day simple moving average of $836.72 and a 200-day simple moving average of $1,111.06.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, November 4th. The technology company reported $11.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.69 by $0.41. The firm had revenue of $657.05 million for the quarter, compared to analyst estimates of $651.73 million. Fair Isaac had a negative return on equity of 31.37% and a net margin of 32.94%. Fair Isaac’s revenue was up 27.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.74 EPS. On average, equities analysts expect that Fair Isaac will post 40.03 earnings per share for the current fiscal year.

Institutional Trading of Fair Isaac

Several hedge funds have recently added to or reduced their stakes in FICO. BlackRock Inc. bought a new stake in shares of Fair Isaac during the second quarter valued at about $2,491,517,000. Primecap Management Co. CA bought a new position in shares of Fair Isaac in the second quarter valued at $433,508,000. Van ECK Associates Corp lifted its holdings in shares of Fair Isaac by 95.0% during the second quarter. Van ECK Associates Corp now owns 223,798 shares of the technology company’s stock valued at $267,389,000 after purchasing an additional 109,027 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Fair Isaac by 9.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 175,917 shares of the technology company’s stock valued at $187,798,000 after buying an additional 14,792 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in Fair Isaac in the 2nd quarter worth approximately $173,157,000. Institutional investors own 85.75% of the company’s stock.

Key Headlines Impacting Fair Isaac

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
• Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
• Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
• Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.