BMO Capital Markets Has Lowered Expectations for Fair Isaac (NYSE:FICO) Stock Price

Fair Isaac (NYSE:FICO) had its price target lowered by investment analysts at BMO Capital Markets from $2,300.00 to $2,200.00 in a research note issued on Thursday, MarketBeat.com reports. The brokerage presently has an “outperform” rating on the technology company’s stock. BMO Capital Markets’ target price points to a potential upside of 26.44% from the stock’s current price.

Other equities analysts also recently issued reports about the stock. Wells Fargo & Company raised their price objective on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a research note on Monday, August 18th. Needham & Company LLC reiterated a “buy” rating and issued a $1,950.00 price objective on shares of Fair Isaac in a research note on Thursday, October 2nd. Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Finally, Barclays boosted their price target on Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $2,118.50.

Fair Isaac Trading Up 3.9%

Fair Isaac stock traded up $65.18 on Thursday, reaching $1,739.98. 252,154 shares of the stock were exchanged, compared to its average volume of 285,092. Fair Isaac has a twelve month low of $1,300.00 and a twelve month high of $2,402.51. The stock has a market cap of $41.77 billion, a PE ratio of 68.05, a PEG ratio of 1.63 and a beta of 1.34. The firm has a fifty day moving average price of $1,607.58 and a two-hundred day moving average price of $1,670.12.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. Fair Isaac’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter last year, the company posted $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts anticipate that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Activity

In related news, CEO William J. Lansing sold 6,011 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares in the company, valued at $64,787,175. This represents a 12.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 18,032 shares of company stock valued at $28,094,085 over the last three months. Insiders own 3.46% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Institutional investors have recently modified their holdings of the stock. Westside Investment Management Inc. bought a new position in Fair Isaac in the 2nd quarter worth approximately $26,000. Geo Capital Gestora de Recursos Ltd bought a new position in Fair Isaac in the 1st quarter valued at $28,000. ORG Partners LLC acquired a new stake in shares of Fair Isaac in the 2nd quarter valued at $27,000. Hilltop National Bank bought a new stake in shares of Fair Isaac during the second quarter worth $27,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Fair Isaac during the first quarter valued at $30,000. 85.75% of the stock is owned by institutional investors.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.