Brokerages Set Fair Isaac Corporation (NYSE:FICO) PT at $2,071.43

Shares of Fair Isaac Corporation (NYSE:FICO) have been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are presently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $2,071.4286.

A number of brokerages have recently issued reports on FICO. Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Wells Fargo & Company boosted their price objective on Fair Isaac from $2,400.00 to $2,500.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group cut their target price on shares of Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a report on Monday. JPMorgan Chase & Co. lifted their target price on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Finally, BMO Capital Markets dropped their price target on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th.

Insider Activity at Fair Isaac

In other news, Director Eva Manolis sold 521 shares of the firm’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at approximately $628,085.52. This trade represents a 60.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the transaction, the chief financial officer owned 2,804 shares in the company, valued at $5,075,240. This represents a 33.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 4,347 shares of company stock worth $7,691,229 over the last quarter. 3.02% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fair Isaac

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Westside Investment Management Inc. purchased a new stake in Fair Isaac during the 2nd quarter valued at about $26,000. Hilltop National Bank bought a new position in shares of Fair Isaac in the second quarter worth approximately $27,000. Physician Wealth Advisors Inc. lifted its stake in shares of Fair Isaac by 166.7% in the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after buying an additional 10 shares in the last quarter. Ransom Advisory Ltd purchased a new stake in shares of Fair Isaac during the third quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 2.4%

FICO opened at $1,353.96 on Tuesday. The company has a 50 day moving average of $1,652.22 and a 200 day moving average of $1,599.06. Fair Isaac has a 12 month low of $1,284.30 and a 12 month high of $2,217.60. The company has a market cap of $32.12 billion, a PE ratio of 50.11, a price-to-earnings-growth ratio of 1.41 and a beta of 1.27.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 EPS for the quarter, beating analysts’ consensus estimates of $7.08 by $0.25. The company had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. Fair Isaac’s revenue was up 16.4% compared to the same quarter last year. During the same period last year, the business earned $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Research analysts forecast that Fair Isaac will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Company Profile

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.