Fair Isaac Corporation (NYSE:FICO) Receives $1,619.36 Average Target Price from Analysts

Shares of Fair Isaac Corporation (NYSE:FICO) have been given an average recommendation of “Moderate Buy” by the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $1,619.3571.

FICO has been the topic of several recent analyst reports. Bank of America cut their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating on the stock in a report on Tuesday, May 19th. Wells Fargo & Company cut their price objective on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Mizuho initiated coverage on Fair Isaac in a report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a report on Tuesday. Finally, Robert W. Baird set a $1,549.00 price objective on Fair Isaac in a report on Wednesday, April 29th.

Fair Isaac Trading Down 0.7%

Fair Isaac stock opened at $1,177.22 on Monday. The firm has a market capitalization of $27.30 billion, a P/E ratio of 37.29, a PEG ratio of 1.05 and a beta of 1.28. Fair Isaac has a 1 year low of $870.01 and a 1 year high of $1,998.01. The business has a 50-day moving average of $1,120.24 and a 200-day moving average of $1,362.61.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $691.68 million during the quarter, compared to analyst estimates of $630.21 million. During the same period in the previous year, the company earned $7.81 EPS. The company’s revenue for the quarter 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. Research analysts anticipate that Fair Isaac will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its board has authorized a stock buyback plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Fair Isaac

Institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in Fair Isaac by 480,776.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after acquiring an additional 3,326,972 shares in the last quarter. Capital World Investors lifted its stake in Fair Isaac by 874.4% in the 3rd quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after acquiring an additional 725,432 shares in the last quarter. Capital Research Global Investors bought a new stake in Fair Isaac in the 4th quarter valued at approximately $516,615,000. Capital International Investors lifted its stake in Fair Isaac by 402.8% in the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after acquiring an additional 302,734 shares in the last quarter. Finally, Norges Bank bought a new stake in Fair Isaac in the 4th quarter valued at approximately $490,209,000. Institutional investors own 85.75% of the company’s stock.

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.