Fair Isaac (NYSE:FICO) Issues Earnings Results

Fair Isaac (NYSE:FICO) issued its quarterly earnings results on Wednesday. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38, FiscalAI reports. The business had revenue of $515.75 million during the quarter, compared to analyst estimates of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.Fair Isaac’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.54 EPS. Fair Isaac updated its FY 2026 guidance to 38.170-38.170 EPS.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded up $65.18 during trading on Friday, hitting $1,739.98. The company’s stock had a trading volume of 252,154 shares, compared to its average volume of 285,092. The company has a market capitalization of $41.77 billion, a PE ratio of 68.05, a PEG ratio of 1.63 and a beta of 1.34. The stock’s 50-day moving average price is $1,607.58 and its two-hundred day moving average price is $1,670.12. Fair Isaac has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of recent analyst reports. Griffin Securities set a $1,800.00 target price on Fair Isaac in a research note on Monday, August 18th. BMO Capital Markets reduced their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research note on Thursday. Seaport Res Ptn raised Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Wells Fargo & Company lifted their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. raised their target price on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a report on Thursday. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,118.50.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,942 shares of Fair Isaac stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the sale, the chief executive officer owned 43,207 shares of the company’s stock, valued at approximately $70,485,307.38. The trade was a 10.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 18,032 shares of company stock valued at $28,094,085 over the last quarter. 3.46% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FICO. Headlands Technologies LLC acquired a new position in shares of Fair Isaac in the second quarter valued at approximately $1,077,000. MUFG Securities EMEA plc bought a new stake in shares of Fair Isaac during the 2nd quarter worth approximately $132,000. Rakuten Securities Inc. increased its position in Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after purchasing an additional 12 shares in the last quarter. State of Tennessee Department of Treasury boosted its position in Fair Isaac by 11.1% during the 2nd quarter. State of Tennessee Department of Treasury now owns 6,778 shares of the technology company’s stock worth $12,390,000 after buying an additional 678 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Fair Isaac by 1.7% during the 2nd quarter. Captrust Financial Advisors now owns 78,822 shares of the technology company’s stock worth $144,083,000 after purchasing an additional 1,308 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

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.