Jefferies Financial Group Cuts Fair Isaac (NYSE:FICO) Price Target to $2,100.00

Fair Isaac (NYSE:FICO) had its target price cut by Jefferies Financial Group from $2,150.00 to $2,100.00 in a report published on Thursday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Other equities analysts also recently issued reports about the company. Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Griffin Securities set a $1,800.00 price objective on Fair Isaac in a report on Monday, August 18th. Oppenheimer cut Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Needham & Company LLC reiterated a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a research report on Thursday, October 2nd. Finally, BMO Capital Markets cut their price target on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $2,118.50.

Fair Isaac Price Performance

FICO opened at $1,739.98 on Thursday. The firm has a market capitalization of $41.77 billion, a PE ratio of 68.05, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The business’s 50-day moving average is $1,607.58 and its two-hundred day moving average is $1,668.68. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,402.51.

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

Insider Activity at Fair Isaac

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 shares were sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the completion of the transaction, the chief executive officer directly owned 43,207 shares of the company’s stock, valued at $70,485,307.38. The trade was a 10.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 18,032 shares of company stock worth $28,094,085. 3.46% of the stock is owned by company insiders.

Institutional Trading of Fair Isaac

Hedge funds have recently added to or reduced their stakes in the company. Westside Investment Management Inc. purchased a new position in Fair Isaac in the second quarter valued at $26,000. Geo Capital Gestora de Recursos Ltd acquired a new stake in shares of Fair Isaac during the 1st quarter valued at about $28,000. ORG Partners LLC purchased a new position in shares of Fair Isaac in the 2nd quarter valued at about $27,000. Hilltop National Bank purchased a new position in shares of Fair Isaac in the 2nd quarter valued at about $27,000. Finally, N.E.W. Advisory Services LLC acquired a new position in Fair Isaac in the 1st quarter worth about $30,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Company Profile

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.