Fair Isaac (NYSE:FICO) Now Covered by Mizuho

Mizuho began coverage on shares of Fair Isaac (NYSE:FICO) in a research note released on Thursday, Marketbeat Ratings reports. The firm issued an outperform rating and a $1,416.00 target price on the technology company’s stock.

A number of other analysts also recently commented on FICO. The Goldman Sachs Group cut their price objective on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Barclays dropped their target price on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a report on Friday, April 10th. Wells Fargo & Company reduced their price target on Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a report on Wednesday, March 18th. Robert W. Baird dropped their price objective on shares of Fair Isaac from $1,960.00 to $1,547.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Finally, Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research report on Thursday, February 26th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,803.14.

Fair Isaac Price Performance

NYSE FICO traded up $18.97 on Thursday, hitting $1,088.90. The company had a trading volume of 19,634 shares, compared to its average volume of 340,615. The company has a market capitalization of $25.83 billion, a PE ratio of 40.21, a PEG ratio of 0.99 and a beta of 1.38. The company’s fifty day moving average price is $1,212.42 and its 200-day moving average price is $1,511.02. Fair Isaac has a 12-month low of $909.00 and a 12-month high of $2,217.60.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, topping the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. During the same quarter in the prior year, the firm earned $5.79 EPS. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, sell-side analysts anticipate that Fair Isaac will post 24.15 EPS for the current year.

Fair Isaac announced that its board has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In other news, Director Eva Manolis sold 520 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the sale, the director owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is owned by insiders.

Hedge Funds Weigh In On Fair Isaac

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Flywheel Private Wealth LLC acquired a new position in Fair Isaac during the 1st quarter worth approximately $214,000. SG Americas Securities LLC raised its stake in Fair Isaac by 29.8% during the 1st quarter. SG Americas Securities LLC now owns 12,854 shares of the technology company’s stock worth $13,722,000 after acquiring an additional 2,953 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in shares of Fair Isaac by 15.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 9,445 shares of the technology company’s stock valued at $10,083,000 after purchasing an additional 1,250 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Fair Isaac by 39.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,206 shares of the technology company’s stock valued at $2,039,000 after acquiring an additional 340 shares during the period. Finally, Bayban purchased a new position in Fair Isaac during the 4th quarter worth $25,000. Hedge funds and other 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.