Fair Isaac (NYSE:FICO) Given New $900.00 Price Target at JPMorgan Chase & Co.

Fair Isaac (NYSE:FICO) had its target price dropped by investment analysts at JPMorgan Chase & Co. from $1,530.00 to $900.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 21.31% from the company’s current price.

Several other research firms have also weighed in on FICO. Needham & Company LLC lowered their price objective on Fair Isaac from $1,650.00 to $1,100.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. UBS Group reiterated a “neutral” rating and issued a $942.00 price target on shares of Fair Isaac in a research report on Monday. Bank of America lowered Fair Isaac from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $1,400.00 to $700.00 in a research note on Wednesday, September 30th. Susquehanna set a $700.00 price objective on Fair Isaac in a report on Wednesday, September 30th. Finally, Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday. Nine analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Hold” and an average target price of $1,014.00.

Fair Isaac Price Performance

Shares of NYSE FICO traded down $73.43 during trading hours on Monday, reaching $741.88. The stock had a trading volume of 405,095 shares, compared to its average volume of 445,721. The business’s fifty day moving average is $909.16 and its two-hundred day moving average is $1,065.05. The company has a market cap of $16.02 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 0.97 and a beta of 1.35. Fair Isaac has a twelve month low of $586.05 and a twelve month high of $1,858.91.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. During the same quarter in the previous year, the firm posted $8.57 EPS. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts forecast that Fair Isaac will post 36.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In other news, Director Eva Manolis sold 967 shares of the firm’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares in the company, valued at approximately $697,200. This trade represents a 66.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.02% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in FICO. Heartland Bank & Trust Co grew its position in Fair Isaac by 2.9% in the first quarter. Heartland Bank & Trust Co now owns 468 shares of the technology company’s stock worth $500,000 after buying an additional 13 shares during the last quarter. FNY Investment Advisers LLC increased its holdings in shares of Fair Isaac by 3.6% in the second quarter. FNY Investment Advisers LLC now owns 398 shares of the technology company’s stock valued at $475,000 after buying an additional 14 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Fair Isaac by 4.5% during the 2nd quarter. NewEdge Advisors LLC now owns 324 shares of the technology company’s stock valued at $387,000 after acquiring an additional 14 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Fair Isaac by 10.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 164 shares of the technology company’s stock valued at $196,000 after acquiring an additional 16 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Fair Isaac by 2.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 577 shares of the technology company’s stock valued at $342,000 after acquiring an additional 16 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.