Brokerages Set Fair Isaac Corporation (NYSE:FICO) Price Target at $1,553.69

Shares of Fair Isaac Corporation (NYSE:FICO) have received a consensus rating of “Moderate Buy” from the sixteen research firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $1,553.6923.

A number of analysts recently commented on the company. Royal Bank Of Canada dropped their price objective on Fair Isaac from $2,400.00 to $1,525.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Needham & Company LLC restated a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. UBS Group lowered their price target on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. Weiss Ratings lowered shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Fair Isaac in a research note on Wednesday, September 9th.

Fair Isaac Stock Down 1.7%

NYSE:FICO opened at $949.65 on Wednesday. Fair Isaac has a 52-week low of $870.01 and a 52-week high of $1,998.01. The stock has a fifty day simple moving average of $1,113.05 and a 200-day simple moving average of $1,140.03. The company has a market capitalization of $20.51 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 0.87 and a beta of 1.32.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share 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 during the quarter, compared to the consensus estimate of $679.17 million. During the same period last year, the firm posted $8.57 EPS. The firm’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. As a group, equities analysts anticipate that Fair Isaac will post 37.2 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Eva Manolis sold 967 shares of the business’s stock in a transaction that occurred on Wednesday, July 29th. The shares were 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. The trade was a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board bought a new position in Fair Isaac during the 2nd quarter worth $1,737,000. Bank of America Corp DE boosted its holdings in shares of Fair Isaac by 5.7% during the first quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock valued at $142,461,000 after acquiring an additional 7,154 shares during the period. Titan Global Capital Management USA LLC grew its position in shares of Fair Isaac by 42.6% during the fourth quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock worth $13,513,000 after acquiring an additional 2,387 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Fair Isaac in the 2nd quarter valued at about $67,760,000. Finally, Altrafin AG bought a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $2,117,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

About Fair Isaac

Fair Isaac Corp. (NYSE:FICO), commonly known as FICO, is an analytics and decision-management software company best known for developing the FICO Score. The company’s scoring and predictive analytics products help lenders and other businesses evaluate credit risk, manage customer relationships and make data-driven decisions.

FICO provides software and services for a range of industries, including banking, insurance, telecommunications, retail and government. Its offerings include credit scoring solutions, fraud detection and prevention tools, customer engagement platforms, marketing analytics, and decision automation software designed to help organizations manage risk and improve operational efficiency.

The company was founded in 1956 by Bill Fair and Earl Isaac and originally operated as Fair, Isaac and Company.