Brokerages Set Fair Isaac Corporation (NYSE:FICO) Target Price at $1,655.07

Shares of Fair Isaac Corporation (NYSE:FICO) have earned an average rating of “Moderate Buy” from the fifteen research firms that are currently covering the company, Marketbeat reports. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $1,619.3571.

A number of analysts have commented on the stock. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday. JPMorgan Chase & Co. cut their price objective on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Jefferies Financial Group dropped their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a report on Monday, May 4th. Needham & Company LLC decreased their price target on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Finally, Barclays decreased their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,230.41 on Thursday. Fair Isaac has a one year low of $870.01 and a one year high of $1,998.01. The firm has a market cap of $28.53 billion, a price-to-earnings ratio of 38.97, a PEG ratio of 1.05 and a beta of 1.24. The firm’s fifty day moving average is $1,079.45 and its two-hundred day moving average is $1,419.17.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, beating the consensus estimate of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same period in the prior year, the company earned $7.81 earnings per share. The firm’s revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities research analysts predict that Fair Isaac will post 37.99 earnings per share for the current fiscal year.

Fair Isaac declared that its Board of Directors has approved a stock buyback plan on Wednesday, February 25th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total value of $638,367.60. Following the completion of the transaction, the director owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 3.02% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fair Isaac

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FICO. Brighton Jones LLC boosted its position in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the period. Great Lakes Advisors LLC boosted its position in Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after buying an additional 6 shares during the period. Woodline Partners LP boosted its position in Fair Isaac by 46.1% in the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock valued at $3,943,000 after buying an additional 675 shares during the period. Treasurer of the State of North Carolina boosted its position in Fair Isaac by 18.0% in the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock valued at $25,659,000 after buying an additional 2,146 shares during the period. Finally, Alliancebernstein L.P. boosted its position in Fair Isaac by 16.1% in the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock valued at $387,431,000 after buying an additional 29,408 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

About Fair Isaac

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.