Fair Isaac (NYSE:FICO) Shares Down 5.5% – Here’s What Happened

Fair Isaac Corporation (NYSE:FICO)’s share price traded down 5.5% during trading on Tuesday . The stock traded as low as $1,204.01 and last traded at $1,207.8910. 114,883 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 343,696 shares. The stock had previously closed at $1,278.25.

Analyst Ratings Changes

FICO has been the topic of a number of recent analyst reports. The Goldman Sachs Group reduced their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Wall Street Zen lowered shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Barclays cut their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a report on Tuesday, June 9th. Finally, Wells Fargo & Company lowered their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Ten investment 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,627.93.

Fair Isaac Stock Performance

The firm has a market capitalization of $27.96 billion, a PE ratio of 38.19, a PEG ratio of 1.08 and a beta of 1.29. The company has a fifty day simple moving average of $1,193.16 and a two-hundred day simple moving average of $1,266.37.

Fair Isaac (NYSE:FICO) last announced 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. The firm had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The business’s revenue for the quarter was up 38.7% on a year-over-year basis. During the same quarter last year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities analysts anticipate that Fair Isaac Corporation will post 38 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Fair Isaac

Several hedge funds have recently modified their holdings of FICO. Northwestern Mutual Wealth Management Co. increased its holdings in Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after buying an additional 3,326,972 shares during the period. Capital World Investors lifted its holdings in Fair Isaac by 10.7% during the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after buying an additional 86,200 shares during the period. Geode Capital Management LLC boosted its position in Fair Isaac by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after acquiring an additional 8,886 shares in the last quarter. Morgan Stanley boosted its position in Fair Isaac by 2.3% during the 4th quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after acquiring an additional 11,363 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Fair Isaac by 13.4% in the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock valued at $774,518,000 after acquiring an additional 53,980 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.