Fair Isaac (NYSE:FICO) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Fair Isaac (NYSE:FICO) had its price target reduced by JPMorgan Chase & Co. from $1,530.00 to $900.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a neutral rating on the technology company’s stock.

Other equities analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Jefferies Financial Group restated a “buy” rating on shares of Fair Isaac in a research note on Tuesday, September 29th. Robert W. Baird lowered their price target on Fair Isaac from $1,549.00 to $1,070.00 and set an “outperform” rating for the company in a research report on Friday, October 2nd. Huber Research lowered Fair Isaac to a “strong sell” rating in a research report on Tuesday, September 29th. Finally, Needham & Company LLC dropped their price objective on Fair Isaac from $1,650.00 to $1,100.00 and set a “buy” rating for the company in a research note on Tuesday, October 13th. Nine investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,014.00.

Fair Isaac Trading Up 0.8%

NYSE FICO opened at $696.98 on Monday. The stock has a market cap of $15.05 billion, a PE ratio of 20.13, a P/E/G ratio of 0.97 and a beta of 1.35. The stock has a fifty day simple moving average of $889.56 and a 200-day simple moving average of $1,138.09. 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 for the quarter, beating analysts’ consensus estimates 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 business had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. During the same period last year, the business earned $8.57 earnings per share. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. Research analysts predict that Fair Isaac will post 36.81 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FICO. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Fair Isaac by 29.3% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 42,711 shares of the technology company’s stock valued at $25,305,000 after purchasing an additional 9,682 shares during the period. Motley Fool Asset Management LLC increased its holdings in Fair Isaac by 6.6% during the 3rd quarter. Motley Fool Asset Management LLC now owns 826 shares of the technology company’s stock worth $489,000 after purchasing an additional 51 shares during the period. Generali Asset Management SPA SGR increased its holdings in Fair Isaac by 2.2% during the 3rd quarter. Generali Asset Management SPA SGR now owns 887 shares of the technology company’s stock worth $526,000 after purchasing an additional 19 shares during the period. Asset Management One Co. Ltd. increased its holdings in Fair Isaac by 0.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 16,475 shares of the technology company’s stock worth $9,761,000 after purchasing an additional 147 shares during the period. Finally, T3 Companies LLC purchased a new stake in Fair Isaac during the 3rd quarter worth about $1,426,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Key Stories Impacting Fair Isaac

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: Wall Street expects Fair Isaac to report earnings growth in its upcoming quarterly results, supporting the longer-term investment case. However, the available preview says FICO lacks the usual indicators for a likely earnings beat, limiting the potential upside from results. Fair Isaac Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Mizuho Securities reaffirmed its Buy rating, indicating that at least one major analyst continues to view FICO’s valuation and growth prospects favorably. Mizuho Securities Reaffirms Their Buy Rating on Fair Isaac
• Neutral Sentiment: Recent analyst commentary remains mixed, with some analysts arguing that the sharp selloff has not eliminated FICO’s underlying business opportunity, while others continue to reassess the stock’s valuation and outlook. Fair Isaac Fell 58%, But The Story Isn’t Over
• Negative Sentiment: JPMorgan lowered its expectations for FICO’s stock price, adding pressure to the shares and reinforcing concerns that the recent decline may reflect a more cautious valuation outlook. JPMorgan Lowers Expectations for Fair Isaac Stock
• Negative Sentiment: Wells Fargo downgraded FICO to Equal Weight from Overweight, while the broader consensus price target was also reduced. These actions signal declining confidence in near-term upside. Wells Fargo Downgrades Fair Isaac
• Negative Sentiment: FICO’s decision to freeze mortgage-score pricing is raising questions about pricing power, particularly as VantageScore competes for market share. The move could reduce near-term revenue and margin upside, although it may help retain customers. FICO Seeks to Fend Off VantageScore With $10 Bundle

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.