Fair Isaac (NYSE:FICO) Stock Rating Upgraded by Mizuho

Fair Isaac (NYSE:FICO) was upgraded by Mizuho to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

A number of other analysts have also weighed in on the stock. JPMorgan Chase & Co. reduced their price objective on shares of Fair Isaac from $1,825.00 to $1,325.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 24th. Jefferies Financial Group increased their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Wells Fargo & Company reduced their price objective on shares of Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 18th. The Goldman Sachs Group reduced their price objective on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Robert W. Baird reduced their price objective on shares of Fair Isaac from $1,960.00 to $1,547.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,803.14.

Fair Isaac Trading Up 3.7%

Shares of NYSE FICO opened at $1,069.21 on Thursday. The firm’s 50-day moving average price is $1,212.42 and its 200-day moving average price is $1,511.02. The stock has a market capitalization of $25.36 billion, a price-to-earnings ratio of 39.57, a P/E/G ratio of 0.99 and a beta of 1.38. Fair Isaac has a 12-month low of $909.00 and a 12-month high of $2,217.60.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm had revenue of $766.00 million for the quarter, compared to analysts’ expectations of $501.05 million. During the same period in the prior year, the company earned $5.79 EPS. The business’s revenue was up 16.4% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities analysts predict that Fair Isaac will post 24.15 EPS for the current fiscal year.

Fair Isaac declared that its board has initiated a share buyback plan on Wednesday, February 25th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are 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 sale, the director directly owned 344 shares in the company, valued at $422,304.72. This trade represents a 60.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the sale, the director owned 11,204 shares of the company’s stock, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.02% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FICO. Brighton Jones LLC raised its holdings in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after buying an additional 302 shares during the last quarter. Great Lakes Advisors LLC raised its holdings in shares of Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after purchasing an additional 6 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Fair Isaac by 46.1% during the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after purchasing an additional 675 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Fair Isaac by 18.0% during the second quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after purchasing an additional 2,146 shares during the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of Fair Isaac by 16.1% during the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after purchasing an additional 29,408 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Company Profile

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.