Fair Isaac (NYSE:FICO) Stock Price Up 4.6% – Still a Buy?

Fair Isaac Corporation (NYSE:FICO)’s share price shot up 4.6% on Monday. The stock traded as high as $692.59 and last traded at $698.0340. 183,107 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 429,114 shares. The stock had previously closed at $667.58.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FICO shares. Credit Suisse Group set a $1,150.00 price objective on Fair Isaac in a research note on Wednesday, September 30th. UBS Group lowered their target price on shares of Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. BMO Capital Markets cut their target price on shares of Fair Isaac from $1,550.00 to $1,150.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,650.00 target price on shares of Fair Isaac in a report on Thursday, July 30th. Finally, Zacks Research downgraded shares of Fair Isaac from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 7th. Ten equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of “Hold” and a consensus price target of $1,210.38.

Fair Isaac Stock Performance

The firm has a market cap of $15.37 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 0.76 and a beta of 1.35. The business has a fifty day moving average of $966.18 and a two-hundred day moving average of $1,084.79.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.76 by $0.42. The company had revenue of $674.19 million for the quarter, compared to the consensus estimate of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company’s revenue for the quarter was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, equities research analysts forecast that Fair Isaac Corporation will post 36.92 earnings per share for the current year.

Insider Buying and Selling at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the transaction, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. This trade represents a 66.01% decrease in their position. The sale was disclosed in a filing with the SEC, 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 currently owned by insiders.

Hedge Funds Weigh In On Fair Isaac

Institutional investors and hedge funds have recently bought and sold shares of the stock. XXEC Inc. acquired a new position in Fair Isaac in the 2nd quarter worth $33,189,000. BlackRock Inc. acquired a new stake in shares of Fair Isaac during the second quarter valued at about $2,491,517,000. Primecap Management Co. CA acquired a new stake in shares of Fair Isaac during the second quarter valued at about $433,508,000. Akre Capital Management LLC increased its position in shares of Fair Isaac by 6.4% during the fourth quarter. Akre Capital Management LLC now owns 277,445 shares of the technology company’s stock worth $469,054,000 after acquiring an additional 16,596 shares during the last quarter. Finally, Lindsell Train Ltd increased its position in shares of Fair Isaac by 15.2% during the first quarter. Lindsell Train Ltd now owns 249,422 shares of the technology company’s stock worth $266,268,000 after acquiring an additional 32,829 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, known as FICO, develops analytics and software used by businesses to make decisions about credit, risk, fraud, customer engagement and other operational activities. The company is best known for the FICO Score, a credit-risk scoring system used by lenders to help evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decision-management software, fraud detection and identity verification tools, and analytics platforms. Its products are used by financial institutions, insurers, retailers, telecommunications companies and other organizations to automate decisions, manage risk and improve customer relationships.