Fair Isaac Corporation (NYSE:FICO) Receives $1,619.36 Consensus Price Target from Analysts

Shares of Fair Isaac Corporation (NYSE:FICO) have been given a consensus recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $1,619.3571.

Several equities research analysts recently weighed in on FICO shares. Barclays cut their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Robert W. Baird set a $1,549.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Finally, Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research report on Monday, May 4th.

Fair Isaac Stock Down 0.2%

Shares of FICO opened at $1,177.22 on Monday. Fair Isaac has a fifty-two week low of $870.01 and a fifty-two week high of $1,998.01. The firm’s 50 day moving average price is $1,120.24 and its 200 day moving average price is $1,359.91. The company has a market cap of $27.30 billion, a P/E ratio of 37.29, a PEG ratio of 1.04 and a beta of 1.28.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping 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 firm had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. During the same period in the prior year, the firm earned $7.81 EPS. The firm’s revenue for the quarter was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Research analysts forecast that Fair Isaac will post 38.06 earnings per share for the current year.

Fair Isaac announced that its board has authorized a stock repurchase program on Wednesday, February 25th that allows the company to buyback $1.50 billion in shares. This buyback authorization allows the technology company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Fair Isaac

Several institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its stake in Fair Isaac by 5.4% during the first quarter. NewEdge Advisors LLC now owns 310 shares of the technology company’s stock worth $331,000 after purchasing an additional 16 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Fair Isaac in the 1st quarter valued at $29,000. Bank of America Corp DE grew its position in shares of Fair Isaac by 5.7% in the 1st quarter. Bank of America Corp DE now owns 133,448 shares of the technology company’s stock valued at $142,461,000 after buying an additional 7,154 shares during the last quarter. Oddo BHF Asset Management Sas grew its position in shares of Fair Isaac by 6.3% in the 1st quarter. Oddo BHF Asset Management Sas now owns 723 shares of the technology company’s stock valued at $772,000 after buying an additional 43 shares during the last quarter. Finally, Spyglass Capital Management LLC grew its position in shares of Fair Isaac by 13.7% in the 1st quarter. Spyglass Capital Management LLC now owns 56,350 shares of the technology company’s stock valued at $60,156,000 after buying an additional 6,811 shares during the last quarter. 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.