Fair Isaac’s (FICO) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of Fair Isaac (NYSE:FICO) in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a $1,975.00 price target on the technology company’s stock.

Several other equities analysts also recently commented on FICO. BMO Capital Markets dropped their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Zacks Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Wells Fargo & Company lifted their target price on shares of Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. upped their price target on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th. Finally, Seaport Research Partners raised shares of Fair Isaac to a “strong-buy” rating in a research note on Wednesday, October 1st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $2,094.08.

Fair Isaac Trading Down 2.6%

Shares of NYSE:FICO opened at $1,463.16 on Thursday. The firm has a 50 day moving average of $1,684.97 and a 200-day moving average of $1,603.87. Fair Isaac has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The stock has a market capitalization of $34.71 billion, a PE ratio of 54.15, a PEG ratio of 1.60 and a beta of 1.30.

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

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the transaction, the chief executive officer owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eva Manolis sold 521 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 4,347 shares of company stock valued at $7,691,229. Corporate insiders own 3.46% of the company’s stock.

Institutional Trading of Fair Isaac

Several hedge funds have recently added to or reduced their stakes in FICO. Citizens Financial Group Inc. RI increased its stake in shares of Fair Isaac by 23.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 208 shares of the technology company’s stock worth $352,000 after purchasing an additional 39 shares in the last quarter. Interchange Capital Partners LLC boosted its holdings in Fair Isaac by 1.0% in the 4th quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after buying an additional 8 shares during the period. Keybank National Association OH grew its stake in Fair Isaac by 5.6% in the 4th quarter. Keybank National Association OH now owns 1,411 shares of the technology company’s stock valued at $2,385,000 after buying an additional 75 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in Fair Isaac by 8.1% during the 4th quarter. Wealthfront Advisers LLC now owns 2,866 shares of the technology company’s stock valued at $4,845,000 after acquiring an additional 215 shares during the period. Finally, Torren Management LLC purchased a new stake in shares of Fair Isaac during the fourth quarter worth $30,000. 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.