Fair Isaac (NYSE:FICO) Coverage Initiated at Bank of America

Bank of America assumed coverage on shares of Fair Isaac (NYSE:FICO) in a research report issued to clients and investors on Tuesday. The firm set a “buy” rating and a $1,900.00 price target on the technology company’s stock. Bank of America‘s price target indicates a potential upside of 38.92% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. The Goldman Sachs Group reduced their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Jefferies Financial Group boosted their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Finally, Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $2,007.14.

Fair Isaac Trading Up 1.2%

FICO opened at $1,367.70 on Tuesday. The stock has a market capitalization of $32.44 billion, a P/E ratio of 50.62, a PEG ratio of 1.37 and a beta of 1.27. The stock has a 50-day moving average price of $1,578.21 and a 200-day moving average price of $1,590.75. Fair Isaac has a 12-month low of $1,280.86 and a 12-month high of $2,217.60.

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, beating analysts’ consensus estimates of $7.08 by $0.25. The company had revenue of $766.00 million for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period last year, the firm posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. On average, equities research analysts predict that Fair Isaac will post 24.15 EPS for the current year.

Insider Buying and Selling

In other Fair Isaac news, Director Eva Manolis sold 521 shares of the company’s 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 transaction, the director directly owned 344 shares in the company, valued at approximately $628,085.52. This represents a 60.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction dated 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 sale, the director directly owned 11,204 shares in the company, valued at $15,237,440. The trade was a 3.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,305 shares of company stock valued at $4,019,197 over the last quarter. 3.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV grew its stake in Fair Isaac by 17.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 1,503 shares of the technology company’s stock worth $2,339,000 after purchasing an additional 224 shares during the period. Vident Advisory LLC grew its position in shares of Fair Isaac by 1.7% in the 4th quarter. Vident Advisory LLC now owns 4,503 shares of the technology company’s stock worth $7,613,000 after buying an additional 76 shares during the period. Beacon Pointe Advisors LLC lifted its position in Fair Isaac by 2.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 1,058 shares of the technology company’s stock valued at $1,789,000 after acquiring an additional 29 shares during the period. First Citizens Bank & Trust Co. bought a new stake in Fair Isaac during the fourth quarter worth about $2,795,000. Finally, Delta Global Management LP grew its holdings in Fair Isaac by 76.0% in the fourth quarter. Delta Global Management LP now owns 15,880 shares of the technology company’s stock worth $26,847,000 after purchasing an additional 6,856 shares during the period. 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.