Wells Fargo & Company Has Lowered Expectations for Fair Isaac (NYSE:FICO) Stock Price

Fair Isaac (NYSE:FICO) had its price objective cut by investment analysts at Wells Fargo & Company from $2,500.00 to $2,300.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 106.42% from the stock’s current price.

Several other equities analysts have also commented on FICO. Bank of America assumed coverage on Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price objective for the company. UBS Group lowered their target price on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Needham & Company LLC reissued a “buy” rating on shares of Fair Isaac in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Finally, Jefferies Financial Group raised their price target on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,956.92.

Fair Isaac Trading Down 7.4%

NYSE:FICO opened at $1,114.24 on Wednesday. Fair Isaac has a 12 month low of $1,068.67 and a 12 month high of $2,217.60. The company has a 50-day moving average price of $1,402.09 and a 200-day moving average price of $1,578.53. The stock has a market cap of $26.43 billion, a price-to-earnings ratio of 41.24, a P/E/G ratio of 1.16 and a beta of 1.28.

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

Fair Isaac announced that its Board of Directors has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 5.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Activity at Fair Isaac

In related news, Director Joanna Rees sold 358 shares of the 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 transaction, the director owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the sale, the director owned 344 shares in the company, valued at $422,304.72. This represents a 60.19% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Bayban purchased a new stake in shares of Fair Isaac during the 4th quarter valued at about $25,000. Physician Wealth Advisors Inc. boosted its stake in shares of Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after acquiring an additional 10 shares during the last quarter. Ransom Advisory Ltd purchased a new position in shares of Fair Isaac during the 3rd quarter worth $30,000. Meeder Asset Management Inc. grew its position in shares of Fair Isaac by 66.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after acquiring an additional 8 shares during the period. Finally, Root Financial Partners LLC bought a new position in Fair Isaac in the 3rd 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.