Wall Street Zen Upgrades Fair Isaac (NYSE:FICO) to Buy

Fair Isaac (NYSE:FICO) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

FICO has been the topic of a number of other reports. Raymond James Financial reissued an “outperform” rating and set a $1,750.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. JPMorgan Chase & Co. cut their price target on Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Bank of America reduced their price objective on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Jefferies Financial Group lowered their price objective on 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. Finally, Barclays cut their target price on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,626.50.

Fair Isaac Price Performance

NYSE:FICO opened at $1,097.33 on Friday. The stock has a market cap of $25.45 billion, a P/E ratio of 34.76, a PEG ratio of 0.97 and a beta of 1.28. Fair Isaac has a one year low of $870.01 and a one year high of $1,998.01. The company has a fifty day moving average price of $1,125.22 and a 200 day moving average price of $1,339.76.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) 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 company had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. During the same period last year, the business posted $7.81 EPS. The business’s quarterly revenue was up 38.7% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, equities research analysts anticipate that Fair Isaac will post 38.06 EPS for the current year.

Fair Isaac announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Fair Isaac

A number of hedge funds have recently made changes to their positions in the company. Bayban acquired a new stake in Fair Isaac in the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. lifted its position in Fair Isaac by 166.7% during the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the period. Western Wealth Management LLC bought a new position in shares of Fair Isaac in the 1st quarter valued at about $29,000. Torren Management LLC bought a new position in shares of Fair Isaac in the 4th quarter valued at about $30,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Fair Isaac during the 4th quarter worth approximately $42,000. Institutional investors and hedge funds 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.