Fair Isaac (NYSE:FICO) Rating Lowered to “Hold” at Wall Street Zen

Fair Isaac (NYSE:FICO) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Sunday.

Several other analysts have also weighed in on FICO. Barclays lowered their price objective on shares of 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. The Goldman Sachs Group cut their target price on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Bank of America reduced their price target on shares of Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,650.00 price target on shares of Fair Isaac in a research note on Tuesday, June 9th. Finally, Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,626.50.

Fair Isaac Price Performance

NYSE FICO opened at $1,179.44 on Friday. The stock has a market capitalization of $27.35 billion, a P/E ratio of 37.36, a P/E/G ratio of 1.04 and a beta of 1.28. The business has a 50 day simple moving average of $1,137.56 and a 200 day simple moving average of $1,317.16. Fair Isaac has a one year low of $870.01 and a one year high of $1,998.01.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.03 by $1.47. The firm had revenue of $691.68 million for the quarter, compared to analyst estimates of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The company’s revenue was up 38.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts expect that Fair Isaac will post 38.06 earnings per share for the current year.

Hedge Funds Weigh In On Fair Isaac

Institutional investors have recently modified their holdings of the company. Empowered Funds LLC lifted its holdings in shares of Fair Isaac by 144.5% in the 1st quarter. Empowered Funds LLC now owns 6,380 shares of the technology company’s stock worth $6,811,000 after purchasing an additional 3,771 shares in the last quarter. NewEdge Advisors LLC increased its stake in Fair Isaac by 5.4% during the 1st quarter. NewEdge Advisors LLC now owns 310 shares of the technology company’s stock valued at $331,000 after purchasing an additional 16 shares in the last quarter. Western Wealth Management LLC bought a new stake in Fair Isaac during the 1st quarter valued at $29,000. Bank of America Corp DE increased its stake in Fair Isaac by 5.7% during 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 purchasing an additional 7,154 shares in the last quarter. Finally, Oddo BHF Asset Management Sas raised its holdings in Fair Isaac by 6.3% during the first quarter. Oddo BHF Asset Management Sas now owns 723 shares of the technology company’s stock worth $772,000 after buying an additional 43 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

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.