Fair Isaac Corporation (NYSE:FICO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Fair Isaac Corporation (NYSE:FICO) have received an average recommendation of “Moderate Buy” from the fifteen ratings firms that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $1,619.3571.

A number of equities analysts have commented on the stock. UBS Group dropped their target price on shares of Fair Isaac from $1,200.00 to $1,150.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Needham & Company LLC dropped their target price on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Barclays dropped their target price on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th.

Hedge Funds Weigh In On Fair Isaac

A number of hedge funds and other institutional investors have recently modified their holdings of FICO. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares in the last quarter. Capital World Investors boosted its stake in shares of Fair Isaac by 874.4% during the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock valued at $1,209,784,000 after purchasing an additional 725,432 shares in the last quarter. Capital Research Global Investors bought a new position in shares of Fair Isaac during the fourth quarter valued at approximately $516,615,000. Capital International Investors boosted its stake in shares of Fair Isaac by 402.8% during the third quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock valued at $565,513,000 after purchasing an additional 302,734 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Fair Isaac during the fourth quarter valued at approximately $490,209,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,140.90 on Monday. The company has a market capitalization of $26.46 billion, a P/E ratio of 36.14, a P/E/G ratio of 1.00 and a beta of 1.28. The company’s 50-day simple moving average is $1,104.45 and its two-hundred day simple moving average is $1,378.91. 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 earnings results on Tuesday, April 28th. The technology company reported $12.50 EPS for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The business had revenue of $691.68 million for the quarter, compared to the consensus estimate of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The company’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, research analysts expect that Fair Isaac will post 38.06 EPS for the current fiscal year.

Fair Isaac declared that its Board of Directors has approved a share buyback program 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 programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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.