Fair Isaac (NYSE:FICO) Stock Price Target Lowered at Barclays

Fair Isaac (NYSE:FICO) had its price target lowered by Barclays from $875.00 to $800.00 in a research report released on Thursday,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

A number of other equities analysts also recently issued reports on FICO. Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $735.00 to $650.00 and set an “equal weight” rating on the stock in a report on Thursday. Credit Suisse Group set a $1,150.00 target price on Fair Isaac in a research report on Wednesday, September 30th. JPMorgan Chase & Co. cut their target price on shares of Fair Isaac from $1,530.00 to $900.00 and set a “neutral” rating for the company in a research note on Monday, October 26th. Weiss Ratings downgraded Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Finally, BMO Capital Markets reduced their target price on shares of Fair Isaac from $1,150.00 to $897.00 and set an “outperform” rating on the stock in a report on Monday, October 26th. Nine equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $922.75.

Fair Isaac Trading Up 1.0%

NYSE:FICO opened at $708.25 on Thursday. Fair Isaac has a 12 month low of $586.05 and a 12 month high of $1,858.91. The company has a market cap of $15.30 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.85 and a beta of 1.36. The company has a 50 day simple moving average of $836.72 and a two-hundred day simple moving average of $1,111.06.

Fair Isaac (NYSE:FICO) last announced its earnings results on Wednesday, November 4th. The technology company reported $11.10 earnings per share for the quarter, beating analysts’ consensus estimates of $10.69 by $0.41. The business had revenue of $657.05 million during the quarter, compared to analyst estimates of $651.73 million. Fair Isaac had a net margin of 32.94% and a negative return on equity of 31.37%. The company’s quarterly revenue was up 27.4% compared to the same quarter last year. During the same period in the previous year, the business earned $7.74 EPS. Research analysts forecast that Fair Isaac will post 40.03 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Keating Financial Advisory Services Inc. purchased a new position in Fair Isaac during the second quarter valued at approximately $30,000. Western Wealth Management LLC acquired a new position in Fair Isaac during the 1st quarter valued at about $29,000. Versant Capital Management Inc increased its holdings in shares of Fair Isaac by 120.0% during the second quarter. Versant Capital Management Inc now owns 44 shares of the technology company’s stock valued at $53,000 after acquiring an additional 24 shares in the last quarter. Clearstead Trust LLC acquired a new position in Fair Isaac during the 2nd quarter valued at approximately $100,000. Finally, Eastern Bank increased its position in shares of Fair Isaac by 177.1% in the 2nd quarter. Eastern Bank now owns 97 shares of the technology company’s stock valued at $116,000 after acquiring an additional 62 shares during the period. Institutional investors own 85.75% of the company’s stock.

Key Fair Isaac News

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
• Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
• Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
• Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.