Brokerages Set Fair Isaac Corporation (NYSE:FICO) Price Target at $1,553.69

Shares of Fair Isaac Corporation (NYSE:FICO) have been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $1,553.6923.

Several equities research analysts have commented on the stock. Jefferies Financial Group set a $1,675.00 target price on shares of Fair Isaac in a research report on Monday, August 3rd. Wells Fargo & Company raised their price objective on shares of Fair Isaac from $1,400.00 to $1,450.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Raymond James Financial reissued an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a report on Wednesday, April 29th. JPMorgan Chase & Co. lowered 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 report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th.

Fair Isaac Price Performance

FICO opened at $1,165.63 on Friday. The business has a 50 day simple moving average of $1,172.94 and a 200-day simple moving average of $1,180.67. The stock has a market capitalization of $25.18 billion, a P/E ratio of 33.67, a P/E/G ratio of 1.05 and a beta of 1.30. Fair Isaac has a 12 month low of $870.01 and a 12 month high of $1,998.01.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping analysts’ consensus estimates of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a negative return on equity of 32.51% and a net margin of 34.05%.Fair Isaac’s quarterly revenue was up 25.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Research analysts anticipate that Fair Isaac will post 37.37 EPS for the current year.

Insiders Place Their Bets

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the transaction, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. The trade was a 66.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.02% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System boosted its position in shares of Fair Isaac by 115,419.1% in the 2nd quarter. California State Teachers Retirement System now owns 40,371,616 shares of the technology company’s stock worth $48,235,199,000 after buying an additional 40,336,668 shares in the last quarter. XXEC Inc. purchased a new position in Fair Isaac during the 2nd quarter valued at about $33,189,000. Northwestern Mutual Wealth Management Co. increased its holdings in Fair Isaac by 480,776.3% during the 4th 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 acquiring an additional 3,326,972 shares in the last quarter. BlackRock Inc. acquired a new position in Fair Isaac during the second quarter worth about $2,491,517,000. Finally, Primecap Management Co. CA acquired a new position in Fair Isaac during the second quarter worth about $433,508,000. Hedge funds and other 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.