Fair Isaac (NYSE:FICO) Stock Price Down 12% Following Analyst Downgrade

Fair Isaac Corporation (NYSE:FICO)’s share price dropped 12% during mid-day trading on Friday after Barclays lowered their price target on the stock from $2,400.00 to $1,950.00. Barclays currently has an overweight rating on the stock. Fair Isaac traded as low as $999.01 and last traded at $943.9390. Approximately 27,636 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 325,383 shares. The stock had previously closed at $1,072.35.

Several other research analysts have also weighed in on FICO. Wells Fargo & Company dropped their target price on Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 18th. UBS Group dropped their target price on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. JPMorgan Chase & Co. dropped their target price on Fair Isaac from $1,825.00 to $1,325.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 24th. The Goldman Sachs Group dropped their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group upped their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $1,832.92.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total value of $638,367.60. Following the sale, the director owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total value of $486,880.00. Following the completion of the sale, the director directly owned 11,204 shares in the company, valued at $15,237,440. This trade represents a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.02% of the company’s stock.

Institutional Trading of Fair Isaac

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in Fair Isaac by 480,776.3% in 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 buying an additional 3,326,972 shares during the last quarter. Vanguard Group Inc. grew its holdings in Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after buying an additional 72,224 shares during the last quarter. State Street Corp grew its holdings in Fair Isaac by 1.2% in the 2nd quarter. State Street Corp now owns 1,083,410 shares of the technology company’s stock valued at $1,980,430,000 after buying an additional 13,018 shares during the last quarter. Capital World Investors grew its holdings in Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock valued at $1,512,417,000 after buying an additional 86,200 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Fair Isaac by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after buying an additional 8,886 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Down 13.3%

The stock has a market cap of $22.06 billion, a price-to-earnings ratio of 34.47, a price-to-earnings-growth ratio of 1.05 and a beta of 1.38. The stock has a fifty day simple moving average of $1,251.36 and a 200-day simple moving average of $1,529.53.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.08 by $0.25. The firm had revenue of $766.00 million for the quarter, compared to analyst estimates of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company’s revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $5.79 EPS. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Sell-side analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac announced that its Board of Directors has approved a share buyback program on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to buy up to 5.2% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management 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.