Fair Isaac (NYSE:FICO) Shares Gap Down – Here’s What Happened

Fair Isaac Corporation (NYSE:FICO)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $1,118.93, but opened at $934.39. Fair Isaac shares last traded at $927.3620, with a volume of 274,716 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. 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 on the stock in a research report on Tuesday, May 19th. Jefferies Financial Group set a $1,675.00 price objective on Fair Isaac in a report on Monday, August 3rd. UBS Group lowered their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating for the company in a research report on Wednesday, August 12th. Finally, Wells Fargo & Company raised their target price on Fair Isaac from $1,400.00 to $1,450.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,553.69.

Fair Isaac Stock Down 18.0%

The company has a market cap of $19.82 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 0.99 and a beta of 1.32. The stock’s 50-day simple moving average is $1,174.33 and its 200 day simple moving average is $1,167.44.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, beating analysts’ consensus estimates of $11.76 by $0.42. The business had revenue of $674.19 million during the quarter, compared to analysts’ expectations of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The business’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same period last year, the business earned $8.57 earnings per share. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, sell-side analysts expect that Fair Isaac Corporation will post 37.37 EPS for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares in the company, valued at approximately $697,200. This trade represents a 66.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.02% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FICO. Canada Pension Plan Investment Board purchased a new position in shares of Fair Isaac during the second quarter worth about $1,737,000. Bank of America Corp DE raised 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 acquiring an additional 7,154 shares during the last quarter. Soltis Investment Advisors LLC acquired a new stake in Fair Isaac during the 4th quarter worth approximately $2,379,000. Brighton Jones LLC lifted its position in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after acquiring an additional 302 shares during the period. Finally, Titan Global Capital Management USA LLC grew its stake in shares of Fair Isaac by 42.6% in the 4th quarter. Titan Global Capital Management USA LLC now owns 7,993 shares of the technology company’s stock valued at $13,513,000 after purchasing an additional 2,387 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

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.