Brokerages Set Fair Isaac Corporation (NYSE:FICO) Price Target at $1,627.93

Shares of Fair Isaac Corporation (NYSE:FICO) have received a consensus recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the firm, Marketbeat Ratings reports. Five equities 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 objective among analysts that have covered the stock in the last year is $1,627.9286.

Several research firms recently weighed in on FICO. Mizuho started coverage on Fair Isaac in a report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price objective on the stock. Bank of America lowered their target price on Fair Isaac from $1,550.00 to $1,400.00 and set a “buy” rating for the company in a report on Tuesday, May 19th. Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, June 28th. Weiss Ratings lowered Fair Isaac from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, June 24th. Finally, The Goldman Sachs Group reduced their price target on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating on the stock in a report on Thursday, April 2nd.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,301.70 on Friday. Fair Isaac has a one year low of $870.01 and a one year high of $1,998.01. The company has a market cap of $30.19 billion, a price-to-earnings ratio of 41.23, a PEG ratio of 1.14 and a beta of 1.29. The firm has a 50 day simple moving average of $1,167.90 and a 200 day simple moving average of $1,287.12.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. The firm had revenue of $691.68 million for the quarter, compared to analysts’ expectations 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 was up 38.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, analysts expect that Fair Isaac will post 38.06 EPS for the current year.

Institutional Investors Weigh In On Fair Isaac

A number of institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position 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 acquiring an additional 3,326,972 shares during the period. Capital World Investors grew its stake in shares of Fair Isaac by 10.7% in the fourth quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after purchasing an additional 86,200 shares during the last quarter. Geode Capital Management LLC increased its holdings in Fair Isaac by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock valued at $1,213,620,000 after purchasing an additional 8,886 shares during the period. Morgan Stanley increased its holdings in Fair Isaac by 2.3% in the fourth quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock valued at $845,037,000 after purchasing an additional 11,363 shares during the period. Finally, Principal Financial Group Inc. raised its position in Fair Isaac by 13.4% during the 4th quarter. Principal Financial Group Inc. now owns 458,085 shares of the technology company’s stock worth $774,518,000 after purchasing an additional 53,980 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

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.