Everest Financial Group LLC Invests $1.37 Million in Fair Isaac Corporation $FICO

Everest Financial Group LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO) during the first quarter, Holdings Channel.com reports. The firm acquired 1,284 shares of the technology company’s stock, valued at approximately $1,371,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after purchasing an additional 302 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after buying an additional 6 shares during the period. Woodline Partners LP boosted its holdings in shares of Fair Isaac by 46.1% during the 1st quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after buying an additional 675 shares in the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Fair Isaac by 18.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 14,037 shares of the technology company’s stock worth $25,659,000 after buying an additional 2,146 shares in the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Fair Isaac by 16.1% during the 2nd quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after buying an additional 29,408 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating for the company in a research note on Monday, May 4th. Weiss Ratings raised shares of Fair Isaac from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 15th. Wall Street Zen cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. UBS Group lifted their price target on shares of Fair Isaac from $1,250.00 to $1,270.00 and gave the company a “neutral” rating in a research note on Thursday, July 2nd. Finally, The Goldman Sachs Group dropped their price objective on shares of 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. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $1,627.93.

Fair Isaac Stock Up 2.7%

NYSE FICO opened at $1,238.34 on Friday. Fair Isaac Corporation has a 52 week low of $870.01 and a 52 week high of $1,998.01. The business has a 50 day moving average price of $1,212.80 and a 200-day moving average price of $1,246.05. The company has a market cap of $28.72 billion, a price-to-earnings ratio of 39.23, a P/E/G ratio of 1.10 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, April 28th. The technology company reported $12.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.The company had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. During the same period last year, the business earned $7.81 EPS. Fair Isaac’s quarterly revenue was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, equities research analysts anticipate that Fair Isaac Corporation will post 38 earnings per share for the current year.

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.