Fair Isaac (NYSE:FICO) Stock Gets Price Target Trim from Needham & Company LLC

Fair Isaac (NYSE:FICO) had its price objective cut by equities researchers at Needham & Company LLC from $1,650.00 to $1,100.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Needham & Company LLC’s price target suggests a potential upside of 48.58% from the company’s current price.

Other equities analysts have also issued reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Fair Isaac in a research report on Tuesday, September 29th. Raymond James Financial reaffirmed an “outperform” rating on shares of Fair Isaac in a research note on Wednesday, September 9th. Credit Suisse Group set a $1,150.00 price target on Fair Isaac in a report on Wednesday, September 30th. BMO Capital Markets dropped their price objective on Fair Isaac from $1,550.00 to $1,150.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Finally, UBS Group dropped their price objective on Fair Isaac from $1,200.00 to $1,130.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $1,176.00.

Fair Isaac Price Performance

FICO stock opened at $740.36 on Tuesday. Fair Isaac has a 12 month low of $586.05 and a 12 month high of $1,858.91. The firm’s 50-day moving average is $960.08 and its 200 day moving average is $1,083.01. The company has a market capitalization of $15.99 billion, a PE ratio of 21.39, a P/E/G ratio of 0.76 and a beta of 1.35.

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, beating analysts’ consensus estimates of $11.76 by $0.42. The company had revenue of $674.19 million during the quarter, compared to analyst estimates of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The firm’s revenue for the quarter was up 25.7% on a year-over-year basis. During the same quarter last year, the business posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. Sell-side analysts forecast that Fair Isaac will post 36.92 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 967 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total transaction of $1,353,800.00. Following the completion of the sale, the director directly owned 498 shares of the company’s stock, valued at approximately $697,200. This represents a 66.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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

Several large investors have recently modified their holdings of the company. Legacy Wealth Asset Management LLC lifted its position in Fair Isaac by 46.4% during the third quarter. Legacy Wealth Asset Management LLC now owns 710 shares of the technology company’s stock valued at $421,000 after acquiring an additional 225 shares during the last quarter. Versant Capital Management Inc boosted its stake in Fair Isaac by 52.3% in the third quarter. Versant Capital Management Inc now owns 67 shares of the technology company’s stock valued at $40,000 after acquiring an additional 23 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Fair Isaac by 4.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,592 shares of the technology company’s stock valued at $1,902,000 after acquiring an additional 73 shares in the last quarter. Capstone Financial Advisors Inc. purchased a new position in Fair Isaac in the second quarter worth $208,000. Finally, Sequoia Financial Advisors LLC grew its holdings in Fair Isaac by 15.4% in the second quarter. Sequoia Financial Advisors LLC now owns 1,089 shares of the technology company’s stock worth $1,301,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

About Fair Isaac

Fair Isaac Corporation, known as FICO, develops analytics and software used by businesses to make decisions about credit, risk, fraud, customer engagement and other operational activities. The company is best known for the FICO Score, a credit-risk scoring system used by lenders to help evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decision-management software, fraud detection and identity verification tools, and analytics platforms. Its products are used by financial institutions, insurers, retailers, telecommunications companies and other organizations to automate decisions, manage risk and improve customer relationships.