The Goldman Sachs Group Has Lowered Expectations for Fair Isaac (NYSE:FICO) Stock Price

Fair Isaac (NYSE:FICO) had its price objective dropped by equities research analysts at The Goldman Sachs Group from $1,770.00 to $1,528.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 40.15% from the stock’s previous close.

A number of other analysts have also commented on the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Robert W. Baird reduced their target price on Fair Isaac from $1,960.00 to $1,547.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. UBS Group decreased their price objective on Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. Jefferies Financial Group upped their target price on Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of 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. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,867.54.

Fair Isaac Trading Up 2.7%

Fair Isaac stock traded up $28.29 during midday trading on Thursday, reaching $1,090.28. 80,058 shares of the stock traded hands, compared to its average volume of 337,251. The firm has a fifty day moving average price of $1,305.54 and a two-hundred day moving average price of $1,548.28. Fair Isaac has a fifty-two week low of $969.32 and a fifty-two week high of $2,217.60. The firm has a market cap of $25.86 billion, a price-to-earnings ratio of 40.40, a PEG ratio of 1.03 and a beta of 1.38.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.08 by $0.25. The business had revenue of $766.00 million during the quarter, compared to the consensus estimate of $501.05 million. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The business’s revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm posted $5.79 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Analysts anticipate that Fair Isaac will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has authorized a share buyback program on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to buy up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Fair Isaac

In related news, Director Eva Manolis sold 520 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the transaction, the director directly owned 344 shares in the company, valued at $422,304.72. This represents a 60.19% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joanna Rees sold 358 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the sale, the director owned 11,204 shares in the company, valued at $15,237,440. This represents a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 3.02% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Several large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares in the last quarter. Great Lakes Advisors LLC boosted its holdings in shares of Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares in the last quarter. Woodline Partners LP grew its position in 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 acquiring an additional 675 shares during the last quarter. M&T Bank Corp increased its position in Fair Isaac by 3.2% in the 2nd quarter. M&T Bank Corp now owns 4,115 shares of the technology company’s stock valued at $7,522,000 after acquiring an additional 126 shares in the last quarter. Finally, CW Advisors LLC raised its stake in shares of Fair Isaac by 513.1% in the second quarter. CW Advisors LLC now owns 5,316 shares of the technology company’s stock worth $9,718,000 after acquiring an additional 4,449 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

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.