Fair Isaac (NYSE:FICO) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Fair Isaac (NYSE:FICO) from a hold rating to a buy rating in a report released on Saturday.

A number of other equities analysts have also recently commented on FICO. Jefferies Financial Group decreased their price target on Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Needham & Company LLC decreased their price target on Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Barclays decreased their price target on Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Robert W. Baird set a $1,549.00 price target on Fair Isaac in a research note on Wednesday, April 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $1,750.00 price target on shares of Fair Isaac in a research note on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,655.07.

Fair Isaac Trading Down 0.2%

Shares of NYSE FICO opened at $1,125.84 on Friday. The stock has a market cap of $26.11 billion, a price-to-earnings ratio of 35.66, a P/E/G ratio of 1.00 and a beta of 1.24. Fair Isaac has a 1-year low of $870.01 and a 1-year high of $2,217.60. The stock’s 50-day moving average is $1,132.67 and its 200 day moving average is $1,450.16.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. The company had revenue of $691.68 million for the quarter, compared to analysts’ expectations of $630.21 million. Fair Isaac had a negative return on equity of 41.04% and a net margin of 33.67%.Fair Isaac’s revenue for the quarter was up 38.7% compared to the same quarter last year. During the same period last year, the firm posted $7.81 EPS. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. On average, analysts forecast that Fair Isaac will post 37.99 EPS for the current fiscal year.

Fair Isaac announced that its board has approved a stock buyback program on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Buying and Selling at Fair Isaac

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Andra AP fonden raised its stake in shares of Fair Isaac by 424.4% in the first quarter. Andra AP fonden now owns 8,600 shares of the technology company’s stock worth $9,181,000 after purchasing an additional 6,960 shares during the last quarter. Titan Global Capital Management USA LLC raised its stake in shares of Fair Isaac by 1.1% in the first quarter. Titan Global Capital Management USA LLC now owns 8,084 shares of the technology company’s stock worth $8,629,000 after purchasing an additional 91 shares during the last quarter. AlTi Global Inc. raised its stake in shares of Fair Isaac by 142.0% in the first quarter. AlTi Global Inc. now owns 530 shares of the technology company’s stock worth $566,000 after purchasing an additional 311 shares during the last quarter. Meeder Advisory Services Inc. raised its stake in shares of Fair Isaac by 16.4% in the first quarter. Meeder Advisory Services Inc. now owns 291 shares of the technology company’s stock worth $311,000 after purchasing an additional 41 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Fair Isaac by 1.7% in the first quarter. Dimensional Fund Advisors LP now owns 95,694 shares of the technology company’s stock worth $102,146,000 after purchasing an additional 1,588 shares during the last quarter. Hedge funds and other institutional investors 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.