Fair Isaac (NYSE:FICO – Get Free Report) had its price objective boosted by UBS Group from $1,250.00 to $1,270.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. UBS Group’s price target points to a potential upside of 5.16% from the stock’s previous close.
A number of other analysts also recently weighed in on the company. Wall Street Zen downgraded Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday. Wells Fargo & Company dropped their price target on Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. JPMorgan Chase & Co. cut their price objective on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price objective on shares of Fair Isaac in a research note on Tuesday, June 9th. Finally, Robert W. Baird set a $1,549.00 target price on shares of Fair Isaac in a research report on Wednesday, April 29th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,627.93.
View Our Latest Stock Analysis on FICO
Fair Isaac Stock Up 1.1%
Fair Isaac (NYSE:FICO – Get Free Report) last released its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $630.21 million. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The firm’s quarterly revenue was up 38.7% on a year-over-year basis. During the same period in the previous year, the business earned $7.81 earnings per share. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. Equities analysts expect that Fair Isaac will post 38.06 EPS for the current year.
Hedge Funds Weigh In On Fair Isaac
A number of institutional investors have recently added to or reduced their stakes in the stock. Natixis Advisors LLC boosted its position in Fair Isaac by 28.9% during the 3rd quarter. Natixis Advisors LLC now owns 14,721 shares of the technology company’s stock worth $22,030,000 after buying an additional 3,302 shares during the period. Soltis Investment Advisors LLC acquired a new position in Fair Isaac in the 4th quarter valued at approximately $2,379,000. Jefferies Financial Group Inc. acquired a new position in Fair Isaac in the 3rd quarter valued at approximately $1,580,000. Akre Capital Management LLC raised its stake in shares of Fair Isaac by 2,751.4% during the third quarter. Akre Capital Management LLC now owns 260,849 shares of the technology company’s stock valued at $390,368,000 after acquiring an additional 251,701 shares during the last quarter. Finally, Brighton Jones LLC lifted its holdings in shares of Fair Isaac by 168.7% during 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 during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.
About Fair Isaac
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.
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