Wells Fargo & Company Lowers Fair Isaac (NYSE:FICO) Price Target to $2,300.00

Fair Isaac (NYSE:FICO) had its price target lowered by research analysts at Wells Fargo & Company from $2,500.00 to $2,300.00 in a report issued on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 91.91% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. UBS Group decreased their target price on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Bank of America started coverage on shares of Fair Isaac in a report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,956.92.

Fair Isaac Trading Up 3.2%

NYSE:FICO opened at $1,198.47 on Wednesday. The stock has a 50 day simple moving average of $1,419.04 and a 200 day simple moving average of $1,584.44. The stock has a market cap of $28.43 billion, a P/E ratio of 44.35, a PEG ratio of 1.12 and a beta of 1.28. Fair Isaac has a 1-year low of $1,068.67 and a 1-year high of $2,217.60.

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

Fair Isaac declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 25th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the technology company to purchase up to 5.2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Fair Isaac news, Director Joanna Rees sold 358 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $1,360.00, for a total transaction of $486,880.00. Following the completion of the transaction, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eva Manolis sold 520 shares of the company’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 sale, the director owned 344 shares of the company’s stock, valued at $422,304.72. The trade was a 60.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.02% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Several hedge funds and other institutional investors have recently modified their holdings of FICO. Bayban bought a new position in Fair Isaac in the fourth quarter valued at about $25,000. Physician Wealth Advisors Inc. grew its holdings in shares of Fair Isaac by 166.7% during the fourth quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock worth $27,000 after purchasing an additional 10 shares during the last quarter. Ransom Advisory Ltd bought a new stake in shares of Fair Isaac during the third quarter worth about $30,000. Meeder Asset Management Inc. increased its stake in shares of Fair Isaac by 66.7% in the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock valued at $30,000 after buying an additional 8 shares during the period. Finally, Root Financial Partners LLC acquired a new position in shares of Fair Isaac in the third quarter valued at approximately $30,000. 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.