Bank of America Lowers Fair Isaac (NYSE:FICO) Price Target to $1,400.00

Fair Isaac (NYSE:FICO) had its price target lowered by equities researchers at Bank of America from $1,550.00 to $1,400.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Bank of America‘s price objective would indicate a potential upside of 17.48% from the stock’s current price.

Several other brokerages also recently commented on FICO. Needham & Company LLC lowered their price objective on shares of Fair Isaac from $1,975.00 to $1,650.00 and set a “buy” rating for the company in a research report on Wednesday, April 29th. Wall Street Zen downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday. Wells Fargo & Company lowered their price target on shares of Fair Isaac from $1,650.00 to $1,400.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. JPMorgan Chase & Co. lowered their price target on shares of Fair Isaac from $1,325.00 to $1,225.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $1,750.00 price target on shares of Fair Isaac in a 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 company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,619.36.

Fair Isaac Price Performance

FICO traded up $9.91 during trading on Tuesday, hitting $1,191.73. 298,826 shares of the stock traded hands, compared to its average volume of 357,018. Fair Isaac has a twelve month low of $870.01 and a twelve month high of $2,199.92. The company has a market cap of $27.64 billion, a price-to-earnings ratio of 37.73, a PEG ratio of 0.97 and a beta of 1.24. The business has a 50 day moving average price of $1,089.37 and a 200 day moving average price of $1,424.37.

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

Fair Isaac declared that its Board of Directors has initiated a stock repurchase program on Wednesday, February 25th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the technology company to purchase up to 5.2% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Fair Isaac

In related news, Director Eva Manolis sold 520 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.02% of the stock is currently owned by corporate insiders.

Institutional Trading of Fair Isaac

Institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock valued at $5,625,815,000 after purchasing an additional 3,326,972 shares during the period. Vanguard Group Inc. raised its holdings in shares of Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock worth $4,593,971,000 after acquiring an additional 72,224 shares during the last quarter. Capital World Investors raised its holdings in shares of Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after acquiring an additional 86,200 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Fair Isaac by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after acquiring an additional 8,886 shares during the last quarter. Finally, Morgan Stanley raised its holdings in shares of Fair Isaac by 2.3% in the 4th quarter. Morgan Stanley now owns 499,836 shares of the technology company’s stock worth $845,037,000 after acquiring an additional 11,363 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

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.