Fair Isaac (NYSE:FICO) Stock Price Target Lowered at Needham & Company LLC

Fair Isaac (NYSE:FICO) had its price objective trimmed by Needham & Company LLC from $1,100.00 to $925.00 in a report issued on Thursday morning, MarketBeat reports. The brokerage currently has a buy rating on the technology company’s stock.

Several other equities analysts have also commented on the stock. Zacks Research lowered shares of Fair Isaac from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 7th. BMO Capital Markets dropped their target price on shares of Fair Isaac from $1,150.00 to $897.00 and set an “outperform” rating for the company in a report on Monday, October 26th. The Goldman Sachs Group set a $1,322.00 target price on Fair Isaac in a research report on Tuesday, September 29th. Griffin Securities set a $897.00 price target on Fair Isaac in a research note on Monday, October 26th. Finally, Huber Research lowered Fair Isaac to a “strong sell” rating in a research report on Tuesday, September 29th. Nine analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $922.75.

Fair Isaac Trading Up 1.0%

NYSE FICO opened at $708.25 on Thursday. The stock has a fifty day simple moving average of $836.72 and a 200-day simple moving average of $1,111.06. The stock has a market cap of $15.30 billion, a PE ratio of 19.50, a P/E/G ratio of 0.85 and a beta of 1.36. Fair Isaac has a twelve month low of $586.05 and a twelve month high of $1,858.91.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, November 4th. The technology company reported $11.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.69 by $0.41. The firm had revenue of $657.05 million for the quarter, compared to analyst estimates of $651.73 million. Fair Isaac had a net margin of 32.94% and a negative return on equity of 31.37%. Fair Isaac’s revenue was up 27.4% on a year-over-year basis. During the same period in the previous year, the firm earned $7.74 EPS. Research analysts predict that Fair Isaac will post 40.03 EPS for the current year.

Institutional Investors Weigh In On Fair Isaac

A number of large investors have recently modified their holdings of the company. Heartland Bank & Trust Co raised its stake in shares of Fair Isaac by 2.9% during the first quarter. Heartland Bank & Trust Co now owns 468 shares of the technology company’s stock worth $500,000 after purchasing an additional 13 shares during the last quarter. FNY Investment Advisers LLC grew its position in Fair Isaac by 3.6% in the 2nd quarter. FNY Investment Advisers LLC now owns 398 shares of the technology company’s stock valued at $475,000 after buying an additional 14 shares during the last quarter. NewEdge Advisors LLC grew its position in Fair Isaac by 4.5% in the 2nd quarter. NewEdge Advisors LLC now owns 324 shares of the technology company’s stock valued at $387,000 after buying an additional 14 shares during the last quarter. Alps Advisors Inc. increased its stake in Fair Isaac by 1.2% in the 3rd quarter. Alps Advisors Inc. now owns 1,193 shares of the technology company’s stock valued at $707,000 after buying an additional 14 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in Fair Isaac by 10.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 164 shares of the technology company’s stock valued at $196,000 after buying an additional 16 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Fair Isaac

Here are the key news stories impacting Fair Isaac this week:

• Positive Sentiment: FICO reported quarterly earnings of $11.10 per share and revenue of $657.05 million, beating analyst estimates. Revenue grew 27.4% year over year, with scores, pricing and software growth contributing. Read More.
• Positive Sentiment: Management also highlighted software-platform growth, wider score adoption and strong cash flow. More lenders joined FICO’s Preferred Program, and a regional lender upgraded to Auto Score 10, supporting continued product adoption. Read More. · Read More.
• Negative Sentiment: FICO withheld fiscal 2027 guidance amid uncertainty as it shifts mortgage-origination pricing from a flat fee to customer-specific pricing. Investors lack visibility into the effect on revenue, while a low-priced competitor adds pressure to assess FICO’s pricing power. Read More.
• Negative Sentiment: Several firms cut their price targets, reflecting a more cautious outlook: JPMorgan lowered its target to $800 from $900 and moved to neutral; Barclays cut to $800 from $875 but kept an overweight rating; Needham reduced its target to $925 from $1,100 while retaining a buy rating; and Wells Fargo lowered its target to $650 from $735. Read More. · Read More. · Read More. · Read More.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.