The Goldman Sachs Group Lowers Fair Isaac (NYSE:FICO) Price Target to $1,528.00

Fair Isaac (NYSE:FICO) had its price objective decreased by research analysts at The Goldman Sachs Group from $1,770.00 to $1,528.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 40.47% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Needham & Company LLC reiterated a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. Bank of America began coverage on shares of Fair Isaac in a research report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Fair Isaac from $1,825.00 to $1,325.00 and set a “neutral” rating for the company in a research report on Tuesday, March 24th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 18th. Finally, UBS Group dropped their target price on 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. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,867.54.

Fair Isaac Stock Down 0.2%

Fair Isaac stock opened at $1,087.75 on Thursday. The firm has a market cap of $25.80 billion, a price-to-earnings ratio of 40.26, a price-to-earnings-growth ratio of 1.05 and a beta of 1.38. Fair Isaac has a 52 week low of $969.32 and a 52 week high of $2,217.60. The business’s 50-day moving average price is $1,287.11 and its 200 day moving average price is $1,541.83.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, beating the consensus estimate of $7.08 by $0.25. Fair Isaac had a negative return on equity of 40.98% and a net margin of 31.89%.The company had revenue of $766.00 million during the quarter, compared to analysts’ expectations of $501.05 million. During the same period last year, the business earned $5.79 earnings per share. Fair Isaac’s quarterly revenue was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts expect that Fair Isaac will post 24.15 EPS for the current year.

Fair Isaac announced that its board has initiated a share repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 5.2% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 520 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the transaction, the director directly owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joanna Rees sold 358 shares of Fair Isaac stock in a transaction dated 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 sale, the director owned 11,204 shares in the company, valued at approximately $15,237,440. This trade represents a 3.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 3.02% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Natixis Advisors LLC grew its holdings in shares of Fair Isaac by 28.9% during the third 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 in the last quarter. Akre Capital Management LLC boosted its position in 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 worth $390,368,000 after acquiring an additional 251,701 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in Fair Isaac during the third quarter worth about $1,580,000. Tokio Marine Asset Management Co. Ltd. grew its stake in Fair Isaac by 111.6% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,947 shares of the technology company’s stock valued at $2,914,000 after acquiring an additional 1,027 shares in the last quarter. Finally, Brighton Jones LLC raised its holdings in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after acquiring an additional 302 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

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.