Mizuho Initiates Coverage on Fair Isaac (NYSE:FICO)

Research analysts at Mizuho started coverage on shares of Fair Isaac (NYSE:FICO) in a research report issued on Thursday, Marketbeat.com reports. The firm set an “outperform” rating and a $1,416.00 price target on the technology company’s stock. Mizuho’s price target would suggest a potential upside of 32.39% from the company’s current price.

Several other research firms also recently issued reports on FICO. Robert W. Baird dropped their target price on Fair Isaac from $1,960.00 to $1,547.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 24th. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. The Goldman Sachs Group reduced their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Barclays lowered their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Finally, UBS Group reduced their price objective on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,803.14.

Fair Isaac Stock Performance

FICO stock opened at $1,069.54 on Thursday. Fair Isaac has a fifty-two week low of $909.00 and a fifty-two week high of $2,217.60. The stock has a fifty day moving average of $1,205.97 and a 200-day moving average of $1,507.85. The company has a market capitalization of $25.37 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 1.02 and a beta of 1.38.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share for the quarter, topping analysts’ consensus estimates of $7.08 by $0.25. Fair Isaac had a net margin of 31.89% and a negative return on equity of 40.98%. The firm had revenue of $766.00 million during the quarter, compared to analyst estimates of $501.05 million. During the same quarter last year, the business earned $5.79 earnings per share. The company’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 predict that Fair Isaac will post 24.15 EPS for the current year.

Fair Isaac declared that its board has authorized a stock buyback program on Wednesday, February 25th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 5.2% of its stock through open market purchases. Stock repurchase programs are typically an indication 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 Fair Isaac 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 sale, 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 SEC, which is available through this hyperlink. Also, Director Eva Manolis sold 520 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the completion of the transaction, the director directly owned 344 shares of the company’s stock, valued at approximately $422,304.72. This represents a 60.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 3.02% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Heartland Bank & Trust Co lifted its position in Fair Isaac by 1.3% in the 3rd quarter. Heartland Bank & Trust Co now owns 464 shares of the technology company’s stock worth $694,000 after buying an additional 6 shares during the last quarter. GW&K Investment Management LLC lifted its holdings in shares of Fair Isaac by 4.6% in the 3rd quarter. GW&K Investment Management LLC now owns 136 shares of the technology company’s stock worth $204,000 after acquiring an additional 6 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in shares of Fair Isaac by 5.7% in the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after purchasing an additional 6 shares in the last quarter. Capital Investment Advisory Services LLC grew its holdings in shares of Fair Isaac by 1.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company’s stock valued at $620,000 after purchasing an additional 7 shares during the last quarter. Finally, San Luis Wealth Advisors LLC raised its position in Fair Isaac by 2.8% in the 3rd quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after purchasing an additional 7 shares during the period. 85.75% of the stock is currently 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.