Fair Isaac (NYSE:FICO) Given New $2,300.00 Price Target at Wells Fargo & Company

Fair Isaac (NYSE:FICO) had its price objective lowered by Wells Fargo & Company from $2,500.00 to $2,300.00 in a research report released on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the technology company’s stock.

Other equities analysts also recently issued research reports about the stock. Needham & Company LLC restated a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. UBS Group cut their price target 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. Bank of America began coverage on Fair Isaac in a research note on Tuesday, February 17th. They issued a “buy” rating and a $1,900.00 price objective for the company. The Goldman Sachs Group decreased their price objective on Fair Isaac from $2,070.00 to $1,777.00 and set a “buy” rating for the company in a report on Monday, February 2nd. Finally, Zacks Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,956.92.

Fair Isaac Stock Up 0.3%

FICO stock opened at $1,203.78 on Wednesday. The stock has a market cap of $28.55 billion, a price-to-earnings ratio of 44.55, a PEG ratio of 1.16 and a beta of 1.28. Fair Isaac has a fifty-two week low of $1,068.67 and a fifty-two week high of $2,217.60. The business has a 50 day moving average price of $1,411.53 and a 200 day moving average price of $1,581.78.

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

Fair Isaac declared that its Board of Directors has authorized a stock 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 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 stock is undervalued.

Insider Activity at Fair Isaac

In related news, Director Eva Manolis sold 520 shares of Fair Isaac 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 transaction, the director directly owned 344 shares in the company, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joanna Rees sold 358 shares of the business’s stock in a transaction 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. This represents a 3.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.02% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in FICO. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Fair Isaac by 480,776.3% in 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 buying an additional 3,326,972 shares in the last quarter. Capital World Investors raised its position in Fair Isaac by 874.4% in the third quarter. Capital World Investors now owns 808,393 shares of the technology company’s stock worth $1,209,784,000 after acquiring an additional 725,432 shares in the last quarter. Edgewood Management LLC acquired a new stake in Fair Isaac in the second quarter valued at $612,785,000. Capital Research Global Investors acquired a new stake in Fair Isaac in the fourth quarter valued at $516,615,000. Finally, Capital International Investors boosted its position in shares of Fair Isaac by 402.8% during the 3rd quarter. Capital International Investors now owns 377,883 shares of the technology company’s stock worth $565,513,000 after purchasing an additional 302,734 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

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.