Fair Isaac Corporation (NYSE:FICO) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Fair Isaac Corporation (NYSE:FICO) has received a consensus rating of "Moderate Buy" from analysts, with an average twelve-month price target of approximately $2,137.43.
• Recent upgrades from analysts include Barclays raising their price target to $2,400 and Needham & Company maintaining a "buy" rating with a target of $1,950.
• In the last quarter, Fair Isaac reported earnings of $8.57 per share, exceeding estimates, with revenues of $536.42 million and a significant year-over-year growth of 19.8%.

Shares of Fair Isaac Corporation (NYSE:FICO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the seventeen research firms that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and three have issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $2,137.4286.

Several equities research analysts recently issued reports on FICO shares. Barclays raised their target price on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an "overweight" rating in a research report on Thursday, October 2nd. Needham & Company LLC reissued a "buy" rating and issued a $1,950.00 target price on shares of Fair Isaac in a research report on Thursday, October 2nd. Seaport Res Ptn raised shares of Fair Isaac to a "strong-buy" rating in a research report on Wednesday, October 1st. Weiss Ratings restated a "hold (c)" rating on shares of Fair Isaac in a report on Saturday. Finally, BMO Capital Markets raised their price target on shares of Fair Isaac from $1,650.00 to $1,800.00 and gave the company an "outperform" rating in a report on Monday, August 18th.

Fair Isaac Stock Performance

FICO opened at $1,664.53 on Friday. The company's 50 day simple moving average is $1,561.44 and its 200 day simple moving average is $1,686.51. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,402.51. The stock has a market capitalization of $39.95 billion, a PE ratio of 65.10, a P/E/G ratio of 1.73 and a beta of 1.35.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Wednesday, July 30th. The technology company reported $8.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.75 by $0.82. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The business had revenue of $536.42 million for the quarter, compared to analysts' expectations of $520.40 million. During the same period last year, the company earned $6.25 earnings per share. The company's quarterly revenue was up 19.8% on a year-over-year basis. Fair Isaac has set its FY 2025 guidance at 29.150-29.150 EPS. As a group, sell-side analysts expect that Fair Isaac will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,011 shares of the firm's stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the transaction, the chief executive officer owned 42,138 shares in the company, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 18,032 shares of company stock valued at $28,094,085 in the last 90 days. Company insiders own 3.46% of the company's stock.

Institutional Trading of Fair Isaac

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Fair Isaac by 1.2% during the second quarter. Vanguard Group Inc. now owns 2,997,525 shares of the technology company's stock valued at $5,479,356,000 after purchasing an additional 35,091 shares during the period. State Street Corp raised its stake in shares of Fair Isaac by 1.2% during the second quarter. State Street Corp now owns 1,083,410 shares of the technology company's stock valued at $1,980,430,000 after purchasing an additional 13,018 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Fair Isaac by 0.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 823,574 shares of the technology company's stock valued at $1,518,803,000 after purchasing an additional 3,677 shares during the period. Geode Capital Management LLC raised its stake in shares of Fair Isaac by 2.0% during the second quarter. Geode Capital Management LLC now owns 712,699 shares of the technology company's stock valued at $1,299,727,000 after purchasing an additional 13,906 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of Fair Isaac by 2.8% during the second quarter. American Century Companies Inc. now owns 397,389 shares of the technology company's stock valued at $726,411,000 after purchasing an additional 10,771 shares during the period. Hedge funds and other institutional investors own 85.75% of the company's stock.

About Fair Isaac

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.

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