Fair Isaac (NYSE:FICO) Price Target Cut to $2,100.00 by Analysts at Jefferies Financial Group

Fair Isaac (NYSE:FICO) had its price objective dropped by stock analysts at Jefferies Financial Group from $2,150.00 to $2,100.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s price target suggests a potential upside of 25.32% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. BMO Capital Markets lowered their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Fair Isaac in a research note on Wednesday, October 8th. Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Griffin Securities set a $1,800.00 price objective on Fair Isaac in a report on Monday, August 18th. Finally, UBS Group raised their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,141.71.

Fair Isaac Trading Up 2.9%

Shares of FICO stock traded up $46.53 on Thursday, hitting $1,675.73. 343,824 shares of the stock were exchanged, compared to its average volume of 284,859. The firm has a market capitalization of $40.22 billion, a P/E ratio of 65.54, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. The business has a 50-day moving average of $1,599.84 and a 200 day moving average of $1,670.63. Fair Isaac has a fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Wednesday, November 5th. The technology company reported $7.74 earnings per share for the quarter, topping the consensus estimate of $7.36 by $0.38. The company had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.Fair Isaac’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, research analysts forecast that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction that occurred on Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the completion of the sale, the chief executive officer owned 43,207 shares of the company’s stock, valued at approximately $70,485,307.38. This trade represents a 10.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 18,032 shares of company stock valued at $28,094,085 over the last ninety days. Company insiders own 3.46% of the company’s stock.

Institutional Trading of Fair Isaac

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Westside Investment Management Inc. bought a new stake in Fair Isaac during the 2nd quarter worth approximately $26,000. Geo Capital Gestora de Recursos Ltd bought a new stake in Fair Isaac during the 1st quarter worth approximately $28,000. ORG Partners LLC bought a new stake in Fair Isaac during the 2nd quarter worth approximately $27,000. Hilltop National Bank bought a new stake in Fair Isaac during the 2nd quarter worth approximately $27,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Fair Isaac during the 1st quarter worth approximately $30,000. 85.75% of the stock is owned by institutional investors.

Fair Isaac Company Profile

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.