Fair Isaac (NYSE:FICO) Posts Earnings Results, Beats Estimates By $0.38 EPS

Fair Isaac (NYSE:FICO) posted its earnings results on Wednesday. The technology company reported $7.74 earnings per share for the quarter, beating the consensus estimate of $7.36 by $0.38, FiscalAI reports. Fair Isaac had a net margin of 32.80% and a negative return on equity of 48.88%. The firm had revenue of $515.75 million during the quarter, compared to the consensus estimate of $512.38 million. During the same quarter last year, the firm earned $6.54 EPS. The firm’s revenue for the quarter was up 13.6% on a year-over-year basis. Fair Isaac updated its FY 2026 guidance to 38.170-38.170 EPS.

Fair Isaac Stock Performance

NYSE FICO traded up $65.18 during trading on Friday, reaching $1,739.98. 252,154 shares of the company’s stock were exchanged, compared to its average volume of 285,092. The company has a 50 day moving average price of $1,607.58 and a two-hundred day moving average price of $1,670.12. The stock has a market cap of $41.77 billion, a P/E ratio of 68.05, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 4,942 shares of the business’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 transaction of $8,062,082.28. Following the completion of the sale, the chief executive officer owned 43,207 shares in the company, valued at $70,485,307.38. The trade was a 10.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders sold 18,032 shares of company stock worth $28,094,085. 3.46% of the stock is currently owned by company insiders.

Institutional Trading of Fair Isaac

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FICO. Rakuten Securities Inc. lifted its position in shares of Fair Isaac by 100.0% during the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock worth $44,000 after buying an additional 12 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in Fair Isaac during the 2nd quarter worth $132,000. Great Lakes Advisors LLC lifted its position in Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares during the last quarter. Keel Point LLC purchased a new position in shares of Fair Isaac during the second quarter worth about $219,000. Finally, Voya Financial Advisors Inc. grew its holdings in shares of Fair Isaac by 138.3% during the second quarter. Voya Financial Advisors Inc. now owns 305 shares of the technology company’s stock worth $554,000 after purchasing an additional 177 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of research reports. Griffin Securities set a $1,800.00 price objective on Fair Isaac in a research note on Monday, August 18th. Robert W. Baird lifted their target price on Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays increased their price target 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. Raymond James Financial lowered their price objective on shares of Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Fair Isaac in a research report on Wednesday, October 8th. Three equities research 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 company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,118.50.

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.