JPMorgan Chase & Co. Issues Pessimistic Forecast for Fair Isaac (NYSE:FICO) Stock Price

Fair Isaac (NYSE:FICOGet Free Report) had its price target lowered by research analysts at JPMorgan Chase & Co. from $1,825.00 to $1,325.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 33.79% from the company’s previous close.

Several other brokerages also recently commented on FICO. Bank of America began coverage on Fair Isaac in a report on Tuesday, February 17th. They set a “buy” rating and a $1,900.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of Fair Isaac in a research note on Thursday, February 26th. UBS Group lowered their price target on shares of Fair Isaac from $1,500.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Jefferies Financial Group upped their price objective on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Finally, Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,500.00 to $2,300.00 and set an “overweight” rating for the company in a research note on Wednesday, March 18th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $1,886.69.

Read Our Latest Research Report on Fair Isaac

Fair Isaac Trading Down 6.9%

FICO traded down $73.00 during trading on Tuesday, reaching $990.34. 360,516 shares of the company’s stock were exchanged, compared to its average volume of 342,283. Fair Isaac has a one year low of $969.32 and a one year high of $2,217.60. The firm has a fifty day moving average price of $1,379.96 and a two-hundred day moving average price of $1,573.46. The stock has a market capitalization of $23.49 billion, a PE ratio of 36.66, a price-to-earnings-growth ratio of 1.09 and a beta of 1.28.

Fair Isaac (NYSE:FICOGet Free Report) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $7.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $501.05 million. During the same quarter last year, the firm earned $5.79 earnings per share. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Sell-side analysts expect that Fair Isaac will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has authorized a share repurchase program on Wednesday, February 25th that permits the company to buyback $1.50 billion in outstanding shares. This buyback authorization permits the technology company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Joanna Rees sold 358 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $1,360.00, for a total value of $486,880.00. Following the transaction, the director directly owned 11,204 shares in the company, valued at $15,237,440. This trade represents a 3.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eva Manolis sold 520 shares of the business’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,227.63, for a total transaction of $638,367.60. Following the sale, the director owned 344 shares of the company’s stock, valued at $422,304.72. This trade represents a 60.19% decrease in their position. The SEC filing for this sale provides additional information. 3.02% of the stock is owned by corporate insiders.

Institutional Trading of Fair Isaac

Several institutional investors have recently made changes to their positions in FICO. Northwestern Mutual Wealth Management Co. boosted its holdings in Fair Isaac by 480,776.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,327,664 shares of the technology company’s stock worth $5,625,815,000 after purchasing an additional 3,326,972 shares during the last quarter. Vanguard Group Inc. increased its stake in Fair Isaac by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 3,069,749 shares of the technology company’s stock valued at $4,593,971,000 after buying an additional 72,224 shares during the last quarter. State Street Corp lifted its position in shares of Fair Isaac by 1.2% during the 2nd quarter. State Street Corp now owns 1,083,410 shares of the technology company’s stock worth $1,980,430,000 after buying an additional 13,018 shares in the last quarter. Capital World Investors boosted its stake in shares of Fair Isaac by 10.7% in the 4th quarter. Capital World Investors now owns 894,593 shares of the technology company’s stock worth $1,512,417,000 after buying an additional 86,200 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Fair Isaac by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 719,120 shares of the technology company’s stock worth $1,213,620,000 after buying an additional 8,886 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Key Fair Isaac News

Here are the key news stories impacting Fair Isaac this week:

About Fair Isaac

(Get Free Report)

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.

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Analyst Recommendations for Fair Isaac (NYSE:FICO)

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