Fair Isaac (NYSE:FICO) Given New $900.00 Price Target at JPMorgan Chase & Co.

Fair Isaac (NYSE:FICO) had its target price cut by investment analysts at JPMorgan Chase & Co. from $1,530.00 to $900.00 in a research note issued on Monday, Benzinga reports. The firm presently has a “neutral” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 21.31% from the company’s current price.

Several other research analysts have also weighed in on FICO. Wall Street Zen lowered shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, June 28th. Griffin Securities set a $897.00 target price on shares of Fair Isaac in a research note on Monday. Wells Fargo & Company cut shares of Fair Isaac from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $800.00 to $735.00 in a report on Monday. Barclays dropped their price target on shares of Fair Isaac from $935.00 to $875.00 and set an “overweight” rating on the stock in a research note on Friday, October 2nd. Finally, Needham & Company LLC cut their price objective on Fair Isaac from $1,650.00 to $1,100.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Nine analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Hold” and a consensus target price of $1,014.00.

Fair Isaac Trading Down 9.0%

Shares of FICO traded down $73.43 during midday trading on Monday, hitting $741.88. The stock had a trading volume of 405,095 shares, compared to its average volume of 445,721. The business has a 50-day simple moving average of $909.16 and a two-hundred day simple moving average of $1,065.05. The firm has a market cap of $16.02 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 0.97 and a beta of 1.35. Fair Isaac has a fifty-two week low of $586.05 and a fifty-two week high of $1,858.91.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $12.18 earnings per share for the quarter, topping the consensus estimate of $11.76 by $0.42. The firm had revenue of $674.19 million for the quarter, compared to analysts’ expectations of $679.17 million. Fair Isaac had a net margin of 34.05% and a negative return on equity of 32.51%. The company’s quarterly revenue was up 25.7% compared to the same quarter last year. During the same period in the previous year, the company posted $8.57 EPS. Fair Isaac has set its FY 2026 guidance at 42.430-42.430 EPS. On average, analysts expect that Fair Isaac will post 36.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In related news, Director Eva Manolis sold 967 shares of Fair Isaac stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $1,400.00, for a total value of $1,353,800.00. Following the completion of the sale, the director owned 498 shares of the company’s stock, valued at approximately $697,200. The trade was a 66.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 3.02% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

Large investors have recently bought and sold shares of the business. Western Wealth Management LLC bought a new stake in shares of Fair Isaac during the 1st quarter worth $29,000. Keating Financial Advisory Services Inc. bought a new stake in Fair Isaac in the 2nd quarter valued at $30,000. Versant Capital Management Inc increased its holdings in shares of Fair Isaac by 52.3% during the 3rd quarter. Versant Capital Management Inc now owns 67 shares of the technology company’s stock worth $40,000 after purchasing an additional 23 shares during the period. SBI Securities Co. Ltd. raised its position in shares of Fair Isaac by 28.5% during the third quarter. SBI Securities Co. Ltd. now owns 167 shares of the technology company’s stock valued at $99,000 after buying an additional 37 shares during the last quarter. Finally, Clearstead Trust LLC acquired a new position in shares of Fair Isaac during the second quarter valued at about $100,000. 85.75% of the stock is currently owned by institutional investors.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.