Fair Isaac (NYSE:FICO) Issues Quarterly Earnings Results

Fair Isaac (NYSE:FICO) issued its earnings results on Wednesday. The technology company reported $7.74 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $512.38 million. During the same quarter last year, the business earned $6.54 earnings per share. The company’s quarterly revenue 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 Up 3.9%

FICO traded up $65.18 on Friday, reaching $1,739.98. The company had a trading volume of 252,154 shares, compared to its average volume of 285,092. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,402.51. The stock has a 50-day moving average price of $1,607.58 and a 200-day moving average price of $1,670.12. The stock has a market capitalization of $41.77 billion, a PE ratio of 68.05, a P/E/G ratio of 1.63 and a beta of 1.34.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Fair Isaac in a report on Wednesday, October 8th. Raymond James Financial cut their price target on 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. Robert W. Baird upped their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research report on Thursday. Oppenheimer lowered shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Finally, Zacks Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. Three research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,118.50.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 43,207 shares of the company’s stock, valued at approximately $70,485,307.38. This represents 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 accessible through the SEC website. Insiders have sold a total of 18,032 shares of company stock worth $28,094,085 over the last quarter. 3.46% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Fair Isaac

Hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. lifted its stake in shares of Fair Isaac by 16.1% in the second quarter. Alliancebernstein L.P. now owns 211,947 shares of the technology company’s stock worth $387,431,000 after acquiring an additional 29,408 shares in the last quarter. Man Group plc lifted its holdings in Fair Isaac by 88.0% in the second quarter. Man Group plc now owns 50,800 shares of the technology company’s stock worth $92,860,000 after purchasing an additional 23,784 shares during the period. Akre Capital Management LLC acquired a new position in shares of Fair Isaac during the 2nd quarter valued at $16,722,000. Canada Pension Plan Investment Board raised its holdings in shares of Fair Isaac by 90.6% in the 2nd quarter. Canada Pension Plan Investment Board now owns 12,323 shares of the technology company’s stock worth $22,526,000 after purchasing an additional 5,858 shares in the last quarter. Finally, Tidal Investments LLC boosted its position in shares of Fair Isaac by 40.3% in the 2nd quarter. Tidal Investments LLC now owns 18,629 shares of the technology company’s stock valued at $34,053,000 after purchasing an additional 5,354 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

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.