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

Fair Isaac (NYSE:FICO) had its target price hoisted by JPMorgan Chase & Co. from $1,750.00 to $1,825.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the technology company’s stock.

A number of other research firms also recently weighed in on FICO. UBS Group boosted their price target on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. 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. Weiss Ratings reissued a “hold (c)” rating on shares of Fair Isaac in a research note on Wednesday, October 8th. Jefferies Financial Group decreased their price objective on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research note on Thursday. Finally, BMO Capital Markets dropped their price objective on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a report on Thursday. 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’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,118.50.

Fair Isaac Price Performance

Shares of NYSE FICO traded up $65.18 during midday trading on Thursday, hitting $1,739.98. The stock had a trading volume of 252,154 shares, compared to its average volume of 285,092. The firm 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 fifty-two week low of $1,300.00 and a fifty-two week high of $2,402.51. The company’s 50-day simple moving average is $1,603.24 and its 200 day simple moving average is $1,670.66.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million for 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%.The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the business earned $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. Equities analysts expect that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,011 shares of the stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares in the company, valued at $64,787,175. This represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 18,032 shares of company stock valued at $28,094,085 over the last ninety days. 3.46% of the stock is currently owned by insiders.

Institutional Trading of Fair Isaac

Several hedge funds have recently bought and sold shares of FICO. Westside Investment Management Inc. acquired a new position in shares of Fair Isaac in the second quarter valued at approximately $26,000. ORG Partners LLC bought a new stake in Fair Isaac in the 2nd quarter valued at $27,000. Hilltop National Bank acquired a new position in Fair Isaac in the 2nd quarter worth $27,000. Geo Capital Gestora de Recursos Ltd bought a new position in Fair Isaac during the 1st quarter worth about $28,000. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Fair Isaac in the 1st quarter valued at about $30,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

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.