Fair Isaac (NYSE:FICO) Given Buy Rating at Needham & Company LLC

Fair Isaac (NYSE:FICOGet Free Report)‘s stock had its “buy” rating reissued by research analysts at Needham & Company LLC in a research report issued on Tuesday,Benzinga reports. They currently have a $1,650.00 price objective on the technology company’s stock. Needham & Company LLC’s price target would indicate a potential upside of 36.37% from the company’s current price.

FICO has been the subject of a number of other research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $1,750.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. The Goldman Sachs Group lowered their price objective on shares of Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Robert W. Baird set a $1,549.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 29th. Mizuho assumed coverage on shares of Fair Isaac in a research report on Thursday, April 16th. They set an “outperform” rating and a $1,416.00 price objective for the company. Finally, Barclays lowered their price objective on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $1,619.36.

Get Our Latest Research Report on Fair Isaac

Fair Isaac Stock Performance

FICO opened at $1,209.92 on Tuesday. The company has a 50-day moving average of $1,107.87 and a 200-day moving average of $1,375.28. The company has a market capitalization of $28.06 billion, a P/E ratio of 38.33, a PEG ratio of 1.00 and a beta of 1.28. Fair Isaac has a 1-year low of $870.01 and a 1-year high of $1,998.01.

Fair Isaac (NYSE:FICOGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $12.50 earnings per share for the quarter, beating analysts’ consensus estimates of $11.03 by $1.47. Fair Isaac had a net margin of 33.67% and a negative return on equity of 41.04%. The business had revenue of $691.68 million during the quarter, compared to the consensus estimate of $630.21 million. During the same quarter in the prior year, the firm earned $7.81 EPS. The company’s revenue for the quarter was up 38.7% compared to the same quarter last year. Fair Isaac has set its FY 2026 guidance at 40.450-40.450 EPS. As a group, sell-side analysts expect that Fair Isaac will post 38.06 earnings per share for the current fiscal year.

Fair Isaac declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 25th that permits the company to buyback $1.50 billion in shares. This buyback authorization permits the technology company to purchase up to 5.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bayban acquired a new position in Fair Isaac in the 4th quarter valued at $25,000. Physician Wealth Advisors Inc. boosted its holdings in Fair Isaac by 166.7% in the 4th quarter. Physician Wealth Advisors Inc. now owns 16 shares of the technology company’s stock valued at $27,000 after purchasing an additional 10 shares during the period. Torren Management LLC bought a new stake in Fair Isaac in the 4th quarter valued at $30,000. Rakuten Securities Inc. boosted its holdings in Fair Isaac by 100.0% in the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares during the period. Finally, Elyxium Wealth LLC bought a new stake in Fair Isaac in the 4th quarter valued at $42,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

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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