Fair Isaac (NYSE:FICO) Price Target Cut to $2,100.00 by Analysts at Jefferies Financial Group

Fair Isaac (NYSE:FICO) had its target price lowered by research analysts at Jefferies Financial Group from $2,150.00 to $2,100.00 in a report released on Thursday,Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Jefferies Financial Group’s price target indicates a potential upside of 25.32% from the stock’s previous close.

Several other research analysts have also recently weighed in on FICO. Griffin Securities set a $1,800.00 price target on shares of Fair Isaac in a report on Monday, August 18th. Robert W. Baird upped their price target on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a report on Thursday. UBS Group upped 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 report on Monday, September 15th. Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, Wells Fargo & Company increased their target price on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Three investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,141.71.

Fair Isaac Stock Up 2.9%

Fair Isaac stock traded up $46.53 during trading on Thursday, hitting $1,675.73. The stock had a trading volume of 343,824 shares, compared to its average volume of 284,859. Fair Isaac has a 1 year low of $1,300.00 and a 1 year high of $2,402.51. The stock’s 50 day moving average is $1,599.84 and its two-hundred day moving average is $1,670.63. The stock has a market cap of $40.22 billion, a price-to-earnings ratio of 65.54, a price-to-earnings-growth ratio of 1.63 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, November 5th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.36 by $0.38. The firm had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. Fair Isaac had a negative return on equity of 48.88% and a net margin of 32.80%.The business’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $6.54 earnings per share. Fair Isaac has set its FY 2026 guidance at 38.170-38.170 EPS. As a group, equities research analysts anticipate that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total transaction of $9,241,912.50. Following the transaction, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at approximately $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 18,032 shares of company stock valued at $28,094,085 over the last quarter. 3.46% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Westside Investment Management Inc. bought a new position in shares of Fair Isaac during the second quarter valued at about $26,000. ORG Partners LLC bought a new position in shares of Fair Isaac during the second quarter valued at about $27,000. Hilltop National Bank bought a new position in shares of Fair Isaac during the second quarter valued at about $27,000. Geo Capital Gestora de Recursos Ltd bought a new position in shares of Fair Isaac during the first quarter valued at about $28,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Fair Isaac during the first quarter valued at about $30,000. 85.75% of the stock is owned by institutional investors.

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.