Fair Isaac Corporation (FICO) has been under recent scrutiny, with a senator imploring the Department of Justice to investigate the company's 'monopoly power'. Despite this, Bank of America has initiated a buy on FICO with a $2,800 price target, signaling confidence in the firm's future performance. In addition, FICO is seen to be revolutionizing decision-making, with the announcement of 12 new AI patents. This leap in innovation has been recognized with FICO winning the 2025 BIG Innovation Award for Blockchain-powered AI Governance. There are suggestions that FICO might be splitting soon - a move that could make the stocks more accessible to smaller-scale investors. FICO's recent fee increase has however sparked outrage in the mortgage industry. In response, FICO's technology partner, Xactus has launched the FICO® Score Mortgage Simulator to aid borrowers in securing better rates. Financial results for FICO's first quarter of Fiscal 2025 have been announced, with earnings coming in at $6.14 per share, along with the news that institutional investors in FICO lost 4.3% last week but benefitted from longer-term growth. Finally, FICO's high-margin FICO Scores Business has been highlighted as its major cash cow.
Fair Isaac Corporation FICO News Analytics from Fri, 07 Jun 2024 07:00:00 GMT to Thu, 10 Apr 2025 14:30:21 GMT -
Rating 7
- Innovation 8
- Information 7
- Rumor -6
