It seems that the Fair Isaac Corporation (FICO) has seen a mixture of both highs and lows recently. Various analytical reports suggest a potential 16-35% upside for FICO stock, an attractive aspect for strategic investors. This is supported by strong reported earnings and revenue growth. A significant factor includes FICO's introduction of credit scores that incorporate 'Buy Now Pay Later' repayment data, and the authorization of a $1.5 billion stock buyback program. In addition, there has been strong investor, particularly related to its 12 new AI patents that promise to revolutionize decision-making.
However, FICO has also faced scrutiny. A Senator has called for an investigation into its 'monopoly power' due to its high margin FICO Score business. There are also concerns about possible changes to credit scoring rules, and fee hikes for mortgage originations have drawn the ire of the industry. Moreover, share prices dropped 18.6% after the last earnings report, and faced further slumps after announcing offerings of $1.5 billion in Senior Notes. Despite some negative news, many Wall Street analysts retain a bullish outlook on the firm, with some firms upgrading their ratings and raising stock targets.
Fair Isaac Corporation FICO News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Fri, 27 Jun 2025 19:07:01 GMT - Rating 3 - Innovation 7 - Information 7 - Rumor -2
