This summary was created by AI, based on 1 opinions in the last 12 months.
Fair Isaac Corporation (FICO-N) recently reported their quarterly earnings, showcasing a significant beat on both top and bottom lines, alongside an acceleration in revenue growth. However, while the company has raised its full-year forecast, it fell short of the expectations set by analysts on Wall Street. This news sparked a notable decline in the stock price, which plunged by 7% following the report. Investors are also expressing concerns about the impact of rising long-term interest rates, which adds further pressure on the stock's performance. Overall, the mixed signals from the earnings report and external economic factors have left market participants in a cautious stance with respect to the company's future prospects.
He suggested waiting for a pullback, but it's recently rallied 15%, though pulled back today 7% because they missed top and bottom, though reiterated gull-year forecasts. But analysts expected better.
The #14 stock on the S&P last year, up 94.5%. They created and own the FICO credit score, drawing revenues from companies and individuals alike. Their software business is strong, amounting to about 50% of their sales. They're innovative and keep offering new products. Banks are key clients who need credit scores. Software revenue was up 11% and annual recurring revenue was up 22%. Retention rate was 120% (gaining more business). Their performance supports a rising PE. But it now trades at 47x PE, higher than peers, too pricey. It'll likely pullback. A fine company.
Fair Isaac Corp. is a American stock, trading under the symbol FICO-N on the New York Stock Exchange (FICO). It is usually referred to as NYSE:FICO or FICO-N
In the last year, 1 stock analyst published opinions about FICO-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Fair Isaac Corp..
Fair Isaac Corp. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Fair Isaac Corp..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Fair Isaac Corp. In the last year. It is a trending stock that is worth watching.
On 2025-02-21, Fair Isaac Corp. (FICO-N) stock closed at a price of $1697.42.
Yesterday, they reported a sizable top and bottom line beat, accelerated revenue growth and raised their full-year forecast, but not as high as the street expected. So shares plunged 7% today. Also, the street is worried about long-term interest rates going higher.