Raymond James Cuts Fair Isaac (FICO) Price Target to $1,230

Raymond James reiterated its Outperform rating on Fair Isaac Corporation (FICO) on October 13, 2026, and set a new price target of $1,230, down from $1,750. This adjustment reflects a significant change in the firm's outlook for the company’s stock value.

Other Institutional Activity in Fair Isaac Corporation

Capital Research Global Investors increased its stake by 177,434 shares, bringing its total to 1,296,893 shares worth about $1 billion. Meanwhile, Capital International Investors added 538,572 shares, ending with 1,247,685 shares valued at approximately $962.2 million. In contrast, Blackrock Inc. reduced its holdings by 101,697 shares, resulting in a total of 2,085,336 shares worth about $1.6 billion. Vanguard Capital Management LLC also trimmed its position, selling 25,090 shares, leaving it with 1,477,322 shares valued at about $1.1 billion.

Fair Isaac Corporation Stock Up 6.6%

Fair Isaac Corporation's stock recently traded around $767.23, which is below its 50-day moving average of about $942.84 and its 200-day average of approximately $1,171.72. The shares are also significantly below the 52-week high of $1,858.91, reflecting a decline of nearly 58.7% from that peak.

Recent Earnings

For the trailing twelve months, Fair Isaac Corporation reported revenue of $2.39 billion with a net margin of 34.1%. The company is scheduled to announce its next earnings report on November 4, 2026.

Insider Buying and Selling at Fair Isaac Corporation

Insider transactions have shown some activity, with Chief Financial Officer Steven P. Weber selling 1,426 shares at an average price of $1,810 on December 17, 2025, totaling about $2.58 million. Director Joanna Rees sold 358 shares at $1,360 each on February 13, 2026, for approximately $486,880. Another Director, Eva Manolis, sold 520 shares at $1,227.63 on February 25, 2026, totaling about $638,368. She also sold 967 shares at $1,400 each on July 29, 2026, for around $1.35 million.

Analysts Set New Price Targets

On October 13, 2026, Raymond James maintained its Outperform rating for Fair Isaac Corporation and set a target price of $1,230. Other firms also maintained their ratings, with Barclays holding an Overweight rating and a target of $875, while Baird set a target of $1,070. The consensus among analysts suggests a recommendation to buy, with a mean price target of approximately $1,031.89.

About Fair Isaac Corporation

Fair Isaac Corporation, based in Bozeman, MT, provides analytics software across various regions, including the Americas and Europe. The company operates through two segments: Scores and Software. Its Scores segment offers business-to-business scoring solutions, while the Software segment provides tools for decision-making processes in various industries.

Bottom Line

Investors should keep an eye on Fair Isaac Corporation's upcoming earnings report on November 4, 2026, and monitor any further analyst updates following this recent target adjustment by Raymond James.