Fair Isaac shares rise after rolling out direct licensing of mortgage scores

Fair Isaac

02/10/2025 15:50

** Shares of U.S. data analytics company Fair Isaac FICO.N up 24.6% at $1,884.66 following the launch of a direct licensing program for mortgage scores

** FICO score is a U.S. credit scoring system used by nearly 90% of lenders to evaluate a borrower's creditworthiness

** Company says direct access to FICO scores for lender and mortgage resellers would increase competition and provide price transparency

** 16 of 21 analysts covering the stock have a "buy" or higher rating, four "hold" and one "sell" rating; median PT is $1,900- data compiled by LSEG

** Including session's move, FICO stock down ~6.1% YTD

 (Reporting by Anuj T in Bengaluru)

 ((anuj.t@thomsonreuters.com))