FICO rises after lifting annual forecast, topping Q2 estimates

Fair Isaac

29/04/2026 11:42

** Shares of Fair Isaac Corp FICO.N, better known as FICO, climb 12.89% to $1,140.74 after strong Q2 results

** Co on Tuesday reported second-quarter revenue of $691.68 million, above analysts' average estimate of $629.80 million - data compiled by LSEG

** FICO raised its fiscal 2026 revenue forecast to $2.45 billion from $2.35 billion and its adjusted net income outlook to $946 million from $907 million

** Despite strong near-term fundamentals, the earnings multiple has compressed on regulatory risk (i.e., VantageScore competition) and AI disruption concerns - Clear Street analysts

** FICO's previously announced mortgage pricing increase and healthy origination volumes drove strong Scores revenue growth, while accelerating Platform ARR growth boosts Software - Raymond James analyst

** 16 of 23 analysts rate stock "strong buy" or "buy", six "hold" and one "sell"; their median PT is $1,578.50 - data compiled by LSEG

** As of last close, stock down 40.2% YTD

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com;))