Fair Isaac Corporation (FICO)

Over the past six months, FICO's stock price has experienced volatility, with a share price of $1,565.83 as of October 21, 2025, representing a decline of 22.78% from October 22, 2024. In Q3 2025, FICO reported revenues of $536.42 million, up 19.8% year-over-year, and $8.57 EPS, exceeding estimates. FICO announced a new Mortgage Direct License Program on October 1, 2025, allowing mortgage lenders to directly calculate and distribute FICO scores, causing its shares to surge. The Federal Housing Finance Agency (FHFA) has approved VantageScore 4.0 for mortgage use, marking a shakeup in the credit scoring industry. Several research reports have been issued, with Griffin Securities and BMO Capital Markets setting price objectives of $1,800.00 in August 2025, and UBS Group raising its price target to $1,640.00 in September 2025.

The demand for FICO scores can be influenced by broader economic cycles and seasonal patterns in loan originations. There is typically negative seasonality on originations due to the holiday season in Q4, suggesting that demand for FICO's credit scoring services may experience a slowdown during this period. The company's revenue from its Scores segment can fluctuate with mortgage originations and overall financial activity.

Fair Isaac Corp. (FICO) is a leading analytics software company known for its FICO Score, operating in data analytics, AI, and software industries, serving financial services, telecommunications, healthcare, automotive, and retail. FICO's core business provides analytics software products and decision management solutions that enable businesses to automate, improve, and connect decisions, primarily in financial services. The FICO Score is the industry-standard credit scoring system used extensively in lending to assess credit risk. The FICO Platform is an analytics and AI-powered platform that enables smarter business decisions at scale. Fraud Management Solutions, such as Falcon Fraud Manager, help organizations detect and mitigate fraud. Credit Risk Management Solutions, including FICO Origination Manager, assess risk in real-time during loan origination. Regulatory Compliance Solutions, like FICO Compliance Manager, assist organizations in adhering to industry standards. Optimization Solutions, such as FICO Xpress Optimization, provide a platform for data-informed decisions regarding resource allocation and logistics. MyFICO.com is a direct-to-consumer service where individuals can access their FICO Scores and credit reports.

FICO has a significant global market presence, with its solutions utilized by thousands of organizations worldwide and the FICO Score available in over 40 countries. A large portion of its revenues is derived from international sales, with 27% coming from outside the U.S. in fiscal year 2024. The company develops technologies and services that enable businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions.

FICO maintains a strong brand reputation, particularly for its FICO Score, which is widely recognized as the standard measure of U.S. consumer credit risk. The company has received positive industry recognition for its Software Business, with FICO® Platform being acknowledged for innovation in the 2024 IDC MarketScape for Worldwide Decision Intelligence Platforms. FICO was also ranked as a top 10 company in the Chartis Research RiskTech100® 2025 and named a Category Leader in Enterprise Fraud Solutions and Payment Fraud Solutions in 2024. The announcement of its Mortgage Direct License Program on October 1, 2025, was positive for FICO but ignited a backlash from the three major credit bureaus.

Fair Isaac Corp. (FICO) is primarily owned by institutional shareholders, who hold 88.19% of the company, and Fair Isaac insiders, who own 21.45%, while retail investors hold 0.00%. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, Price T Rowe Associates Inc /md/, Valley Forge Advisors, LLC, Geode Capital Management, Llc, and Jpmorgan Chase & Co. The largest individual Fair Isaac shareholder is Sandell Asset Management Corp, owning 2.87 million shares, representing 11.97% of the company. Larry Rosenberger is also a significant insider owner.