- Innovative Approach: Fair Isaac Corp introduces credit scores integrating BNPL data, enhancing financial insights.
- Market Reaction: FICO's stock increased by 1% post-announcement.
- Analyst Projections: Analysts predict a 22.38% upside potential for FICO stock with a positive outlook.
Fair Isaac Corporation, known by its ticker FICO, has unveiled two groundbreaking credit scores that now include Buy Now, Pay Later (BNPL) data. This strategic move is designed to equip lenders with deeper insights into consumer repayment behaviors, while simultaneously fostering financial inclusion for BNPL users. Following this exciting announcement, FICO's stock witnessed a modest 1% uptick.
Wall Street Analysts Forecast
According to one-year price targets provided by 17 industry analysts, Fair Isaac Corp (FICO, Financial) has an average target price of $2,230.27. Expectations range from a high estimate of $3,700.00 to a low of $1,364.00. The average target suggests a potential upside of 22.38% from the current price point of $1,822.38. For more detailed estimates, visit the Fair Isaac Corp (FICO) Forecast page.
Reflecting on the consensus recommendation from 19 brokerage firms, Fair Isaac Corp's (FICO, Financial) average brokerage rating is 2.2, indicating an "Outperform" rating. The rating spectrum spans from 1, which stands for Strong Buy, to 5, representing Sell.
According to GuruFocus estimates, the projected GF Value for Fair Isaac Corp (FICO, Financial) within a year is $1,555.99, suggesting a possible downside of 14.62% from the current price of $1,822.38. GF Value is GuruFocus' calculated fair value at which the stock should ideally trade, considering historical trading multiples, past business growth, and future performance projections. Additional detailed data is accessible on the Fair Isaac Corp (FICO) Summary page.
