Needham analyst Kyle Peterson reiterated a Buy rating on Fair Isaac (NYSE:FICO) Corporation on Wednesday, setting a price target of $565, which is approximately 17.71% above the present share price of $480.
Peterson expects Fair Isaac Corporation to post earnings per share (EPS) of $2.97 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Fair Isaac, with an average price target of $538.33.
The analysts price targets range from a high of $565 to a low of $490.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $312.41 million and a net profit of $87.39 million. The company's market cap is $14.03 billion.
According to TipRanks.com, Needham analyst Kyle Peterson is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 6.9% and a 70.00% success rate.
Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management. The Scores segment consists of business-to-business scoring solutions and services, business-to-consumer scoring solutions and services including myFICO solutions for consumers, and associated professional services. The Decision Management Software segment comprises the analytic and decision management software tools, FICO decision management suite, and associated professional services. The company was founded by Bill Fair and Earl Isaac in 1956 and is headquartered in San Jose, CA.