Barclays Raises PT on Fair Isaac (FICO) Stock

Fair Isaac Corporation (NYSE:FICO) is one of the Best Long Term Growth Stocks to Buy Now. On October 2, Barclays lifted the price target on the company’s stock to $2,400 from $2,000, while keeping an “Overweight” rating, as reported by The Fly. As per the analyst, Fair Isaac Corporation (NYSE:FICO)’s new mortgage direct license program remains a clear positive. Fair Isaac Corporation (NYSE:FICO) added that, with the roll-out of FICO® Mortgage Direct License Program, tri-merge resellers have the option to calculate as well as distribute FICO Scores directly to their customers. This would eliminate reliance on the 3 nationwide credit bureaus.

This shift is expected to fuel price transparency and immediate cost savings to mortgage lenders, mortgage brokers, and other industry participants. In Q3 2025, Fair Isaac Corporation (NYSE:FICO)’s software revenues came in at $212.1 million as compared to $206.4 million in the prior-year period, reflecting an increase of 3%. This was mainly because of increased Software as a Service revenue.

Brown Advisory, an investment management company, released its Q2 2025 investor letter. Here is what the fund said:

“We initiated positions in DraftKings (DKNG) and Fair Isaac Corporation (NYSE:FICO) during the quarter. Fair Isaac Corporation (FICO) is one of the leading providers of credit scoring solutions in the United States, with its FICO score serving as the industry benchmark for consumer credit risk assessment among lenders. Despite recent headwinds from higher interest rates suppressing mortgage originations, we believe FICO remains indispensable within the mortgage ecosystem. The company is well-positioned to benefit from a cyclical recovery in home purchases and to drive revenue growth through its critical role in credit risk management. With its dominant market share and strong reputation for innovation, FICO is poised to deliver sustained growth as the need for reliable credit assessment remains essential.

Fair Isaac Corporation (FICO) was added to the portfolio during the quarter. As a leading provider of credit scores in the U.S., its FICO score is the standard metric used by most lenders to evaluate consumer credit risk. While the stock finished essentially flat for the quarter, concerns about rising mortgage origination costs, raised by the head of the FHFA, led to an intra-quarter decline of nearly 30%.”

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Disclosure: None. This article is originally published at Insider Monkey.