BofA Lowers PT on Fair Isaac (FICO) Stock

Fair Isaac Corporation (NYSE:FICO) is one of the Best Wide Moat Stocks to Buy According to Wall Street Analysts. On May 21, BofA reduced its price objective on the company’s stock to $1,400 from $1,550 and kept a “Buy” rating on the shares. Notably, the firm adjusted its price targets in the overall business and information services group post the earnings.

BofA Lowers PT on Fair Isaac (FICO) Stock

In a different update, Fair Isaac Corporation (NYSE:FICO)’s net income for Q2 2026 amounted to $264.5 million, or $11.14 per share, compared to $162.6 million, or $6.59 per share, in Q2 2025. Notably, Scores revenues amounted to $475.0 million as compared to $297.0 million in Q2 2025, up by 60%, with B2B revenue rising 72%, mainly due to a higher mortgage origination scores unit price and higher volume of mortgage originations.

Talking about the second segment, software revenues rose by 7% YoY with $216.7 million in Q2 2026 as compared to $201.7 million in Q2 2025. Fair Isaac Corporation (NYSE:FICO) raised its FY 2026 guidance, with revenues now expected to be $2.45 billion as compared to the previous guidance of $2.35 billion.

Fair Isaac Corporation (NYSE:FICO) is engaged in offering analytics software.

While we acknowledge the risk and potential of FICO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FICO and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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