FICO's stock rises after launch of Xpress 9.8
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 09 Jan 26
Source: NASDAQ.COM
Fair Isaac Corp's stock increased by 5.01% as it crossed above the 5-day SMA, reflecting positive market conditions.
The surge is attributed to the launch of FICO Xpress 9.8, which integrates NVIDIA CUDA-X libraries, achieving up to 50x speed improvements. This significant enhancement in operational efficiency positions FICO as a leader in the optimization software market, attracting investor interest amid broader market strength.
The advancements in FICO's software not only improve performance but also meet customer demands for rapid solutions, indicating strong future growth potential for the company.
Analyst Views on FICO
Wall Street analysts forecast FICO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FICO is 2070 USD with a low forecast of 1700 USD and a high forecast of 2400 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 1525.670
Low
1700
Averages
2070
High
2400
Current: 1525.670
Low
1700
Averages
2070
High
2400
About FICO
Fair Isaac Corporation is an applied analytics software company. The Company is focused on using predictive analytics and data science to improve operational decisions. The Company operates through two segments: Scores and Software. The Scores segment includes the Company's business-to-business scoring solutions and services which give its clients access to predictive credit and other scores. This segment includes its business-to-consumer scoring solutions, including its myFICO.com subscription offerings. The Company’s Software segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process, such as account origination, customer management, customer engagement, fraud detection and marketing as well as associated professional services. This segment includes FICO Platform, a modular software offering designed to support advanced analytic and decision use cases as well as stand-alone analytic and decisioning software.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
