Needham analyst Kyle Peterson reiterated a Buy rating on Fair Isaac today and set a price target of $1,950.00.
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Kyle Peterson has given his Buy rating due to a combination of factors that highlight Fair Isaac’s strong financial performance and strategic positioning. The company reported third-quarter results for fiscal year 2025 that exceeded expectations, driven by robust performance in its Scores segment and effective margin management, which more than compensated for some short-term challenges in the software sector.
Moreover, Fair Isaac’s ability to maintain its competitive edge is evident as it continues to secure lending partners for mortgage scoring, with no significant shift towards competitors like VantageScore. This stability in its core business, along with its strategic initiatives such as share buybacks, reinforces the company’s appeal as a valuable investment for information services investors. Consequently, Peterson reaffirms his Buy rating with a target price of $1,950 and maintains Fair Isaac on the Needham Conviction List.
According to TipRanks, Peterson is a 4-star analyst with an average return of 7.6% and a 49.48% success rate. Peterson covers the Technology sector, focusing on stocks such as Fair Isaac, Alight, and Affirm Holdings.
In another report released on July 29, Barclays also maintained a Buy rating on the stock with a $2,000.00 price target.