Needham Cuts Fair Isaac (FICO) Price Target to $1,100

Needham has reaffirmed its Buy rating on Fair Isaac Corporation with a new price target of $1,100, a 43.37% upside from the current price.

By TradeTexts Research Desk · Published Oct 16, 2026, 2:24 PM EDT

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Needham cut its price target on Fair Isaac Corporation ($FICO) to $1,100 from $1,650 on October 13, 2026, and rates the stock "Buy".

Since the rating, $FICO is up 6.7% to date (from the $723.03 close on Oct 13, 2026).

FICO Fair Isaac Corporation

$771.19 -53.07% year to date

Daily close · Oct 16, 2026

Key Points

On October 13, 2026, Needham reiterated its Buy rating on Fair Isaac Corporation, lowering its price target from $1,650 to $1,100.
Needham's $1,100 price target implies 43.37% upside from Fair Isaac Corporation's ($FICO) current $767.23 share price.
As of October 16, 2026, Fair Isaac shares are trading around $767.23, which is 30.3% below the new analyst target.
The company has a strong revenue growth rate of 25.7% year-over-year and operates with a net margin of 34.1%.

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Needham has reaffirmed its Buy rating on Fair Isaac Corporation (NYSE: FICO) as of October 13, 2026, and set a new price target of $1,100, down from the previous target of $1,650. The firm believes in the company's potential despite the adjustment in the price target.

Other Institutional Activity in Fair Isaac Corporation

Capital Research Global Investors increased its stake by 177,434 shares, bringing its total to 1,296,893 shares valued at about $1 billion. Meanwhile, Capital International Investors grew its holdings by 538,572 shares, totaling 1,247,685 shares worth approximately $962.2 million. In contrast, both Blackrock Inc. and Vanguard Capital Management LLC reduced their stakes, with Blackrock selling 101,697 shares to end with 2,085,336 shares valued at about $1.6 billion, and Vanguard trimming 25,090 shares, holding 1,477,322 shares worth roughly $1.1 billion.

Fair Isaac Corporation Stock Up 6.6%

As of October 16, 2026, Fair Isaac shares are trading at $767.23, which is significantly below its 50-day moving average of about $942.84 and its 200-day moving average of around $1,171.72. The stock is also 58.7% off its 52-week high of $1,858.91, but it is 30.9% above its 52-week low of $586.05.

12-month forecast

$FICO price target

Fair Isaac Corporation daily closes and this analyst's $1,100 target. Not advice.

Recent Earnings

Fair Isaac reported trailing twelve-month revenue of approximately $2.39 billion and an EPS of $34.54, reflecting a solid financial performance. The company is set to announce its next earnings on November 4, 2026, which investors will be watching closely.

Insider Buying and Selling at Fair Isaac Corporation

Insider sales have been noted recently, including Chief Financial Officer Steven P. Weber selling 1,426 shares at an average price of $1,810 on December 17, 2025, totaling about $2.58 million. Director Joanna Rees sold 358 shares at $1,360 on February 13, 2026, worth approximately $486,880. Additionally, Director Eva Manolis sold 520 shares at $1,227.63 on February 25, 2026, totaling around $638,368, and another 967 shares at $1,400 on July 29, 2026, amounting to about $1.35 million.

Analysts Set New Price Targets

On October 13, 2026, Needham maintained its Buy rating on Fair Isaac with a new price target of $1,100. Earlier that day, Raymond James also maintained its Outperform rating but lowered its target to $1,230. Other analysts, such as Barclays and Baird, have also adjusted their targets, with Barclays lowering its target to $875 and Baird to $1,070.

About Fair Isaac Corporation

Fair Isaac Corporation provides analytics software and services across various regions, including the Americas and Europe. Known for its scoring solutions, the company helps clients integrate predictive analytics into decision-making processes. This focus on analytics is crucial for its growth, especially in the technology sector.

Bottom Line

Investors will be looking ahead to Fair Isaac's next earnings report on November 4, 2026, to gauge its financial health following the recent adjustments in analyst ratings. The stock's performance in relation to its price targets will also be a focal point for market watchers.