Fair Isaac slides as risk-off tape meets renewed mortgage-score competition concerns

Fair Isaac Corporation (FICO) is down 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop looks driven by a risk-off session for equities combined with lingering investor sensitivity to competitive and pricing dynamics in mortgage credit scores. Recent analyst target adjustments and ongoing debate over how score and credit-report costs will be shared across the mortgage ecosystem may also be weighing on sentiment.

Details:

FICO fell alongside a broadly weaker U.S. market tape, a backdrop that often pressures higher-multiple analytics/software names disproportionately.

In conforming mortgages, the shift toward “lender choice” (with VantageScore 4.0 permitted as an alternative) has introduced more direct competition in the credit-score supply chain, creating uncertainty around long-term pricing power.

Equifax has been marketing lower-priced VantageScore 4.0 offerings and related incentives to drive adoption through 2026, highlighting a more aggressive competitive stance that investors continue to monitor.

Separately, a recent Goldman Sachs price-target reduction (while keeping a Buy rating) may have reinforced near-term caution around valuation and mortgage-related assumptions.

Sources:

MarketWatch, Congress.gov (CRS), Equifax Investor Relations, Benzinga

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FICO Insider Trading Activity

$FICO insiders have traded $FICO stock on the open market 69 times in the past 6 months. Of those trades, 0 have been purchases and 69 have been sales.

Here’s a breakdown of recent trading of $FICO stock by insiders over the last 6 months:

WILLIAM J LANSING (President and CEO) has made 0 purchases and 65 sales selling 20,432 shares for an estimated $32,252,974.
STEVEN P. WEBER (Executive Vice President & CFO) sold 1,426 shares for an estimated $2,581,060
EVA MANOLIS sold 521 shares for an estimated $951,257
JOANNA REES sold 358 shares for an estimated $486,880
MARC F MCMORRIS sold 240 shares for an estimated $434,287

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$FICO Hedge Fund Activity

We have seen 446 institutional investors add shares of $FICO stock to their portfolio, and 599 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 3,326,972 shares (+480776.3%) to their portfolio in Q4 2025, for an estimated $5,624,645,402
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 995,036 shares (-76.9%) from their portfolio in Q4 2025, for an estimated $1,682,227,762
CAPITAL RESEARCH GLOBAL INVESTORS added 305,577 shares (+inf%) to their portfolio in Q4 2025, for an estimated $516,614,587
WINSLOW CAPITAL MANAGEMENT, LLC removed 229,187 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $342,985,221
EDGEWOOD MANAGEMENT LLC removed 211,734 shares (-27.9%) from their portfolio in Q4 2025, for an estimated $357,961,735
BLACKROCK, INC. removed 197,372 shares (-8.5%) from their portfolio in Q4 2025, for an estimated $333,681,050
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 139,758 shares (-67.1%) from their portfolio in Q4 2025, for an estimated $236,277,669

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$FICO Government Contracts

We have seen $2,450,000 of award payments to $FICO over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THE PURPOSE OF THIS CONTRACT IS TO PROVIDE BLADEWORKS SOFTWARE LICENSE MAINTENACE AND SUPPORT WITH A 12-MON...: $2,450,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$FICO Congressional Stock Trading

Members of Congress have traded $FICO stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FICO stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 12/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$FICO Analyst Ratings

Wall Street analysts have issued reports on $FICO in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 01/29/2026
Baird issued a "Outperform" rating on 11/06/2025
Jefferies issued a "Buy" rating on 11/06/2025
Seaport Global issued a "Buy" rating on 10/01/2025

To track analyst ratings and price targets for $FICO, check out Quiver Quantitative's $FICO forecast page.

$FICO Price Targets

Multiple analysts have issued price targets for $FICO recently. We have seen 10 analysts offer price targets for $FICO in the last 6 months, with a median target of $1967.5.

Here are some recent targets:

George Tong from Goldman Sachs set a target price of $1770.0 on 02/03/2026
Kyle Peterson from Needham set a target price of $1975.0 on 01/29/2026
Surinder Thind from Jefferies set a target price of $2200.0 on 01/16/2026
Jason Haas from Wells Fargo set a target price of $2500.0 on 01/14/2026
Ryan Griffin from BMO Capital set a target price of $2200.0 on 11/06/2025
Jeffrey Meuler from Baird set a target price of $1960.0 on 11/06/2025
Alexander Hess from JP Morgan set a target price of $1825.0 on 11/06/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.