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Fair Isaac Corporation — Intrinsic Value & Fair Price

FICO
NYSETechnologySoftware - ApplicationCIK 0000814547fico.comAbout FICO
Last close · Oct 16, 2026771.19+1.26 (+0.16%)
Market cap$16.7B
Model value · DCF · Perpetuity growth · 5y
772.99
Fair Isaac closed at $771.19 — right at the model value.
463.83the model's range1,905.59

DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
81.93 – 1,481.62
Wall St. target
1,134.00 32% below
Below model, 1y
11 of 20 days

Price and model value

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Daily close

Research on FICO

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How it is valued

Valued asSoftware
Moderate growth (~15% recent)High profitability (33% net margin)Moderately volatile earningsHigh leverage (D/E 5.0x)
What growth the price implies: the reverse DCF

Key figures

FY2025 · chosen for software companies
Price / sales
9.4×
Revenue growth
15.9%
Gross margin
82.2%
FCF margin
38.7%
Rule of 40
54.6%
Operating margin
46.5%
Full financials

Analyst actions

third-party, quoted
10-16RBC Capital · target1,045.00
10-13Raymond James · target1,230.00
10-02Robert W. Baird · target1,070.00
09-30B of A Securities · “Neutral” from “Buy”downgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label

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About Fair Isaac

Fair Isaac Corporation, also known as FICO, delivers advanced analytics, software solutions, and data management services designed to help businesses optimize, automate, and interconnect their crucial decision-making processes. These offerings reach clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific region. The company operates through two main divisions: Software and Scores. The Software segment provides pre-configured decision management solutions catering to a variety of business challenges and operations, including marketing strategy, account creation, customer relations, engagement, fraud detection, financial crime compliance, and debt collection, alongside related professional services. Key among its offerings is the FICO Platform, a modular software suite built to support sophisticated analytical and decision-making applications. This segment also supplies stand-alone analytical and decisioning software that customers can customize for a broad spectrum of business needs. Conversely, the Scores segment offers both business-to-business (B2B) and business-to-consumer (B2C) solutions. Its B2B scoring services empower corporate clients with analytics that can be integrated directly into their transaction flows and decision frameworks. For individual consumers, the segment provides B2C scoring via offerings such as myFICO.com subscriptions. FICO markets its diverse product and service portfolio primarily through its dedicated direct sales force, various indirect distribution channels, and its online presence. Established in 1956 as Fair Isaac & Company, Inc., the company officially adopted the name Fair Isaac Corporation in July 1992 and maintains its headquarters in Bozeman, Montana.

CEO
William J. Lansing
Headquarters
Bozeman, MT
Employees
3,876
IPO
1987-07-22
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.