Added to YB: 2026-10-01
Pitch date: 2026-09-27
FICO [neutral]
Fair Isaac Corporation
-9.72%
current return
Author Info
No bio for this author
Company Info
Fair Isaac Corporation provides analytics software in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$15.0B
Pitch Price
$852.86
Price Target
818.00 (+6%)
Dividend
N/A
EV/EBITDA
15.97
P/E
20.18
EV/Sales
8.51
Sector
Software
Category
value
$FICO VALUATION MODEL
FICO (hold): FICO remains a wide-moat, exceptionally profitable business, but at $863 the $818 base-case DCF implies 5% downside and no meaningful margin of safety. Mortgage origination is 62% of Scores revenue, while sub-$1 VantageScore competes with FICO at about $10 and regulatory changes weaken its mandate. Platform ARR growth provides a second engine, but $5B+ of debt compounds the risk; the low $700s would be more interesting if assumptions held.
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