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Fair Isaac Corporation’s Stock Price Takes a Dip at 1973.46 USD, Reflecting a 3.21% Decrease: Time to Buy or Bail?

By October 19, 2024 No Comments

Fair Isaac Corporation (FICO)

1973.46 USD -65.49 (-3.21%) Volume: 0.21M

Discover Fair Isaac Corporation’s stock price, exhibiting a robust performance with its current price at 1973.46 USD despite a slight dip of -3.21% this trading session. With a trading volume of 0.21M and an impressive YTD increase of +69.54%, FICO’s stock continues to showcase promising potential for investors.


Latest developments on Fair Isaac Corporation

Today, Fair Isaac Corporation (FICO) stock price is experiencing fluctuations following recent events. Jim Cramer has praised FICO as being the best at what it does, highlighting the company’s strong position in the market. However, lawmakers and MBA have raised concerns over potential price hikes by FICO, particularly in mortgage credit scores, with predictions of costs increasing by up to 50%. The valuation of Fair Isaac Corporation is now being scrutinized for its rapid growth. Investors are anticipating another round of price increases for FICO scores in 2025, adding to the uncertainty surrounding the company’s stock performance.


A look at Fair Isaac Corporation Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Fair Isaac Corp is positioned for strong long-term growth and resilience. With a Growth score of 4 and a Resilience score of 5, the company is expected to continue expanding and adapting well to market challenges. This indicates that Fair Isaac Corp has a solid foundation for future success and sustainability.

Additionally, the Momentum score of 5 suggests that Fair Isaac Corp is currently experiencing positive market momentum, which could further bolster its long-term outlook. While the company may not offer high dividends or be considered undervalued based on the Value score of 0, its overall performance in growth, resilience, and momentum positions it well for continued success in the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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