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Fair Isaac Slides as Mortgage Credit-Score Competition Remains an Overhang

Investivoq PriceTracker

Fair Isaac Corporation (FICO) is down 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be continued investor concern over rising competition in mortgage credit scoring rather than a fresh company-specific setback today. This could be because recent policy changes widened lender access to VantageScore 4.0, while upcoming FHA support for additional score models has kept pressure on expectations for FICO’s pricing power in its mortgage-related scores business.

Details:

  • Federal housing finance policy was updated on September 9, 2026 to let all approved Fannie Mae and Freddie Mac lenders use VantageScore 4.0, removing the prior written-approval requirement.
  • On September 10, 2026, FHA set January 1, 2027 as the implementation date for adding VantageScore 4.0 and FICO Score 10T alongside Classic FICO for FHA-insured mortgage underwriting.
  • FICO highlighted on September 11, 2026 that FICO Score 10T will be available for FHA mortgage underwriting on January 1, 2027, but that does not fully remove investor worries about a more competitive mortgage-scoring market.
  • There does not appear to be a major new filing or earnings release tied specifically to today’s move, suggesting the decline may reflect continued repricing after the recent regulatory changes.

    • Sources:

    FHFA, HUD, FICO

    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 Insider Trades

    $FICO insiders have traded $FICO stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

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

    • EVA MANOLIS sold 967 shares for an estimated $1,353,800

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $FICO Hedge Fund Activity

    We have seen 373 institutional investors add shares of $FICO stock to their portfolio, and 652 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • CAPITAL INTERNATIONAL INVESTORS added 538,565 shares (+75.9%) to their portfolio in Q2 2026, for an estimated $643,466,690
    • D. E. SHAW & CO., INC. removed 387,386 shares (-97.3%) from their portfolio in Q2 2026, for an estimated $462,841,045
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 199,045 shares (+inf%) to their portfolio in Q2 2026, for an estimated $237,814,985
    • EDGEWOOD MANAGEMENT LLC removed 194,697 shares (-36.2%) from their portfolio in Q2 2026, for an estimated $232,620,081
    • CAPITAL RESEARCH GLOBAL INVESTORS added 177,436 shares (+15.9%) to their portfolio in Q2 2026, for an estimated $211,996,984
    • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 156,413 shares (+88.9%) to their portfolio in Q2 2026, for an estimated $186,879,124
    • LINONIA PARTNERSHIP LP removed 122,956 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $131,260,448

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $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 Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

    $FICO Congressional Stock Trading

    Members of Congress have traded $FICO stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 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. sold up to $15,000 on 04/14.
    • SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $FICO Price Targets

    Multiple analysts have issued price targets for $FICO recently. We have seen 9 analysts offer price targets for $FICO in the last 6 months, with a median target of $1416.0.

    Here are some recent targets:

    • Kevin Mcveigh from UBS set a target price of $1270.0 on 07/02/2026
    • Kyle Peterson from Needham set a target price of $1650.0 on 06/09/2026
    • Curtis Nagle from B of A Securities set a target price of $1400.0 on 05/19/2026
    • Surinder Thind from Jefferies set a target price of $1700.0 on 05/04/2026
    • Jason Haas from Wells Fargo set a target price of $1400.0 on 04/30/2026
    • Alexander Hess from JP Morgan set a target price of $1225.0 on 04/30/2026
    • Sean Kennedy from Mizuho set a target price of $1416.0 on 04/16/2026

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