Analyst Consensus ?
ConsensusBuy20 ratings
Bullish1680.0%
Neutral420.0%
Bearish00.0%
Fair Isaac Corporation · FICO · FY2026 Q3 · Calendar Q3 2026
FICO raises guidance as platform adoption and scores growth accelerate
FICO's current evidence supports a constructive growth thesis: Scores momentum, expanding platform adoption, and raised guidance point to continued earnings support. The thesis remains dependent on mortgage conditions, execution of the Direct License Program, and successful migration from legacy products.
Reported After market closeNYSETechnology
$19.75B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$12.18
Consensus $11.76
EPS surprise
+3.6%
Reported versus consensus
Reported revenue
$674.2M
Consensus $679.2M
Revenue surprise
-0.7%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-17.0%
Event window
SPY move
+1.7%
Same window
Abnormal move
-18.7%
Stock minus SPY
Volume
4.1×
Versus trailing sessions
Subsequent drift
+1.5%
Up to 20 sessions
FICOSPY benchmark
Ask FN2 about FICO FY2026 Q3
Transcript, numbers and history already loaded
Why did FICO fall 17.0% after beating EPS estimates in FY2026 Q3?What changed in FICO's guidance and outlook in FY2026 Q3?Give me the bull and bear case for FICO after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, FICO reported another guidance raise, stronger platform positioning as platform ARR surpassed non-platform ARR, and continued Score 10T and UltraFICO adoption. Management also highlighted record Q3 repurchases and a deleveraging priority.
Guidance delta
Management raised full-year revenue and earnings guidance again, following a guidance raise in the prior quarter.
Key takeaways
- Q3 revenue grew 26% year over year, led by 41% growth in the Scores segment.
- Platform ARR exceeded non-platform ARR for the first time, with platform net retention at 148%.
- FICO Score 10T adoption reached 70 lenders covering about 55% of top-50 mortgage originators.
- UltraFICO and the FICO Platform remain central to expansion plans.
- Record Q3 share repurchases were accompanied by a plan to use excess cash to deleverage debt.
Management priorities
- Expand FICO Platform and AI decisioning capabilities.
- Broaden FICO Score 10T and UltraFICO adoption.
- Obtain GSE certification for the Mortgage Direct Licensing Program.
- Migrate legacy non-platform products and expand distribution partnerships.
- Manage debt while continuing capital returns.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$879.5Current
$614Low
$1,594.62Average
$2,515High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Sep 23, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Aug 12, 2026 |
| Barclays | Overweight | Overweight | Maintain | Aug 10, 2026 |
| Wolfe Research | Peer Perform | Outperform | Downgrade | Aug 3, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Jul 30, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Jul 30, 2026 |
| Needham | Buy | Buy | Maintain | Jul 30, 2026 |
| B of A Securities | Buy | Buy | Maintain | May 19, 2026 |
| Jefferies | Buy | Buy | Maintain | May 4, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Apr 30, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 2, 2026 |
| Baird | Outperform | Outperform | Maintain | Mar 24, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 6, 2025 |
| Raymond James | Outperform | Outperform | Maintain | Jul 31, 2025 |
| Oppenheimer | Outperform | Outperform | Maintain | Jul 31, 2025 |
| Deutsche Bank | Buy | Buy | Maintain | Apr 28, 2023 |
| Stephens & Co. | Overweight | Equal Weight | Upgrade | Mar 26, 2020 |
| Dougherty | Buy | Buy | Maintain | Jul 13, 2016 |
| Sidoti & Co. | Neutral | Buy | Downgrade | Mar 23, 2016 |
| William Blair | Outperform | Outperform | Maintain | Jan 26, 2016 |
| Feltl & Co. | Buy | Buy | Maintain | Nov 2, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $879.5. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Jason Haas | $1,350 | $924.52 | +53.5% | Sep 22, 2026 |
| UBS | Kevin McVeigh | $1,139 | $1,038.23 | +29.5% | Aug 12, 2026 |
| Barclays | Manav Patnaik | $1,700 | $1,041.4 | +93.3% | Aug 10, 2026 |
| Jefferies | Analyst unavailable | $1,675 | $1,122.97 | +90.4% | Aug 3, 2026 |
| RBC Capital | Ashish Sabadra | $1,525 | $1,149.47 | +73.4% | Jul 30, 2026 |
| Wells Fargo | Analyst unavailable | $1,450 | $1,373.08 | +64.9% | Jul 30, 2026 |
| UBS | Analyst unavailable | $1,270 | $1,240.17 | +44.4% | Jul 2, 2026 |
| UBS | Analyst unavailable | $1,250 | $1,181.62 | +42.1% | Jun 16, 2026 |
| Jefferies | Surinder Thind | $1,700 | $1,035.5 | +93.3% | May 4, 2026 |
| Wells Fargo | Analyst unavailable | $1,400 | $1,043.57 | +59.2% | Apr 30, 2026 |
| Needham | Analyst unavailable | $1,650 | $1,045.08 | +87.6% | Apr 29, 2026 |
| Raymond James | Analyst unavailable | $1,750 | $1,040.98 | +99.0% | Apr 29, 2026 |
| Robert W. Baird | Analyst unavailable | $1,549 | $1,010.16 | +76.1% | Apr 29, 2026 |
| UBS | Analyst unavailable | $1,150 | $944.99 | +30.8% | Apr 23, 2026 |
| Mizuho Securities | Sean Kennedy | $1,416 | $1,030.81 | +61.0% | Apr 16, 2026 |
| Barclays | Analyst unavailable | $1,950 | $932.42 | +121.7% | Apr 10, 2026 |
| UBS | Analyst unavailable | $1,350 | $1,165.23 | +53.5% | Mar 11, 2026 |
| Goldman Sachs | George Tong | $1,777 | $1,463.17 | +102.0% | Feb 2, 2026 |
| Jefferies | Analyst unavailable | $2,200 | $1,580.02 | +150.1% | Jan 16, 2026 |
| Wells Fargo | Jason Haas | $2,400 | $1,649.99 | +172.9% | Oct 14, 2025 |
| Seaport Global | Analyst unavailable | $2,250 | $1,674.28 | +155.8% | Oct 13, 2025 |
| Barclays | Analyst unavailable | $2,400 | $1,512.71 | +172.9% | Oct 2, 2025 |
| Seaport Global | Analyst unavailable | $1,800 | $1,494.3 | +104.7% | Oct 1, 2025 |
| Wells Fargo | Analyst unavailable | $2,300 | $1,496.53 | +161.5% | Oct 1, 2025 |
| Seaport Global | Analyst unavailable | $1,600 | $1,496.53 | +81.9% | Oct 1, 2025 |
| UBS | Kevin McVeigh | $1,640 | $1,544.05 | +86.5% | Sep 15, 2025 |
| Griffin | Ryan Griffin | $1,800 | $1,350 | +104.7% | Aug 18, 2025 |
| Needham | Kyle Peterson | $1,950 | $1,505.39 | +121.7% | Jul 16, 2025 |
| Griffin | Ryan Griffin | $2,000 | $1,591.73 | +127.4% | Jul 9, 2025 |
| Jefferies | Surinder Thind | $2,500 | $2,130 | +184.3% | May 14, 2025 |
| Barclays | Analyst unavailable | $2,250 | $1,673.98 | +155.8% | Apr 4, 2025 |
| Oppenheimer | Owen Lau | $2,515 | $2,343.44 | +186.0% | Dec 2, 2024 |
| Needham | Kyle Peterson | $2,500 | $2,019.56 | +184.3% | Nov 7, 2024 |
| Wells Fargo | Jason Haas | $2,200 | $1,943.52 | +150.1% | Oct 1, 2024 |
| Wells Fargo | Jason Haas | $2,100 | $1,720 | +138.8% | Aug 12, 2024 |
| Barclays | Manav Patnaik | $1,800 | $1,654.99 | +104.7% | Aug 7, 2024 |
| Jefferies | Robert Moskow | $1,450 | $1,150.66 | +64.9% | Apr 23, 2024 |
| Raymond James | Patrick O'Shaughnessy | $1,007 | $916.41 | +14.5% | Sep 6, 2023 |
| Needham | Kyle Peterson | $900 | $770.98 | +2.3% | Jun 8, 2023 |
| Goldman Sachs | Analyst unavailable | $614 | $581.78 | -30.2% | Nov 10, 2022 |
| Jefferies | Robert Moskow | $588 | $497.23 | -33.1% | Mar 5, 2022 |
Track every rating change on FICO the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationFair 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.…
Historical context
All FICO earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ADBE Adobe Inc. | FY2026 Q3 · Calendar Q3 2026 | +0.8% | +1.4% | Adobe raises FY26 outlook as AI strategy broadens |
| ORCL Oracle Corporation | FY2027 Q1 · Calendar Q3 2026 | +10.3% | -1.7% | Oracle raises FY27 outlook as AI demand accelerates cloud growth |
| SAIL SailPoint, Inc. | FY2027 Q2 · Calendar Q3 2026 | +13.8% | -1.2% | SailPoint pairs 25% ARR growth with accelerating AI-driven adoption |
| CIEN Ciena Corporation | FY2026 Q3 · Calendar Q3 2026 | +22.0% | -10.4% | Ciena raises outlook as AI networking demand lifts backlog |
| DOCU DocuSign, Inc. | FY2027 Q2 · Calendar Q3 2026 | +6.4% | +3.7% | DocuSign Q2 FY27: IAM momentum supports a raised outlook |
| IOT Samsara Inc. | FY2027 Q2 · Calendar Q3 2026 | +25.0% | +3.7% | Samsara: AI adoption expands as FY27 guidance holds |
Latest beats and misses
Who reports nextBeat on EPS
- AZOFY2026 Q4 · September 22, 2026+3.6% EPS+3.3% move
- FPSFY2026 Q4 · September 15, 2026+4.3% EPS+9.5% move
- TCOMFY2026 Q2 · September 15, 2026+22.3% EPS+3.0% move
- KRFY2026 Q2 · September 11, 2026+2.8% EPS+2.7% move
- ADBEFY2026 Q3 · September 10, 2026+0.8% EPS+1.4% move
- ORCLFY2027 Q1 · September 10, 2026+10.3% EPS-1.7% move
Get the FICO recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-07-30T17:06:44.612491+00:00
- FN2 earnings calendar · 2026-09-03T01:23:14.877038+00:00
- Polygon adjusted daily market bars · 2026-09-23T15:20:53.727884+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-09-23T15:20:53.725181+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-09-23. For educational purposes only; not investment advice.