Fair Isaac Corporation (NYSE: FICO) in between 12 Best-Performing S&P 500 Stocks in the Last 10 Years.
Fair Isaac Corporation (NYSE: FICO ) has been one of the best-performing S&P 500 stocks over the past 10 years. Needham reiterated a Buy rating and a $1,975 price target on Fair Isaac Corporation (NYSE:FICO) on February 26, following the company’s new $1.5 billion share repurchase authorization. This new buyback initiative follows Fair Isaac’s earlier $1 billion buyback that was effective June 5, 2020.
So far this quarter, Fair Isaac Corp. (NYSE: FICO ) has bought back about $181 million in stock, more than it bought in the previous quarter.
Needham sees the accelerated repurchase as a strong indicator of Fair Isaac’s future free cash flow potential. According to the company, the latest repurchase may add about $0.20 to annual earnings per share, subject to executive details disclosed in an upcoming earnings report.
Fair Isaac Corporation (NYSE: FICO) develops software with analytics and digital decision-making technologies that enable businesses to automate, improve and connect decisions in the Americas, Europe, Middle East, Africa and Asia Pacific.
While we accept FICO’s potential as an investment, we believe some AI stocks offer higher potential and lower risk. If you’re looking for the most undervalued AI stocks that stand to benefit significantly from Trump-era tariffs and the offshore trend, check out our free report Best short-term AI stocks.
Read more: 10 Best Magic Formula Stocks for 2025 and The 10 Best Retirement Stocks to Buy According to Hedge Funds.
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