Fair Isaac Corporation
FICO 5.5Price and target zones价格与目标区间
What the company does公司做什么
Fair Isaac Corporation provides analytics software in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software.
The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in July 1992.
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Fair Isaac Corporation provides analytics software in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Scores segment offers business-to-business scoring solutions and services that give clients access to predictive credit and other scores that can be integrated into their transaction streams and decision-making processes, as well as business-to-consumer scoring solutions comprising myFICO.com subscription offerings. Its Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, and marketing, as well as associated professional services. This segment also offers FICO Platform, a modular software offering designed to support advanced analytic and decision use cases, as well as stand-alone analytic and decisioning software that can be configured by customers to address a wide range of business use cases. In addition, the company offers analytic and decisioning software comprising FICO Decision Modeler, FICO Blaze Advisor, FICO Xpress Optimization, FICO Analytics Workbench, FICO Data Orchestrator, FICO DMP Streaming, FICO Business Outcome Simulator, and FICO Decision Optimizer; pre-configured solutions consisting of FICO Fraud Solutions, FICO Originations, FICO Customer Communication Service, FICO Strategy Director, and FICO TRIAD Customer Manager; and professional services software, including FICO Implementation Services and FICO Analytic Services. It markets its products and services primarily through its direct sales organization and indirect channels, as well as online. The company was formerly known as Fair Isaac & Company, Inc. and changed its name to Fair Isaac Corporation in July 1992. Fair Isaac Corporation was founded in 1956 and is headquartered in Bozeman, Montana.
Business segments业务板块 2
Software
- Pre-configured solutions consisting of FICO Fraud Solutions, FICO Originations, FICO Customer Communication Service, FICO Strategy Director, and FICO TRIAD Customer Manager
- Professional services software, including FICO Implementation Services and FICO Analytic Services
- It markets its products and services primarily through its direct sales organization and indirect channels, as well as online
Company facts公司资料
- Founded成立时间
- 1956
- Headquarters总部
- Bozeman, Montana
- Employees员工人数
- 3,876
- Industry行业
- Software - Application
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
⚪ ANALYZED 9/06 — WATCH. Credit-score toll-booth, but the Sep-4 FHFA VantageScore ruling opened the mortgage-score monopoly to competition. FV $640-970, entry $650-760 (spot above).
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Revenue growth营收增长
- +26%
Competitive advantages竞争优势 from the thesis and the reports来自投资逻辑和报告
- Credit-score toll-booth, but the Sep-4 FHFA VantageScore ruling opened the mortgage-score monopoly to competition.
- But FY2026 earnings are inflated by both a mortgage origination up-cycle and a monopoly price spike, both now at risk at once — so the ~$35 TTM EPS may be a peak, and "27x trailing" is cheaper than it looks only if that base holds.
- Moat — a two-tier moat where the more valuable tier just got breached The Scores moat is a regulatory + standard-setting intangible , historically the strongest kind: FICO was written into the GSE selling guides, so every conforming mortgage had to buy a FICO score.
- The non-mortgage Scores moat is intact — credit-card, auto, personal-loan, and prescreen uses run on FICO by decades of convention, lender model validation, and consumer familiarity (myFICO).
- A rival cannot rebuild FICO's brand, its validated model history, or its embedding in thousands of lender workflows.