Fair Isaac Corporation (FICO) Announces $1.5 Billion Share Buyback Program, Buy Rating Reiterated

Fair Isaac Corporation (NYSE:FICO) ranks among the 12 Best Performing S&P 500 Stocks in the Last 10 Years.

Fair Isaac Corporation (NYSE:FICO) ranks among the best performing S&P 500 stocks in the last 10 years. Following the company's announcement of a new $1.5 billion share repurchase authorization, Needham reiterated its Buy rating and $1,975 price target for Fair Isaac Corporation (NYSE:FICO) on February 26. This new buyback initiative follows the conclusion of Fair Isaac's previous $1 billion repurchase program, which was in effect from June 2025.

So far this quarter, Fair Isaac Corporation (NYSE:FICO) has repurchased around $181 million in stock, an increased quantity compared to previous quarterly buybacks.

Needham sees the accelerated repurchases as a solid indicator of Fair Isaac's future free cash flow potential. According to the firm, the recent repurchases might add around $0.20 to annualized earnings per share, subject to execution details disclosed in the next earnings report.

Fair Isaac Corporation (NYSE:FICO) develops software with analytics and digital decisioning technologies that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

While we acknowledge the potential of FICO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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