On September 4, Fair Isaac fell 5.51% in pre-market trading, trading at $1,060.00 per share with turnover of $909,500, extending its recent downtrend.

The decline follows persistent selling pressure triggered by the company's fiscal Q3 results and below-consensus guidance. While adjusted EPS of $12.18 beat the $11.73 estimate by 3.75%, revenue of $674.2 million fell short of the $678.9 million consensus. More critically, full-year revenue guidance of $2.53 billion came in below the Street estimate of $2.56 billion, prompting a wave of target price cuts. Since late July, multiple banks have lowered targets: RBC cut to $1,525 from $2,400, Barclays to $1,700 from $1,950, BMO Capital to $1,550 from $1,700, UBS to $1,130 from $1,200, Rothschild & Co Redburn to $1,224 from $1,293, and HSBC to $696 from $707. The concentrated downgrades have intensified selling pressure on the stock.

Fair Isaac Corporation is a global leader in analytics software, with its FICO score widely used by banks, credit card issuers, and insurers across more than 80 countries for credit and risk decisioning.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)