Fair Isaac stock falls as Wells Fargo cuts its price target

Fair Isaac Corp. (ISIN US3032501047) closed at USD 924.52 on the Nasdaq on September 21, 2026, down 2.65 percent from the prior close. The immediate catalyst was a Wells Fargo price-target cut to USD 1,350 from USD 1,450 while the bank maintained its Overweight rating, according to TradingView on September 22, 2026.

Target cut follows sharp pullback

The revised target remains USD 425.48 above the September 21 closing price, but it is USD 100 below Wells Fargo's previous target. That gap leaves the analyst view constructive while acknowledging the stock's valuation and the scale of its recent retreat.

Intraday data on September 22, 2026, showed Fair Isaac at USD 928.22, down 2.26 percent, with a 52-week range of USD 870.01 to USD 1,998.01. The same market snapshot showed a market capitalization of USD 20.05 billion and volume of 200,375 shares.

Latest quarter beat expectations

Fair Isaac reported diluted EPS of USD 12.18 for the quarter reported on July 29, 2026, exceeding the consensus estimate of USD 11.76 by USD 0.42, according to MarketBeat. Revenue for that quarter increased 25.7 percent from the comparable prior-year quarter, making operating growth the main counterweight to the lower market valuation.

The company calendar cited by MarketBeat lists July 29, 2026, as the latest reported earnings date and November 4, 2026, as the estimated next earnings date. The November date is an estimate rather than a confirmed company schedule, so the next report remains the next important numerical checkpoint for the valuation debate.

Stock remains far below yearly high

At USD 928.22 on September 22, 2026, the shares stood USD 69.79 above the 52-week low and USD 1,069.79 below the 52-week high. The distance between those levels shows why the market reaction to analyst revisions matters: even after the decline, the stock trades above its yearly floor while remaining less than half its yearly peak.

For investors, the central calculation is the contrast between reported earnings growth and the lower price target. Wells Fargo kept an Overweight rating, while its target reduction from USD 1,450 to USD 1,350 represents a 6.9 percent cut. Fair Isaac's next reported figures will determine whether the 25.7 percent revenue increase and USD 12.18 quarterly EPS continue to support the longer-term valuation.

Fair Isaac stock closes near USD 928

Fair Isaac stock was quoted at USD 928.22 on the Nasdaq as of September 22, 2026, down 2.26 percent on the session. The September 21 closing price of USD 924.52 remains the completed-session reference for the prior trading day.

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