Barclays lowered its price target for Fair Isaac Corporation from $1,950 to $1,700. The firm maintains an Overweight rating on the stock.
Analyst Manav Patnaik expects mortgage pricing to drive a significant portion of revenue through 2027 before growth moderates. Survey data indicates rising concerns regarding potential market share losses of 20% or more.
The rollout of the new Direct Licensing Program is not expected to significantly alter market perspectives. Barclays projects sustainable EPS growth will decline to approximately 15%, down from the current rate of 30%.