Added to YB: 2026-09-14
Pitch date: 2026-09-10
FICO [neutral]
Fair Isaac Corporation
Author Info
No bio for this author
Company Info
Fair Isaac Corporation provides analytics software in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$21.2B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
20.84
P/E
28.52
EV/Sales
11.11
Sector
Software
Category
special_situation
FOLLOWING THE MONEY ($FICO)
FICO (monitor): Fair Isaac’s 91%-margin Scores moat faces an empirical test after Fannie and Freddie approved VantageScore for the same mortgage-securitization pipeline. Mortgage originations represent an annualized ~$1.13B of revenue; a simple 30% displacement scenario implies roughly 8% of company revenue and potentially 20% of operating profit. VantageScore claims sole use on more than 9% of Fannie- and Freddie-securitized mortgages since May 1 as of August 31, warranting evidence on adoption and pricing before paying a monopoly multiple again.
Read full article (6 min)