Why Is FAIR ISAAC CORP (FICO) Stock Down Today?

Fair Isaac Corporation's stock fell 16.00% to $1153.29 in morning trading on July 30, 2026, following the release of its third-quarter fiscal 2026 earnings report. The company provided updated guidance and presented its results in a slide deck and earnings call transcript. The stock opened at $1225.00, a 10.8% gap down from the prior close, and continued to decline throughout the session.

What Happened

The stock's sharp decline came after Fair Isaac Corporation reported its Q3 2026 earnings call on July 29, 2026. The company raised its non-GAAP EPS guidance to $42.43 and projected $2.53 billion in fiscal 2026 revenue. The presentation highlighted $674 million in revenue for the quarter, $370 million in free cash flow, and a surge in platform annual recurring revenue. However, the stock reacted negatively, with the price dropping significantly in the first hours of trading.

The SEC 8-K filing on the same day provided further details on the company's results of operations and financial condition. The filing included financial statements and exhibits related to the earnings report. Meanwhile, StockTitan reported that FICO announced earnings of $10.45 per share for the quarter.

What The Data Shows

FICO opened with a -10.8% gap down and hit an intraday low of $1149.00 before stabilizing slightly near $1153.34. The stock traded at 0.7 times its 3-month average volume, with 0.2 million shares exchanged so far. The stock is currently trading within its 52-week range of $870.01 to $1998.01. With a market cap of $31.0 billion, FICO has a P/E ratio of 43.6, a revenue growth of 22.6% trailing twelve months, and a net margin of 33.7%. The stock's beta of 1.29 indicates it is more volatile than the broader market.

What To Watch

Investors should continue monitoring the stock's performance ahead of any additional developments from the company. The coverage breadth of five stories from three sources in the last 36 hours indicates ongoing interest in FICO's earnings and guidance.