Fair Isaac shares are trading lower after the company reported mixed Q3 financial results

Shares of software companies are trading higher after B of A Securities raised its price targets on several stocks. The analyst attributed the raise to a combination of strong earnings, accelerated growth across several names and a re-rating of valuations as concerns about AI-related disruption ease.

Shares of software companies are trading higher, possibly amid broader market strength as promising economic data and easing oil prices reduce rate-hike concerns. Reports suggesting Silver Lake is in talks to acquire Workday may be lifting related peers.

Prediction: This Artificial Intelligence (AI) Stock Is Going to Double by 2027

Upstart, an AI-powered loan assessment company, is predicted to double by end of 2026 despite being down 35% year-to-date. The company reported strong Q2 2026 results with 42% revenue growth and record loan approvals of 558,014 loans worth $4.2 billion. Trading at a P/S ratio of 2.6 versus its three-year average of 5.5, the stock appears undervalued. Management forecasts $1.4 billion in annual revenue for 2026, suggesting significant upside potential.

UBS Maintains Neutral on Fair Isaac, Lowers Price Target to $1130

UBS analyst Kevin Mcveigh maintains Fair Isaac (NYSE:FICO) with a Neutral and lowers the price target from $1200 to $1130.