In its first-quarter 2026 investor letter, Jensen Quality Mid Cap Fund highlighted stocks like Fair Isaac Corporation (NYSE:FICO).
Fair Isaac Corporation (NYSE:FICO) is a technology company that develops analytic, software, and digital decision-making technologies and services
The one-month return of Fair Isaac Corporation (NYSE:FICO) was 8.41%, and its shares lost 48.88% of their value over the last 52 weeks. On May 11, 2026, Fair Isaac Corporation (NYSE:FICO) stock closed at $1,092.00 per share, with a market capitalization of $25.32 billion. Jensen Quality Mid Cap Fund stated the following regarding Fair Isaac Corporation (NYSE:FICO) in its Q1 2026 investor letter: “Other notable detractors from quarterly performance included Fair Isaac Corporation (NYSE:FICO) and Equifax, Inc. (EFX).
Fair Isaac Corporation is the owner and licensor of the ubiquitous FICO credit score used in lending decisions, and Equifax is a provider of credit, income, and employment data to lenders, social services agencies, and hiring personnel. We believe both stocks underperformed primarily due to investor concerns about potential AI disruption. FICO’s stock was also likely impacted by the Federal Housing Finance Agency’s recent decision to allow VantageScore, a competing credit score, to be used in underwriting mortgages sold to Fannie Mae and Freddie Mac.