Jefferies slashes Fair Issac’s price target as VantageScore threat grows

** Jefferies cuts PT on credit-scoring giant Fair Isaac FICO.N to $925 from $1,675, which is still a 30% upside to the stock's last close

** Brokerage slashes its fiscal 2027 revenue estimate by 23% to $2.25 bln and adjusted EPS forecast by 38% to $32.33, reflecting expected market-share losses in mortgage credit scores

** Jefferies estimates FICO could face a $635 mln mortgage-revenue hit from market-share losses in calendar year 2027 as rival VantageScore gains traction

** Last month, co said it would cut about 15% of its workforce as it reduces management layers, simplifies operations and integrates AI-driven product development

** 13 of 23 analysts rate stock "strong buy" or "buy", eight "hold" and two "sell"; their median PT is $933.5, according to data compiled by LSEG

** Including session's move, stock down 57% YTD