Fair Isaac shares fall after Steve Eisman reveals short position
Updated
Updated · CNBC · Apr 30
Fair Isaac shares fall after Steve Eisman reveals short position
1 articles · Updated · CNBC · Apr 30
The stock dropped 7.3% on Thursday, a steeper decline than earlier reported, and is now down 43% in 2026.
Eisman said FICO's roughly 500% price increases angered lenders and created an opening for rival VantageScore, especially in mortgage underwriting.
Despite betting against FICO, he said he remains broadly comfortable with the market, favouring technology and some financials amid resilient credit conditions and AI-driven spending.
Eisman shorts FICO while Wall Street analysts say 'Strong Buy.' Who is right in this battle over America's credit system?
Is Steve Eisman's attack on FICO the first shot in a revolution against long-standing data monopolies?
With FICO's monopoly crumbling, will the new credit score war finally make home loans more affordable for millions?