Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price objective lowered by analysts at Susquehanna from $37.00 to $32.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the information technology services provider’s stock. Susquehanna‘s target price suggests a potential upside of 7.13% from the stock’s previous close.
FIS has been the subject of several other research reports. Raymond James Financial reissued an “outperform” rating and issued a $35.00 price target on shares of Fidelity National Information Services in a research note on Wednesday. Robert W. Baird cut their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research note on Friday, September 25th. Truist Financial cut their price objective on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a research note on Friday, October 23rd. Bank of America downgraded shares of Fidelity National Information Services from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $42.00 to $33.00 in a report on Thursday. Finally, William Blair lowered shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $45.24.
Get Our Latest Stock Analysis on FIS
Fidelity National Information Services Stock Performance
Shares of FIS stock opened at $29.87 on Thursday. Fidelity National Information Services has a 12-month low of $29.15 and a 12-month high of $68.37. The firm has a market capitalization of $15.44 billion, a price-to-earnings ratio of 4.59, a price-to-earnings-growth ratio of 0.46 and a beta of 0.84. The business has a 50 day simple moving average of $36.70 and a 200 day simple moving average of $43.48. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last posted its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.60 by $0.01. The firm had revenue of $3.45 billion for the quarter, compared to analysts’ expectations of $3.43 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The firm’s revenue was up 27.1% compared to the same quarter last year. During the same period last year, the firm earned $1.51 EPS. On average, equities research analysts anticipate that Fidelity National Information Services will post 6.20 EPS for the current year.
Insider Transactions at Fidelity National Information Services
In other news, Director Jeffrey Goldstein purchased 1,585 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director owned 18,697 shares in the company, valued at $680,570.80. This trade represents a 9.26% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.
Institutional Trading of Fidelity National Information Services
A number of hedge funds and other institutional investors have recently modified their holdings of FIS. Azzad Asset Management Inc. ADV boosted its stake in Fidelity National Information Services by 2.0% during the first quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock valued at $591,000 after buying an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in Fidelity National Information Services by 4.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock worth $246,000 after acquiring an additional 290 shares in the last quarter. Signaturefd LLC raised its position in Fidelity National Information Services by 4.7% in the third quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock worth $224,000 after acquiring an additional 303 shares in the last quarter. Bleakley Financial Group LLC raised its position in Fidelity National Information Services by 0.3% in the first quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock worth $5,399,000 after acquiring an additional 328 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Fidelity National Information Services by 4.7% in the 3rd quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after acquiring an additional 349 shares during the last quarter. Institutional investors own 96.23% of the company’s stock.
Key Fidelity National Information Services News
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: FIS reported third-quarter adjusted EPS of $1.61 versus the $1.60 consensus estimate, while revenue of $3.45 billion topped expectations of $3.43 billion and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
- Neutral Sentiment: FIS says client demand remains strong and is continuing to invest in security and innovation, though the near-term impact of these investments and delayed projects remains a concern. FIS Cuts Banking Growth Outlook Amid Project Delays
- Negative Sentiment: The company cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the FactSet estimate of $6.20. It also reduced its 2026 Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank-consolidation timing. FIS 2026 Adjusted EPS Outlook
- Negative Sentiment: CFO James Kehoe will step down effective November 5, with CFO duties passing to interim appointee Alexandra Brooks. The timing adds uncertainty as investors assess the lowered outlook. FIS Announces CFO Transition
- Negative Sentiment: FIS is halting buybacks and some M&A to focus on reducing debt, limiting near-term capital returns. JPMorgan, Oppenheimer and William Blair also cut their ratings, reflecting reduced confidence after the guidance reset. FIS Halts Buybacks and Some M&A
About Fidelity National Information Services
Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.
FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.
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