Barclays Issues Pessimistic Forecast for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its price objective reduced by investment analysts at Barclays from $38.00 to $30.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has an “equal weight” rating on the information technology services provider’s stock. Barclays‘s price objective would suggest a potential upside of 2.56% from the company’s previous close.

FIS has been the topic of a number of other research reports. Keefe, Bruyette & Woods cut their price target on shares of Fidelity National Information Services from $50.00 to $42.00 and set an “outperform” rating on the stock in a report on Thursday. Oppenheimer cut shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Raymond James Financial restated an “outperform” rating and issued a $35.00 price objective on shares of Fidelity National Information Services in a report on Wednesday. Citigroup lowered their target price on Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating for the company in a research report on Friday, October 16th. Finally, The Goldman Sachs Group cut their target price on Fidelity National Information Services from $44.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday. Nine investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Hold” and an average target price of $43.60.

Fidelity National Information Services Stock Down 1.7%

FIS stock traded down $0.51 during mid-day trading on Thursday, reaching $29.25. The company had a trading volume of 9,940,185 shares, compared to its average volume of 6,217,562. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The stock has a 50 day simple moving average of $36.70 and a two-hundred day simple moving average of $43.48. The company has a market capitalization of $15.12 billion, a price-to-earnings ratio of 4.51, a PEG ratio of 0.46 and a beta of 0.84. Fidelity National Information Services has a 52 week low of $28.87 and a 52 week high of $68.37.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period last year, the firm earned $1.51 earnings per share. Fidelity National Information Services’s revenue for the quarter was up 27.1% compared to the same quarter last year. As a group, equities analysts predict that Fidelity National Information Services will post 6.20 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jeffrey Goldstein acquired 1,585 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was bought at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the acquisition, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AlphaCore Capital LLC raised its holdings in Fidelity National Information Services by 127.5% during the third quarter. AlphaCore Capital LLC now owns 12,959 shares of the information technology services provider’s stock valued at $426,000 after acquiring an additional 7,262 shares during the period. Leuthold Group LLC bought a new position in shares of Fidelity National Information Services in the third quarter worth about $373,000. Fulcrum Asset Management LLP boosted its stake in shares of Fidelity National Information Services by 34,707.0% in the third quarter. Fulcrum Asset Management LLP now owns 89,106 shares of the information technology services provider’s stock worth $2,972,000 after acquiring an additional 88,850 shares during the period. Allspring Global Investments Holdings LLC grew its position in shares of Fidelity National Information Services by 20.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 28,480 shares of the information technology services provider’s stock worth $943,000 after purchasing an additional 4,803 shares in the last quarter. Finally, M Holdings Securities Inc. purchased a new stake in shares of Fidelity National Information Services during the third quarter worth about $166,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Fidelity National Information Services

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: Third-quarter adjusted earnings were $1.61 per share versus the $1.60 consensus estimate, while revenue of $3.45 billion topped the $3.43 billion estimate and increased 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Goldman Sachs retained its Buy rating, though it lowered its price target to $35 from $44. Keefe, Bruyette & Woods also kept an Outperform rating while reducing its target to $42 from $50. Goldman Sachs recommendations
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the cited $6.20 analyst estimate, and lowered its Banking Solutions revenue growth forecast to 3.5%–4% from 5%–5.5%. Delayed customer conversions, bank consolidation and higher technology spending are weighing on the outlook. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty as the company works through its revised outlook. FIS announces CFO transition
• Negative Sentiment: FIS is pausing share buybacks and some M&A to prioritize debt reduction, limiting near-term capital returns. Several firms also lowered targets or ratings: Bank of America, JPMorgan and RBC downgraded the stock, while Piper Sandler and Susquehanna cut targets and assigned Neutral ratings. 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.