Fidelity National Information Services (NYSE:FIS) Price Target Lowered to $53.00 at Royal Bank Of Canada

Fidelity National Information Services (NYSE:FIS) had its target price reduced by equities researchers at Royal Bank Of Canada from $57.00 to $53.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has an “outperform” rating on the information technology services provider’s stock. Royal Bank Of Canada’s target price points to a potential upside of 23.36% from the stock’s previous close.

Several other equities analysts also recently commented on FIS. Truist Financial dropped their price target on shares of Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 24th. TD Cowen decreased their price objective on Fidelity National Information Services from $78.00 to $62.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Cantor Fitzgerald reduced their target price on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Oppenheimer dropped their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $57.41.

Fidelity National Information Services Stock Down 2.9%

NYSE FIS traded down $1.30 on Wednesday, hitting $42.96. The stock had a trading volume of 3,020,977 shares, compared to its average volume of 6,058,544. Fidelity National Information Services has a 52-week low of $37.42 and a 52-week high of $72.91. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.59 and a quick ratio of 0.59. The stock has a market cap of $22.21 billion, a price-to-earnings ratio of 8.31, a price-to-earnings-growth ratio of 0.44 and a beta of 0.77. The business’s fifty day moving average price is $41.12 and its 200 day moving average price is $46.30.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s revenue was up 29.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Equities research analysts anticipate that Fidelity National Information Services will post 6.27 earnings per share for the current year.

Hedge Funds Weigh In On Fidelity National Information Services

A number of hedge funds have recently bought and sold shares of FIS. Salomon & Ludwin LLC raised its holdings in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 362 shares during the last quarter. Reflection Asset Management bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $34,000. Kemnay Advisory Services Inc. bought a new position in Fidelity National Information Services during the 4th quarter worth $42,000. Finally, MBM Wealth Consultants LLC bought a new stake in Fidelity National Information Services in the first quarter valued at $33,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Fidelity National Information Services News Roundup

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

• Positive Sentiment: FIS reported second-quarter adjusted earnings of $1.48 per share, slightly above the $1.47 consensus estimate. Revenue reached $3.38 billion, in line with expectations and up 29.1% year over year, while management highlighted improving margins, stronger cash generation and continued demand for banking modernization and AI services. FIS Reports Second Quarter 2026 Results
• Positive Sentiment: Banking Solutions was identified as a key growth contributor, supporting the company’s push into payments, issuing and broader financial-institution technology services. FIS Deepens Its Banking Push With Payments and Issuing
• Neutral Sentiment: Unusually high options activity was recorded, with investors purchasing 4,004 call options—more than double typical daily call volume. This may indicate speculative bullish interest but does not necessarily reflect a change in the company’s fundamentals.
• Negative Sentiment: FIS lowered third-quarter 2026 guidance to $1.58–$1.62 in EPS and approximately $3.4 billion in revenue, below analyst expectations of $1.65 EPS and $3.5 billion revenue.
• Negative Sentiment: Full-year 2026 guidance was also reduced to $6.15–$6.24 EPS and $13.6–$13.7 billion in revenue, compared with consensus estimates of $6.28 EPS and $13.8 billion revenue. The outlook reduction has outweighed the second-quarter earnings beat and contributed to the stock’s decline.
• Negative Sentiment: UBS reaffirmed its “neutral” rating but cut its price target from $63 to $49, while Barclays lowered its target from $44 to $43 and maintained an “equal weight” rating. The revisions reinforce investor concerns about near-term growth and earnings momentum.

About Fidelity National Information Services

Fidelity National Information Services (NYSE: FIS) is a global provider of financial technology solutions and services for banks, capital markets firms, merchants and corporations. The company develops and delivers software, processing, and outsourcing services that support core banking, payments and merchant acquiring, wealth and retirement platforms, risk and compliance, and trading and capital markets operations. Its offerings include cloud-based and on-premises core banking systems, card processing and gateway services, e-commerce and point-of-sale payment solutions, and a range of back-office and advisory services designed to automate and modernize financial operations.

FIS serves a broad international client base across North America, Europe, Latin America, and the Asia-Pacific region through a combination of direct clients and partner channels.