Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price target lowered by investment analysts at UBS Group from $49.00 to $32.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. UBS Group‘s price objective indicates a potential upside of 8.85% from the stock’s current price.
Other equities analysts have also recently issued reports about the company. Barclays reduced their target price on Fidelity National Information Services from $38.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday. Weiss Ratings downgraded Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 10th. Piper Sandler dropped their price target on Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating for the company in a research note on Thursday. TD Cowen cut their price target on shares of Fidelity National Information Services from $47.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Royal Bank Of Canada downgraded shares of Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and reduced their price objective for the company from $53.00 to $37.00 in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $42.20.
Read Our Latest Report on Fidelity National Information Services
Fidelity National Information Services Stock Performance
Fidelity National Information Services stock opened at $29.40 on Thursday. The company has a current ratio of 0.55, a quick ratio of 0.53 and a debt-to-equity ratio of 0.93. The firm has a market cap of $15.20 billion, a P/E ratio of 4.39, a P/E/G ratio of 0.36 and a beta of 0.84. Fidelity National Information Services has a 1-year low of $28.86 and a 1-year high of $68.37. The firm has a 50-day moving average of $36.47 and a 200-day moving average of $43.31.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.01. The company had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.43 billion. Fidelity National Information Services had a return on equity of 20.42% and a net margin of 26.77%. Fidelity National Information Services’s revenue was up 27.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.51 EPS. Sell-side analysts expect that Fidelity National Information Services will post 5.96 EPS for the current year.
Insider Buying and Selling at Fidelity National Information Services
In other news, Director Jeffrey Goldstein bought 1,585 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was purchased at an average price of $36.40 per share, with a total value of $57,694.00. Following the transaction, the director owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.
Institutional Trading of Fidelity National Information Services
Hedge funds have recently modified their holdings of the business. Azzad Asset Management Inc. ADV increased its stake in shares of Fidelity National Information Services by 2.0% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock worth $591,000 after acquiring an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC increased its stake in shares of Fidelity National Information Services by 4.8% during the second quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 290 shares in the last quarter. Signaturefd LLC increased its stake in shares of Fidelity National Information Services by 4.7% during the third quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock valued at $224,000 after purchasing an additional 303 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Fidelity National Information Services by 0.3% during the first quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock valued at $5,399,000 after purchasing an additional 328 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of 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 worth $256,000 after purchasing an additional 349 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.
Key Headlines 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 analysts’ $1.60 estimate, while revenue of $3.45 billion slightly exceeded expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
- Neutral Sentiment: Analysts sharply lowered price targets, though views remain mixed: some maintained Buy or Outperform ratings, while others downgraded FIS to Neutral or Market Perform. TD Cowen rating
- Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the $6.20 analyst consensus, and reduced its Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%. The company cited customer project and conversion delays; expectations for a soft fourth quarter add to concerns. FIS Cuts Banking Growth Outlook Amid Project Delays
- Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. FIS is also halting buybacks and some M&A as it prioritizes debt reduction following its acquisition. The leadership change and reduced capital returns contributed to investor concern. FIS CFO transition announcement
- Negative Sentiment: Several brokerages downgraded FIS or cut targets after the revised outlook, and reports said the shares reached their lowest level in 14 years. Separate shareholder investigations have also been announced, though these notices do not establish wrongdoing. FIS shares drop to lowest level in 14 years
Fidelity National Information Services Company Profile
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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