Fidelity National Information Services (NYSE:FIS) Stock Rating Lowered by Royal Bank Of Canada

Fidelity National Information Services (NYSE:FIS) was downgraded by investment analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a report released on Thursday, Marketbeat Ratings reports. They presently have a $37.00 price target on the information technology services provider’s stock, down from their previous price target of $53.00. Royal Bank Of Canada‘s target price would suggest a potential upside of 29.08% from the company’s current price.

Other analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods lowered their target price on shares of Fidelity National Information Services from $60.00 to $56.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Stephens assumed coverage on shares of Fidelity National Information Services in a research note on Tuesday, August 11th. They issued an “equal weight” rating and a $50.00 price objective for the company. The Goldman Sachs Group dropped their target price on Fidelity National Information Services from $52.00 to $44.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft cut their price target on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, September 29th. Finally, Wolfe Research lifted their price target on Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research report on Tuesday, August 25th. Six research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services currently has an average rating of “Hold” and a consensus price target of $42.20.

Fidelity National Information Services Trading Down 2.5%

Shares of FIS stock traded down $0.72 on Thursday, hitting $28.66. The company had a trading volume of 11,110,789 shares, compared to its average volume of 5,734,265. Fidelity National Information Services has a twelve month low of $28.39 and a twelve month high of $68.37. The stock’s 50-day moving average is $36.23 and its two-hundred day moving average is $43.15. The firm has a market cap of $14.82 billion, a P/E ratio of 4.28, a P/E/G ratio of 0.47 and a beta of 0.84. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.51 EPS. On average, equities research analysts anticipate that Fidelity National Information Services will post 5.89 earnings per share for the current fiscal year.

Insider Transactions at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein acquired 1,585 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was bought at an average price of $36.40 per share, with a total value of $57,694.00. Following the completion of the purchase, the director owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Fidelity National Information Services

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Fidelity National Information Services during the second quarter valued at approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Fidelity National Information Services in the second quarter worth $219,162,000. Bank of America Corp DE purchased a new position in Fidelity National Information Services in the second quarter worth $189,387,000. Legal & General Group Plc bought a new position in Fidelity National Information Services in the second quarter valued at $129,815,000. Finally, Deutsche Bank AG bought a new position in Fidelity National Information Services in the second quarter valued at $111,205,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

More Fidelity National Information Services News

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

• Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
• Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
• Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
• Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern

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.