Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price objective decreased by equities researchers at Barclays from $38.00 to $30.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has an “equal weight” rating on the information technology services provider’s stock. Barclays‘s price target would indicate a potential upside of 2.56% from the stock’s previous close.
Several other brokerages have also issued reports on FIS. Truist Financial dropped their target price on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating on the stock in a research report on Friday, October 23rd. JPMorgan Chase & Co. downgraded shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price target for the company. in a research report on Wednesday. The Goldman Sachs Group decreased their price target on shares of Fidelity National Information Services from $44.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday. National Bank Financial set a $46.00 price objective on Fidelity National Information Services in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating for the company in a research note on Tuesday, September 29th. Nine equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $43.60.
Check Out Our Latest Report on Fidelity National Information Services
Fidelity National Information Services Stock Performance
FIS traded down $0.51 during midday 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 quick ratio of 0.53 and a current ratio of 0.53. The stock has a market cap of $15.12 billion, a PE ratio of 4.51, a P/E/G ratio of 0.46 and a beta of 0.84. Fidelity National Information Services has a 12-month low of $28.87 and a 12-month high of $68.37. The business has a 50-day moving average price of $36.70 and a two-hundred day moving average price of $43.48.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the business posted $1.51 EPS. Fidelity National Information Services’s quarterly revenue was up 27.1% compared to the same quarter last year. On average, sell-side analysts expect that Fidelity National Information Services will post 6.20 earnings per share for the current fiscal year.
Insider Buying and Selling at Fidelity National Information Services
In other news, Director Jeffrey Goldstein acquired 1,585 shares of Fidelity National Information Services stock in a transaction that occurred on Thursday, October 15th. The stock was purchased at an average price of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the transaction, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. This trade represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter valued at $1,730,200,000. South Dakota Investment Council lifted its stake in shares of Fidelity National Information Services by 46.2% during the first quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock valued at $10,696,000 after acquiring an additional 72,040 shares during the period. Bank of Nova Scotia acquired a new position in shares of Fidelity National Information Services during the second quarter valued at $2,448,000. Nykredit A S bought a new position in Fidelity National Information Services in the second quarter valued at about $5,143,000. Finally, OMERS ADMINISTRATION Corp bought a new position in Fidelity National Information Services in the second quarter valued at about $10,891,000. Institutional investors and hedge funds 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 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
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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