Fidelity National Information Services (NYSE:FIS) Stock Rating Lowered by Wolfe Research

Fidelity National Information Services (NYSE:FIS) was downgraded by stock analysts at Wolfe Research from a “strong-buy” rating to a “hold” rating in a report released on Thursday, Zacks reports.

FIS has been the subject of a number of other reports. Raymond James Financial reissued an “outperform” rating and set a $35.00 price target on shares of Fidelity National Information Services in a research report on Wednesday. Weiss Ratings cut shares of Fidelity National Information Services from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, September 10th. Cantor Fitzgerald decreased their target price on shares of Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, October 16th. Truist Financial lowered their target price on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating for the company in a report on Friday, October 23rd. Finally, Piper Sandler dropped their price target on Fidelity National Information Services from $42.00 to $31.00 and set a “neutral” rating on the stock in a research report on Thursday. Six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Fidelity National Information Services presently has an average rating of “Hold” and an average target price of $42.20.

Fidelity National Information Services Stock Down 2.5%

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

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, beating the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The business had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. During the same quarter last year, the firm posted $1.51 earnings per share. The company’s revenue for the quarter was up 27.1% on a year-over-year basis. As a group, analysts expect that Fidelity National Information Services will post 5.89 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Jeffrey Goldstein bought 1,585 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the acquisition, 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 Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.28% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Several institutional investors have recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Fidelity National Information Services in the second quarter worth $219,162,000. Bank of America Corp DE bought a new position in shares of Fidelity National Information Services during the second quarter valued at $189,387,000. Legal & General Group Plc bought a new position in shares of Fidelity National Information Services during the second quarter valued at $129,815,000. Finally, Perpetual Ltd boosted its position in shares of Fidelity National Information Services by 32.9% during the third quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider’s stock valued at $107,324,000 after buying an additional 807,482 shares during the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Key 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

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.