Fidelity National Information Services (NYSE:FIS) Price Target Cut to $37.00 by Analysts at BNP Paribas Exane

Fidelity National Information Services (NYSE:FIS) had its target price dropped by stock analysts at BNP Paribas Exane from $40.00 to $37.00 in a research note issued to investors on Thursday,Fidelity reports. The brokerage currently has an “underperform” rating on the information technology services provider’s stock. BNP Paribas Exane’s price objective points to a potential downside of 12.84% from the company’s current price.

A number of other research analysts also recently issued reports on FIS. The Goldman Sachs Group reduced their price objective on Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research note on Monday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Fidelity National Information Services from $55.00 to $50.00 in a research note on Monday. Susquehanna dropped their price objective on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. decreased their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Finally, Raymond James Financial decreased their price objective on Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. Thirteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $61.57.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $42.45 on Thursday. 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 firm has a 50-day moving average of $47.47 and a 200-day moving average of $56.34. Fidelity National Information Services has a one year low of $41.63 and a one year high of $82.74. The company has a market cap of $21.94 billion, a P/E ratio of 8.21, a P/E/G ratio of 0.42 and a beta of 0.82.

Fidelity National Information Services (NYSE:FIS) last posted its earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping the consensus estimate of $1.28 by $0.08. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the firm earned $1.21 EPS. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Equities research analysts forecast that Fidelity National Information Services will post 6.28 EPS for the current fiscal year.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was bought at an average price of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the acquisition, the chief executive officer owned 281,458 shares of the company’s stock, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Salomon & Ludwin LLC increased its holdings in shares of Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after buying an additional 194 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Fidelity National Information Services during the 3rd quarter worth $29,000. LRI Investments LLC grew its position in Fidelity National Information Services by 613.1% in the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after acquiring an additional 374 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in Fidelity National Information Services in the third quarter worth $29,000. Finally, GoalVest Advisory LLC bought a new position in Fidelity National Information Services in the fourth quarter valued at $33,000. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

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.