Stephens Cuts Fidelity National Information Services (NYSE:FIS) Price Target to $65.00

Fidelity National Information Services (NYSE:FIS) had its price target cut by equities research analysts at Stephens from $85.00 to $65.00 in a research note issued to investors on Friday,Fidelity reports. The brokerage currently has an “overweight” rating on the information technology services provider’s stock. Stephens’ price target suggests a potential upside of 49.40% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. Keefe, Bruyette & Woods cut their target price on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating for the company in a research note on Tuesday, April 7th. The Goldman Sachs Group decreased their price target on shares of Fidelity National Information Services from $70.00 to $65.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Argus dropped their price objective on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Cantor Fitzgerald assumed coverage on shares of Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $70.00 price target on shares of Fidelity National Information Services in a research note on Thursday, January 15th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and an average price target of $65.10.

Fidelity National Information Services Price Performance

Shares of NYSE:FIS opened at $43.51 on Friday. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 59.60, a PEG ratio of 0.46 and a beta of 0.82. The business has a 50 day moving average price of $48.06 and a 200 day moving average price of $57.04. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services has a twelve month low of $43.28 and a twelve month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly 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. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the business posted $1.21 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. 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. Research analysts predict that Fidelity National Information Services will post 6.27 earnings per share for the current year.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The stock was bought at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the acquisition, the chief executive officer owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FIS. Dodge & Cox boosted its holdings in Fidelity National Information Services by 13.9% during the fourth quarter. Dodge & Cox now owns 49,113,297 shares of the information technology services provider’s stock valued at $3,264,070,000 after purchasing an additional 6,008,090 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Fidelity National Information Services by 0.6% in the 4th quarter. Capital Research Global Investors now owns 28,129,710 shares of the information technology services provider’s stock worth $1,869,507,000 after buying an additional 172,356 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Fidelity National Information Services by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,196,718 shares of the information technology services provider’s stock worth $744,134,000 after buying an additional 514,490 shares in the last quarter. Invesco Ltd. lifted its position in shares of Fidelity National Information Services by 5.6% during the 3rd quarter. Invesco Ltd. now owns 8,515,321 shares of the information technology services provider’s stock worth $561,500,000 after buying an additional 448,712 shares during the period. Finally, Norges Bank bought a new position in shares of Fidelity National Information Services during the 4th quarter worth approximately $495,956,000. Institutional investors and hedge funds own 96.23% of the company’s stock.

Key Stories Impacting Fidelity National Information Services

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

• Positive Sentiment: FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.29 billion versus $3.28 billion expected. Management said Banking Solutions revenue surged 45%, margins expanded, and cash flow generation remained strong. Article FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: The company reiterated its full-year 2026 outlook and said it expects about $2.1 billion in free cash flow this year, with a longer-term goal of more than $3 billion by 2028 as it expands AI-driven offerings and partnerships. Article FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028 through Anthropic AI agents rollout
• Neutral Sentiment: FIS also reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, which is broadly in line with Wall Street expectations. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion
• Negative Sentiment: The stock may be under pressure because second-quarter EPS guidance of $1.45-$1.49 only meets or slightly trails consensus, leaving limited room for an upside surprise near term. Article FIS Tops Q1 Earnings on Banking Solutions Growth, Margin Expansion

About Fidelity National Information Services

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.