Fidelity National Information Services (NYSE:FIS) Price Target Cut to $32.00 by Analysts at Susquehanna

Fidelity National Information Services (NYSE:FIS) had its target price trimmed by Susquehanna from $37.00 to $32.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has a neutral rating on the information technology services provider’s stock.

A number of other research firms have also issued reports on FIS. The Goldman Sachs Group reduced their price target 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. Robert W. Baird lowered their price objective on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a research report on Friday, September 25th. Citigroup cut their target price on shares of Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating on the stock in a research note on Friday, October 16th. Wolfe Research raised their target price on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, August 25th. Finally, Truist Financial decreased their price target on shares of Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating for the company in a research note on Friday, October 23rd. Nine equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $42.88.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $29.40 on Thursday. The firm has a 50 day moving average of $36.47 and a two-hundred day moving average of $43.31. The stock has a market capitalization of $15.20 billion, a PE ratio of 4.39, a P/E/G ratio of 0.36 and a beta of 0.84. The company has a quick ratio of 0.53, a current ratio of 0.55 and a debt-to-equity ratio of 0.93. Fidelity National Information Services has a 52 week low of $28.86 and a 52 week 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.01. The business 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 20.42% and a net margin of 26.77%. The company’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period last year, the firm earned $1.51 earnings per share. On average, research analysts predict that Fidelity National Information Services will post 5.96 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Stockholders of record on Monday, December 14th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, December 14th. Fidelity National Information Services’s dividend payout ratio is currently 27.04%.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were acquired at an average price of $36.40 per share, with a total value of $57,694.00. Following the transaction, the director owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. The trade was a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

Several hedge funds have recently added to or reduced their stakes in FIS. Pension & Wealth Management Advisors Inc. purchased a new position in Fidelity National Information Services during the 3rd quarter worth approximately $35,000. First Command Advisory Services Inc. lifted its stake in Fidelity National Information Services by 362.9% in the third quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock valued at $37,000 after buying an additional 889 shares during the last quarter. Bank & Trust Co purchased a new stake in Fidelity National Information Services in the third quarter valued at approximately $51,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Fidelity National Information Services in the second quarter valued at approximately $58,000. Finally, Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of Fidelity National Information Services by 96.8% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock valued at $65,000 after acquiring an additional 972 shares during the period. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services News Summary

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

• Positive Sentiment: FIS reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, while revenue of $3.45 billion also topped expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Some analysts still see potential upside from current levels: TD Cowen maintained a Buy rating with a $38 target, and Goldman Sachs retained Buy with a $35 target. Both firms lowered their targets, however, reflecting a more cautious outlook. TD Cowen recommendations
• Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also reduced its Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank consolidation. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: The company plans to pause share buybacks and limit some M&A as it focuses on deleveraging, reducing a potential source of shareholder returns. FIS Plunges as Fintech Halts Buybacks, Some M&A to Deleverage
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reduction. FIS Announces CFO Transition
• Negative Sentiment: Several firms downgraded FIS or sharply reduced price targets, including Bank of America and RBC; the wave of revisions signals diminished confidence despite targets generally remaining above the cited share price. Bank of America recommendations

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.