Oppenheimer Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $62.00

Fidelity National Information Services (NYSE:FIS) had its price objective cut by research analysts at Oppenheimer from $69.00 to $62.00 in a note issued to investors on Friday,Fidelity reports. Oppenheimer’s price objective indicates a potential upside of 42.51% from the stock’s previous close.

FIS has been the topic of a number of other research reports. Raymond James Financial lowered their target price on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. Wall Street Zen raised Fidelity National Information Services from a “hold” rating to a “buy” rating in a report on Saturday. The Goldman Sachs Group reduced their price target on Fidelity National Information Services from $70.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Truist Financial decreased their price objective on Fidelity National Information Services from $57.00 to $50.00 and set a “hold” rating on the stock in a research note on Friday, April 24th. Finally, Wells Fargo & Company cut their target price on Fidelity National Information Services from $81.00 to $67.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company 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 quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $22.49 billion, a PE ratio of 59.60, a P/E/G ratio of 0.46 and a beta of 0.82. Fidelity National Information Services has a twelve month low of $43.28 and a twelve month high of $82.74. The company has a 50-day moving average price of $48.06 and a two-hundred day moving average price of $57.04.

Fidelity National Information Services (NYSE:FIS) last posted its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.21 earnings per share. 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 analysts forecast that Fidelity National Information Services will post 6.27 EPS for the current year.

Insider Activity at Fidelity National Information Services

In other news, CEO Stephanie Ferris purchased 19,846 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were purchased 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 in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.21% of the stock is owned by company insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its stake in 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 acquiring 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 valued at about $29,000. LRI Investments LLC grew its holdings in shares of Fidelity National Information Services by 613.1% during the third quarter. LRI Investments LLC now owns 435 shares of the information technology services provider’s stock worth $29,000 after purchasing an additional 374 shares in the last quarter. Raiffeisen Bank International AG purchased a new position in shares of Fidelity National Information Services during the third quarter worth about $29,000. Finally, GoalVest Advisory LLC bought a new position in shares of Fidelity National Information Services in the fourth quarter worth approximately $33,000. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Fidelity National Information Services News Roundup

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

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.