Fidelity National Information Services (NYSE:FIS) Given New $56.00 Price Target at Keefe, Bruyette & Woods

Fidelity National Information Services (NYSE:FIS) had its price target cut by equities researchers at Keefe, Bruyette & Woods from $60.00 to $56.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the information technology services provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 30.43% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Oppenheimer reduced their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a report on Friday, May 8th. Cantor Fitzgerald lowered their target price on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Royal Bank Of Canada cut their price target on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research note on Wednesday. Deutsche Bank Aktiengesellschaft decreased their price objective on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. Finally, Stephens lowered their price objective on Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services currently has an average rating of “Hold” and an average price target of $56.86.

Fidelity National Information Services Stock Down 3.0%

Fidelity National Information Services stock traded down $1.32 during mid-day trading on Wednesday, reaching $42.94. The stock had a trading volume of 3,353,198 shares, compared to its average volume of 6,061,119. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. Fidelity National Information Services has a fifty-two week low of $37.42 and a fifty-two week high of $72.91. The stock’s 50-day simple moving average is $41.12 and its 200-day simple moving average is $46.30. The firm has a market capitalization of $22.19 billion, a PE ratio of 8.33, a price-to-earnings-growth ratio of 0.44 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the business earned $1.36 EPS. Fidelity National Information Services’s quarterly revenue was up 29.1% compared to the same quarter last year. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. On average, sell-side analysts forecast that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds have recently made changes to their positions in the business. Salomon & Ludwin LLC grew its position in Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after buying an additional 194 shares during the period. MBM Wealth Consultants LLC bought a new position in shares of Fidelity National Information Services during the 1st quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity National Information Services by 251.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after purchasing an additional 362 shares during the last quarter. Reflection Asset Management purchased a new stake in Fidelity National Information Services in the fourth quarter worth $34,000. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Fidelity National Information Services in the fourth quarter valued at $42,000. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services News Roundup

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

• Positive Sentiment: FIS reported second-quarter adjusted earnings of $1.48 per share, slightly above the $1.47 consensus estimate. Revenue reached $3.38 billion, in line with expectations and up 29.1% year over year, while management highlighted improving margins, stronger cash generation and continued demand for banking modernization and AI services. FIS Reports Second Quarter 2026 Results
• Positive Sentiment: Banking Solutions was identified as a key growth contributor, supporting the company’s push into payments, issuing and broader financial-institution technology services. FIS Deepens Its Banking Push With Payments and Issuing
• Neutral Sentiment: Unusually high options activity was recorded, with investors purchasing 4,004 call options—more than double typical daily call volume. This may indicate speculative bullish interest but does not necessarily reflect a change in the company’s fundamentals.
• Negative Sentiment: FIS lowered third-quarter 2026 guidance to $1.58–$1.62 in EPS and approximately $3.4 billion in revenue, below analyst expectations of $1.65 EPS and $3.5 billion revenue.
• Negative Sentiment: Full-year 2026 guidance was also reduced to $6.15–$6.24 EPS and $13.6–$13.7 billion in revenue, compared with consensus estimates of $6.28 EPS and $13.8 billion revenue. The outlook reduction has outweighed the second-quarter earnings beat and contributed to the stock’s decline.
• Negative Sentiment: UBS reaffirmed its “neutral” rating but cut its price target from $63 to $49, while Barclays lowered its target from $44 to $43 and maintained an “equal weight” rating. The revisions reinforce investor concerns about near-term growth and earnings momentum.

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.