Susquehanna Issues Pessimistic Forecast for Fidelity National Information Services (NYSE:FIS) Stock Price

Key Points

• Susquehanna cut its FIS price target from $37 to $32 and maintained a neutral rating; the new target implies 7.13% upside. Analysts overall have a consensus “Hold” rating and an average target of $45.24.
• FIS slightly beat quarterly earnings and revenue estimates, with EPS of $1.61 and revenue of $3.45 billion, up 27.1% year over year.
• The company lowered its 2026 adjusted EPS outlook to $5.82–$5.89, below the $6.20 estimate, and reduced its Banking Solutions growth forecast amid delayed projects and client conversions.

Fidelity National Information Services (NYSE:FIS - Get Free Report) had its price target decreased by investment analysts at Susquehanna from $37.00 to $32.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the information technology services provider's stock. Susquehanna's price objective suggests a potential upside of 7.13% from the company's current price.

Several other research analysts have also commented on the company. Wolfe Research raised their price objective on Fidelity National Information Services from $53.00 to $54.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. Wells Fargo & Company downgraded Fidelity National Information Services from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $58.00 to $46.00 in a research report on Tuesday, August 25th. Bank of America downgraded Fidelity National Information Services from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $42.00 to $33.00 in a research report on Thursday. Oppenheimer lowered Fidelity National Information Services from an "outperform" rating to a "market perform" rating in a research note on Wednesday. Finally, National Bank Financial set a $46.00 target price on Fidelity National Information Services in a report on Thursday. Nine research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $45.24.

Fidelity National Information Services Price Performance

Fidelity National Information Services stock opened at $29.87 on Thursday. Fidelity National Information Services has a 52-week low of $29.15 and a 52-week high of $68.37. The firm has a fifty day moving average of $36.70 and a 200-day moving average of $43.48. The firm has a market capitalization of $15.44 billion, a P/E ratio of 4.59, a PEG ratio of 0.46 and a beta of 0.84. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last posted its earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same quarter in the previous year, the business posted $1.51 EPS. The business's quarterly revenue was up 27.1% on a year-over-year basis. As a group, analysts predict that Fidelity National Information Services will post 6.20 EPS for the current year.

Insiders Place Their Bets

In other news, Director Jeffrey Goldstein purchased 1,585 shares of the company's stock in a transaction that occurred on Thursday, October 15th. The shares were purchased at an average price of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director directly owned 18,697 shares of the company's stock, valued at approximately $680,570.80. This represents a 9.26% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIS. BlackRock Inc. acquired a new position in shares of Fidelity National Information Services during the second quarter valued at $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Fidelity National Information Services during the second quarter worth about $219,162,000. Bank of America Corp DE bought a new position in shares of Fidelity National Information Services during the second quarter worth about $189,387,000. Legal & General Group Plc acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $129,815,000. Finally, Deutsche Bank AG acquired a new stake in shares of Fidelity National Information Services in the 2nd quarter worth about $111,205,000. 96.23% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Fidelity National Information Services

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

• Positive Sentiment: FIS reported third-quarter adjusted EPS of $1.61 versus the $1.60 consensus estimate, while revenue of $3.45 billion topped expectations of $3.43 billion and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: FIS says client demand remains strong and is continuing to invest in security and innovation, though the near-term impact of these investments and delayed projects remains a concern. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: The company cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the FactSet estimate of $6.20. It also reduced its 2026 Banking Solutions growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank-consolidation timing. FIS 2026 Adjusted EPS Outlook
• Negative Sentiment: CFO James Kehoe will step down effective November 5, with CFO duties passing to interim appointee Alexandra Brooks. The timing adds uncertainty as investors assess the lowered outlook. FIS Announces CFO Transition
• Negative Sentiment: FIS is halting buybacks and some M&A to focus on reducing debt, limiting near-term capital returns. JPMorgan, Oppenheimer and William Blair also cut their ratings, reflecting reduced confidence after the guidance reset. FIS Halts Buybacks and Some M&A

Fidelity National Information Services Company Profile

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.

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