Fidelity National Information Services (NYSE:FIS) Releases Q2 2026 Earnings Guidance

Key Points

• Q2 2026 guidance: FIS set Q2 EPS guidance at $1.45–$1.49 (vs. $1.49 consensus) and revenue guidance of $3.4 billion, and updated FY 2026 EPS guidance to $6.220–$6.320.
• FIS posted a Q1 beat—EPS $1.36 vs. $1.28 est. and revenue $3.30 billion (up 30.1% YoY)—but the stock traded down and sits below its 50- and 200-day moving averages near its 52-week low.
• Management reiterated a 2026 free cash flow target of $2.1 billion and is targeting >$3 billion by 2028 tied to deployment of Anthropic AI agents, signaling a strategic AI-driven path to margin and FCF improvement.

Fidelity National Information Services (NYSE:FIS - Get Free Report) updated its second quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.450-1.490 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of $3.4 billion-$3.4 billion, compared to the consensus revenue estimate of $3.4 billion. Fidelity National Information Services also updated its FY 2026 guidance to 6.220-6.320 EPS.

Fidelity National Information Services Price Performance

Shares of FIS stock traded down $2.73 during trading on Friday, hitting $44.52. The company had a trading volume of 5,382,358 shares, compared to its average volume of 5,524,181. The stock's 50-day moving average is $48.06 and its two-hundred day moving average is $57.04. The stock has a market capitalization of $23.01 billion, a price-to-earnings ratio of 60.99, a price-to-earnings-growth ratio of 0.45 and a beta of 0.82. 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 52 week low of $43.29 and a 52 week high of $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.08. The business had revenue of $3.30 billion during the quarter, compared to analysts' expectations of $3.28 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The business's quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.21 EPS. 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. As a group, analysts predict that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Thursday, June 11th. Fidelity National Information Services's dividend payout ratio is currently 241.10%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. UBS Group lowered their price target on Fidelity National Information Services from $83.00 to $73.00 and set a "buy" rating on the stock in a research report on Wednesday, February 25th. Compass Point reduced their price objective on Fidelity National Information Services from $90.00 to $81.00 and set a "buy" rating on the stock in a research report on Tuesday, January 13th. Wolfe Research decreased their price objective on Fidelity National Information Services from $90.00 to $70.00 and set an "outperform" rating on the stock in a report on Wednesday, February 25th. TD Cowen dropped their target price on Fidelity National Information Services from $89.00 to $78.00 and set a "buy" rating for the company in a research report on Wednesday, February 25th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. Thirteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, Fidelity National Information Services currently has an average rating of "Moderate Buy" and a consensus target price of $67.10.

Insider Transactions at Fidelity National Information Services

In related news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The shares were purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the completion of the purchase, the chief executive officer owned 281,458 shares of the company's stock, valued at $14,182,668.62. This represents a 7.59% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.21% of the stock is currently owned by insiders.

Fidelity National Information Services News Roundup

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

• Positive Sentiment: Q1 beats and execution: FIS posted EPS $1.36 vs. $1.28 est and ~30% YoY revenue growth with margin expansion and strong cash generation — a near-term earnings beat that supports the recovery thesis. FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
• Positive Sentiment: Clear cash-flow targets: Management reiterated 2026 free cash flow guidance of $2.1B and is targeting >$3B by 2028, linking the upside to deploying Anthropic AI agents — a strategic roadmap that could materially improve margins and FCF over several years. FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028
• Positive Sentiment: AI partnership validation: Coverage highlights the Anthropic collaboration as a potential structural lever to build AI infrastructure for banking clients — supportive for longer-term revenue mix and competitive positioning. FIS And Anthropic Signal A New Era Of AI Infrastructure In Banking
• Neutral Sentiment: Call transcript / guidance detail: The earnings call offers management commentary and execution detail (slides and transcript available) that investors should read for cadence on client wins, timing of AI rollouts, and cadence of FCF ramp. Key details will drive sentiment going forward. FIS Q1 2026 Earnings Call Transcript
• Negative Sentiment: Market reaction & technicals: Despite the beat, the stock is trading down and has underperformed peers recently; shares sit below the 50- and 200-day averages and near the 52-week low, which can amplify selling pressure from momentum and quant funds. Fidelity National Information Services Inc. stock underperforms
• Negative Sentiment: Valuation and near-term skepticism: FIS still trades at a high P/E relative to visible near-term earnings growth, so investors are weighing execution risk on the multi-year AI payoff versus current price — leading some Wall Street commentary to remain mixed. Fidelity National stock: Is Wall Street bullish or bearish?

Hedge Funds Weigh In On Fidelity National Information Services

A number of large investors have recently bought and sold shares of FIS. Dodge & Cox lifted its position in Fidelity National Information Services by 13.9% in 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 during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Fidelity National Information Services by 4.8% in the fourth 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 purchasing an additional 514,490 shares during the last quarter. Invesco Ltd. increased its stake in shares of Fidelity National Information Services by 5.6% in the third 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. Dimensional Fund Advisors LP increased its stake in shares of Fidelity National Information Services by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,972,374 shares of the information technology services provider's stock worth $396,961,000 after buying an additional 67,259 shares during the period. Finally, Nuveen LLC raised its holdings in Fidelity National Information Services by 27.8% during the 4th quarter. Nuveen LLC now owns 3,541,533 shares of the information technology services provider's stock valued at $235,370,000 after buying an additional 769,296 shares during the last quarter. 96.23% of the stock is owned by hedge funds and other institutional investors.

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.

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