Fidelity National Information Services (NYSE:FIS) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Fidelity National Information Services from hold to buy, adding to a generally positive analyst tone. Overall, FIS has a consensus rating of Moderate Buy with a target price of $67.10.
• FIS beat first-quarter expectations, reporting adjusted EPS of $1.36 versus $1.28 expected and revenue of about $3.30 billion versus $3.28 billion expected. Revenue rose 30.1% year over year, helped by strong Banking Solutions growth and margin expansion.
• The company reaffirmed full-year 2026 guidance of $6.22-$6.32 in adjusted EPS and $13.8-$13.9 billion in revenue, while projecting about $2.1 billion in free cash flow. Near-term sentiment may be tempered by Q2 EPS guidance of $1.45-$1.49, which only matches or slightly trails estimates.

Fidelity National Information Services (NYSE:FIS - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

A number of other equities analysts also recently commented on FIS. The Goldman Sachs Group cut their price objective on Fidelity National Information Services from $70.00 to $65.00 and set a "buy" rating on the stock in a report on Monday, April 13th. TD Cowen dropped their target price on Fidelity National Information Services from $89.00 to $78.00 and set a "buy" rating on the stock in a report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a $70.00 target price on shares of Fidelity National Information Services in a report on Thursday, January 15th. UBS Group dropped their target price on Fidelity National Information Services from $83.00 to $73.00 and set a "buy" rating on the stock in a report on Wednesday, February 25th. Finally, Citigroup dropped their target price on Fidelity National Information Services from $70.00 to $53.00 and set a "neutral" rating on the stock in a report on Wednesday, February 25th. Thirteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services currently has a consensus rating of "Moderate Buy" and a consensus target price of $67.10.

Fidelity National Information Services Stock Performance

Fidelity National Information Services stock opened at $43.51 on Friday. The stock's 50-day moving average is $48.06 and its 200-day moving average is $57.04. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 59.60, a price-to-earnings-growth ratio of 0.46 and a beta of 0.82. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.59 and a quick ratio of 0.59. Fidelity National Information Services has a 12 month low of $43.28 and a 12 month high of $82.74.

Fidelity National Information Services (NYSE:FIS - Get Free Report) last released its quarterly earnings data 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 company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.The company's quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the business posted $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. Equities analysts anticipate that Fidelity National Information Services will post 6.27 earnings per share for the current year.

Insiders Place Their Bets

In other Fidelity National Information Services news, CEO Stephanie Ferris acquired 19,846 shares of the stock in a transaction on Thursday, March 5th. The stock was purchased at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the purchase, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fidelity National Information Services

Hedge funds have recently bought and sold shares of the business. Salomon & Ludwin LLC grew its stake in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider's stock valued at $26,000 after purchasing an additional 194 shares in the last quarter. Raiffeisen Bank International AG acquired a new stake in Fidelity National Information Services during the 3rd quarter valued at approximately $29,000. LRI Investments LLC grew its stake in Fidelity National Information Services by 613.1% during the 3rd quarter. LRI Investments LLC now owns 435 shares of the information technology services provider's stock valued at $29,000 after purchasing an additional 374 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Fidelity National Information Services during the 3rd quarter valued at approximately $29,000. Finally, GoalVest Advisory LLC acquired a new stake in Fidelity National Information Services during the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 96.23% of the company's stock.

Key Headlines Impacting Fidelity National Information Services

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

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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