Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price objective dropped by research analysts at Deutsche Bank Aktiengesellschaft from $55.00 to $50.00 in a research note issued to investors on Monday,Fidelity reports. Deutsche Bank Aktiengesellschaft’s target price suggests a potential upside of 18.35% from the company’s current price.
Several other equities research analysts have also commented on the company. Susquehanna cut their target price on Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 25th. JPMorgan Chase & Co. dropped their price target on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, February 12th. Stephens reduced their price objective on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research report on Friday. Oppenheimer lowered their price objective on shares of Fidelity National Information Services from $69.00 to $62.00 in a research note on Friday. Finally, Wall Street Zen upgraded shares of Fidelity National Information Services from a “hold” rating to a “buy” rating in a research report on Saturday. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.71.
Get Our Latest Stock Report on Fidelity National Information Services
Fidelity National Information Services Trading Down 0.3%
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings results on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.08. Fidelity National Information Services had a net margin of 23.35% and a return on equity of 21.30%. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the prior year, the firm posted $1.21 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. 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. On average, analysts anticipate that Fidelity National Information Services will post 6.28 EPS for the current year.
Insider Buying and Selling
In other news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction dated 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 completion of the acquisition, the chief executive officer directly owned 281,458 shares in the company, valued at $14,182,668.62. The trade was a 7.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.28% of the company’s stock.
Institutional Trading of Fidelity National Information Services
Hedge funds have recently bought and sold shares of the business. Dodge & Cox increased its stake in Fidelity National Information Services by 22.2% during the 3rd quarter. Dodge & Cox now owns 43,105,207 shares of the information technology services provider’s stock valued at $2,842,357,000 after purchasing an additional 7,830,710 shares in the last quarter. Norges Bank bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at $495,956,000. Balyasny Asset Management L.P. grew its holdings in shares of Fidelity National Information Services by 585.9% during the third quarter. Balyasny Asset Management L.P. now owns 2,365,322 shares of the information technology services provider’s stock valued at $155,969,000 after buying an additional 2,852,118 shares during the last quarter. Pinebridge Investments LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $114,799,000. Finally, TOMS Capital Investment Management LP bought a new stake in shares of Fidelity National Information Services during the fourth quarter worth about $110,589,000. Institutional investors and hedge funds own 96.23% of the company’s stock.
Fidelity National Information Services News Summary
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: FIS was selected by Commonwealth Bank of Australia to streamline reconciliations using FIS Data Integrity Manager, a contract that will handle more than 150 million transactions per day and highlights continued demand for its financial technology products. Article: FIS Selected to Streamline Reconciliations for Australia’s Largest Bank
- Neutral Sentiment: Goldman Sachs cut its price target on FIS to $57 from $65 but kept a buy rating, suggesting confidence in the company despite a lower valuation view.
- Neutral Sentiment: UBS lowered its target to $63 from $73 while maintaining a buy rating, indicating analysts still see meaningful upside even after trimming expectations.
- Neutral Sentiment: Cantor Fitzgerald cut its target to $55 from $62 and reiterated an overweight rating, another sign that the sell-side remains constructive overall but more cautious on near-term upside.
- Negative Sentiment: Several analyst target cuts may be contributing to the stock’s weakness, as they point to more conservative expectations for FIS’s near-term share price performance.
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.
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