Wells Fargo & Company Issues Pessimistic Forecast for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its price objective decreased by stock analysts at Wells Fargo & Company from $67.00 to $58.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the information technology services provider’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 35.45% from the company’s current price.

Several other research analysts have also recently issued reports on the stock. Barclays lowered their target price on shares of Fidelity National Information Services from $44.00 to $43.00 and set an “equal weight” rating for the company in a report on Wednesday. UBS Group reaffirmed a “neutral” rating and set a $49.00 price objective (down from $63.00) on shares of Fidelity National Information Services in a report on Wednesday. Wall Street Zen cut Fidelity National Information Services from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Truist Financial decreased their target price on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Fidelity National Information Services from $55.00 to $50.00 in a research report on Monday, May 11th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $57.59.

Fidelity National Information Services Stock Down 3.3%

Shares of NYSE:FIS traded down $1.44 on Wednesday, hitting $42.82. 2,457,233 shares of the company’s stock were exchanged, compared to its average volume of 6,054,503. Fidelity National Information Services has a 1-year low of $37.42 and a 1-year high of $72.91. The company has a market capitalization of $22.13 billion, a PE ratio of 8.30, a P/E/G ratio of 0.44 and a beta of 0.77. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.59 and a current ratio of 0.59. The firm’s 50-day moving average is $41.12 and its 200 day moving average is $46.30.

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 for the quarter, topping the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business’s quarterly revenue was up 29.1% on a year-over-year basis. During the same quarter last year, the company earned $1.36 EPS. 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. Sell-side analysts predict that Fidelity National Information Services will post 6.27 EPS for the current year.

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tema ETFs LLC lifted its stake in shares of Fidelity National Information Services by 15.6% in the 2nd quarter. Tema ETFs LLC now owns 11,207 shares of the information technology services provider’s stock worth $436,000 after acquiring an additional 1,509 shares during the period. Handelsbanken Fonder AB boosted its holdings in shares of Fidelity National Information Services by 10.0% in the second quarter. Handelsbanken Fonder AB now owns 218,905 shares of the information technology services provider’s stock valued at $8,511,000 after acquiring an additional 19,841 shares in the last quarter. Czech National Bank boosted its holdings in shares of Fidelity National Information Services by 4.3% in the second quarter. Czech National Bank now owns 147,124 shares of the information technology services provider’s stock valued at $5,720,000 after acquiring an additional 6,090 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab increased its stake in shares of Fidelity National Information Services by 33.3% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 187,202 shares of the information technology services provider’s stock worth $7,278,000 after acquiring an additional 46,782 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in Fidelity National Information Services by 2,590.5% during the second quarter. Assenagon Asset Management S.A. now owns 293,560 shares of the information technology services provider’s stock worth $11,414,000 after purchasing an additional 282,649 shares in the last quarter. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Fidelity National Information Services

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.

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.