Fidelity National Information Services (NYSE:FIS) Stock Dropped to “Market Perform” by William Blair

Fidelity National Information Services (NYSE:FIS) was downgraded by equities research analysts at William Blair from an “outperform” rating to a “market perform” rating in a research report issued on Wednesday, Marketbeat Ratings reports.

A number of other equities analysts also recently weighed in on FIS. Oppenheimer downgraded Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday. JPMorgan Chase & Co. cut shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price objective for the company. in a research report on Wednesday. Piper Sandler began coverage on shares of Fidelity National Information Services in a research note on Friday, September 11th. They issued a “neutral” rating and a $42.00 target price for the company. Robert W. Baird cut their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, September 25th. Finally, Bank of America assumed coverage on Fidelity National Information Services in a research report on Thursday, October 15th. They set a “buy” rating and a $42.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $47.96.

Fidelity National Information Services Price Performance

Shares of Fidelity National Information Services stock traded down $9.14 during trading on Wednesday, reaching $29.85. The company’s stock had a trading volume of 22,735,559 shares, compared to its average volume of 6,129,801. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The company has a market capitalization of $15.43 billion, a P/E ratio of 4.58, a price-to-earnings-growth ratio of 0.47 and a beta of 0.84. Fidelity National Information Services has a 12-month low of $29.22 and a 12-month high of $68.37. The business has a 50 day moving average price of $36.91 and a 200-day moving average price of $43.64.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) 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 company had revenue of $3.45 billion during the quarter, compared to analysts’ expectations of $3.43 billion. During the same period in the previous year, the company earned $1.51 EPS. The business’s quarterly revenue was up 27.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Fidelity National Information Services will post 6.20 EPS for the current year.

Insider Buying and Selling

In other news, Director Jeffrey Goldstein acquired 1,585 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was purchased at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the acquisition, the director directly owned 18,697 shares of the company’s stock, valued at $680,570.80. The trade was a 9.26% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Fidelity National Information Services during the second quarter worth $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Fidelity National Information Services during the second quarter worth $219,162,000. Bank of America Corp DE acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter worth approximately $189,387,000. Legal & General Group Plc acquired a new stake in Fidelity National Information Services in the second quarter valued at approximately $129,815,000. Finally, Deutsche Bank AG purchased a new position in shares of Fidelity National Information Services during the second quarter worth approximately $111,205,000. Hedge funds and other institutional investors 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 reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, and revenue of $3.45 billion versus $3.43 billion expected. Revenue rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: JPMorgan cut its rating from Overweight to Neutral but set a $38 price target, above the roughly $29.47 share price cited in the report. JPMorgan rating information
• Negative Sentiment: FIS lowered its 2026 pro forma Banking Solutions revenue-growth forecast to 3.5%–4%, from 5%–5.5%. Large clients are pushing out conversion dates, while bank consolidation is affecting revenue timing—signaling slower near-term growth despite continued technology demand. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: Oppenheimer downgraded FIS from Outperform to Market Perform, adding to concerns about the outlook. Oppenheimer rating information
• Negative Sentiment: FIS announced that CFO James Kehoe will step down effective November 5, with Alexandra Brooks named interim CFO. The transition adds uncertainty as the company works through growth delays. FIS Announces CFO Transition

About Fidelity National Information Services

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.