Citigroup Issues Pessimistic Forecast for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FISGet Free Report) had its price objective dropped by analysts at Citigroup from $53.00 to $48.00 in a report issued on Friday,Fidelity reports. Citigroup’s price objective points to a potential upside of 10.33% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Wall Street Zen raised shares of Fidelity National Information Services from a “hold” rating to a “buy” rating in a research note on Saturday. TD Cowen decreased their target price on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Raymond James Financial lowered their price target on shares of Fidelity National Information Services from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, JPMorgan Chase & Co. cut their price target on shares of Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.10.

Check Out Our Latest Stock Analysis on FIS

Fidelity National Information Services Price Performance

FIS stock opened at $43.51 on Friday. The firm has a 50 day simple moving average of $48.06 and a two-hundred day simple moving average of $57.04. The stock has a market cap of $22.49 billion, a PE ratio of 59.60, a P/E/G ratio of 0.46 and a beta of 0.82. Fidelity National Information Services has a one year low of $43.28 and a one year high of $82.74. 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 (NYSE:FISGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.28 by $0.08. The company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.28 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm’s revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, analysts predict that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Stephanie Ferris acquired 19,846 shares of Fidelity National Information Services stock in a transaction on Thursday, March 5th. The shares were acquired at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fidelity National Information Services

A number of large investors have recently modified their holdings of FIS. Brighton Jones LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth about $347,000. Geneos Wealth Management Inc. raised its position in shares of Fidelity National Information Services by 70.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after acquiring an additional 431 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Fidelity National Information Services in the 2nd quarter worth approximately $302,000. Marshall Wace LLP purchased a new position in shares of Fidelity National Information Services in the 2nd quarter valued at approximately $4,896,000. Finally, Cresset Asset Management LLC lifted its stake in shares of Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock valued at $431,000 after purchasing an additional 901 shares during the period. 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:

About Fidelity National Information Services

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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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Analyst Recommendations for Fidelity National Information Services (NYSE:FIS)

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