TD Cowen Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $58.00

Fidelity National Information Services (NYSE:FIS) had its target price reduced by investment analysts at TD Cowen from $62.00 to $58.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s price objective indicates a potential upside of 35.82% from the stock’s previous close.

A number of other equities analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft lowered their target price on Fidelity National Information Services from $55.00 to $50.00 in a report on Monday, May 11th. BNP Paribas Exane dropped their price objective on shares of Fidelity National Information Services from $40.00 to $37.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Weiss Ratings upgraded shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. The Goldman Sachs Group decreased their price target on shares of Fidelity National Information Services from $65.00 to $57.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Finally, Stephens dropped their price target on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $56.55.

Fidelity National Information Services Trading Down 3.5%

NYSE FIS traded down $1.55 on Wednesday, reaching $42.70. The stock had a trading volume of 5,292,535 shares, compared to its average volume of 6,072,251. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.05. The stock has a fifty day moving average price of $41.12 and a two-hundred day moving average price of $46.30. Fidelity National Information Services has a 12-month low of $37.42 and a 12-month high of $72.91. The firm has a market capitalization of $22.07 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 0.44 and a beta of 0.77.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.47 by $0.01. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The business had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the business posted $1.36 earnings per share. The company’s quarterly revenue was up 29.1% on a year-over-year basis. 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. As a group, sell-side analysts forecast that Fidelity National Information Services will post 6.27 EPS for the current fiscal year.

Institutional Investors Weigh In On Fidelity National Information Services

Institutional investors have recently made changes to their positions in the stock. BOKF NA increased its holdings in shares of Fidelity National Information Services by 0.6% in the 3rd quarter. BOKF NA now owns 28,031 shares of the information technology services provider’s stock valued at $1,848,000 after purchasing an additional 159 shares in the last quarter. Fiduciary Trust Co increased its holdings in Fidelity National Information Services by 4.9% in the third quarter. Fiduciary Trust Co now owns 3,465 shares of the information technology services provider’s stock valued at $228,000 after buying an additional 161 shares in the last quarter. FJ Capital Management LLC boosted its stake in shares of Fidelity National Information Services by 4.7% during the 2nd quarter. FJ Capital Management LLC now owns 3,600 shares of the information technology services provider’s stock worth $293,000 after acquiring an additional 163 shares in the last quarter. Salomon & Ludwin LLC grew its holdings in shares of Fidelity National Information Services by 100.5% in the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after acquiring an additional 194 shares during the period. Finally, Transcend Capital Advisors LLC increased its stake in Fidelity National Information Services by 4.7% in the 4th quarter. Transcend Capital Advisors LLC now owns 4,729 shares of the information technology services provider’s stock valued at $314,000 after purchasing an additional 214 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, while revenue of $3.38 billion matched expectations and increased 29.1% year over year. FIS Tops Q2 Earnings Estimates
• Positive Sentiment: Management highlighted durable recurring growth, margin expansion, accelerating cash generation, and strong demand from banks for modernization, artificial intelligence, payments and issuing solutions. FIS Reports Second Quarter 2026 Results
• Positive Sentiment: Despite lowering their targets, Keefe, Bruyette & Woods, RBC and Wells Fargo retained bullish ratings—outperform or overweight—and their revised targets imply approximately 24% to 31% potential upside from recent levels. Analyst Price Target Updates
• Neutral Sentiment: Unusually heavy call-option activity preceded the earnings reaction, with investors purchasing 4,004 call options versus typical daily volume of 1,949. This signals speculative bullish interest but does not guarantee sustained buying.
• Negative Sentiment: FIS reduced its full-year 2026 adjusted EPS guidance to $6.15–$6.24 from a consensus estimate of $6.28 and lowered revenue guidance to $13.6–$13.7 billion versus $13.8 billion expected. Third-quarter EPS guidance of $1.58–$1.62 and revenue guidance near $3.4 billion also trail consensus estimates of $1.65 and $3.5 billion, respectively. FIS Cuts 2026 Outlook
• Negative Sentiment: Analysts broadly lowered price targets following the outlook reduction. Citigroup moved to a $45 neutral target, UBS cut its neutral target to $49, and Barclays reduced its equal-weight target to $43, indicating more cautious expectations for growth and margins. Analyst Rating and Target Changes
• Negative Sentiment: Industry commentary points to rising technology costs and pressure on consumer spending as potential constraints on transaction-processing margins, adding to concerns raised by the weaker outlook. Financial Transaction Stocks in Focus

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.