Fidelity National Information Services (NYSE:FIS) Cut to “Market Perform” at William Blair

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

Several other analysts have also recently weighed in on FIS. Wolfe Research increased their price target on shares of Fidelity National Information Services from $53.00 to $54.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. downgraded Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price target for the company. in a research note on Wednesday. Citigroup reduced their target price on shares of Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating on the stock in a report on Friday, October 16th. Barclays dropped their price objective on shares of Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. Finally, Morgan Stanley began coverage on Fidelity National Information Services in a report on Tuesday, July 7th. They set an “equal weight” rating and a $47.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus target price of $47.96.

Fidelity National Information Services Trading Down 23.4%

Shares of NYSE:FIS traded down $9.14 during trading hours on Wednesday, hitting $29.85. 22,735,559 shares of the company’s stock traded hands, compared to its average volume of 6,129,801. Fidelity National Information Services has a 1 year low of $29.22 and a 1 year high of $68.37. The firm 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. The business has a fifty day moving average price of $36.91 and a 200-day moving average price of $43.64. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS) last released its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.60 by $0.01. The firm had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%. The business’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.51 EPS. Equities analysts expect that Fidelity National Information Services will post 6.20 earnings per share for the current year.

Insider Transactions at Fidelity National Information Services

In other news, Director Jeffrey Goldstein bought 1,585 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The shares were acquired at an average price of $36.40 per share, with a total value of $57,694.00. Following the transaction, the director owned 18,697 shares in the company, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. acquired a new position in Fidelity National Information Services during the 2nd quarter worth about $1,730,200,000. South Dakota Investment Council raised its stake in shares of Fidelity National Information Services by 46.2% in the first quarter. South Dakota Investment Council now owns 228,021 shares of the information technology services provider’s stock worth $10,696,000 after purchasing an additional 72,040 shares during the last quarter. Bank of Nova Scotia purchased a new position in Fidelity National Information Services during the 2nd quarter worth $2,448,000. Nykredit A S bought a new stake in Fidelity National Information Services during the second quarter worth $5,143,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Fidelity National Information Services in the second quarter worth $10,891,000. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services News Roundup

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

Fidelity National Information Services Company Profile

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.