Fidelity National Information Services (NYSE:FIS) Stock Price Target Cut by Piper Sandler

Fidelity National Information Services (NYSE:FIS) had its target price dropped by stock analysts at Piper Sandler from $42.00 to $31.00 in a report released on Thursday, Benzinga reports. The firm presently has a “neutral” rating on the information technology services provider’s stock. Piper Sandler‘s target price would suggest a potential upside of 3.38% from the company’s current price.

A number of other research firms have also recently issued reports on FIS. Stephens began coverage on shares of Fidelity National Information Services in a report on Tuesday, August 11th. They issued an “equal weight” rating and a $50.00 price target for the company. Royal Bank Of Canada cut Fidelity National Information Services from an “outperform” rating to a “sector perform” rating and set a $37.00 price target for the company. in a research report on Thursday. National Bank Financial set a $46.00 target price on Fidelity National Information Services in a report on Thursday. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, October 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating on the stock in a research note on Tuesday, September 29th. Nine analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Fidelity National Information Services presently has a consensus rating of “Hold” and a consensus target price of $44.28.

Fidelity National Information Services Price Performance

Shares of FIS stock traded up $0.23 on Thursday, reaching $29.99. The company’s stock had a trading volume of 7,318,320 shares, compared to its average volume of 6,202,208. The stock’s fifty day simple moving average is $36.70 and its 200-day simple moving average is $43.48. Fidelity National Information Services has a 1 year low of $28.87 and a 1 year high of $68.37. The company has a market capitalization of $15.50 billion, a price-to-earnings ratio of 4.58, a price-to-earnings-growth ratio of 0.46 and a beta of 0.84. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.96.

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

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of Fidelity National Information Services stock in a transaction dated Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the completion of the transaction, the director directly owned 18,697 shares of the company’s stock, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. bought a new stake in Fidelity National Information Services in the second quarter valued at $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth $219,162,000. Bank of America Corp DE acquired a new position in Fidelity National Information Services during the second quarter worth about $189,387,000. Legal & General Group Plc bought a new stake in shares of Fidelity National Information Services in the 2nd quarter worth approximately $129,815,000. Finally, Perpetual Ltd boosted its position in shares of Fidelity National Information Services by 32.9% in the 3rd quarter. Perpetual Ltd now owns 3,262,131 shares of the information technology services provider’s stock valued at $107,324,000 after purchasing an additional 807,482 shares during the period. 96.23% of the stock is currently owned by hedge funds and other institutional investors.

Key Fidelity National Information Services News

Here are the key news stories impacting Fidelity National Information Services this week:

• Positive Sentiment: FIS reported third-quarter adjusted EPS of $1.61 versus $1.60 expected and revenue of $3.45 billion versus $3.43 billion expected. Revenue rose 27.1% year over year, with banking demand supporting results. FIS Reports Third Quarter 2026 Results
• Neutral Sentiment: Shareholder law firms announced investigations following FIS’s outlook reduction. These are investigations, not findings of wrongdoing, but may add uncertainty for investors. Investigation notice
• Negative Sentiment: FIS lowered its 2026 adjusted EPS forecast to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also cut its banking-solutions revenue growth outlook to 3.5%–4% from 5%–5.5%, citing delayed client conversions and project timing; the company also flagged a soft fourth-quarter outlook. FIS Cuts Banking Growth Outlook Amid Project Delays
• Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reset. FIS CFO transition announcement
• Negative Sentiment: Reports say FIS is delaying share buybacks and some M&A as it focuses on reducing debt, potentially postponing capital returns. Multiple firms also cut ratings or price targets, including BofA, JPMorgan and RBC, reinforcing investor concerns. FIS delays buybacks and some M&A BofA downgrade

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.