The Goldman Sachs Group Has Lowered Expectations for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its target price dropped by investment analysts at The Goldman Sachs Group from $44.00 to $35.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the information technology services provider’s stock. The Goldman Sachs Group‘s price target indicates a potential upside of 22.10% from the stock’s current price.

Several other equities analysts have also recently weighed in on FIS. William Blair cut Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a report on Wednesday. Wolfe Research lifted their price objective on Fidelity National Information Services from $53.00 to $54.00 and gave the stock an “outperform” rating in a report on Tuesday, August 25th. National Bank Financial set a $46.00 price objective on Fidelity National Information Services in a research report on Thursday. Barclays lowered their target price on Fidelity National Information Services from $43.00 to $38.00 and set an “equal weight” rating on the stock in a report on Friday, October 9th. Finally, Oppenheimer cut Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Six research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $42.20.

Fidelity National Information Services Stock Performance

Shares of FIS traded down $0.72 during mid-day trading on Thursday, hitting $28.66. 11,110,789 shares of the company traded hands, compared to its average volume of 5,734,265. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a 50-day moving average price of $36.23 and a two-hundred day moving average price of $43.15. Fidelity National Information Services has a 1 year low of $28.39 and a 1 year high of $68.37. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 4.28, a P/E/G ratio of 0.47 and a beta of 0.84.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $3.43 billion. During the same quarter in the prior year, the firm earned $1.51 earnings per share. The firm’s revenue for the quarter was up 27.1% compared to the same quarter last year. Equities analysts anticipate that Fidelity National Information Services will post 5.89 earnings per share for the current year.

Insider Activity

In related news, Director Jeffrey Goldstein acquired 1,585 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was bought at an average cost of $36.40 per share, for a total transaction of $57,694.00. Following the purchase, the director owned 18,697 shares in the company, valued at $680,570.80. The trade was a 9.26% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Institutional Investors Weigh In On Fidelity National Information Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIS. BlackRock Inc. bought a new position in shares of Fidelity National Information Services in the second quarter worth approximately $1,730,200,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of Fidelity National Information Services in the second quarter worth about $219,162,000. Bank of America Corp DE bought a new position in shares of Fidelity National Information Services in the second quarter worth about $189,387,000. Legal & General Group Plc purchased a new stake in shares of Fidelity National Information Services during the second quarter worth about $129,815,000. Finally, Deutsche Bank AG bought a new stake in Fidelity National Information Services during the 2nd quarter valued at approximately $111,205,000. Institutional investors own 96.23% of the company’s stock.

Key Stories Impacting Fidelity National Information Services

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

• Neutral Sentiment: Some analysts still see potential upside: TD Cowen, Goldman Sachs and Keefe, Bruyette & Woods retained positive ratings, although each reduced its price target. TD Cowen rating
• Negative Sentiment: FIS lowered its fiscal 2026 outlook, a key catalyst behind the selloff. The company also said CFO James Kehoe will step down, with Alexandra Brooks named interim CFO—adding uncertainty during a period of weaker expectations. FIS outlook and CFO transition
• Negative Sentiment: Analyst sentiment has broadly weakened. Argus and Wolfe Research cut their ratings to Hold; Bank of America, JPMorgan, RBC and others also moved to more cautious ratings. UBS, Citi, Barclays, Piper Sandler and several peers lowered price targets, signaling reduced expectations. Argus downgrade
• Negative Sentiment: Bank of America cited the possibility of delayed capital returns as an additional concern, while shareholder-law firms announced investigations into potential securities claims. These notices are not findings of wrongdoing, but may add reputational and legal uncertainty. BofA downgrade and capital-return concern

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.