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

Fidelity National Information Services (NYSE:FIS) had its price objective cut by investment analysts at Citigroup from $45.00 to $39.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the information technology services provider’s stock. Citigroup’s price target points to a potential upside of 8.49% from the stock’s previous close.

Several other research analysts also recently commented on the stock. UBS Group reaffirmed a “neutral” rating on shares of Fidelity National Information Services in a report on Monday, September 21st. Truist Financial reduced their price target on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a research report on Friday, July 24th. TD Cowen cut their target price on Fidelity National Information Services from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Friday, October 9th. National Bank Financial set a $45.00 price target on Fidelity National Information Services in a research report on Friday. Finally, Stephens restated an “equal weight” rating and issued a $50.00 price objective on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Eleven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Fidelity National Information Services has a consensus rating of “Hold” and an average target price of $49.28.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS traded down $0.18 during midday trading on Friday, reaching $35.95. The company’s stock had a trading volume of 4,608,923 shares, compared to its average volume of 6,050,586. The stock has a market capitalization of $18.58 billion, a P/E ratio of 5.52, a PEG ratio of 0.38 and a beta of 0.81. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a 50 day moving average price of $38.13 and a 200-day moving average price of $41.30. Fidelity National Information Services has a 12-month low of $32.10 and a 12-month high of $68.98.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data 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. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.36 earnings per share. 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, equities analysts predict that Fidelity National Information Services will post 6.20 earnings per share for the current year.

Institutional Investors Weigh In On Fidelity National Information Services

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

Key Headlines Impacting Fidelity National Information Services

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

• Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying approximately 17% upside. The endorsement suggests confidence in FIS’s long-term earnings and turnaround prospects.
• Positive Sentiment: Cantor Fitzgerald maintained an Overweight rating while lowering its price target from $50 to $45, still implying roughly 26% upside. The target cut is cautious, but the continued bullish rating is supportive. Cantor Fitzgerald analyst action
• Positive Sentiment: FIS and Anthropic launched the FIS AML Investigations Agent commercially for U.S. banks. The AI tool is designed to reduce the cost and workload of anti-money-laundering investigations, potentially creating new revenue opportunities and strengthening FIS’s competitive position in core banking technology. FIS and Anthropic AML agent
• Neutral Sentiment: A Zacks analysis argues that improving free cash flow, expanding margins and acquisition synergies could support a rebound after the stock’s steep decline. These are potential catalysts rather than newly reported financial results. Zacks FIS rebound analysis
• Negative Sentiment: Susquehanna lowered its FIS price target to $37, only modestly above the current share price. The reduction reinforces concerns about limited near-term upside and ongoing execution risks. Susquehanna FIS price-target cut

Fidelity National Information Services Company Profile

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.