Citigroup Cuts Fidelity National Information Services (NYSE:FIS) Price Target to $45.00

Fidelity National Information Services (NYSE:FIS) had its price objective decreased by investment analysts at Citigroup from $48.00 to $45.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the information technology services provider’s stock. Citigroup’s price objective suggests a potential upside of 5.12% from the stock’s current price.

Other research analysts have also recently issued reports about the stock. Cantor Fitzgerald cut their price target on shares of Fidelity National Information Services from $62.00 to $55.00 and set an “overweight” rating on the stock in a report on Monday, May 11th. Weiss Ratings raised shares of Fidelity National Information Services from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Truist Financial reduced their target price on Fidelity National Information Services from $45.00 to $43.00 and set a “hold” rating for the company in a report on Friday, July 24th. Royal Bank Of Canada decreased their target price on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, Wall Street Zen lowered shares of Fidelity National Information Services from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $56.73.

Fidelity National Information Services Stock Down 3.3%

Fidelity National Information Services stock traded down $1.45 during trading on Wednesday, hitting $42.81. 4,550,227 shares of the company were exchanged, compared to its average volume of 6,069,203. The company has a market capitalization of $22.13 billion, a P/E ratio of 8.32, a PEG ratio of 0.44 and a beta of 0.77. The business’s 50 day moving average is $41.12 and its 200 day moving average is $46.30. Fidelity National Information Services has a 52 week low of $37.42 and a 52 week high of $72.91. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.05.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the business earned $1.36 EPS. The business’s 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. Analysts predict that Fidelity National Information Services will post 6.27 earnings per share for the current year.

Hedge Funds Weigh In On Fidelity National Information Services

A number of institutional investors have recently added to or reduced their stakes in FIS. Salomon & Ludwin LLC grew its holdings in shares of Fidelity National Information Services by 100.5% during the fourth quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 194 shares in the last quarter. MBM Wealth Consultants LLC purchased a new stake in Fidelity National Information Services in the first quarter valued at approximately $33,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Fidelity National Information Services by 251.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock valued at $34,000 after purchasing an additional 362 shares during the last quarter. Reflection Asset Management purchased a new position in Fidelity National Information Services in the 4th quarter worth approximately $34,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Fidelity National Information Services in the 4th quarter worth $42,000. 96.23% of the stock is currently owned by institutional investors.

Fidelity National Information Services News Roundup

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, ahead of the $1.47 consensus estimate, while revenue of $3.38 billion matched expectations and increased 29.1% year over year. Management cited strength in Banking Solutions, improved margins and accelerating cash generation. FIS Reports Second Quarter 2026 Results
• Positive Sentiment: Several analysts still view FIS as undervalued following the selloff. Keefe, Bruyette & Woods lowered its price target to $56 from $60 but maintained an “outperform” rating; Royal Bank of Canada cut its target to $53 from $57 while also retaining “outperform.” Wells Fargo reduced its target to $58 from $67 and kept an “overweight” rating. Analyst price target updates
• Neutral Sentiment: FIS reported unusually heavy call-option buying, with investors purchasing 4,004 call contracts—more than double typical daily volume. The activity indicates increased speculative interest but does not confirm a sustained change in investor sentiment.
• Neutral Sentiment: UBS reaffirmed its “neutral” rating while lowering its price target to $49 from $63. Barclays also reduced its target, to $43 from $44, and maintained an “equal weight” rating. The revised targets imply limited to moderate upside from recent trading levels. FIS analyst ratings
• Negative Sentiment: The main pressure on FIS is its weaker-than-expected forward guidance. Third-quarter adjusted EPS guidance of $1.58–$1.62 is below the $1.65 consensus, while projected revenue of approximately $3.4 billion trails the $3.5 billion estimate.
• Negative Sentiment: FIS also cut full-year 2026 guidance to adjusted EPS of $6.15–$6.24 and revenue of $13.6–$13.7 billion, below consensus estimates of $6.28 per share and $13.8 billion. The outlook reduction prompted the stock’s decline despite the quarterly earnings beat. FIS Beats Q2 Earnings, Cuts 2026 Outlook

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.