Fidelity National Information Services (NYSE:FIS) Stock Price Target Lowered at The Goldman Sachs Group

Fidelity National Information Services (NYSE:FIS) had its price target dropped by investment analysts at The Goldman Sachs Group from $44.00 to $35.00 in a 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 objective would indicate a potential upside of 18.62% from the stock’s current price.

Several other brokerages have also recently issued reports on FIS. Truist Financial reduced their price objective on Fidelity National Information Services from $43.00 to $37.00 and set a “hold” rating for the company in a report on Friday, October 23rd. JPMorgan Chase & Co. downgraded Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 price objective for the company. in a research report on Wednesday. Oppenheimer lowered shares of Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Citigroup decreased their price objective on shares of Fidelity National Information Services from $45.00 to $39.00 and set a “neutral” rating for the company in a research note on Friday, October 16th. Finally, Susquehanna dropped their price target on shares of Fidelity National Information Services from $37.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday. Nine analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Fidelity National Information Services has a consensus rating of “Hold” and an average target price of $43.92.

Fidelity National Information Services Stock Performance

Shares of NYSE FIS traded down $0.26 during mid-day trading on Thursday, hitting $29.50. 8,988,342 shares of the company were exchanged, compared to its average volume of 6,214,502. Fidelity National Information Services has a 1-year low of $28.87 and a 1-year high of $68.37. The firm has a market cap of $15.25 billion, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of 0.46 and a beta of 0.84. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.96. The stock has a 50 day simple moving average of $36.70 and a 200-day simple moving average of $43.48.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. During the same period in the previous year, the business posted $1.51 earnings per share. The business’s revenue was up 27.1% compared to the same quarter last year. On average, sell-side analysts forecast that Fidelity National Information Services will post 6.20 EPS for the current fiscal year.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein acquired 1,585 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was acquired at an average cost of $36.40 per share, with a total value of $57,694.00. Following the acquisition, the director directly owned 18,697 shares of the company’s stock, valued at $680,570.80. This represents a 9.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Azzad Asset Management Inc. ADV increased its stake in shares of Fidelity National Information Services by 2.0% in the first quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock worth $591,000 after purchasing an additional 250 shares during the period. Dynamic Advisor Solutions LLC grew its stake in shares of Fidelity National Information Services by 4.8% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after purchasing an additional 290 shares during the period. Signaturefd LLC lifted its holdings in Fidelity National Information Services by 4.7% during the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock valued at $224,000 after purchasing an additional 303 shares during the last quarter. Bleakley Financial Group LLC raised its position in Fidelity National Information Services by 0.3% in the 1st quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock valued at $5,399,000 after purchasing an additional 328 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Fidelity National Information Services by 4.7% in the third quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock valued at $256,000 after purchasing an additional 349 shares in the last quarter. 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 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.