Fidelity National Information Services (NYSE:FIS) Price Target Lowered to $55.00 at Cantor Fitzgerald

Fidelity National Information Services (NYSE:FIS) had its price target dropped by analysts at Cantor Fitzgerald from $62.00 to $55.00 in a report issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the information technology services provider’s stock. Cantor Fitzgerald’s target price points to a potential upside of 26.42% from the company’s previous close.

A number of other equities analysts also recently issued reports on FIS. Keefe, Bruyette & Woods cut their price objective on shares of Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Susquehanna lowered their target price on shares of Fidelity National Information Services from $69.00 to $55.00 and set a “neutral” rating for the company in a report on Wednesday, February 25th. Stephens lowered their target price on shares of Fidelity National Information Services from $85.00 to $65.00 and set an “overweight” rating for the company in a report on Friday. BNP Paribas Exane dropped their price target on shares of Fidelity National Information Services from $47.00 to $40.00 and set an “underperform” rating on the stock in a research report on Friday, April 10th. Finally, TD Cowen reduced their price objective on shares of Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.29.

Fidelity National Information Services Stock Up 0.0%

Fidelity National Information Services stock opened at $43.51 on Monday. The firm has a market capitalization of $22.49 billion, a price-to-earnings ratio of 8.43, a price-to-earnings-growth ratio of 0.43 and a beta of 0.82. The firm’s fifty day moving average price is $48.06 and its two-hundred day moving average price is $57.04. Fidelity National Information Services has a 1-year low of $43.28 and a 1-year high of $82.74. 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 announced its earnings results on Friday, May 8th. The information technology services provider reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.08. Fidelity National Information Services had a return on equity of 21.30% and a net margin of 23.35%.The company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the firm earned $1.21 earnings per share. Fidelity National Information Services’s quarterly revenue was up 30.1% on a year-over-year basis. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. On average, equities research analysts predict that Fidelity National Information Services will post 6.28 earnings per share for the current fiscal year.

Insider Buying and Selling at Fidelity National Information Services

In related news, CEO Stephanie Ferris bought 19,846 shares of Fidelity National Information Services stock in a transaction dated Thursday, March 5th. The stock was purchased at an average cost of $50.39 per share, with a total value of $1,000,039.94. Following the transaction, the chief executive officer directly owned 281,458 shares of the company’s stock, valued at approximately $14,182,668.62. The trade was a 7.59% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.21% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Several institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC purchased a new position in Fidelity National Information Services in the 4th quarter valued at approximately $347,000. Geneos Wealth Management Inc. lifted its position in shares of Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after acquiring an additional 431 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Fidelity National Information Services in the second quarter worth $302,000. Marshall Wace LLP purchased a new position in shares of Fidelity National Information Services in the second quarter valued at $4,896,000. Finally, Cresset Asset Management LLC boosted its stake in Fidelity National Information Services by 20.5% in the 2nd quarter. Cresset Asset Management LLC now owns 5,290 shares of the information technology services provider’s stock worth $431,000 after purchasing an additional 901 shares during the period. 96.23% of the stock is owned by institutional investors.

Fidelity National Information Services Company Profile

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.