Raymond James Financial Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $60.00

Fidelity National Information Services (NYSE:FIS) had its price objective lowered by analysts at Raymond James Financial from $82.00 to $60.00 in a research report issued to clients and investors on Wednesday,Fidelity reports. The brokerage presently has an “outperform” rating on the information technology services provider’s stock. Raymond James Financial’s price objective points to a potential upside of 17.55% from the stock’s current price.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. dropped their target price on Fidelity National Information Services from $80.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday, February 12th. Keefe, Bruyette & Woods decreased their price target on shares of Fidelity National Information Services from $85.00 to $72.00 and set an “outperform” rating for the company in a research note on Wednesday. Weiss Ratings reissued a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. UBS Group reduced their target price on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a report on Wednesday. Finally, BNP Paribas Exane lowered their price target on shares of Fidelity National Information Services from $60.00 to $55.00 and set an “underperform” rating on the stock in a research note on Tuesday, January 20th. Thirteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.50.

Fidelity National Information Services Stock Up 4.0%

Fidelity National Information Services stock opened at $51.04 on Wednesday. The company has a 50 day moving average of $58.41 and a 200-day moving average of $63.84. The company has a quick ratio of 0.53, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. Fidelity National Information Services has a twelve month low of $46.16 and a twelve month high of $82.74. The stock has a market capitalization of $26.25 billion, a PE ratio of 69.92, a price-to-earnings-growth ratio of 0.73 and a beta of 0.90.

Fidelity National Information Services (NYSE:FIS) last announced its earnings results on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.01). The company had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.74 billion. Fidelity National Information Services had a return on equity of 21.21% and a net margin of 3.58%.Fidelity National Information Services’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 earnings per share. Fidelity National Information Services has set its Q1 2026 guidance at 1.260-1.300 EPS and its FY 2026 guidance at 6.220-6.320 EPS. On average, equities research analysts anticipate that Fidelity National Information Services will post 5.74 EPS for the current fiscal year.

Insider Activity at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 941 shares of Fidelity National Information Services stock in a transaction dated Thursday, January 15th. The stock was bought at an average cost of $64.11 per share, for a total transaction of $60,327.51. Following the purchase, the director owned 14,529 shares of the company’s stock, valued at $931,454.19. The trade was a 6.93% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

Several institutional investors and hedge funds have recently modified their holdings of FIS. AGF Management Ltd. acquired a new stake in shares of Fidelity National Information Services in the third quarter valued at approximately $3,096,000. Independent Advisor Alliance increased its stake in Fidelity National Information Services by 177.8% during the 3rd quarter. Independent Advisor Alliance now owns 39,987 shares of the information technology services provider’s stock worth $2,637,000 after acquiring an additional 25,593 shares during the period. Assetmark Inc. raised its holdings in Fidelity National Information Services by 45.1% in the 3rd quarter. Assetmark Inc. now owns 265,518 shares of the information technology services provider’s stock valued at $17,508,000 after acquiring an additional 82,518 shares in the last quarter. LBP AM SA lifted its position in shares of Fidelity National Information Services by 1,777.2% during the 3rd quarter. LBP AM SA now owns 72,984 shares of the information technology services provider’s stock valued at $4,813,000 after acquiring an additional 69,096 shares during the period. Finally, Norges Bank acquired a new stake in shares of Fidelity National Information Services during the 2nd quarter worth $624,858,000. 96.23% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Fidelity National Information Services

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

• Positive Sentiment: Q4 results and outlook: FIS reported stronger revenue, a near‑in‑line EPS and set FY2026 guidance that implies meaningful growth and margin improvement; management’s emphasis on doubling down on AI and banking innovation supports the growth narrative. FIS 2025 results & AI risk suite
• Positive Sentiment: Short interest fell sharply in February (~22% drop month over month), reducing one source of downward pressure and lowering the risk of a short‑squeeze reversal. (Data from market short‑interest reports.)
• Positive Sentiment: Some brokers maintain buy/overweight ratings with above‑market targets (TD Cowen, UBS, Wolfe, Keefe et al.), supporting upside narratives from parts of the sell‑side. TD Cowen new target
• Neutral Sentiment: Debt refinancing plan: FIS announced proposed multi‑tranche senior note offerings (EUR and USD) to repay short‑term debt used for the Global Payments Issuer Solutions deal — reduces near‑term rollover risk but adds longer‑dated debt exposure and depends on market conditions. Senior notes offering
• Neutral Sentiment: Coverage mix: several houses lowered targets but left buy/overweight stances (many cut targets while keeping constructive ratings), creating mixed signals for investors assessing risk vs. longer‑term upside. (Multiple broker notes summarized.)
• Negative Sentiment: Analyst price‑target cuts: A wave of downgrades/target trims (Raymond James 82→60; Wells Fargo 81→67; Argus 92→65; Citigroup 70→53; Susquehanna 69→55; Wolfe 90→70; Keefe 85→72) is pressuring near‑term sentiment and capping gains as analysts reset valuation assumptions. Raymond James target cut

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.