BNP Paribas Exane Issues Pessimistic Forecast for Fidelity National Information Services (NYSE:FIS) Stock Price

Fidelity National Information Services (NYSE:FIS) had its target price reduced by analysts at BNP Paribas Exane from $47.00 to $40.00 in a report released on Friday,Fidelity reports. The firm currently has an “underperform” rating on the information technology services provider’s stock. BNP Paribas Exane’s target price would indicate a potential downside of 7.83% from the company’s previous close.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group assumed coverage on Fidelity National Information Services in a research note on Monday, March 9th. They set a “buy” rating and a $70.00 price objective on the stock. Keefe, Bruyette & Woods reduced their price objective on Fidelity National Information Services from $72.00 to $68.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a research report on Thursday, January 22nd. Citigroup lowered their price objective on shares of Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating for the company in a research report on Wednesday, February 25th. Finally, UBS Group lowered their price objective on shares of Fidelity National Information Services from $83.00 to $73.00 and set a “buy” rating for the company in a research report on Wednesday, February 25th. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $68.95.

Fidelity National Information Services Stock Down 4.2%

Shares of Fidelity National Information Services stock opened at $43.40 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The firm has a market cap of $22.32 billion, a P/E ratio of 59.45, a P/E/G ratio of 0.42 and a beta of 0.90. Fidelity National Information Services has a fifty-two week low of $43.29 and a fifty-two week high of $82.74. The business has a 50-day moving average price of $48.91 and a 200 day moving average price of $59.42.

Fidelity National Information Services (NYSE:FIS) last announced its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.01). Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. The firm had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. The firm’s quarterly revenue was up 8.2% compared to the same quarter last year. 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, sell-side analysts forecast that Fidelity National Information Services will post 5.74 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Jeffrey A. Goldstein purchased 941 shares of the stock in a transaction dated Thursday, January 15th. The stock was acquired at an average price of $64.11 per share, for a total transaction of $60,327.51. Following the completion of the transaction, the director owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. The trade was a 6.93% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Stephanie Ferris purchased 19,846 shares of the stock in a transaction dated Thursday, March 5th. The shares were purchased at an average price 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 position. The disclosure for this purchase is available in the SEC filing. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Fidelity National Information Services

A number of hedge funds have recently made changes to their positions in FIS. Brighton Jones LLC bought a new stake in shares of Fidelity National Information Services during the fourth quarter valued at approximately $347,000. Geneos Wealth Management Inc. grew its stake in shares of Fidelity National Information Services by 70.1% in the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock worth $78,000 after purchasing 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 bought a new position in shares of Fidelity National Information Services in the second quarter worth $4,896,000. Finally, Cresset Asset Management LLC grew its stake in shares of Fidelity National Information Services by 20.5% in the second 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 in the last quarter. Institutional investors own 96.23% of the company’s stock.

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.