TD Cowen Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $78.00

Fidelity National Information Services (NYSE:FIS) had its target price reduced by TD Cowen from $89.00 to $78.00 in a report issued on Wednesday,Fidelity reports. The brokerage presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s price objective suggests a potential upside of 52.82% from the company’s previous close.

Several other equities analysts also recently issued reports on FIS. Keefe, Bruyette & Woods dropped 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. Royal Bank Of Canada lowered their target price on Fidelity National Information Services from $86.00 to $69.00 and set an “outperform” rating for the company in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fidelity National Information Services in a report on Thursday, January 22nd. Cantor Fitzgerald began coverage on Fidelity National Information Services in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price target for the company. Finally, UBS Group raised their price objective on Fidelity National Information Services from $82.00 to $83.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Fidelity National Information Services currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.50.

Fidelity National Information Services Stock Performance

Shares of FIS stock opened at $51.04 on Wednesday. The firm has a market capitalization of $26.25 billion, a price-to-earnings ratio of 69.92, a PEG ratio of 0.73 and a beta of 0.90. The company has a current ratio of 0.59, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The business’s 50-day moving average price is $58.41 and its 200-day moving average price is $63.84. Fidelity National Information Services has a 12 month low of $46.16 and a 12 month high of $82.74.

Fidelity National Information Services (NYSE:FIS) last issued its quarterly earnings data on Tuesday, February 24th. The information technology services provider reported $1.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the business earned $1.40 EPS. 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. Equities research analysts forecast that Fidelity National Information Services will post 5.74 EPS for the current year.

Insider Buying and Selling

In other Fidelity National Information Services news, Director Jeffrey A. Goldstein bought 941 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was acquired at an average price of $64.11 per share, with a total value of $60,327.51. Following the completion of the purchase, the director directly owned 14,529 shares of the company’s stock, valued at approximately $931,454.19. This trade represents a 6.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 0.21% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Fidelity National Information Services

Institutional investors and hedge funds have recently modified their holdings of the business. MidFirst Bank acquired a new stake in shares of Fidelity National Information Services during the 4th quarter worth approximately $169,000. MV Capital Management Inc. bought a new position in Fidelity National Information Services during the fourth quarter worth $160,000. Compound Planning Inc. grew its holdings in Fidelity National Information Services by 29.4% in the fourth quarter. Compound Planning Inc. now owns 6,935 shares of the information technology services provider’s stock worth $461,000 after purchasing an additional 1,574 shares during the period. TMB Capital Partners LLC bought a new stake in Fidelity National Information Services in the fourth quarter valued at $1,209,000. Finally, Harbour Wealth Management Group Inc. acquired a new position in shares of Fidelity National Information Services during the fourth quarter valued at about $352,000. 96.23% of the stock is currently owned by institutional investors.

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

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.