Fidelity National Information Services (NYSE:FIS) Research Coverage Started at Bank of America

Posted by Francis Steltz on Oct 18th, 2026

Bank of America initiated coverage on shares of Fidelity National Information Services (NYSE:FIS – Free Report) in a research report released on Thursday morning. The firm issued a buy rating and a $42.00 price target on the information technology services provider’s stock.

FIS has been the topic of several other research reports. Cantor Fitzgerald dropped their price target on shares of Fidelity National Information Services from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Stephens reissued an “equal weight” rating and issued a $50.00 price objective on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. Morgan Stanley assumed coverage on shares of Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 price objective for the company. Susquehanna lowered their target price on Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, National Bank Financial set a $50.00 target price on Fidelity National Information Services in a research report on Monday, August 10th. Eleven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $49.28.

Check Out Our Latest Stock Report on FIS

Fidelity National Information Services Trading Down 0.5%

FIS opened at $35.95 on Thursday. The firm’s 50 day moving average is $37.99 and its 200-day moving average is $41.26. Fidelity National Information Services has a 52-week low of $32.10 and a 52-week high of $68.98. 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 firm has a market capitalization of $18.58 billion, a P/E ratio of 5.52, a P/E/G ratio of 0.38 and a beta of 0.81.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.01. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business’s quarterly revenue was up 29.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.36 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.150-6.240 EPS and its Q3 2026 guidance at 1.580-1.620 EPS. Analysts expect that Fidelity National Information Services will post 6.20 EPS for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Friday, September 11th. Fidelity National Information Services’s dividend payout ratio is 27.04%.

Insider Buying and Selling at Fidelity National Information Services

In related news, Director Jeffrey Goldstein purchased 1,585 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was acquired at an average price of $36.40 per share, with a total value of $57,694.00. Following the completion of the transaction, the director owned 18,697 shares of the company’s stock, valued at $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.28% of the company’s stock.

Institutional Trading of Fidelity National Information Services

Several institutional investors have recently added to or reduced their stakes in the stock. SteelPeak Wealth LLC raised its holdings in Fidelity National Information Services by 15.8% in the third quarter. SteelPeak Wealth LLC now owns 8,751 shares of the information technology services provider’s stock valued at $288,000 after acquiring an additional 1,197 shares in the last quarter. Frank Rimerman Advisors LLC bought a new stake in shares of Fidelity National Information Services in the 3rd quarter worth about $366,000. Vontobel Holding Ltd. increased its position in shares of Fidelity National Information Services by 73.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 20,217 shares of the information technology services provider’s stock worth $665,000 after purchasing an additional 8,533 shares during the last quarter. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Fidelity National Information Services in the 3rd quarter worth about $35,000. Finally, Cantor Fitzgerald Investment Advisors L.P. raised its stake in shares of Fidelity National Information Services by 3.1% in the 3rd quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 337,081 shares of the information technology services provider’s stock valued at $11,090,000 after purchasing an additional 10,168 shares in the last quarter. 96.23% of the stock is owned by institutional investors and hedge funds.

Fidelity National Information Services News Summary

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

Positive Sentiment: Bank of America initiated coverage with a Buy rating and a $42 price target, implying potential upside and adding a bullish institutional view. Bank of America coverage details
Positive Sentiment: FIS and Anthropic made the FIS AML Investigations Agent commercially available to U.S. banks. The AI tool is designed to help financial institutions manage money-laundering investigations, potentially creating a new growth opportunity and strengthening FIS’s competitive position in banking technology. FIS and Anthropic launch AML investigations agent
Positive Sentiment: A Zacks analysis cited rising free cash flow, expanding margins and acquisition synergies as possible catalysts for a rebound after the stock’s steep decline. Zacks FIS rebound analysis
Neutral Sentiment: Cantor Fitzgerald lowered its target from $50 to $45 but maintained an Overweight rating, while Citigroup cut its target from $45 to $39 and moved to Neutral. The revisions reduce expectations but still leave analysts’ targets above the current trading level.
Negative Sentiment: Susquehanna also reduced its price target, to $37. The cluster of target cuts suggests analysts remain cautious about FIS’s near-term earnings outlook and valuation, contributing to pressure on the shares. Susquehanna cuts FIS price target

About Fidelity National Information Services

(Get Free Report)

Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, payments, and transaction-processing solutions to financial institutions, businesses, and other organizations. Its offerings help clients manage banking operations, digital accounts, payments, risk, compliance, and customer relationships.

FIS provides core processing and digital banking platforms, payment processing and merchant solutions, fraud and security tools, and technology for lending, wealth management, and capital markets.