Fidelity National Information Services (NYSE:FIS) Given New $42.00 Price Target at Keefe, Bruyette & Woods

Posted by Brian Himes on Nov 6th, 2026

Fidelity National Information Services (NYSE:FIS – Free Report) had its price target lowered by Keefe, Bruyette & Woods from $50.00 to $42.00 in a research report report published on Thursday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the information technology services provider’s stock.

A number of other analysts have also issued reports on the company. Robert W. Baird cut their target price on Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating on the stock in a research report on Friday, September 25th. Susquehanna lowered their price target on Fidelity National Information Services from $46.00 to $37.00 and set a “neutral” rating for the company in a research report on Tuesday, October 13th. Cantor Fitzgerald dropped their price objective on Fidelity National Information Services from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, October 16th. Oppenheimer cut Fidelity National Information Services from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, September 29th. Nine research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $42.88.

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Fidelity National Information Services Price Performance

Shares of FIS opened at $29.40 on Thursday. The firm has a 50-day simple moving average of $36.47 and a two-hundred day simple moving average of $43.31. The stock has a market cap of $15.20 billion, a PE ratio of 4.39, a P/E/G ratio of 0.36 and a beta of 0.84. Fidelity National Information Services has a 1-year low of $28.86 and a 1-year high of $68.37. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.55 and a quick ratio of 0.53.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The information technology services provider reported $1.61 EPS for the quarter, topping the consensus estimate of $1.60 by $0.01. The firm had revenue of $3.45 billion for the quarter, compared to analyst estimates of $3.43 billion. Fidelity National Information Services had a net margin of 26.77% and a return on equity of 20.42%. The business’s revenue for the quarter was up 27.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.51 EPS. As a group, analysts forecast that Fidelity National Information Services will post 5.96 EPS for the current year.

Fidelity National Information Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 28th. Investors of record on Monday, December 14th will be issued a $0.44 dividend. The ex-dividend date is Monday, December 14th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 6.0%. Fidelity National Information Services’s payout ratio is 27.04%.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The shares were purchased at an average cost of $36.40 per share, with a total value of $57,694.00. Following the purchase, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. This represents a 9.26% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.28% of the company’s stock.

Hedge Funds Weigh In On Fidelity National Information Services

Several institutional investors have recently modified their holdings of FIS. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Fidelity National Information Services in the third quarter valued at $35,000. First Command Advisory Services Inc. grew its stake in Fidelity National Information Services by 362.9% during the 3rd quarter. First Command Advisory Services Inc. now owns 1,134 shares of the information technology services provider’s stock worth $37,000 after purchasing an additional 889 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in Fidelity National Information Services during the 2nd quarter worth $58,000. Bank & Trust Co acquired a new position in Fidelity National Information Services during the 3rd quarter worth $51,000. Finally, Pinnacle Wealth Planning Services Inc. increased its holdings in Fidelity National Information Services by 96.8% during the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 1,976 shares of the information technology services provider’s stock worth $65,000 after purchasing an additional 972 shares during the period. Institutional investors and hedge funds own 96.23% of the company’s stock.

Key Stories Impacting Fidelity National Information Services

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

Positive Sentiment: FIS reported third-quarter adjusted earnings of $1.61 per share, slightly above the $1.60 consensus, while revenue of $3.45 billion also topped expectations and rose 27.1% year over year. FIS Reports Third Quarter 2026 Results
Neutral Sentiment: Some analysts still see potential upside from current levels: TD Cowen maintained a Buy rating with a $38 target, and Goldman Sachs retained Buy with a $35 target. Both firms lowered their targets, however, reflecting a more cautious outlook. TD Cowen recommendations
Negative Sentiment: FIS cut its 2026 adjusted EPS outlook to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also reduced its Banking Solutions revenue-growth forecast to 3.5%–4% from 5%–5.5%, citing delayed client conversions and bank consolidation. FIS Cuts Banking Growth Outlook Amid Project Delays
Negative Sentiment: The company plans to pause share buybacks and limit some M&A as it focuses on deleveraging, reducing a potential source of shareholder returns. FIS Plunges as Fintech Halts Buybacks, Some M&A to Deleverage
Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reduction. FIS Announces CFO Transition
Negative Sentiment: Several firms downgraded FIS or sharply reduced price targets, including Bank of America and RBC; the wave of revisions signals diminished confidence despite targets generally remaining above the cited share price. Bank of America recommendations

About Fidelity National Information Services

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Fidelity National Information Services, Inc (NYSE:FIS) is a global financial technology company that provides software, services and technology infrastructure to banks, financial institutions, merchants and other businesses. Its solutions are designed to support transaction processing, digital banking, payments, risk management and other essential financial operations.

FIS offers core banking and digital banking platforms, card and payment processing services, fraud and financial crime prevention tools, and technologies that help financial institutions manage accounts, lending and other banking activities.