TD Cowen Cuts Fidelity National Information Services (NYSE:FIS) Price Target to $58.00

Posted by Geri Gentry on Aug 8th, 2026

Fidelity National Information Services (NYSE:FIS – Free Report) had its price objective trimmed by TD Cowen from $62.00 to $58.00 in a research report report published on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the information technology services provider’s stock.

Other analysts have also issued reports about the company. Royal Bank Of Canada lowered their price objective on Fidelity National Information Services from $57.00 to $53.00 and set an “outperform” rating for the company in a report on Wednesday. Wall Street Zen downgraded Fidelity National Information Services from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Morgan Stanley assumed coverage on Fidelity National Information Services in a research report on Tuesday, July 7th. They issued an “equal weight” rating and a $47.00 target price for the company. UBS Group reissued a “neutral” rating and set a $49.00 price target (down from $63.00) on shares of Fidelity National Information Services in a research report on Wednesday. Finally, Citigroup decreased their price objective on shares of Fidelity National Information Services from $48.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $56.55.

View Our Latest Analysis on FIS

Fidelity National Information Services Price Performance

Shares of FIS stock opened at $42.78 on Wednesday. The firm has a fifty day moving average of $41.14 and a two-hundred day moving average of $45.98. The firm has a market cap of $22.11 billion, a P/E ratio of 6.57, a P/E/G ratio of 0.42 and a beta of 0.77. Fidelity National Information Services has a 1-year low of $37.42 and a 1-year high of $72.91. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.53 and a quick ratio of 0.59.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its earnings results on Tuesday, August 4th. The information technology services provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the prior year, the business posted $1.36 EPS. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. 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. As a group, research analysts anticipate that Fidelity National Information Services will post 6.2 earnings per share for the current fiscal year.

Fidelity National Information Services Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, September 11th. Fidelity National Information Services’s payout ratio is 27.04%.

Hedge Funds Weigh In On Fidelity National Information Services

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC raised its stake in Fidelity National Information Services by 100.5% during the 4th quarter. Salomon & Ludwin LLC now owns 387 shares of the information technology services provider’s stock valued at $26,000 after acquiring an additional 194 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Fidelity National Information Services by 251.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 506 shares of the information technology services provider’s stock worth $34,000 after purchasing an additional 362 shares during the last quarter. Reflection Asset Management bought a new position in shares of Fidelity National Information Services in the fourth quarter valued at $34,000. Kemnay Advisory Services Inc. acquired a new position in shares of Fidelity National Information Services in the fourth quarter worth about $42,000. Finally, MBM Wealth Consultants LLC purchased a new position in Fidelity National Information Services during the 1st quarter worth approximately $33,000. 96.23% of the stock is owned by institutional investors.

About Fidelity National Information Services

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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.