Fidelity National Information Services (NYSE:FIS) Stock Price Target Lowered at TD Cowen

Posted by Francis Steltz on Oct 9th, 2026

Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price target reduced by stock analysts at TD Cowen from $53.00 to $47.00 in a report released on Friday, Benzinga reports. The firm presently has a “buy” rating on the information technology services provider’s stock. TD Cowen’s target price would suggest a potential upside of 37.20% from the company’s current price.

Several other equities research analysts also recently issued reports on the stock. Piper Sandler initiated coverage on shares of Fidelity National Information Services in a research note on Friday, September 11th. They set a “neutral” rating and a $42.00 price objective for the company. Wells Fargo & Company reissued an “equal weight” rating and set a $46.00 price objective (down from $58.00) on shares of Fidelity National Information Services in a report on Tuesday, August 25th. National Bank Financial set a $50.00 price target on shares of Fidelity National Information Services in a research report on Monday, August 10th. Robert W. Baird lowered their price target 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 Friday, September 25th. Finally, Citigroup dropped 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 Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $52.28.

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Fidelity National Information Services Stock Down 0.2%

Shares of FIS traded down $0.08 on Friday, hitting $34.26. The company’s stock had a trading volume of 667,674 shares, compared to its average volume of 6,045,640. 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’s fifty day moving average price is $39.01 and its 200-day moving average price is $41.76. Fidelity National Information Services has a fifty-two week low of $32.10 and a fifty-two week high of $69.04. The firm has a market capitalization of $17.71 billion, a price-to-earnings ratio of 5.26, a P/E/G ratio of 0.36 and a beta of 0.81.

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 for the quarter, beating analysts’ consensus estimates of $1.47 by $0.01. The firm had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.38 billion. Fidelity National Information Services had a return on equity of 20.95% and a net margin of 27.64%.The company’s revenue was up 29.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.36 EPS. 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. On average, equities research analysts expect that Fidelity National Information Services will post 6.2 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Fidelity National Information Services in the 2nd quarter valued at $1,730,200,000. Baupost Group LLC MA boosted its stake in Fidelity National Information Services by 18.8% during the 4th quarter. Baupost Group LLC MA now owns 4,503,801 shares of the information technology services provider’s stock valued at $299,323,000 after purchasing an additional 714,090 shares during the period. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Fidelity National Information Services during the 2nd quarter valued at about $219,162,000. Bank of America Corp DE bought a new stake in shares of Fidelity National Information Services in the second quarter valued at about $189,387,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Fidelity National Information Services by 228.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,015,663 shares of the information technology services provider’s stock valued at $141,465,000 after acquiring an additional 2,098,139 shares during the period. Hedge funds and other institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services Company Profile

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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.