Piper Sandler Has Lowered Expectations for Fidelity National Information Services (NYSE:FIS) Stock Price

Posted by Geri Gentry on Nov 5th, 2026

Fidelity National Information Services (NYSE:FIS – Get Free Report) had its price objective reduced by research analysts at Piper Sandler from $42.00 to $31.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the information technology services provider’s stock. Piper Sandler‘s target price would suggest a potential upside of 3.38% from the company’s previous close.

Other equities analysts have also issued reports about the stock. Stephens started coverage on shares of Fidelity National Information Services in a research report on Tuesday, August 11th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on Fidelity National Information Services from $45.00 to $40.00 and set a “hold” rating on the stock in a research report on Tuesday, September 29th. JPMorgan Chase & Co. lowered shares of Fidelity National Information Services from an “overweight” rating to a “neutral” rating and set a $38.00 target price on the stock. in a report on Wednesday. Susquehanna cut their target price on Fidelity National Information Services from $37.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, National Bank Financial set a $46.00 price objective on shares of Fidelity National Information Services in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $44.28.

Get Our Latest Stock Analysis on FIS

Fidelity National Information Services Price Performance

Shares of NYSE FIS traded up $0.23 during trading on Thursday, reaching $29.99. The company had a trading volume of 7,318,320 shares, compared to its average volume of 6,202,208. Fidelity National Information Services has a 52 week low of $28.87 and a 52 week high of $68.37. The business’s 50 day moving average price is $36.70 and its 200-day moving average price is $43.48. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.53 and a current ratio of 0.53. The stock has a market cap of $15.50 billion, a PE ratio of 4.58, a PEG ratio of 0.46 and a beta of 0.84.

Fidelity National Information Services (NYSE:FIS – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The information technology services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.01. The company had revenue of $3.45 billion during the quarter, compared to analyst estimates of $3.43 billion. Fidelity National Information Services had a net margin of 27.64% and a return on equity of 20.95%. The firm’s revenue was up 27.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.51 EPS. Analysts expect that Fidelity National Information Services will post 6.20 earnings per share for the current year.

Insider Buying and Selling at Fidelity National Information Services

In other Fidelity National Information Services news, Director Jeffrey Goldstein bought 1,585 shares of Fidelity National Information Services stock in a transaction dated Thursday, October 15th. The stock was bought at an average cost of $36.40 per share, with a total value of $57,694.00. Following the completion of the acquisition, the director directly owned 18,697 shares in the company, valued at approximately $680,570.80. The trade was a 9.26% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FIS. Azzad Asset Management Inc. ADV lifted its stake in shares of Fidelity National Information Services by 2.0% during the 1st quarter. Azzad Asset Management Inc. ADV now owns 12,598 shares of the information technology services provider’s stock valued at $591,000 after buying an additional 250 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Fidelity National Information Services by 4.8% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,316 shares of the information technology services provider’s stock valued at $246,000 after acquiring an additional 290 shares during the period. Signaturefd LLC raised its holdings in Fidelity National Information Services by 4.7% during the 3rd quarter. Signaturefd LLC now owns 6,802 shares of the information technology services provider’s stock valued at $224,000 after acquiring an additional 303 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Fidelity National Information Services by 0.3% during the first quarter. Bleakley Financial Group LLC now owns 115,095 shares of the information technology services provider’s stock worth $5,399,000 after acquiring an additional 328 shares in the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Fidelity National Information Services by 4.7% during the third quarter. GAMMA Investing LLC now owns 7,772 shares of the information technology services provider’s stock worth $256,000 after acquiring an additional 349 shares in the last quarter. Institutional investors own 96.23% of the company’s stock.

Fidelity National Information Services News Summary

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

Positive Sentiment: FIS reported third-quarter adjusted EPS of $1.61 versus $1.60 expected and revenue of $3.45 billion versus $3.43 billion expected. Revenue rose 27.1% year over year, with banking demand supporting results. FIS Reports Third Quarter 2026 Results
Neutral Sentiment: Shareholder law firms announced investigations following FIS’s outlook reduction. These are investigations, not findings of wrongdoing, but may add uncertainty for investors. Investigation notice
Negative Sentiment: FIS lowered its 2026 adjusted EPS forecast to $5.82–$5.89, below the roughly $6.20 analyst estimate. It also cut its banking-solutions revenue growth outlook to 3.5%–4% from 5%–5.5%, citing delayed client conversions and project timing; the company also flagged a soft fourth-quarter outlook. FIS Cuts Banking Growth Outlook Amid Project Delays
Negative Sentiment: CFO James Kehoe is stepping down, with Alexandra Brooks named interim CFO. The leadership change adds uncertainty amid the outlook reset. FIS CFO transition announcement
Negative Sentiment: Reports say FIS is delaying share buybacks and some M&A as it focuses on reducing debt, potentially postponing capital returns. Multiple firms also cut ratings or price targets, including BofA, JPMorgan and RBC, reinforcing investor concerns. FIS delays buybacks and some M&A BofA downgrade

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, 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.