Fidelity National Information Services

FIS · NYSE

$36.43+$0.45 (+1.25%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $35.98

FIS analyst rating

HoldConsensus of 20 analysts over the last 12 months. 40% rate it a buy.

Strong buy0
Buy8
Hold12
Underperform0
Sell0

12-month price target · 26 analysts

Average $50.31 (+38.1% upside)

Low: $37.37
Now: $36.43
High: $75.96

Upgrades and downgrades

The latest rating actions, newest first

FIS analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Citigroup	Oct 16, 2026	Maintains	Neutral	$45.00 → $39.00	64%
Cantor Fitzgerald	Oct 16, 2026	Maintains	Overweight	$50.00 → $45.00	49%
Susquehanna	Oct 13, 2026	Maintains	Neutral	$46.00 → $37.00	42%
Goldman Sachs	Oct 13, 2026	Maintains	Buy	$52.00 → $44.00	52%
TD Cowen	Oct 9, 2026	Maintains	Buy	$53.00 → $47.00	85%
Barclays	Oct 9, 2026	Maintains	Equal-Weight	$43.00 → $38.00	49%
Deutsche Bank	Sep 29, 2026	Maintains	Hold	$45.00 → $40.00	31%
Baird	Sep 25, 2026	Maintains	Neutral	$48.00 → $45.00	66%
Piper Sandler	Sep 11, 2026	Initiates	Neutral	$42.00	72%
TD Cowen	Aug 26, 2026	Maintains	Buy	$58.00 → $53.00	52%

The case for and against

Updated Jan 26, 2026

Bull case

Fidelity National Information Services has demonstrated a rebound in business activity to levels seen in the first quarter, alongside robust new sales activity that supports a positive outlook for growth in the latter half of the year. Management's adjusted EBITDA margin outlook indicates an expected year-over-year margin expansion of approximately 150 basis points in the fourth quarter, reflecting improved operational efficiency. Additionally, the company's strong visibility in the Banking segment, combined with a rebound in capital markets activity, reinforces confidence in its financial guidance for the second half of the year.

Bear case

Fidelity National Information Services (FIS) is facing a negative outlook primarily due to weaker than expected EBITDA margins, which are anticipated to be steeper than the market had predicted for the fourth quarter. Additionally, significant risk factors such as intense competition, challenges related to acquisition integration, ongoing consolidation in the banking industry, and potential macroeconomic weaknesses pose further threats to the company's financial performance. These elements collectively suggest a detrimental impact on both FIS's top-line growth and overall stability within the technology spending landscape of the banking sector.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.