Fidelity National Information Services, Inc. (FIS) provides financial technology solutions, including banking software, payment processing, and capital markets services to institutions worldwide. Headquartered in Jacksonville, Florida, it supports core processing, transaction systems, risk management, and digital channels for seamless operations. The company has a market capitalization of $26.49 billion, making it a “cap” stock.
FIS shares hit a 52-week low of $46.16 on Feb. 12, but up 11.8% from that level. Due to broader market volatility and industry challenges in financial services technology, the stock has come under pressure. Over the past three months, FIS stock has fallen by 20.8%. The broader technology sector, as represented by the State Street Technology Select Sector SPDR ETF (XLK), fell 5.6% over the same period. Therefore, the company’s stock is currently underperforming in its sector.
The stock is down 27.6% over the past 52 weeks and 22.3% year to date (YTD). On the other hand, the Technology Select Sector ETF has gained 27.9% over the past 52 weeks but declined 2.9% YTD. The stock has been trading below its 50-day moving average since mid-January 2026 and lower than its 200-day moving average since late July 2025.
In January, FIS completed the acquisition of Global Payments’ Issuer Solutions business for an enterprise value of $13.5 billion (including $12 billion of net purchase price and $1.5 billion of current tax assets). The offerings from the business are integrated into the product portfolio of FIS Total Issuing Solutions. This expands the company’s product offering by adding credit processing, fraud detection, and other banking services. At the same time, FIS sold its remaining minority stake in Worldpay to Global Payments.
Last year, FIS’ consolidated revenue grew 5% year-over-year (YOY) to $10.68 billion, while adjusted EBITDA also increased 5% from the previous year to $4.33 billion. For the current year, Wall Street analysts expect the company’s EPS to grow 9% YOY to $6.27 on a diluted basis, followed by an 11% improvement to $6.96 in 2027.
We compare the performance of FIS to another IT services stock, Broadridge Financial Solutions, Inc. (BR), which is down 21.6% over the past 52 weeks and down 15.3% YTD. Therefore, FIS performed below BR’s expectations in these periods.
Wall Street analysts have a neutral position on FIS stock. The stock has a consensus rating of “Moderate Buy” from the 27 analysts that cover it. The average price target of $66.73 implies a 29.3% upside from current levels. Furthermore, the street high price of $85 shows a 64.7% upside.
As of the date of publication, Anushka Dutta had no (directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is for informational purposes only. This article was originally published on Barchart.com
