Fidelity National Information Services (NYSE:FIS) Releases Q2 2026 Earnings Guidance
by Scott Moore · The Cerbat GemFidelity National Information Services (NYSE:FIS – Get Free Report) updated its second quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.450-1.490 for the period, compared to the consensus earnings per share estimate of 1.490. The company issued revenue guidance of $3.4 billion-$3.4 billion, compared to the consensus revenue estimate of $3.4 billion. Fidelity National Information Services also updated its FY 2026 guidance to 6.220-6.320 EPS.
Analyst Ratings Changes
A number of research firms have recently weighed in on FIS. Argus dropped their target price on shares of Fidelity National Information Services from $92.00 to $65.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Truist Financial lowered their price target on Fidelity National Information Services from $57.00 to $50.00 and set a “hold” rating for the company in a research report on Friday, April 24th. Cantor Fitzgerald assumed coverage on Fidelity National Information Services in a report on Tuesday, January 27th. They issued an “overweight” rating and a $72.00 price objective for the company. TD Cowen cut their price objective on Fidelity National Information Services from $89.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, February 25th. Finally, Citigroup reduced their target price on Fidelity National Information Services from $70.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Fidelity National Information Services currently has an average rating of “Moderate Buy” and an average price target of $67.10.
View Our Latest Analysis on FIS
Fidelity National Information Services Trading Down 5.8%
Shares of FIS traded down $2.73 during trading hours on Friday, reaching $44.52. 5,382,358 shares of the company traded hands, compared to its average volume of 5,524,181. Fidelity National Information Services has a 12 month low of $43.29 and a 12 month high of $82.74. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.65. The company’s fifty day moving average price is $48.06 and its two-hundred day moving average price is $57.04. The company has a market capitalization of $23.01 billion, a price-to-earnings ratio of 60.99, a price-to-earnings-growth ratio of 0.45 and a beta of 0.82.
Fidelity National Information Services (NYSE:FIS – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The information technology services provider reported $1.36 EPS for the quarter, topping the consensus estimate of $1.28 by $0.08. The business had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.28 billion. Fidelity National Information Services had a net margin of 3.58% and a return on equity of 21.21%. Fidelity National Information Services’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same period last year, the business posted $1.21 earnings per share. Fidelity National Information Services has set its FY 2026 guidance at 6.220-6.320 EPS and its Q2 2026 guidance at 1.450-1.490 EPS. Equities research analysts predict that Fidelity National Information Services will post 6.27 earnings per share for the current fiscal year.
Fidelity National Information Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, June 11th. This represents a $1.76 annualized dividend and a dividend yield of 4.0%. Fidelity National Information Services’s payout ratio is currently 241.10%.
Insiders Place Their Bets
In other news, CEO Stephanie Ferris acquired 19,846 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was acquired at an average price of $50.39 per share, for a total transaction of $1,000,039.94. Following the completion of the acquisition, the chief executive officer owned 281,458 shares in the company, valued at $14,182,668.62. This trade represents a 7.59% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by insiders.
Key Stories Impacting Fidelity National Information Services
Here are the key news stories impacting Fidelity National Information Services this week:
- Positive Sentiment: Q1 beats and execution: FIS posted EPS $1.36 vs. $1.28 est and ~30% YoY revenue growth with margin expansion and strong cash generation — a near-term earnings beat that supports the recovery thesis. FIS Reports First Quarter 2026 Results and Reiterates Full-Year Outlook
- Positive Sentiment: Clear cash-flow targets: Management reiterated 2026 free cash flow guidance of $2.1B and is targeting >$3B by 2028, linking the upside to deploying Anthropic AI agents — a strategic roadmap that could materially improve margins and FCF over several years. FIS reiterates 2026 outlook for $2.1B free cash flow while targeting >$3B by 2028
- Positive Sentiment: AI partnership validation: Coverage highlights the Anthropic collaboration as a potential structural lever to build AI infrastructure for banking clients — supportive for longer-term revenue mix and competitive positioning. FIS And Anthropic Signal A New Era Of AI Infrastructure In Banking
- Neutral Sentiment: Call transcript / guidance detail: The earnings call offers management commentary and execution detail (slides and transcript available) that investors should read for cadence on client wins, timing of AI rollouts, and cadence of FCF ramp. Key details will drive sentiment going forward. FIS Q1 2026 Earnings Call Transcript
- Negative Sentiment: Market reaction & technicals: Despite the beat, the stock is trading down and has underperformed peers recently; shares sit below the 50- and 200-day averages and near the 52-week low, which can amplify selling pressure from momentum and quant funds. Fidelity National Information Services Inc. stock underperforms
- Negative Sentiment: Valuation and near-term skepticism: FIS still trades at a high P/E relative to visible near-term earnings growth, so investors are weighing execution risk on the multi-year AI payoff versus current price — leading some Wall Street commentary to remain mixed. Fidelity National stock: Is Wall Street bullish or bearish?
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Kemnay Advisory Services Inc. purchased a new position in Fidelity National Information Services during the 4th quarter valued at about $42,000. DV Equities LLC purchased a new stake in Fidelity National Information Services in the fourth quarter worth about $48,000. Geneos Wealth Management Inc. increased its stake in shares of Fidelity National Information Services by 70.1% during the first quarter. Geneos Wealth Management Inc. now owns 1,046 shares of the information technology services provider’s stock valued at $78,000 after purchasing an additional 431 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Fidelity National Information Services during the second quarter valued at approximately $127,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Fidelity National Information Services in the 4th quarter worth approximately $148,000. 96.23% of the stock is currently owned by institutional investors.
Fidelity National Information Services Company Profile
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.