Fidelity National Information

Shares of Fidelity National Information Services fell in premarket trading after Wells Fargo cut its rating from “Overweight” to “Equal Weight” and set a $46 price target. Analysts revised their views following a weaker outlook: FIS slightly beat consensus on adjusted EPS in Q2 but lowered forecasts for capital-markets growth and trimmed full-year revenue and adjusted EPS targets. Several banks cut price targets; only Wolfe Research remained positive with a slightly raised target, which did not offset the stock’s weakness. The shares trade near their 52-week low and are weighed down by a negative company-specific outlook despite a positive broader market. » More on de.investing.com

Fidelity National Information Services shares tumbled about 9.4% premarket after the company released its Q2‑2026 results, which apparently missed expectations and/or the outlook. Analysts had expected $1.47 earnings per share and roughly $3.38 billion in revenue. Weighing on the stock are high gross debt following the acquisition of the Issuer‑Solutions business from Global Payments and the announcement to suspend share buybacks until a leverage target of 2.8x is reached; Truist cut its price target to $43 shortly before the results and kept its rating at “hold.” » More on de.investing.com

Analysts' compiled median price target for Fidelity National Information Services is $56, implying about 46% upside from current levels. Bernstein reiterated a Hold while Truist cut its target to $45 citing lower fiscal 2027 forecasts despite higher Q2 estimates. The company recently launched FIS Digital Wealth in partnership with InvestCloud as it continues to pursue small acquisitions and product expansion. » More on finance.yahoo.com