Analyst Consensus ?
ConsensusBuy35 ratings
Bullish2057.1%
Neutral1440.0%
Bearish12.9%
1 unmapped firm rating excluded from the percentages.
Fidelity National Information Services, Inc. · FIS · FY2024 Q4 · Calendar Q1 2025
FIS: Digital growth and cross-sell support a confident 2025 plan
The supplied analysis supports a cautiously constructive thesis: recurring digital growth, cross-sell, commercial lending, and office-of-the-CFO expansion could support earnings growth, but the case depends on execution through the Worldpay separation, cash-conversion pressure, and recent M&A integration.
Reported Before market openNYSETechnology
$19.35B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.35
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $2.63B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-11.5%
Event window
SPY move
+0.1%
Same window
Abnormal move
-11.6%
Stock minus SPY
Volume
8.6×
Versus trailing sessions
Subsequent drift
-6.9%
Up to 20 sessions
FISSPY benchmark
Ask FN2 about FIS FY2024 Q4
Transcript, numbers and history already loaded
What drove FIS's -11.5% move after FY2024 Q4 earnings?What changed in FIS's guidance and outlook in FY2024 Q4?Give me the bull and bear case for FIS after FY2024 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior analysis, the focus shifted from a raised outlook and temporary CapEx pressure to execution of the 2025 plan: Treasury GPT and new partnerships were highlighted, while Worldpay separation, cash conversion, the prior outage, and M&A integration became explicit concerns.
Guidance delta
Management's guidance sentiment was maintained in the current analysis, following a prior-quarter increase; the current summary points to 2025 revenue growth of 4.6%-5.2% and margin expansion of 40-45 basis points.
Key takeaways
- Digital sales and Amplify cross-sell were identified as important higher-margin growth drivers.
- Management highlighted commercial lending and the office-of-the-CFO market as longer-term opportunities.
- Treasury GPT, partnerships, and acquisitions broaden the product set but add execution demands.
- Capital returns and continued product investment remain central to the plan.
Management priorities
- Scale digital banking, payments, commercial lending, and office-of-the-CFO offerings.
- Roll out Treasury GPT and deepen partnerships, including with Affirm and Microsoft.
- Deploy planned capital to acquisitions while integrating recent deals.
- Continue product development and shareholder returns.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$37.53Current
$37Low
$85.77Average
$160High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Truist Securities | Hold | Hold | Maintain | Oct 23, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Oct 16, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Oct 16, 2026 |
| Susquehanna | Neutral | Neutral | Maintain | Oct 13, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Oct 13, 2026 |
| TD Cowen | Buy | Buy | Maintain | Oct 9, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Oct 9, 2026 |
| Deutsche Bank | Hold | Hold | Maintain | Sep 29, 2026 |
| Baird | Neutral | Neutral | Maintain | Sep 25, 2026 |
| Wolfe Research | Outperform | Outperform | Maintain | Aug 25, 2026 |
| Wells Fargo | Equal Weight | Overweight | Downgrade | Aug 25, 2026 |
| UBS | Neutral | Buy | Downgrade | Aug 5, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Aug 5, 2026 |
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Aug 5, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Feb 12, 2026 |
| Stephens & Co. | Overweight | Overweight | Maintain | May 7, 2025 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Feb 12, 2025 |
| Compass Point | Buy | Buy | Maintain | Feb 12, 2025 |
| Exane BNP Paribas | Underperform | Neutral | Downgrade | Nov 20, 2024 |
| Mizuho | Outperform | Outperform | Maintain | Nov 5, 2024 |
| Jefferies | Hold | Hold | Maintain | Oct 16, 2024 |
| B of A Securities | Buy | Buy | Maintain | Sep 17, 2024 |
| Wedbush | Outperform | Outperform | Maintain | May 8, 2024 |
| Evercore ISI Group | In Line | In Line | Maintain | May 7, 2024 |
| Raymond James | Strong Buy | Strong Buy | Maintain | Nov 8, 2023 |
| Atlantic Equities | Overweight | Neutral | Upgrade | Jul 12, 2023 |
| Credit Suisse | Neutral | Outperform | Downgrade | Feb 14, 2023 |
| Keybanc | Overweight | Downgrade | Jan 9, 2023 | |
| Oppenheimer | Perform | Outperform | Downgrade | Nov 4, 2022 |
| Rosenblatt | Neutral | Neutral | Maintain | Feb 16, 2022 |
| SunTrust Robinson Humphrey | Buy | Buy | Maintain | May 8, 2020 |
| Canaccord Genuity | Buy | Buy | Maintain | Feb 14, 2020 |
| Bank of America | Buy | Buy | Maintain | May 21, 2019 |
| BMO Capital | Outperform | Outperform | Maintain | Feb 7, 2018 |
| Avondale Partners | Market Outperform | Market Outperform | Maintain | May 29, 2016 |
| Sterne Agee | Buy | Neutral | Upgrade | May 11, 2016 |
Named analyst price targets
Upside is calculated against the persisted current price $37.53. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Truist Financial | Matthew Coad | $37 | $38.29 | -1.4% | Oct 23, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $45 | $35.93 | +19.9% | Oct 16, 2026 |
| National Bank | Ramsey El-Assal | $45 | $36.13 | +19.9% | Oct 16, 2026 |
| Goldman Sachs | Analyst unavailable | $44 | $34.26 | +17.2% | Oct 13, 2026 |
| Susquehanna | James Friedman | $37 | $34.26 | -1.4% | Oct 13, 2026 |
| Barclays | Nik Cremo | $38 | $34.34 | +1.3% | Oct 9, 2026 |
| Deutsche Bank | Analyst unavailable | $40 | $33.7 | +6.6% | Sep 29, 2026 |
| Robert W. Baird | David Koning | $45 | $35.01 | +19.9% | Sep 25, 2026 |
| Piper Sandler | Analyst unavailable | $42 | $38.52 | +11.9% | Sep 10, 2026 |
| Wolfe Research | Darrin Peller | $54 | $41.4 | +43.9% | Aug 25, 2026 |
| Wells Fargo | Analyst unavailable | $46 | $41.4 | +22.6% | Aug 25, 2026 |
| National Bank | Ramsey El-Assal | $50 | $42.48 | +33.2% | Aug 10, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $50 | $42.77 | +33.2% | Aug 10, 2026 |
| Morgan Stanley | Analyst unavailable | $46 | $43.01 | +22.6% | Aug 5, 2026 |
| RBC Capital | Analyst unavailable | $53 | $44.26 | +41.2% | Aug 5, 2026 |
| Barclays | Nik Cremo | $43 | $44.26 | +14.6% | Aug 5, 2026 |
| UBS | Analyst unavailable | $49 | $44.26 | +30.6% | Aug 5, 2026 |
| Robert W. Baird | Analyst unavailable | $48 | $44.26 | +27.9% | Aug 4, 2026 |
| Truist Financial | Analyst unavailable | $43 | $40.05 | +14.6% | Jul 24, 2026 |
| Barclays | Analyst unavailable | $44 | $42.6 | +17.2% | Jul 8, 2026 |
| Morgan Stanley | James Faucette | $47 | $41.27 | +25.2% | Jul 7, 2026 |
| Truist Financial | Analyst unavailable | $45 | $42.02 | +19.9% | May 28, 2026 |
| RBC Capital | Analyst unavailable | $57 | $41.71 | +51.9% | May 11, 2026 |
| UBS | Analyst unavailable | $63 | $42.36 | +67.9% | May 11, 2026 |
| Goldman Sachs | Analyst unavailable | $57 | $43.5 | +51.9% | May 11, 2026 |
| Truist Financial | Analyst unavailable | $50 | $45.41 | +33.2% | Apr 24, 2026 |
| Goldman Sachs | Analyst unavailable | $70 | $51.62 | +86.5% | Mar 9, 2026 |
| Robert W. Baird | Analyst unavailable | $54 | $48.64 | +43.9% | Feb 25, 2026 |
| RBC Capital | Daniel Perlin | $69 | $48.11 | +83.9% | Feb 24, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $72 | $59.1 | +91.8% | Jan 26, 2026 |
| Truist Financial | Analyst unavailable | $69 | $61.91 | +83.9% | Jan 20, 2026 |
| Stephens | Analyst unavailable | $85 | $62.81 | +126.5% | Jan 16, 2026 |
| Deutsche Bank | Nate Svensson | $70 | $63.98 | +86.5% | Jan 15, 2026 |
| Truist Financial | Matthew Coad | $70 | $63.15 | +86.5% | Nov 19, 2025 |
| Susquehanna | James Friedman | $69 | $63.9 | +83.9% | Nov 6, 2025 |
| Truist Financial | Analyst unavailable | $72 | $67.52 | +91.8% | Oct 24, 2025 |
| Wells Fargo | Jason Kupferberg | $81 | $67.7 | +115.8% | Oct 21, 2025 |
| UBS | Analyst unavailable | $82 | $65.78 | +118.5% | Sep 30, 2025 |
| UBS | Timothy Chiodo | $84 | $75.89 | +123.8% | May 7, 2025 |
| National Bank | Bryan Bergin | $86 | $86.79 | +129.2% | Nov 5, 2024 |
| Wolfe Research | Darrin Peller | $100 | $86.75 | +166.5% | Oct 14, 2024 |
| Barclays | Ramsey El-Assal | $98 | $85.91 | +161.1% | Oct 9, 2024 |
| Bank of America Securities | Jason Kupferberg | $96 | $85.32 | +155.8% | Sep 17, 2024 |
| National Bank | Bryan Bergin | $78 | $76.45 | +107.8% | Aug 7, 2024 |
| RBC Capital | Daniel Perlin | $93 | $77.07 | +147.8% | Jun 14, 2024 |
| Mizuho Securities | Dan Dolev | $85 | $74.05 | +126.5% | May 9, 2024 |
| Barclays | Ramsey El-Assal | $85 | $74.05 | +126.5% | May 9, 2024 |
| Robert W. Baird | David Koning | $82 | $70.45 | +118.5% | May 7, 2024 |
| RBC Capital | Daniel Perlin | $82 | $70.45 | +118.5% | May 7, 2024 |
| National Bank | David Togut | $80 | $70.45 | +113.2% | May 7, 2024 |
| National Bank | David Togut | $75 | $69.44 | +99.8% | Apr 30, 2024 |
| National Bank | Jason Kupferberg | $84 | $70.72 | +123.8% | Apr 16, 2024 |
| Morgan Stanley | James Faucette | $79 | $59.8 | +110.5% | Jul 5, 2023 |
| Susquehanna | James E Friedman | $81 | $54.31 | +115.8% | Jun 15, 2023 |
| Stephens | Charles Nabhan | $75 | $58.59 | +99.8% | Apr 28, 2023 |
| National Bank | Vasundhara Govil | $70 | $67.54 | +86.5% | Feb 14, 2023 |
| Stephens | Charles Nabhan | $80 | $64.82 | +113.2% | Feb 13, 2023 |
| Raymond James | Analyst unavailable | $86 | $69.64 | +129.2% | Dec 16, 2022 |
| Truist Financial | Analyst unavailable | $56 | $67.05 | +49.2% | Nov 29, 2022 |
| Barclays | Ramsey El-Assal | $90 | $60.17 | +139.8% | Nov 6, 2022 |
| Goldman Sachs | Will Nance | $82 | $60.17 | +118.5% | Nov 4, 2022 |
| Stephens | Analyst unavailable | $49 | $79.28 | +30.6% | Sep 26, 2022 |
| National Bank | Josh Beck | $90 | $80.16 | +139.8% | Sep 23, 2022 |
| RBC Capital | Analyst unavailable | $114 | $81.73 | +203.8% | Sep 21, 2022 |
| Robert W. Baird | Analyst unavailable | $122 | $89.34 | +225.1% | Sep 6, 2022 |
| Susquehanna | Analyst unavailable | $160 | $99.22 | +326.3% | Aug 9, 2022 |
| National Bank | Dan Dolev | $120 | $97.97 | +219.7% | Aug 8, 2022 |
| Robert W. Baird | Analyst unavailable | $120 | $96.57 | +219.7% | Aug 5, 2022 |
| Wells Fargo | Jeff Cantwell | $101 | $98.06 | +169.1% | Jul 26, 2022 |
| Oppenheimer | Analyst unavailable | $118 | $99.02 | +214.4% | Jul 25, 2022 |
| Robert W. Baird | Analyst unavailable | $130 | $95.73 | +246.4% | Jul 18, 2022 |
| Truist Financial | Analyst unavailable | $100 | $90.64 | +166.5% | Jun 30, 2022 |
| National Bank | Analyst unavailable | $130 | $97.65 | +246.4% | May 17, 2022 |
| Stephens | Analyst unavailable | $120 | $100.24 | +219.7% | May 4, 2022 |
| National Bank | Analyst unavailable | $114 | $100.3 | +203.8% | May 4, 2022 |
| Raymond James | Analyst unavailable | $146 | $100.12 | +289.0% | May 4, 2022 |
| Rosenblatt Securities | Sean Horgan | $120 | $102.32 | +219.7% | Feb 15, 2022 |
| Citigroup | Ashwin Shirvaikar | $138 | $108.43 | +267.7% | Jan 26, 2022 |
| Deutsche Bank | Bryan Keane | $155 | $108.43 | +313.0% | Jan 26, 2022 |
| Mizuho Securities | Dan Dolev | $150 | $110.2 | +299.7% | Jan 25, 2022 |
| Raymond James | John Davis | $152 | $116.95 | +305.0% | Jan 11, 2022 |
| BNP Paribas | Alexandre Faure | $138 | $115.78 | +267.7% | Jan 10, 2022 |
| Wedbush | Moshe Katri | $130 | $104.12 | +246.4% | Dec 20, 2021 |
| UBS | Rayna Kumar | $136 | $106.27 | +262.4% | Dec 15, 2021 |
| Loop Capital Markets | Hal Goetsch | $139 | $106.28 | +270.4% | Dec 14, 2021 |
| Barclays | Ramsey El Assal | $141 | $106.01 | +275.7% | Dec 7, 2021 |
| RBC Capital | Daniel Perlin | $146 | $106.01 | +289.0% | Dec 7, 2021 |
| Susquehanna | James Friedman | $176 | $106.09 | +369.0% | Dec 6, 2021 |
| Wolfe Research | Darrin Peller | $165 | $102.39 | +339.6% | Dec 3, 2021 |
| Oppenheimer | Dominick Gabriele | $150 | $112.66 | +299.7% | Nov 5, 2021 |
| Truist Financial | Andrew Jeffrey | $155 | $141.46 | +313.0% | Jun 7, 2021 |
Track every rating change on FIS the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationFidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide. The company operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. It provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. The company also offers trading and assets, lending, leveraged and syndicated loan markets, and treasury and risk solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
Historical context
All FIS earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| INFY Infosys Limited | FY2027 Q2 · Calendar Q4 2026 | -4.8% | -6.6% | Infosys trims growth outlook as AI revenue and deal wins accelerate |
| SSNC SS&C Technologies Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.6% | +2.8% | SS&C raises 2026 outlook as AI and tokenization support growth |
| ROP Roper Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +9.7% | Roper raises DEPS outlook as AI adoption expands across portfolio |
| VRSN VeriSign, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.0% | -0.9% | VeriSign reports record registrations as renewal mix becomes a key watchpoint |
| TTMI TTM Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +16.8% | -27.7% | TTM Technologies Q3: Record Growth, Higher Investment, More Deal Risk |
| NOK Nokia Oyj | FY2026 Q3 · Calendar Q4 2026 | +25.0% | -14.8% | Nokia Q3: AI and cloud growth lifts margins as cash flow stays negative |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the FIS recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-28T00:00:20.742579+00:00
- Polygon adjusted daily market bars · 2026-10-25T11:50:46.060066+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T11:50:46.057362+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.