Analyst Consensus ?
ConsensusBuy35 ratings
Bullish2057.1%
Neutral1440.0%
Bearish12.9%
1 unmapped firm rating excluded from the percentages.
Fidelity National Information Services, Inc. · FIS · FY2025 Q3 · Calendar Q4 2025
FIS Q3 2025: Growth, AI Demand and Higher Outlook
The current analysis supports a constructive operating trajectory: growth, resilient banking demand, AI adoption, payments innovation, and raised guidance strengthen the case for continued earnings momentum. The main test is whether acquisition integration, pricing, regulation, and cash-conversion risks limit margin and free-cash-flow progress.
Reported Before market openNYSETechnology
$16.77B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.51
Consensus $1.48
EPS surprise
+2.0%
Reported versus consensus
Reported revenue
$2.94B
Consensus $2.66B
Revenue surprise
+10.2%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+2.5%
Event window
SPY move
+0.3%
Same window
Abnormal move
+2.2%
Stock minus SPY
Volume
1.9×
Versus trailing sessions
Subsequent drift
+1.3%
Up to 20 sessions
FISSPY benchmark
Ask FN2 about FIS FY2025 Q3
Transcript, numbers and history already loaded
Why did FIS rise 2.5% after beating EPS estimates in FY2025 Q3?What changed in FIS's guidance and outlook in FY2025 Q3?Give me the bull and bear case for FIS after FY2025 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, FIS reported stronger Q3 growth, raised its full-year outlook again, added detail on the Credit Issuer Solutions transaction, and emphasized broader AI adoption and bank-consolidation demand.
Guidance delta
Management raised its full-year 2025 revenue, EBITDA, and EPS outlook.
Key takeaways
- Management described 6.3% revenue growth, a 41.8% adjusted EBITDA margin, and 8% adjusted EPS growth.
- Banking delivered mid-to-high-single-digit organic growth, supported by recurring revenue and bank-consolidation demand.
- Acquisitions are intended to add scale and data assets, with Credit Issuer Solutions projected to contribute $500 million to $700 million of free cash flow in 2026.
- Management highlighted more than 140% free-cash-flow conversion in the quarter and maintained a $1.3 billion share-repurchase program.
Management priorities
- Expand AI-enabled banking, support, fraud-detection, and treasury products.
- Extend Money Movement Hub capabilities, including its Circle integration and digital-asset functionality.
- Complete the Credit Issuer Solutions acquisition while continuing to shift the mix toward higher-margin recurring revenue.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$32.44Current
$40Low
$87.2Average
$160High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 5, 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 |
|---|---|---|---|---|
| Deutsche Bank | Hold | Hold | Maintain | Sep 29, 2026 |
| Baird | Neutral | Neutral | Maintain | Sep 25, 2026 |
| TD Cowen | Buy | Buy | Maintain | Aug 26, 2026 |
| Wolfe Research | Outperform | Outperform | Maintain | Aug 25, 2026 |
| Wells Fargo | Equal Weight | Overweight | Downgrade | Aug 25, 2026 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Aug 10, 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 |
| Citigroup | Neutral | Neutral | Maintain | Aug 5, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Aug 5, 2026 |
| Truist Securities | Hold | Hold | Maintain | Jul 24, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | May 11, 2026 |
| Susquehanna | Neutral | Neutral | Maintain | Feb 25, 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 $32.44. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Deutsche Bank | Analyst unavailable | $40 | $33.7 | +23.3% | Sep 29, 2026 |
| Robert W. Baird | David Koning | $45 | $35.01 | +38.7% | Sep 25, 2026 |
| Piper Sandler | Analyst unavailable | $42 | $38.52 | +29.5% | Sep 10, 2026 |
| Wolfe Research | Darrin Peller | $54 | $41.4 | +66.5% | Aug 25, 2026 |
| Wells Fargo | Analyst unavailable | $46 | $41.4 | +41.8% | Aug 25, 2026 |
| National Bank | Ramsey El-Assal | $50 | $42.48 | +54.1% | Aug 10, 2026 |
| Cantor Fitzgerald | Ramsey El-Assal | $50 | $42.77 | +54.1% | Aug 10, 2026 |
| Morgan Stanley | Analyst unavailable | $46 | $43.01 | +41.8% | Aug 5, 2026 |
| RBC Capital | Analyst unavailable | $53 | $44.26 | +63.4% | Aug 5, 2026 |
| Barclays | Nik Cremo | $43 | $44.26 | +32.6% | Aug 5, 2026 |
| UBS | Analyst unavailable | $49 | $44.26 | +51.0% | Aug 5, 2026 |
| Robert W. Baird | Analyst unavailable | $48 | $44.26 | +48.0% | Aug 4, 2026 |
| Truist Financial | Analyst unavailable | $43 | $40.05 | +32.6% | Jul 24, 2026 |
| Barclays | Analyst unavailable | $44 | $42.6 | +35.6% | Jul 8, 2026 |
| Morgan Stanley | James Faucette | $47 | $41.27 | +44.9% | Jul 7, 2026 |
| Truist Financial | Analyst unavailable | $45 | $42.02 | +38.7% | May 28, 2026 |
| RBC Capital | Analyst unavailable | $57 | $41.71 | +75.7% | May 11, 2026 |
| UBS | Analyst unavailable | $63 | $42.36 | +94.2% | May 11, 2026 |
| Goldman Sachs | Analyst unavailable | $57 | $43.5 | +75.7% | May 11, 2026 |
| Truist Financial | Analyst unavailable | $50 | $45.41 | +54.1% | Apr 24, 2026 |
| Goldman Sachs | Analyst unavailable | $70 | $51.62 | +115.8% | Mar 9, 2026 |
| Robert W. Baird | Analyst unavailable | $54 | $48.64 | +66.5% | Feb 25, 2026 |
| RBC Capital | Daniel Perlin | $69 | $48.11 | +112.7% | Feb 24, 2026 |
| Cantor Fitzgerald | Analyst unavailable | $72 | $59.1 | +121.9% | Jan 26, 2026 |
| Truist Financial | Analyst unavailable | $69 | $61.91 | +112.7% | Jan 20, 2026 |
| Stephens | Analyst unavailable | $85 | $62.81 | +162.0% | Jan 16, 2026 |
| Deutsche Bank | Nate Svensson | $70 | $63.98 | +115.8% | Jan 15, 2026 |
| Truist Financial | Matthew Coad | $70 | $63.15 | +115.8% | Nov 19, 2025 |
| Susquehanna | James Friedman | $69 | $63.9 | +112.7% | Nov 6, 2025 |
| Truist Financial | Analyst unavailable | $72 | $67.52 | +121.9% | Oct 24, 2025 |
| Wells Fargo | Jason Kupferberg | $81 | $67.7 | +149.7% | Oct 21, 2025 |
| UBS | Analyst unavailable | $82 | $65.78 | +152.8% | Sep 30, 2025 |
| UBS | Timothy Chiodo | $84 | $75.89 | +158.9% | May 7, 2025 |
| National Bank | Bryan Bergin | $86 | $86.79 | +165.1% | Nov 5, 2024 |
| Wolfe Research | Darrin Peller | $100 | $86.75 | +208.3% | Oct 14, 2024 |
| Barclays | Ramsey El-Assal | $98 | $85.91 | +202.1% | Oct 9, 2024 |
| Bank of America Securities | Jason Kupferberg | $96 | $85.32 | +195.9% | Sep 17, 2024 |
| National Bank | Bryan Bergin | $78 | $76.45 | +140.4% | Aug 7, 2024 |
| RBC Capital | Daniel Perlin | $93 | $77.07 | +186.7% | Jun 14, 2024 |
| Mizuho Securities | Dan Dolev | $85 | $74.05 | +162.0% | May 9, 2024 |
| Barclays | Ramsey El-Assal | $85 | $74.05 | +162.0% | May 9, 2024 |
| Robert W. Baird | David Koning | $82 | $70.45 | +152.8% | May 7, 2024 |
| RBC Capital | Daniel Perlin | $82 | $70.45 | +152.8% | May 7, 2024 |
| National Bank | David Togut | $80 | $70.45 | +146.6% | May 7, 2024 |
| National Bank | David Togut | $75 | $69.44 | +131.2% | Apr 30, 2024 |
| National Bank | Jason Kupferberg | $84 | $70.72 | +158.9% | Apr 16, 2024 |
| Morgan Stanley | James Faucette | $79 | $59.8 | +143.5% | Jul 5, 2023 |
| Susquehanna | James E Friedman | $81 | $54.31 | +149.7% | Jun 15, 2023 |
| Stephens | Charles Nabhan | $75 | $58.59 | +131.2% | Apr 28, 2023 |
| Wells Fargo | Jeff Cantwell | $65 | $67.54 | +100.4% | Feb 14, 2023 |
| Stephens | Charles Nabhan | $80 | $64.82 | +146.6% | Feb 13, 2023 |
| Raymond James | Analyst unavailable | $86 | $69.64 | +165.1% | Dec 16, 2022 |
| Truist Financial | Analyst unavailable | $56 | $67.05 | +72.6% | Nov 29, 2022 |
| Barclays | Ramsey El-Assal | $90 | $60.17 | +177.4% | Nov 6, 2022 |
| Goldman Sachs | Will Nance | $82 | $60.17 | +152.8% | Nov 4, 2022 |
| Stephens | Analyst unavailable | $49 | $79.28 | +51.0% | Sep 26, 2022 |
| National Bank | Josh Beck | $90 | $80.16 | +177.4% | Sep 23, 2022 |
| RBC Capital | Analyst unavailable | $114 | $81.73 | +251.4% | Sep 21, 2022 |
| Robert W. Baird | Analyst unavailable | $122 | $89.34 | +276.1% | Sep 6, 2022 |
| Susquehanna | Analyst unavailable | $160 | $99.22 | +393.2% | Aug 9, 2022 |
| National Bank | Dan Dolev | $120 | $97.97 | +269.9% | Aug 8, 2022 |
| Robert W. Baird | Analyst unavailable | $120 | $96.57 | +269.9% | Aug 5, 2022 |
| Wells Fargo | Jeff Cantwell | $101 | $98.06 | +211.3% | Jul 26, 2022 |
| Oppenheimer | Analyst unavailable | $118 | $99.02 | +263.7% | Jul 25, 2022 |
| Robert W. Baird | Analyst unavailable | $130 | $95.73 | +300.7% | Jul 18, 2022 |
| Truist Financial | Analyst unavailable | $100 | $90.64 | +208.3% | Jun 30, 2022 |
| National Bank | Analyst unavailable | $130 | $97.65 | +300.7% | May 17, 2022 |
| Stephens | Analyst unavailable | $120 | $100.24 | +269.9% | May 4, 2022 |
| National Bank | Analyst unavailable | $114 | $100.3 | +251.4% | May 4, 2022 |
| Raymond James | Analyst unavailable | $146 | $100.12 | +350.1% | May 4, 2022 |
| Rosenblatt Securities | Sean Horgan | $120 | $102.32 | +269.9% | Feb 15, 2022 |
| Citigroup | Ashwin Shirvaikar | $138 | $108.43 | +325.4% | Jan 26, 2022 |
| Deutsche Bank | Bryan Keane | $155 | $108.43 | +377.8% | Jan 26, 2022 |
| Mizuho Securities | Dan Dolev | $150 | $110.2 | +362.4% | Jan 25, 2022 |
| Raymond James | John Davis | $152 | $116.95 | +368.6% | Jan 11, 2022 |
| BNP Paribas | Alexandre Faure | $138 | $115.78 | +325.4% | Jan 10, 2022 |
| Wedbush | Moshe Katri | $130 | $104.12 | +300.7% | Dec 20, 2021 |
| UBS | Rayna Kumar | $136 | $106.27 | +319.2% | Dec 15, 2021 |
| Loop Capital Markets | Hal Goetsch | $139 | $106.28 | +328.5% | Dec 14, 2021 |
| Barclays | Ramsey El Assal | $141 | $106.01 | +334.6% | Dec 7, 2021 |
| RBC Capital | Daniel Perlin | $146 | $106.01 | +350.1% | Dec 7, 2021 |
| Susquehanna | James Friedman | $176 | $106.09 | +442.5% | Dec 6, 2021 |
| Wolfe Research | Darrin Peller | $165 | $102.39 | +408.6% | Dec 3, 2021 |
| Oppenheimer | Dominick Gabriele | $150 | $112.66 | +362.4% | Nov 5, 2021 |
| Truist Financial | Andrew Jeffrey | $155 | $141.46 | +377.8% | 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 |
|---|---|---|---|---|
| ACN Accenture plc | FY2026 Q4 · Calendar Q4 2026 | +3.5% | +15.8% | Accenture: AI demand supports strong Q4, while pricing and geopolitics remain risks |
| JBL Jabil Inc. | FY2026 Q4 · Calendar Q3 2026 | +8.1% | -10.0% | Jabil enters FY2027 with AI-led growth and capacity risks |
| MU Micron Technology, Inc. | FY2026 Q4 · Calendar Q3 2026 | +5.4% | +0.0% | Micron: Strong AI Memory Demand, Higher Capex, and HBM4E Ahead |
| SNX TD Synnex Corp | FY2026 Q3 · Calendar Q3 2026 | +20.9% | -9.9% | TD SYNNEX: AI-led growth accelerates, but mix and cash flow matter |
| ADBE Adobe Inc. | FY2026 Q3 · Calendar Q3 2026 | +0.8% | +1.4% | Adobe raises FY26 outlook as AI strategy broadens |
| ORCL Oracle Corporation | FY2027 Q1 · Calendar Q3 2026 | +10.3% | -1.7% | Oracle raises FY27 outlook as AI demand accelerates cloud growth |
Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% 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 · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-05T02:20:42.652645+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-05T02:20:42.649002+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 2026-10-05. For educational purposes only; not investment advice.