Fintel reports that on September 11, 2026, Piper Sandler initiated coverage of Fidelity National Information Services (NYSE:FIS) with a Neutral recommendation.
Fidelity National Information Services, Inc., based in the United States, is a global provider in the financial services technology industry, specializing in payment processing, financial software, and banking solutions.
On September 11, 2026, the latest close for the stock was $38.14; the prior close on September 10, 2026, was $38.52.
As of August 28, 2026, the consensus target mean was $51.02, with a median of $50.49, representing an implied change of +33.76%.
Aggregate analyst recommendations as of September 1, 2026: 5 strong buy, 12 buy, 15 hold, 1 sell, and 0 strong sell (33 total; 51.5% positive, 45.5% hold, 3.0% negative).
Other recent analyst actions include TD Cowen maintaining a Buy rating on August 26, 2026; Wolfe Research maintaining an Outperform rating on August 25, 2026; and Wells Fargo downgrading the stock from Overweight to Equal-Weight on August 25, 2026.
The company reported its latest earnings on August 4, 2026. Actual EPS was 1.48 versus an estimate of 1.4874 (EPS surprise -0.50%). Actual revenue was $3,377,000,000,000,000.00 versus an estimated $3,417,527,152,000,000.00.
According to the company's EX-99.1 filing dated August 4, 2026, adjusted EBITDA loss was $147 million, which included $148 million of corporate expenses. Second quarter net cash provided by operating activities was $493 million and free cash flow was $525 million, up 220% versus the prior-year period. The company returned $270 million of capital to shareholders ($42 million share repurchases and $228 million dividends). As of June 30, 2026, outstanding debt totaled $21.2 billion. Following the close of the Total Issuing Solutions™ business, the company temporarily curtailed share repurchases and paused tuck-in M&A activity to accelerate deleveraging.
The company's Form 10-Q filed on August 4, 2026, reported cash dividends declared of $0.40 per share per quarter and a net loss of (470).
Recent analyst actions
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.