Fidelity National Information Services stock falls 3.12 percent

Published on 09/29/2026 at 08:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fidelity National Information Services stock hit USD 34.30 on September 28, 2026, after Baird cut its target to USD 45.00. Q2 revenue reached USD 3.38 billion, up 29.10 percent year over year.

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Fidelity National Information Services stock (ISIN US31620M1062) fell 3.12 percent to USD 34.30 on the NYSE on September 28, 2026, leaving the price just USD 0.08 above its 52-week low of USD 34.22. The latest pressure followed a fresh target reduction from Robert W. Baird.

Baird lowers its target

According to MarketBeat on September 25, 2026, Robert W. Baird cut its FIS price target from USD 48.00 to USD 45.00 and maintained a Neutral rating. The revised target still stands USD 10.70 above the September 28 price, a gap of 31.20 percent based on the two quoted values.

The target cut adds a clear counterweight to FIS operating progress. The stock's 52-week range is USD 34.22 to USD 69.14, while market capitalization stood at USD 17.7 billion on September 28, 2026.

Cash flow offsets slower growth

FIS reported second-quarter revenue of USD 3.38 billion, up 29.10 percent from the prior-year quarter, while quarterly EPS reached USD 1.48 against consensus of USD 1.47, according to MarketBeat. The EPS beat was USD 0.01, but the revenue result matched expectations.

In the Q2 2026 earnings call dated August 4, 2026, FIS said adjusted EBITDA increased 7.40 percent and adjusted EPS rose 8.80 percent. Fortune reported that quarterly free cash flow reached USD 525.0 million, more than triple the prior-year level, prompting FIS to raise its full-year free cash flow outlook by USD 100.0 million to USD 2.15 billion to USD 2.25 billion.

Stock tests its yearly low

FIS shares were last at USD 34.30 on the NYSE on September 28, 2026, at 3:59 p.m. EDT. The session range was USD 34.27 to USD 35.16, with volume of 8,889,806 shares, placing the stock only 0.23 percent above its 52-week low.