FIS slides as investors weigh earnings-day outlook and another target cut

Fidelity National Information Services (FIS) is down 6.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied to earnings-day caution around FIS’s second-quarter results and outlook. This could be because investors were already focused on a relatively modest quarterly profit target from management, and sentiment may have weakened further after another analyst price-target reduction surfaced on August 4.

Details:

FIS scheduled its second-quarter 2026 earnings release for Tuesday, August 4, before the market opened, with a conference call set for 8:30 a.m. Eastern.

When FIS reported first-quarter results in May, it guided second-quarter adjusted EPS to about $1.45 to $1.49, a range that left little room for upside and set a cautious tone heading into today’s report.

That same filing kept full-year 2026 targets in place, including revenue of about $13.8 billion to $13.9 billion and adjusted EPS of about $6.22 to $6.32, so investors may be reacting to whether the company’s latest commentary supports those goals.

An August 4 analyst note indicated a price-target cut to $43 from $45, adding to pressure on the shares during the session.

Sources:

FIS, SEC, Stock Alarm Pro

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FIS Insider Trading Activity

$FIS insiders have traded $FIS stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FIS stock by insiders over the last 6 months:

STEPHANIE FERRIS (CEO and President) purchased 19,846 shares for an estimated $1,000,039
JEFFREY A GOLDSTEIN has made 2 purchases buying 2,583 shares for an estimated $114,092 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$FIS Hedge Fund Activity

We have seen 433 institutional investors add shares of $FIS stock to their portfolio, and 493 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CAPITAL RESEARCH GLOBAL INVESTORS removed 9,227,903 shares (-32.8%) from their portfolio in Q1 2026, for an estimated $432,880,929
BAUPOST GROUP LLC/MA removed 4,503,801 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $211,273,304
AQR CAPITAL MANAGEMENT LLC added 3,705,469 shares (+183.1%) to their portfolio in Q1 2026, for an estimated $173,823,550
CITADEL ADVISORS LLC added 3,307,111 shares (+1818.5%) to their portfolio in Q1 2026, for an estimated $155,136,577
BLACKROCK, INC. added 2,672,893 shares (+4.9%) to their portfolio in Q1 2026, for an estimated $125,385,410
FULLER & THALER ASSET MANAGEMENT, INC. added 2,579,047 shares (+698.9%) to their portfolio in Q1 2026, for an estimated $120,983,094
PERPETUAL LTD added 2,454,649 shares (+inf%) to their portfolio in Q2 2026, for an estimated $95,436,753

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$FIS Congressional Stock Trading

Members of Congress have traded $FIS stock 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $FIS stock by members of Congress over the last 6 months:

REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 07/10.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 2 purchases worth up to $30,000 on 06/16, 03/13 and 2 sales worth up to $30,000 on 04/14, 02/10.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$FIS Analyst Ratings

Wall Street analysts have issued reports on $FIS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 02/12/2026

To track analyst ratings and price targets for $FIS, check out Quiver Quantitative's $FIS forecast page.

$FIS Price Targets

Multiple analysts have issued price targets for $FIS recently. We have seen 11 analysts offer price targets for $FIS in the last 6 months, with a median target of $55.0.

Here are some recent targets:

Nik Cremo from Barclays set a target price of $44.0 on 07/08/2026
James Faucette from Morgan Stanley set a target price of $47.0 on 07/07/2026
Matthew Coad from Truist Securities set a target price of $45.0 on 05/28/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $55.0 on 05/11/2026
Daniel R. Perlin from RBC Capital set a target price of $57.0 on 05/11/2026
Will Nance from Goldman Sachs set a target price of $57.0 on 05/11/2026
Timothy Chiodo from UBS set a target price of $63.0 on 05/11/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.