Fidelity National Information Services (FIS): Strong Performance and Promising Future Drive Buy Rating

Analyst Bryan Bergin of TD Cowen maintained a Buy rating on Fidelity National Info, retaining the price target of $89.00.

Bryan Bergin has given his Buy rating due to a combination of factors that highlight Fidelity National Information Services’ (FIS) strong performance and future potential. Investor meetings with FIS management, including the CFO and Head of Investor Relations, reinforced confidence in the company’s trajectory, particularly following a solid execution in the third quarter of 2025. The focus on minimizing surprises and maintaining clean accounting practices, alongside steady execution on the TSYS acquisition, is expected to drive the company’s valuation and share prices higher.
Bergin is optimistic about FIS’s ability to achieve durable revenue growth and margin expansion as it moves into 2026. The company is positioned to distinguish itself from more cyclically-exposed fintech and merchant acquiring businesses, especially given the volatility in the Fintech and Payments sector. With a promising total shareholder return profile and significant free cash flow expansion potential, FIS is expected to capture the attention of the market, further supporting the Buy rating.