Fidelity National Info (FIS) AI Stock Analysis

• Market Cap: $33.13B
• Dividend Yield: 2.4%
• Average Volume (3M): 2.47M
• Price to Earnings (P/E): 201.5
• Beta (1Y): 0.39
• Revenue Growth: 4.26%
• EPS Growth: -75.98%
• Country: US
• Employees: 50,000
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 1.51
• Shares Outstanding: 517,850,770
• 10 Day Avg. Volume: 2,363,473
• 30 Day Avg. Volume: 2,471,587
• PEG Ratio: -0.27
• Price to Book (P/B): 2.85
• Price to Sales (P/S): 4.41
• P/FCF Ratio: 22.63
• Enterprise Value/Market Cap: 1.42
• Enterprise Value/Revenue: 4.41
• Enterprise Value/Gross Profit: 11.62
• Enterprise Value/Ebitda: 13.31
• 1Y Price Target: $79.31
• Price Target Upside: 23.96% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 17
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: $74.00 ▲(15.66% Upside)

The score is driven primarily by solid financial durability (strong cash conversion and improved leverage) and a bullish earnings update (raised outlook, strong margins/cash conversion, larger buyback). These positives are tempered by a major valuation headwind (very high P/E) and only moderately supportive technicals (still below the 200-day moving average).

Positive Factors

Cash generation and conversion

Strong free cash flow growth and high cash conversion ratios indicate sustainable internal funding for capex, buybacks and integration spending. Durable cash generation reduces refinancing risk and supports strategic investments and shareholder returns over multiple years.

Improved leverage and balance sheet

A materially lower debt-to-equity ratio enhances financial flexibility and lowers interest obligations, enabling the company to fund acquisitions and absorb cyclical shocks. Improved leverage supports long-term credit profile and strategic optionality.

Transformational Issuer Solutions acquisition

Acquiring the Issuer Solutions business converts a minority equity stake into high-margin recurring revenue, greatly expands addressable market and product breadth. The deal structurally shifts revenue mix toward issuing services and is expected to add sustainable incremental FCF.

Negative Factors

Low profitability and shareholder returns

Very low net margin and minimal ROE show difficulty converting revenue into shareholder value. Persistently weak profitability constrains reinvestment, limits ability to raise returns organically, and makes growth more reliant on costly M&A or efficiency gains.

Eroding operating margins

A declining EBIT margin signals rising operating costs or pressure on core pricing power. Structural margin erosion reduces long-term free cash flow potential and leaves less room for strategic investments without further efficiency improvements or pricing reforms.

Moderate organic revenue growth

Modest organic revenue growth suggests limited top-line momentum absent M&A. Over the medium term this constrains scale economies and return expansion, increasing dependence on acquisitions and integration execution to achieve meaningful growth acceleration.

Fidelity National Info Business Overview & Revenue Model

Company Description

Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail payment solutions; wealth and retirement solutions; and item processing and output services. The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

How the Company Makes Money

FIS generates revenue through multiple key streams, primarily focusing on transaction processing fees, software licensing, and consulting services. The company earns significant income from its payment processing solutions, where it charges fees for each transaction processed on its platforms. Additionally, FIS provides software solutions to banks and financial institutions, charging for licenses and ongoing support services. The company also benefits from consulting services that help organizations optimize their operations and technology infrastructure. Strategic partnerships with major financial institutions and technology providers enhance FIS's market reach and contribute to its revenue growth, allowing it to capture a larger share of the global fintech landscape.

Fidelity National Info Financial Statement Overview

Summary

Fidelity National Info demonstrates stable revenue growth and improved leverage, but profitability remains a challenge. The company shows strong cash flow generation, which supports its financial stability. While the balance sheet has strengthened, enhancing profitability and returns on equity will be crucial for future growth.

Income Statement

Fidelity National Info shows a moderate revenue growth rate of 3.54% in the TTM, indicating steady expansion. However, the net profit margin is low at 1.42%, suggesting challenges in converting revenue into profit. The gross profit margin is healthy at 37.94%, but the EBIT margin has declined to 14.88%, reflecting increased operational costs. Overall, the income statement reflects stable revenue growth but highlights profitability challenges.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.30 in the TTM, indicating a stronger balance sheet with reduced leverage. However, the return on equity is low at 0.73%, suggesting limited returns for shareholders. The equity ratio is not explicitly calculated, but the improvement in debt levels suggests a more stable financial position. Overall, the balance sheet shows improved leverage but highlights the need for better returns on equity.

Cash Flow

Fidelity National Info's free cash flow growth rate is positive at 5.96% in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is 2.46, showing strong cash flow relative to net income. The free cash flow to net income ratio is high at 91.69%, reflecting efficient cash conversion. Overall, the cash flow statement indicates strong cash generation and efficient cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.68B	10.13B	9.83B	9.72B	13.88B	12.55B
Gross Profit	4.05B	3.80B	3.66B	3.50B	5.20B	4.20B
EBITDA	3.54B	3.38B	2.90B	2.88B	5.02B	4.32B
Net Income	152.00M	1.45B	-6.66B	-16.72B	417.00M	158.00M
Balance Sheet
Total Assets	33.04B	33.78B	54.97B	63.28B	82.93B	83.84B
Cash, Cash Equivalents and Short-Term Investments	571.00M	834.00M	440.00M	456.00M	2.01B	1.96B
Total Debt	13.07B	11.54B	19.34B	20.41B	20.88B	20.62B
Total Liabilities	19.18B	18.08B	35.92B	35.87B	35.40B	34.35B
Stockholders Equity	13.86B	15.70B	19.05B	27.22B	47.35B	49.30B
Cash Flow
Free Cash Flow	2.00B	1.97B	4.22B	3.67B	3.56B	3.31B
Operating Cash Flow	2.16B	2.07B	4.33B	3.94B	4.81B	4.44B
Investing Cash Flow	-3.51B	8.14B	-1.52B	-373.00M	-1.77B	-914.00M
Financing Cash Flow	-1.40B	-12.62B	-3.32B	-2.57B	-2.54B	-2.75B

Fidelity National Info Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 63.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIS, the sentiment is Negative. The current price of 63.98 is below the 20-day moving average (MA) of 66.43, below the 50-day MA of 65.48, and below the 200-day MA of 71.17, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 37.20 is Neutral, neither overbought nor oversold. The STOCH value of 24.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FIS.

Fidelity National Info Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BR	78 Outperform	$25.79B	28.26	38.21%	1.63%	8.57%	35.02%
JKHY	77 Outperform	$13.94B	29.26	23.45%	1.25%	7.75%	20.42%
ACIW	73 Outperform	$4.69B	18.39	18.58%	―	7.01%	17.48%
FIS	69 Neutral	$33.13B	201.51	1.15%	2.40%	4.26%	-75.98%
FISV	68 Neutral	$36.31B	10.44	13.64%	―	5.16%	24.92%
GPN	68 Neutral	$18.34B	10.87	6.72%	1.25%	-11.30%	34.28%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Fidelity National Info Corporate Events

FIS Completes Issuer Solutions Acquisition and Worldpay Divestiture

On January 9, 2026, FIS completed the acquisition of Global Payments’ Issuer Solutions business, formerly TSYS, and simultaneously sold its remaining 45% minority stake in merchant acquirer Worldpay to Global Payments, transactions originally agreed in April 2025. The Issuer Solutions unit, valued at $13.5 billion on an enterprise basis, was acquired in exchange for FIS’s Worldpay interest plus about $7.7 billion in cash, while Worldpay was valued at $24.25 billion, with customary post-closing price adjustments applying to both assets. The deal, formally announced via press release on January 12, 2026, transforms FIS into a scaled fintech leader in issuer processing, consolidating what it describes as the world’s largest issuing business under the new FIS Total Issuing Solutions brand, processing more than 40 billion transactions annually for over 150 financial institutions and corporates in more than 75 countries. By replacing a non-cash-generating minority equity stake with high-margin recurring revenue, a broader suite in credit processing, fraud, loyalty and value-added services, and a far larger addressable issuer market of roughly $28 billion, FIS expects the transaction to strengthen its financial profile, create robust revenue and cost synergies and add an estimated $500 million in incremental adjusted free cash flow in 2026, rising to $700 million by 2028.

The most recent analyst rating on (FIS) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Fidelity National Info stock, see the FIS Stock Forecast page.

Fidelity National Info Secures $6 Billion Credit Agreement

On November 6, 2025, Fidelity National Information Services, Inc. (FIS) entered into a Ninth Amendment and Restatement Agreement with JPMorgan Chase Bank and other lenders, amending its existing credit agreement to a total of $6.0 billion in revolving credit commitments, expiring on September 27, 2029. Additionally, FIS signed a separate Revolving Credit Agreement with a $1.0 billion commitment, expiring on June 15, 2027. Both agreements are unsecured and will support the company’s working capital and general corporate purposes, including refinancing maturing debt, while containing customary covenants on indebtedness and use of proceeds.

The most recent analyst rating on (FIS) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Fidelity National Info stock, see the FIS Stock Forecast page.