Overview
- RBC Capital lowered its price target on Fidelity National Information Services to $69 from $86 and kept an Outperform rating, citing the earnings miss and below-consensus near-term guidance.
- Susquehanna cut its target to $55 from $69 and maintained a Neutral rating, noting Q4 revenue outperformance in both Banking and Capital Markets.
- FIS reported Q4 2025 revenue of about $2.81 billion, topping estimates, with adjusted EPS of $1.68 narrowly missing the $1.69 consensus.
- Management guided Q1 2026 adjusted EPS to $1.26–$1.30 versus roughly $1.34 expected by analysts, pointing to near-term margin pressure.
- The company highlighted recurring revenue momentum and set 2026 targets that include free cash flow above $2 billion with 27%–33% growth and double-digit gains in sales and EBITDA.