Fidelity National Information Services Inc logo

Fidelity National Information Services Inc(FIS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$35.62
09/18/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for FIS

09/18/2026: FIS (1-star) is currently NOT-A-BUY. Pass it for now.

Fidelity National Information Services (FIS) is a major global provider of core banking and capital markets technology. The stock functions as a mission-critical utility for financial institutions, providing stable, recurring revenue through long-term software contracts. The company’s recent strategic shift to divest its merchant solutions business is a key development, aimed at streamlining operations and enhancing margins. Primary risks include competition from cloud-native FinTech firms and the execution challenges of modernizing its legacy platforms. FIS is generally suited for value and dividend-focused investors, and market participants should monitor the company's ability to maintain high margins and effectively cross-sell software in a competitive environment.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is moderate as the company focuses on margin improvement over rapid expansion.
Momentum investorMixed fitMomentum depends on successful execution of the post-divestiture strategy and market sentiment toward FinTech.
Value investorStrong fitThe valuation may appear attractive to value-oriented investors seeking stable, established financial software businesses.
Dividend investorStrong fitFIS offers a stable and reliable dividend that appeals to income-focused investors.
Low-risk investorStrong fitThe company's role as a mission-critical utility for banks provides a degree of revenue stability.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can experience swings based on interest rate environments and broader technology sector sentiment.
Valuation riskMediumMarket pricing of financial technology firms can fluctuate based on growth expectations.
Competition risk (Cloud-native platforms)Medium / highEmerging cloud-native competitors are challenging legacy core banking providers.
Business qualityStrongThe company holds a strong competitive moat due to high switching costs in banking infrastructure.
Dividend incomeLowWhile consistent, the dividend yield is not typically the primary driver for investors.
Execution riskMedium / highIntegrating complex systems and successfully executing the post-divestiture strategy is critical to long-term success.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 10.14%
Avg. Invested days 67
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

FIS receives a 4-star rating, supported by solid unit economics, solid quantitative characteristics, and strong analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

FIS has moderate overall fundamentals (3 stars), with solid financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 26.3%) is partially offset by negative earnings growth (-73.7%), moderate revenue growth (+5.4%), soft profitability (net margin 3.6%).

Financial Health Rating

FIS's financial health is supported by strong cash strength, including free-cash-flow generation of $2.8B (26.3% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

Free-cash-flow growth is FIS's strongest growth driver at +42.3% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+5.4%, moderate) and earnings growth (-73.7%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 101.5% and approximately 99.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.13%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 11.05%
Dodge & Cox 9.51%
JPMorgan Chase & Co 7.31%
Vanguard Capital Management, LLC 6.50%
State Street Corp 4.90%

Unit Economics (Per $1K Revenue)

FIS generates approximately $369 of gross profit, $165 of operating income, and $263 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 40.77%

Quantitative Style Profile

FIS has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedQuality TiltLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 18.83B USD
Price to earnings Ratio 5.66
1Y Target Price 50
Price to earnings Ratio 5.66
1Y Target Price 50
Volume (30-day avg) 5.6M shares
Beta 0.8
52 Weeks Range 35.53 - 66.59
Updated Date 09/18/2026
52 Weeks Range 35.53 - 66.59
Updated Date 09/18/2026
Dividends yield (FY) 4.56%
Basic EPS (TTM) 6.44

How Company Makes Money

Business areaWhat it includesRetail investor read
Banking SolutionsCore processing, digital banking tools, and payment software for regional and global banks.This is the company's steady utility-like business where banks pay ongoing fees for essential software.
Capital MarketsTrading software, risk management tools, and investment platforms for asset managers.This segment provides software for sophisticated financial firms, tied to global market activity levels.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 5.66
Forward PE 5.44
Enterprise Value 39.52B
Price to Sales(TTM) 1.54
Enterprise Value 39.52B
Price to Sales(TTM) 1.54
Enterprise Value to Revenue 3.24
Enterprise Value to EBITDA 9.41
Shares Outstanding 516.88M
Shares Floating 514.52M
Shares Outstanding 516.88M
Shares Floating 514.52M
Percent Insiders 0.13
Percent Institutions 101.5

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Fidelity National Information Services Inc

Exchange NYSE
Headquarters Jacksonville, FL, United States
IPO Launch date 2001-06-20
CEO, President & Director Ms. Stephanie L. Ferris
Sector Technology
Industry Information Technology Services
Full time employees 44000
Full time employees 44000

Fidelity National Information Services, Inc. provides solutions to financial institutions, businesses, and developers worldwide. The company operates through Banking Solutions, Capital Market Solutions, and Corporate and Other segments. It provides core processing and ancillary applications; mobile and online banking; fraud, risk management, and compliance; card and retail payment; electronic funds transfer and network; wealth and retirement; and item processing and output solutions. The company also offers trading and assets, lending, leveraged and syndicated loan markets, and treasury and risk solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.