FIS Fidelity National Information Services, Inc.

BULLISH Impact: 4/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-FIS-ubs-20250930
11 firms acted on FIS: Cantor Fitzgerald, Citigroup, Wells Fargo, UBS, Truist Securities, Citigroup, Susquehanna, Wells Fargo, Compass Point, Exane BNP Paribas, Morgan Stanley
Final — all horizons settled through T+60d
FIS ▲ +2.49% at T+60d
LONG call ✓ call won +2.49% · α vs SPY -1.18% · entry $64.98 → $66.60
Last close $39.54 (close Jun 8) · -39.15% from $64.98 entry
Entry anchored
Sep 29, 03:59 PM ET
via Databento tick
T+1d
+0.86%
call +0.86% · α +0.50%
$65.54
settled 8mo ago
T+5d
+3.90%
call +3.90% · α +3.44%
$67.51
settled 8mo ago
T+20d
-0.02%
call -0.02% · α -3.15%
$64.97
settled 8mo ago
T+60d
+2.49%
call +2.49% · α -1.18%
$66.60
settled 6mo ago

Price Chart

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Executive Summary

UBS upgraded Fidelity National Information Services (FIS) from Neutral to Buy, maintaining its $82 price target. The call is part of a cluster of 11 analyst actions on FIS over recent months, signaling growing institutional conviction. Consensus is heavily bullish: 20 of 31 analysts rate the stock a Buy (64.5%), with a mean price target of $64.95 — 39.6% above the current $46.53. UBS's $82 target sits near the high end, implying 76% upside. The upgrade comes with earnings due May 4 (next week) and a 55.4% short volume ratio, setting up a potential squeeze. Insider buying (CEO Ferris $1M in March, a director $56K in April) and institutional accumulation (Norges Bank new $496M stake, FMR +46%) converge with the bullish analyst call. However, UBS's track record on FIS is only 43% accurate (3 of 7 calls) with a -1.7% average return, below the average analyst covering the stock. EPS revisions are ticking higher (3 up, 0 down for the current year in the last 30 days). Bottom line: strong sentiment convergence but a high bar for outperformance given UBS's mixed history.

Impact Score

Base Score
3/7
LLM Adjustment
+1
Final Score
4/10

Consensus & Targets

Buy / Strong Buy
20 (65%)
Hold
10
Sell / Strong Sell
1
Total Analysts
21
Mean PT
$64.95
Median PT
$65.00
High PT
$85.00
Low PT
$40.00
Current Price
$46.53
Implied Upside
+39.6%

Consensus is 64.5% bullish: 7 strong buy, 13 buy, 10 hold, 1 sell, 0 strong sell (31 analysts total). The overwhelming majority rate FIS a Buy, aligning with the upgrade direction.

Current price $46.53. Mean PT $64.95, median $65, high $85, low $40. Implied upside to mean of 39.6%. UBS PT of $82 is well above the mean, in the 97th percentile of all PTs, indicating a very bullish stance relative to consensus.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-24 Truist Securities maintain Hold $50.00
2026-03-03 Truist Securities maintain Hold $57.00
2026-02-25 UBS maintain Buy $73.00
2026-02-25 Citigroup maintain Neutral $53.00
2026-02-25 RBC Capital maintain Outperform $69.00
2026-02-25 Keefe, Bruyette & Woods maintain Outperform $72.00
2026-02-25 Susquehanna maintain Neutral $55.00
2026-02-12 JP Morgan maintain Overweight $65.00
2026-01-27 Cantor Fitzgerald initiate Overweight $72.00
2025-11-19 Truist Securities maintain Hold $70.00

30-day analyst activity: 0 upgrades, 0 downgrades. EPS revision trend: for the current fiscal year (+0y), 3 revisions up and 0 down in the last 30 days; for next fiscal year (+1y), 2 up and 1 down. Estimates are edging higher, consistent with a constructive outlook.

Firm Track Record — UBS

UBS accuracy: 55% on 5083 calls | avg return: 4.6%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Evercore ISI Group 100% 3/3 7% top tier
Barclays 75% 3/4 6.6% top tier
TD Cowen 67% 2/3 4.3% top tier
Keefe, Bruyette & Woods 67% 4/6 2.6% top tier
RBC Capital 63% 5/8 1% top tier
JP Morgan 60% 3/5 1.7% above average
Susquehanna 60% 3/5 8% above average
B of A Securities 50% 1/2 3.8% below average
Baird 50% 2/4 -0.1% below average
Citigroup 50% 1/2 -1.9% below average

UBS overall: 55% accuracy on 5,083 calls with +4.6% avg return. On FIS specifically: 43% accuracy (3 of 7 calls) with -1.7% avg return — below the average analyst covering the stock. The best performing firm on FIS is Evercore ISI (100% on 3 calls, +7% avg return). The worst is Exane BNP Paribas (50% on 2 calls, -6.6% avg return). UBS ranks near the bottom of the list for FIS accuracy.

Earnings Estimates

Next earnings: May 4, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1y $6.89 $6.48 — $7.09 $14.4B ↑0 ↓0
0y $6.27 $6.08 — $6.32 $13.8B ↑2 ↓0
+1q $1.49 $1.45 — $1.53 $3.4B ↑1 ↓0
0q $1.29 $1.27 — $1.31 $3.3B ↑1 ↓0

Cross-Platform Signals

Insider Trades (90d)
2 buys / 0 sells
Congressional
Gilbert Cisneros (democrat) — buy $1,001 - $15,000
Congressional
Gilbert Cisneros (democrat) — sell $1,001 - $15,000
Institutional
FMR LLC — add (46.2%)
Institutional
NORGES BANK — new
Institutional
BANK OF AMERICA CORP /DE/ — trim (-50.2%)
Short Interest
Short: 759,751 | Exempt: 0 | TRF Vol: 1,370,358 | Short Ratio: 55.4% | Off-exchange volume (dark pool + OTC)

Insider trades: CEO Stephanie Ferris bought $1M on March 5, 2026; Director Jeffrey Goldstein bought $56K on April 15. Congressional: Rep. Gilbert Cisneros (D) made a small buy ($1K-$15K) in March. Institutional: Norges Bank initiated a new $496M stake (though also appears to have exited earlier—likely a reporting lag), FMR LLC added 46.2%, while Bank of America trimmed 50.2%. Short interest: short volume ratio of 55.4%, indicating heavy bearish positioning. This extreme short interest, combined with bullish insider and institutional activity, creates a strong contrarian convergence for a potential squeeze.

Actionable Insight

The upgrade cluster, insider buying, and rising EPS estimates all point higher, but UBS's poor track record on FIS and unchanged price target suggest caution. With earnings in 10 days and a 55.4% short volume ratio, a beat could trigger a sharp rally — position accordingly with tight risk controls.

Documents Analyzed

Report based on filing metadata.

5 reports for FIS
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FIS — sortable, filterable
Type Now
May 31, 2026
9d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$64.98 $64.97▼ −0.02%▼ −3.15%$39.54 (−39.15%)
May 8, 2026
4w ago
8-K
BULLISH ★ 7/10
$43.49 $40.95▼ −5.84%▼ −5.86%$39.54 (−9.08%)
May 1, 2026
5w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$64.98 $64.97▼ −0.02%▼ −3.15%$39.54 (−39.15%)
Apr 3, 2026
9w ago
8-K
NEUTRAL ★ 3/10
$46.68 $47.28▲ +1.29%▼ −7.70%$39.54 (−15.30%)
Mar 10, 2026
13w ago
8-K
NEUTRAL ★ 4/10
$50.16 $45.29▼ −9.71%▼ −10.23%$39.54 (−21.17%)
Showing 5 of 5

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