Citi cuts FIS target to USD 39.00: FIS stock sits 8.30 percent below target
Published on 10/17/2026 at 21:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citi lowered its FIS target from USD 45.00 to USD 39.00 on October 16, 2026.
- FIS will announce third-quarter 2026 results on November 3, 2026.
- FIS stock was last at USD 36.01 on October 16, 2026 at 4:00 p.m. ET, down 0.33 percent versus the prior close of October 15, 2026.
- FIS had a P/E ratio of 5.51 and a market capitalization of USD 18.6 billion on October 16, 2026.
Fidelity National Information Services (ISIN US31620M1062) saw Citi lower its price target from USD 45.00 to USD 39.00 on October 16, 2026, leaving the new target 8.30 percent above the last price. Markets Insider reported that Citi kept a Neutral rating. FIS was last at USD 36.01 on October 16, 2026 at 4:00 p.m. ET, down 0.33 percent versus the prior close of October 15, 2026.
November 3 results date
FIS has set November 3, 2026, for its third-quarter 2026 results before the US market opens. The company said the earnings call will begin at 8:30 a.m. EST on the same date in a release dated October 12, 2026. The release is available from FIS.
Price sits near yearly low
The last USD 36.01 price was 12.18 percent above the 52-week low of USD 32.10 and 47.80 percent below the 52-week high of USD 68.98, both as of October 16, 2026. Trading volume was 4,609,910 shares against an average of 6,224,628 shares, while the price change was smaller than the 2.10 percent decline at Jack Henry & Associates.
Valuation and reporting date
FIS had a market capitalization of USD 18.6 billion, a P/E ratio of 5.51 and a dividend yield of 0.05 percent as of October 16, 2026. The November 3 reporting date gives investors the next scheduled company event, while Citi's USD 39.00 target provides a separate valuation reference in the same currency as the stock price.
Comparison with peers
FIS (NYSE, USD): minus 0.33 percent, P/E 5.51, market capitalization USD 18.6 billion
Global Payments (NYSE, USD): minus 0.59 percent, P/E minus 21.51, market capitalization USD 22.1 billion
Jack Henry & Associates (NASDAQ, USD): minus 2.10 percent, P/E 21.98, market capitalization USD 10.7 billion
Last price and valuation
FIS was last at USD 36.01 on October 16, 2026 at 4:00 p.m. ET, down 0.33 percent versus the prior close of October 15, 2026. The stock's position 12.18 percent above its 52-week low puts the upcoming November 3 results at the center of the next scheduled market date.
FIS stock facts
- Company: Fidelity National Information Services, Inc.
- ISIN: US31620M1062
- Ticker: FIS
- Primary exchange: NYSE
- Last price: USD 36.01 (as of October 16, 2026, 4:00 p.m. ET)
- Change versus prior close: minus 0.33 percent
- Market capitalization: USD 18.6 billion (as of October 16, 2026)
- 52-week range: USD 32.10-68.98 (as of October 16, 2026)
- Sector / Industry: Technology / Information Technology Services
- Index membership: S&P 500
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
