WallStSmart
FIS

Fidelity National Information Services Inc

NYSE: FIS · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES

$46.22
-0.17% today

Updated 2026-04-29

Market cap
$23.94B
P/E ratio
63.32
P/S ratio
2.24x
EPS (TTM)
$0.73
Dividend yield
3.46%
52W range
$43 – $81
Volume
5.9M

Fidelity National Information Services Inc (FIS) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$46.22
Consensus
$73.71
+59.48%
2030 Target
$384.21
+731.26%
DCF
$64.05
+24.57% MoS
15 analysts:
7 Buy6 Hold1 Sell

Management guidance

FIS management provided 2026 outlook in Feb 2026 earnings call with revenue guidance of $13.92B (30.4% growth from $10.68B in 2025). For 2027, analyst consensus shows $14.58B revenue (4.7% growth). Management emphasized focus on Banking Solutions segment strength, AI-driven products, and core high-margin operations post-Worldpay separation.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$638.80
$16.6B Rev × 20x P/S
Base case (2030)
$384.21
$16.6B Rev × 12x P/S
Bear case (2030)
$254.60
$16.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$9.8B$10.1B$10.7B$13.9B$14.6B$15.2B$15.8B$16.6B
Revenue growth3.0%5.4%30.4%4.7%4.3%4.3%4.4%
EPS$5.43$5.25$5.76$6.34$6.98$7.45$7.95$8.50
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$324.03$337.92$351.80$365.69$384.21

Catalysts & risks

Growth catalysts
+ Banking Solutions segment growth acceleration from AI-powered payment hubs and regulatory reporting tools
+ New CD Prediction Clearing platform launch expanding into prediction markets and derivatives clearing
+ Post-Worldpay separation strategic focus on higher-margin core banking/capital markets operations
+ Market share gains in enterprise software modernization as banks upgrade legacy systems
+ AI assistant product suite (Risk Management, Treasury solutions) gaining adoption in financial services
Key risks
- 5-year revenue CAGR of -3.2% reflects legacy business headwinds and previous strategic missteps; recovery sustainability uncertain
- Elevated P/E ratio (63.4x) vs. industry avg (15.4x) creates valuation risk despite growth guidance; sentiment shows 'overvaluation based on earnings multiples'
- Chief Product Technology Officer departure signals internal execution/innovation concerns during critical product launch phase
- Worldpay separation execution risk; spin historical weakness in integrating complex solutions and managing margins
- Banking sector consolidation reducing total addressable market for core payments/processing services
- Competitive pressure from cloud-native fintech platforms and large banks building in-house solutions
- Parnassus Mid Cap Fund sold entire FIS stake citing 'slowing growth concerns' despite 30% guidance for 2026

Methodology

Fidelity National Information Services Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.