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Robert W. Baird cuts Fidelity National Information Services price target after mixed Q2 results.

Analyst Insights
04 Aug 2026
Danny Green
View Source
Neutral
pluang ai news

Robert W. Baird lowered its price target for Fidelity National Information Services (FIS) from $54.00 to $48.00 following the company's mixed Q2 2026 earnings report. FIS posted strong adjusted EPS of $1.48, beating estimates and showing 8.8% growth year-over-year, driven by a 29% revenue increase, especially a 44% rise in its Banking Solutions segment. However, despite these gains, FIS slightly missed revenue consensus and revised its 2026 outlook downward for revenues, EBITDA, and EPS due to higher costs. This cautious outlook influenced the analyst's decision to reduce the price target, signaling moderate upside potential for investors.

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