Fidelity National Information SNYSE: FIS
Financials · Transaction & Payment Processing Services
$40.13
-8.00%
Vol: 322K
Research Digest
Monday, June 15, 2026
No significant overnight updates
No material news in the last 48 hours.
Previous Market Intelligence
13 daysJun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours. Recent items (52-week low near $38.78, Fuse and InvestCloud partnerships, $210M class-action settlement hearing set for July 9) predate the window.
May 21FIS price targets slashed by multiple firms despite Q1 beat and major bank tech dealsNegative▶
In mid-May 2026, TD Cowen cut FIS PT to $62 from $78, Keefe Bruyette to $65 from $68, UBS to $63 from $73, and RBC Capital to $57 from $69, after the stock dropped $3.76 to $43.49 on May 8 on a mixed 2Q outlook that was modestly light on profitability despite Q1 EPS beat. Major announcements include FIS Supply Chain Finance powering Glencore $2.55B oil/gas trade receivables securitization, BankSouth selecting FIS Core Banking Platform, and a new Anthropic partnership to build a crime-check tool for core banking. FIS also announced Project Keystone (bank-controlled digital money network). Risk: forward profitability guidance concerns are overshadowing positive technology and partnership momentum.
May 20FIS Q1 2026 beat estimates with $3.30B revenue, secured $2.55B Glencore supply chain deal and Anthropic AI partnership.Mixed▶
Fidelity National Information Services reported Q1 2026 EPS of $1.36 (beat by 5.43%) and revenue of $3.30B (beat by 2.17%, up 6.5% YoY) with EBITDA margin of 39.6%. Net income reached $2.37B. Major Q1 wins include a $2.55B supply chain finance deal with Glencore, a large platform engagement with Commonwealth Bank of Australia, and a strategic AI partnership with Anthropic to advance financial services tech. Despite the earnings beat, shares dropped 7.7% during the period and traded at $43.17 on May 19, well below the 52-week high of $82.74. FIS presented at the J.P. Morgan 54th Annual Global TMC Conference on May 19. Consensus rates FIS a Buy with 12-month PT of $63.67 (+52% upside).
May 19No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 18FIS signs Anthropic AI deal and Glencore $2.55B supply chain finance program; Q1 revenue rose 30% to $3.3BMixed▶
Fidelity National Information Services reported Q1 2026 adjusted earnings up 10% to $705 million ($1.36/share, beating $1.30 consensus), with revenue rising 30% to $3.3 billion (slightly missing $3.31B estimates). Stock fell $3.76 to $43.49 on May 8 after the report. FIS announced a deal with Anthropic to build crime-check tools for core banking systems using Claude, and its Supply Chain Finance Platform was selected by Glencore for a $2.55 billion program. On May 11, FIS was selected by Commonwealth Bank of Australia to implement data integrity solutions. The company issued FY revenue guidance of $13.77B-$13.85B and Q2 EPS guidance of $1.450-$1.490. Buy consensus rating from 12 analysts with $63.67 average price target.
May 15FIS expanded AI and digital-money initiatives with Anthropic and won mandates from Commonwealth Bank of Australia and Glencore, though shares slid as Goldman cut its target to $57 and TD Cowen to $62.Mixed▶
Fidelity National Information Services accelerated its AI and digital-money push in mid-May 2026 with new wins. On May 11, FIS announced that Commonwealth Bank of Australia selected its Data Integrity Manager platform for reconciliations, and its Supply Chain Finance platform powered a landmark $2.55B Glencore oil and gas trade receivables securitization. The Anthropic partnership for AI in core banking crime checks is targeted for second-half 2026 launch but contributes no 2026 revenue. Q1 pro forma revenue grew 6.5%, adjusted EPS up 12.4% to $1.36, and FCF jumped 111% to $474M. Despite the beat, the stock sits near 52-week lows. Goldman cut PT to $57 from $65 and TD Cowen to $62 from $78, both keeping Buy ratings. Risk: market skepticism on AI revenue contribution and competitive pressure in payments.
May 14FIS Supply Chain Finance platform powered $2.55B Glencore oil & gas trade receivables securitization on May 12Mixed▶
On May 12, 2026, FIS announced its Supply Chain Finance Platform was selected by Glencore to support a landmark $2.55B trade receivables securitization for the oil and gas sector. Q1 2026 EPS of $1.36 beat the $1.30 estimate but shares fell 7.7% post-print on guidance concerns despite revenue rising 30% YoY to $3.3B. Free cash flow doubled to $474M (+111%); FY26 free cash flow guidance reiterated at $2.1B targeting >$3B by 2028. Goldman cut PT to $57 on May 14, while Oppenheimer cut to $62 and Citi to $48 on May 8. Risk: AI partnership with Anthropic execution and decelerating organic growth versus heavy guidance bar.
May 13FIS announced Glencore selected its Supply Chain Finance Platform for a $2.55B oil and gas trade receivables securitization, while UBS cut its price target to $63 from $73 on May 11.Mixed▶
On May 12, 2026, FIS announced Glencore selected its Supply Chain Finance Platform to support a $2.55B trade receivables securitization for the oil and gas sector. On May 11, FIS was also selected by Commonwealth Bank of Australia to implement its Data Integrity Manager platform. UBS Group cut its price target from $73 to $63 on May 11. The deals build on Q1 2026 results that beat with adjusted EPS of $1.36 vs $1.29 consensus and revenue of $3.29B vs $3.22B. Shares had initially dropped 5.9% after Q1 on leverage concerns. Management reiterated FY 2026 EPS guidance of $6.22-$6.32.
May 12FIS shares fell 5.9% pre-market to $45.25 despite Q1 EPS beat ($1.36 vs $1.30 est) and Anthropic AI partnership for bank crime-fighting chatbot; stock down 26% over 6 months.Mixed▶
Fidelity National Information Services reported Q1 2026 EPS of $1.36 vs $1.30 consensus on revenue of $3.29B (+6.5% YoY, 2.17% above expectations) with 39.6% EBITDA margin. Despite the beat, shares fell 5.9% pre-market to $45.25 and traded at $43.49 on May 11 with the stock down 26% over six months. FIS announced a strategic partnership with Anthropic to build a crime-fighting AI chatbot for banks. The company also expanded its relationship with Commonwealth Bank of Australia, managing 150M+ daily transactions. FY 2026 guidance was set at $6.22-$6.32 EPS with Q2 at $1.45-$1.49 and FCF reiterated at $2.1B.
May 11FIS beat Q1 EPS by $0.06, announced Anthropic AI partnership, but stock fell year-to-date 28%Mixed▶
Fidelity National Information Services reported Q1 2026 earnings on May 8 of $1.36 per share, beating estimates of $1.30 by $0.06, with revenue rising 30% year-over-year. FY 2026 EPS guidance set at $6.22-$6.32 and Q2 2026 EPS guidance at $1.45-$1.49. The company announced a major partnership with Anthropic to bring agentic AI to banking, starting with a Financial Crimes AI Agent. Management reiterated 2026 free cash flow guidance of $2.1B and targets over $3B by 2028, linking the upside to deploying Anthropic agents. Stock has declined 28% year-to-date amid competition and integration risks, trading in $43.28-$48.06 range. This matters because the Anthropic partnership is a strategic AI inflection point, but margin/competitive concerns continue to overshadow the beat.
May 8FIS beats Q1 earnings but guides below consensus on revenue; Anthropic AI partnership drives 5% stock surge.Mixed▶
FIS reported Q1 2026 earnings of $1.36 EPS (beating $1.30 estimate) on May 8, 2026, with adjusted EBITDA up 36% to $1.3B and free cash flow surging 111% to $474M. However, full-year revenue outlook came in below Wall Street forecasts, causing shares to fall 0.83% in pre-market before recovering on news of a partnership with Anthropic to develop AI agents for anti-money laundering investigations at banks. FY 2026 adjusted EPS guidance of $6.22-$6.32 matches estimates. The AI partnership with BMO and Amalgamated Bank as initial testers aims to reduce investigation time from hours to minutes.
May 7FIS stock rises 5% on Anthropic partnership to deploy Financial Crimes AI Agent for banks in H2 2026.Positive▶
FIS announced a strategic partnership with Anthropic to develop an AI agent designed to assist financial institutions with anti-money laundering investigations, reducing investigation time from hours to minutes. BMO and Amalgamated Bank will test the technology with broader availability planned for the second half of 2026. The company also announced a $0.44 quarterly dividend ($1.76 annualized). Analysts rate FIS as Buy with an average 12-month price target of $73.71, representing 55% upside.
May 6Fidelity National announces Anthropic AI partnership and CD Prediction Clearing platform launchPositive▶
Fidelity National Information Services (FIS) announced a strategic partnership with Anthropic to develop an AI agent for financial crimes investigations, boosting stock 5%. The Financial Crimes AI Agent aims to reduce anti-money laundering investigation time from hours to minutes. BMO and Amalgamated Bank will test the technology with broader availability in H2 2026. FIS also launched FIS CD Prediction Clearing, a cloud-native post-trade clearing solution for 24/7 regulated prediction markets (March 24, 2026). FIS released TreasuryGPT and Banker Assist AI solutions for financial institutions. The company reports 17% negative return over 3 months with earnings expected to increase when reporting results for Q1 2026 on May 8. Analyst consensus is "Buy" with average price target of $64.95.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| FISFIDELITY | $40.13 | -8.00% | +0.6% | 6.4x | 0.83 | $22.5B |
| VVISA | $324.62 | -1.96% | -0.5% | 22.3x | 0.78 | $629.7B |
| MAMASTERCARD | $491.00 | -1.73% | -1.2% | 21.9x | 0.76 | $441.5B |
| XYZBLOCK | $74.18 | +8.06% | -2.8% | 13.8x | 2.57 | $40.9B |
| PYPLPAYPAL | $42.90 | -3.16% | -0.2% | 7.7x | 1.40 | $39.1B |
| FISVFISERV | $50.63 | -9.31% | -1.5% | 6.2x | — | $29.8B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.