FIS, also known as
Fidelity National Information Services, recently acquired
Demica and
Dragonfly. Despite outperforming on the Q4 earnings estimates, the company's stock has been slumping due to a disappointing outlook. The company announced its full-year 2024 results and 2025 outlook which confirms their accelerating momentum, however, the profit forecast fell short, causing a plunge in their shares. Although Q1 revenue was estimated to range from $2.49B to $2.51B, several financial establishments such as
RBC Capital and
UBS Group have proceeded to cut FIS's price target. Despite better-than-expected earnings and strong 2024 results, the EPS has missed expectations and the company's weak guidance has caused a drop in the stock through 2025. Towards the end of this period, however,
FIS saw unusually high trading volume and was named a leader in 2025 Gartner Magic Quadrant for Retail Core Banking Systems in North America. A glimpse into the expert outlook on
Fidelity National Information Services indicates that, despite a tumultuous period, an uptick could be on the horizon.
Fidelity National Information Services FIS News Analytics from Thu, 16 May 2024 07:00:00 GMT to Sat, 15 Feb 2025 15:29:45 GMT -
Rating -5
- Innovation -2
- Information 7
- Rumor 0
