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Research Alert: CFRA Keeps Buy Rating On Shares Of Fidelity National Information Services, Inc.

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

Following Q1 results, we lower our target by $11 to $57, 8.4x our 2027 EPS view, vs. the peer average of 10.0x. We keep our 2026 EPS estimate unchanged at $6.25 and trim 2027's to $6.75 from $6.80. Q1 was defined by strategic announcements, including a landmark AI partnership with Anthropic to co-develop regulated banking "agents" and the launch of Project Keystone, a tokenized deposit network with major U.S. banks. This strategic progress was supported by strong financial execution, particularly within the Banking Solutions segment. However, this strength was partially tempered by macro-driven softness in the Capital Markets segment's lending business, leading management to guide that segment toward the lower end of its annual forecast. Management reiterated its full-year outlook, buoyed by impressive 24% growth in recurring annual contract value, a key indicator of future revenue. FIS is prioritizing the use of its FCF to deleverage its balance sheet toward its 2.8x target, temporarily pausing buybacks.

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