Fidelity National Information Services, Inc. (NYSE:FIS) is included in our list of the 11 best very cheap stocks to buy according to billionaires.
Investor sentiment toward Fidelity National Information Services, Inc. (NYSE:FIS) has grown as analysts assess the fintech firm’s strategic repositioning. This is particularly true after the company underwent major portfolio changes.
On March 9, 2026, Goldman Sachs resumed coverage of Fidelity National Information Services, Inc. (NYSE:FIS) with a “Buy” rating and a price target of $70.
The bank emphasized that FIS has reinvented itself as a pure-play supplier of banking software and infrastructure solutions following the completion of the 2019 Worldpay acquisition and the acquisition of TSYS’s credit issuer processing business.
According to Goldman, Fidelity National Information Services, Inc. (NYSE:FIS) forecasts recurring revenue growth in the mid-single-digit range. This indicates a more focused operational strategy centered on financial institution technology platforms.
Earlier, on March 3, 2026, Truist analyst Matthew Coad maintained a “Hold” rating on Fidelity National Information Services, Inc. (NYSE:FIS), lowering his price target from $69 to $57. He remains cautious amid lower-than-expected contributions from the TSYS acquisition, lower peer valuation multiples in the payment industry, and lower free cash flow projections.
Fidelity National Information Services, Inc. (NYSE:FIS) delivers core processing and transaction software, as well as other banking and capital markets technology solutions, to companies and financial institutions worldwide.
While we acknowledge the potential of FIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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