Fidelity National Information Services (FIS) is expected to report Q2 2026 revenue of $3.38 billion and EPS of $1.47, with the stock currently trading at $44.93 compared to an average analyst price target of $56.55. Investors are primarily focused on underlying pro forma revenue growth to gauge core business strength following the recent $13.5 billion acquisition of the Total Issuing Solutions business.
While headline revenue is projected to grow nearly 30% due to deal consolidation, the market is looking for pro forma growth within the management-guided range of 5.1% to 5.7%. Additionally, analysts are watching for updates on the company's elevated 3.6x leverage ratio and the integration of new AI-driven security partnerships meant to drive future margin expansion.