William Blair Keeps Outperform Rating on Fidelity National Information Services (FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) is one of the 11 Best Tech Stocks Under $50 to Buy Now. On March 13, William Blair reiterated its Outperform rating on Fidelity National Information Services, Inc. (NYSE:FIS) as the research firm updates its estimates to reflect the company’s $13.5 billion acquisition of Global Payments’ Issuer Solutions business, formerly known as TSYS, which was completed in January.

William Blair pointed out that Fidelity National Information Services, Inc.’s (NYSE:FIS) current valuation does not fully reflect the benefit of years of operational improvements and the opportunities from the TSYS deal.

William Blair Keeps Outperform Rating on Fidelity National Information Services (FIS)

The research firm expects the company’s reported free cash flow to rise to $2.1 billion in 2026 and $2.5 billion in 2027, up from $1.6 billion in 2025. William Blair also forecasts organic revenue growth of around 4% to 5%, along with modest margin expansion in the coming years.

According to William Blair, Fidelity National Information Services, Inc. (NYSE:FIS) will initially use its free cash flow to reduce debt leverage from 3.4x to 2.8x. Over time, the cash could also support mergers and acquisitions and share repurchases.

Fidelity National Information Services, Inc. (NYSE:FIS) is a financial technology company that serves financial institutions, businesses, and developers. It specializes in core banking systems, digital banking solutions, and wealth management.

While we acknowledge the risk and potential of FIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FIS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Under-the-Radar Stocks to Buy According to Hedge Funds and 10 Best Stocks Under $20 to Buy According to Hedge Funds.

Disclosure: None.  Follow Insider Monkey on Google News.