On November 13, Fidelity National Information fell 4.57% in Regular Trading, trading at $28.925 per share, with turnover of $90.9334 million.
The move coincided with continued pressure after the company lowered its full-year outlook and analysts followed with additional target price cuts while maintaining cautious ratings.
Earlier in November, management guided full-year revenue to $13.45 billion-$13.51 billion, below the $13.66 billion market expectation, after reporting quarterly revenue of $3.377 billion, up 29.09% year over year, and adjusted EPS of $1.48. Since then, Bernstein cut its target price to $31 from $48 with a Hold-equivalent rating, Truist also lowered its target to $31 from $37 and kept Hold, and Argus downgraded the stock to Hold. Recent commentary has also pointed to softer EBITDA and EPS expectations, a weak 2027 outlook, and investor caution around earnings recovery, buyback timing, and deleveraging progress.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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