Fidelity National Information's Growth To Accelerate In Q2 After A Slow Start In Q1: Analyst
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2025
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Source: Benzinga
Analyst Revisions: Following FIS's fourth-quarter results, several analysts have lowered their price forecasts due to weaker-than-expected banking growth, with notable reductions from BofA Securities and Susquehanna among others.
Financial Outlook: FIS reported a revenue of $2.599 billion, slightly below expectations, and provided a cautious outlook for FY25, projecting revenues and adjusted EPS that also fell short of consensus estimates.
Analyst Views on IPAY
Wall Street analysts forecast IPAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IPAY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 51.650
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Current: 51.650
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
