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

Core Viewpoint - Fidelity National Information Services, Inc. (NYSE:FIS) is highlighted as one of the best tech stocks under $50, with an Outperform rating reiterated by William Blair following its $13.5 billion acquisition of Global Payments' Issuer Solutions business [1][2]. Financial Performance and Projections - The company is expected to see its reported free cash flow increase to $2.1 billion in 2026 and $2.5 billion in 2027, up from $1.6 billion in 2025 [3]. - Organic revenue growth is forecasted to be around 4% to 5%, with modest margin expansion anticipated in the coming years [3]. Strategic Financial Management - Fidelity National Information Services plans to initially utilize its free cash flow to reduce debt leverage from 3.4x to 2.8x, with potential future uses including mergers and acquisitions and share repurchases [4]. - The company specializes in core banking systems, digital banking solutions, and wealth management, serving financial institutions, businesses, and developers [4].