Fidelity National Information Services (FIS) Refocuses on Core Banking Tech, Acquires Global Payments Unit, and Upgrades Guidance

Fidelity National Information Services (FIS) has reshaped its business by exiting the merchant acquirer segment, acquiring Global Payments' issuer solutions arm, and lifting its revenue guidance for fiscal 2025. Despite this, the stock has weak momentum with a 30-day share price return of 9.96% and a 1-year total shareholder return of 23.71%. The current market price of $60.50 is below the estimated fair value of $79.00, indicating the stock may be undervalued.