Why Fidelity National Information Services (FIS) Crashed Last Week?

We recently published a list of These Were Last Week’s 10 Worst Performers. In this article, we are going to take a look at where Fidelity National Information Services, Inc. (NYSE:FIS) stands against other last week’s worst performers.

Ten companies posted double-digit declines last week amid a series of dismal earnings performance and outlook guidance that weighed down on investor sentiment, bucking an overall strength of Wall Street’s main indices on a week’s basis.

Over the past five trading days, the Dow Jones registered growth of 0.5 percent, the S&P 500 increased by 1.47 percent, and the tech-heavy Nasdaq rallied by 2.57 percent.

To come up with the list, we only considered the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.

A financial analyst monitoring the stock market, with multiple screens of varying sizes and colors.

Fidelity National Information Services, Inc. (NYSE:FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) saw its share prices lose 17.3 percent in value last week, ending Friday’s session at $68.98 versus the $83.42 on February 7 as a weak outlook for the rest of the year weighed on the company’s stock price.

During the entire trading week, FIS’ shares fell for five consecutive days after announcing first-quarter revenue expectations between $2.485 billion and $2.51 billion, and adjusted earnings per share of $1.17 to $1.22, falling below analyst consensus.

Revenues for full-year 2025 were also pegged at $10.435 billion to $10.495 billion, with adjusted EPS between $5.7 to $5.8.

Last year, Fidelity National Information Services (NYSE:FIS) registered an impressive earnings performance, with net income growing 57 percent to $787 million from $502 million in 2023.

Meanwhile, net profit for the fourth quarter alone skyrocketed 390 percent to $304 million from $62 million year-on-year.

Overall, FIS ranks 7th on our list of last week’s worst performers. While we acknowledge the potential of FIS as an investment, our conviction lies in the belief that 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 but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.