Nuscale Power earnings missed by $0.02, revenue fell short of estimates
Investing.com - Mizuho (NYSE:MFG) has reduced its price target on Fidelity National Information Services (NYSE:FIS) to $83.00 from $85.00 while maintaining an Outperform rating on the stock. The company’s shares currently trade at $71.59, with analyst targets ranging from $70 to $100. According to InvestingPro data, the stock has declined nearly 12% in the past week.
The firm clarified that concerns about FIS implicitly guiding down its fiscal year organic revenue growth are "overblown" according to its analysis of the company’s financial outlook.
Mizuho explained that adjusted revenue growth targets exclude all foreign exchange impacts, with the Banking segment guidance changing from 3.7-4.4% to 4.0-4.5%, which includes approximately 20 basis points of merger and acquisition contribution accounting for the upside.
The Capital Markets guidance has remained unchanged at 6.5-7.0%, according to the research note from Mizuho.
The price target reduction from $85 to $83 reflects Mizuho’s updated financial model and trimmed medium-term earnings per share expectations for Fidelity National Information Services.
In other recent news, Fidelity National Information Services reported its second-quarter 2025 earnings, revealing a slight miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $1.36, just below the expected $1.37, and revenue of $2.57 billion, narrowly missing the anticipated $2.58 billion. Despite these minor shortfalls, Fidelity National Information Services raised its full-year revenue guidance. In a related development, Raymond (NSE:RYMD) James adjusted its price target for the company from $95.00 to $88.00, while maintaining an Outperform rating. This adjustment followed the company’s mixed second-quarter results, which included a modest 1% top-line beat. However, analysts were disappointed by the adjusted EBITDA margin performance, which remained flat year-over-year instead of the expected 20 basis point growth. These developments reflect recent activity and analysis surrounding Fidelity National Information Services.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.