Shares of Fiserv, Inc. (NASDAQ:FISV – Get Free Report) have been given an average recommendation of “Hold” by the thirty-seven brokerages that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, twenty-seven have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $83.5667.
A number of equities analysts have weighed in on the company. Citigroup decreased their price target on Fiserv from $68.00 to $60.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 14th. Deutsche Bank Aktiengesellschaft decreased their price target on Fiserv from $63.00 to $60.00 in a report on Monday. Weiss Ratings upgraded Fiserv from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. Finally, Mizuho decreased their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th.
Check Out Our Latest Report on Fiserv
Fiserv Stock Down 4.6%
Fiserv (NASDAQ:FISV – Get Free Report) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts expect that Fiserv will post 8.14 earnings per share for the current year.
Key Stories Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv announced an agreement with Bridgeport Partners to form a joint venture covering its ATM Managed Services, Cash & Logistics, and MoneyPass businesses. The deal could help Fiserv unlock value, streamline operations, and accelerate growth in its cash-services businesses. Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses
- Positive Sentiment: Fiserv also expanded its Clover platform with Clover Reserve powered by Tabit, an AI-driven restaurant POS and hospitality solution aimed at full-service and fine-dining restaurants. Investors may see this as a way to deepen Clover’s reach and support longer-term merchant revenue growth. Fiserv Tabit AI Restaurant Platform Aims To Deepen Clover Relationships
- Neutral Sentiment: Industry commentary highlighted Fiserv as one of several financial transaction stocks positioned to benefit from digital payments trends such as contactless payments and cross-border growth, which supports the company’s longer-term operating backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
- Neutral Sentiment: Several analysts still see upside from current levels, but targets have been mixed, with some recent cuts offset by others that remain bullish. That creates a divided near-term sentiment backdrop rather than a clear catalyst. Deutsche Bank Adjusts Price Target on Fiserv to $60 From $63
- Negative Sentiment: Rothschild & Co Redburn cut its price target to $40 and kept a sell rating, reinforcing concerns that Fiserv may face further downside if growth or margins do not improve soon. Rothschild & Co Redburn Adjusts Price Target on Fiserv to $40 From $50
Hedge Funds Weigh In On Fiserv
Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. purchased a new position in shares of Fiserv during the 4th quarter valued at approximately $3,507,063,000. Dodge & Cox purchased a new position in shares of Fiserv during the 4th quarter valued at approximately $3,323,210,000. Capital World Investors boosted its stake in shares of Fiserv by 35.2% during the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock valued at $3,324,073,000 after buying an additional 6,714,536 shares during the last quarter. State Street Corp purchased a new position in shares of Fiserv during the 4th quarter valued at approximately $1,588,663,000. Finally, Geode Capital Management LLC purchased a new position in shares of Fiserv during the 4th quarter valued at approximately $854,215,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.
Fiserv Company Profile
Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.
Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.
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