Argus Upgrades Fiserv (NASDAQ:FISV) to Buy

Fiserv (NASDAQ:FISV) was upgraded by equities research analysts at Argus from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage currently has a $72.00 target price on the business services provider’s stock. Argus‘s price objective indicates a potential upside of 23.29% from the stock’s current price.

FISV has been the topic of a number of other research reports. Oppenheimer cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 8th. Barclays set a $50.00 target price on Fiserv and gave the company an “equal weight” rating in a research report on Friday, October 9th. Raymond James Financial reaffirmed a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. Morgan Stanley increased their price target on Fiserv from $59.00 to $61.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. reduced their price objective on Fiserv from $62.00 to $60.00 and set a “neutral” rating for the company in a research note on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, Fiserv has a consensus rating of “Hold” and a consensus target price of $61.07.

Fiserv Stock Up 12.5%

Fiserv stock opened at $58.40 on Wednesday. The company has a market capitalization of $31.06 billion, a PE ratio of 11.21, a PEG ratio of 5.19 and a beta of 0.85. Fiserv has a 12-month low of $43.87 and a 12-month high of $70.41. The firm’s fifty day moving average is $48.74 and its 200 day moving average is $54.64. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.99.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.03. Fiserv had a net margin of 13.42% and a return on equity of 15.80%. The firm had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $4.85 billion. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, sell-side analysts predict that Fiserv will post 7.25 EPS for the current fiscal year.

Insider Buying and Selling at Fiserv

In related news, Director Lance Fritz purchased 10,000 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average cost of $51.95 per share, with a total value of $519,500.00. Following the acquisition, the director owned 27,207 shares of the company’s stock, valued at $1,413,403.65. This represents a 58.12% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Fiserv

Large investors have recently modified their holdings of the stock. StoneRidge PMG Advisors LLC bought a new position in Fiserv during the third quarter valued at $728,000. Hohimer Wealth Management LLC purchased a new position in shares of Fiserv during the 3rd quarter valued at $937,000. University of Texas Texas AM Investment Management Co. lifted its position in shares of Fiserv by 444.1% during the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 3,455 shares of the business services provider’s stock valued at $156,000 after buying an additional 2,820 shares during the last quarter. Ethic Inc. grew its stake in shares of Fiserv by 7.0% during the 3rd quarter. Ethic Inc. now owns 46,283 shares of the business services provider’s stock worth $2,091,000 after acquiring an additional 3,031 shares during the period. Finally, Pictet Asset Management Holding SA grew its stake in shares of Fiserv by 28.6% during the 3rd quarter. Pictet Asset Management Holding SA now owns 504,877 shares of the business services provider’s stock worth $22,810,000 after acquiring an additional 112,405 shares during the period. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Key Stories Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv reported third-quarter adjusted EPS of $1.75, slightly ahead of the $1.72 consensus, and reaffirmed its 2026 outlook. The company doubled its Project Elevate savings target to $1 billion from $500 million and plans to buy back $500 million of shares in the fourth quarter. Fiserv third-quarter results
• Positive Sentiment: Fiserv’s October Small Business Index showed sales up 2.3% year over year, the strongest annual gain since July 2025, offering a constructive signal for payments activity ahead of the holiday season. Fiserv Small Business Index
• Neutral Sentiment: Goldman Sachs raised its price target, while cautioning that a full turnaround will take time—suggesting improved expectations but continued execution risk. Goldman Sachs price target and turnaround outlook
• Negative Sentiment: Results were weak beneath the adjusted-earnings beat: organic revenue was flat, reported revenue declined about 1%, and adjusted EPS fell from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a large GAAP loss, while pressure in Merchant Solutions weighed on profitability. Fiserv earnings and impairment analysis
• Negative Sentiment: Fiserv has cut about 3,000 employee and contractor positions since June. The reductions may support savings, but also underscore the scale of the company’s restructuring and the challenges behind its turnaround. Reuters report on job cuts

About Fiserv

Fiserv, Inc is a global financial technology company that provides payment, banking, and commerce solutions to financial institutions, merchants, and other businesses. Its services support electronic payments, card processing, digital banking, account processing, fraud prevention, and related financial workflows.

The company’s offerings include merchant acceptance and payments technology, issuer processing, digital banking platforms, core account-processing systems, electronic bill payment, and data-driven financial services.