Fiserv (NASDAQ:FISV – Free Report) had its price target lifted by Morgan Stanley from $59.00 to $61.00 in a research note released on Wednesday,Benzinga reports. They currently have an equal weight rating on the business services provider’s stock.
A number of other equities research analysts have also commented on the company. Weiss Ratings lowered Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, October 21st. B. Riley Financial reduced their price target on shares of Fiserv from $66.00 to $51.00 and set a “neutral” rating for the company in a research report on Monday, September 28th. Susquehanna dropped their price objective on shares of Fiserv from $91.00 to $85.00 and set a “positive” rating on the stock in a report on Friday, August 7th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $54.00 price objective on shares of Fiserv in a research note on Friday, August 7th. Finally, Bank of America initiated coverage on shares of Fiserv in a report on Thursday, October 15th. They set an “underperform” rating and a $48.00 target price for the company. Six investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $63.11.
Read Our Latest Stock Analysis on FISV
Fiserv Stock Up 6.2%
Fiserv stock opened at $62.05 on Wednesday. The business’s 50-day simple moving average is $48.93 and its two-hundred day simple moving average is $54.61. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $33.00 billion, a PE ratio of -8.36, a PEG ratio of 5.83 and a beta of 0.85. Fiserv has a fifty-two week low of $43.87 and a fifty-two week high of $70.41.
Fiserv (NASDAQ:FISV – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.03. Fiserv had a positive return on equity of 15.76% and a negative net margin of 18.91%. The firm had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $4.85 billion. Fiserv’s revenue was down 1.3% on a year-over-year basis. Equities analysts anticipate that Fiserv will post 7.26 EPS for the current year.
Insider Buying and Selling
In related news, Director Lance Fritz bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were purchased at an average cost of $51.95 per share, with a total value of $519,500.00. Following the completion of the acquisition, the director directly owned 27,207 shares in the company, valued at approximately $1,413,403.65. The trade was a 58.12% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.06% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Fiserv
Hedge funds have recently bought and sold shares of the stock. Legacy Wealth Asset Management LLC lifted its stake in shares of Fiserv by 3.3% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 6,184 shares of the business services provider’s stock valued at $303,000 after purchasing an additional 195 shares during the period. Sunbelt Securities Inc. grew its stake in Fiserv by 10.4% in the 1st quarter. Sunbelt Securities Inc. now owns 2,290 shares of the business services provider’s stock valued at $128,000 after acquiring an additional 215 shares during the period. Intelligence Driven Advisers LLC grew its position in shares of Fiserv by 4.0% in the third quarter. Intelligence Driven Advisers LLC now owns 6,553 shares of the business services provider’s stock valued at $296,000 after purchasing an additional 250 shares during the period. Plan A Wealth LLC lifted its position in shares of Fiserv by 4.2% in the third quarter. Plan A Wealth LLC now owns 6,832 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 277 shares in the last quarter. Finally, Gilpin Wealth Management LLC increased its position in shares of Fiserv by 22.6% during the third quarter. Gilpin Wealth Management LLC now owns 1,525 shares of the business services provider’s stock worth $69,000 after purchasing an additional 281 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.
Key Headlines Impacting Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Fiserv beat third-quarter adjusted earnings expectations, reporting $1.75 per share versus the $1.72 consensus. The company affirmed its 2026 outlook, while organic revenue was flat. Fiserv third-quarter results
- Positive Sentiment: Management doubled its Project Elevate cost-savings target to $1 billion from $500 million and expects to repurchase $500 million of shares in the fourth quarter. The savings plan and buyback helped fuel investor optimism. Fiserv cost cuts and buybacks
- Positive Sentiment: Argus upgraded FISV to Buy with a $72 target. Several other firms raised targets, including RBC to $70 and Keefe, Bruyette & Woods to $70, though ratings across analysts remain mixed.
- Neutral Sentiment: Fiserv is eliminating about 3,000 employee and contractor positions as it pursues efficiencies. The cuts may support savings, but execution and workforce impacts are uncertainties. Reuters report on job cuts
- Negative Sentiment: Results also showed ongoing pressure: revenue declined year over year, adjusted EPS fell from $2.04 a year earlier, and Fiserv recorded a $6.45 billion goodwill impairment. These factors underline the turnaround and execution risks. Analysis of Fiserv’s earnings and impairment
Fiserv Company Profile
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.
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