Argus Upgrades Fiserv (NASDAQ:FISV) to Buy

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

FISV has been the subject of several other research reports. B. Riley Financial dropped their price objective on shares of Fiserv from $66.00 to $51.00 and set a “neutral” rating for the company in a research note on Monday, September 28th. Bank of America assumed coverage on shares of Fiserv in a research report on Thursday, October 15th. They set an “underperform” rating and a $48.00 target price on the stock. Susquehanna decreased their target price on shares of Fiserv from $91.00 to $85.00 and set a “positive” rating on the stock in a research report on Friday, August 7th. Oppenheimer cut shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, October 8th. Finally, Wells Fargo & Company set a $56.00 price target on shares of Fiserv and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Six equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $61.07.

Fiserv Stock Up 12.5%

FISV opened at $58.40 on Wednesday. Fiserv has a fifty-two week low of $43.87 and a fifty-two week high of $70.41. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market capitalization of $31.06 billion, a P/E ratio of 11.21, a P/E/G ratio of 5.19 and a beta of 0.85. The stock has a fifty day moving average of $48.74 and a 200-day moving average of $54.64.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.03. Fiserv had a net margin of 13.42% and a return on equity of 15.80%. The company had revenue of $4.85 billion during the quarter, compared to analysts’ expectations of $4.85 billion. The business’s revenue was down 1.3% on a year-over-year basis. On average, equities analysts expect that Fiserv will post 7.25 EPS for the current year.

Insider Transactions at Fiserv

In other news, Director Lance Fritz bought 10,000 shares of the firm’s stock in a transaction 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 acquisition, the director directly owned 27,207 shares in the company, valued at $1,413,403.65. This represents a 58.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is owned by insiders.

Institutional Trading of Fiserv

A number of institutional investors and hedge funds have recently made changes to their positions in FISV. BlackRock Inc. acquired a new position in shares of Fiserv in the 2nd quarter valued at about $2,079,711,000. JANA Partners Management LP boosted its position in shares of Fiserv by 97.5% during the 1st quarter. JANA Partners Management LP now owns 4,435,605 shares of the business services provider’s stock valued at $247,507,000 after purchasing an additional 2,190,085 shares in the last quarter. Deutsche Bank AG bought a new stake in shares of Fiserv during the 2nd quarter valued at about $178,310,000. Legal & General Group Plc acquired a new stake in Fiserv during the second quarter worth approximately $161,557,000. Finally, Turtle Creek Asset Management Inc. grew its stake in Fiserv by 968.1% during the first quarter. Turtle Creek Asset Management Inc. now owns 2,643,668 shares of the business services provider’s stock worth $147,517,000 after purchasing an additional 2,396,167 shares during the period. Institutional investors own 90.98% of the company’s stock.

Fiserv News Roundup

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

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.