Fiserv (NASDAQ:FISV – Get Free Report)‘s stock had its “neutral” rating reiterated by research analysts at Cantor Fitzgerald in a report issued on Wednesday,Benzinga reports. They presently have a $70.00 target price on the business services provider’s stock. Cantor Fitzgerald’s price objective points to a potential upside of 17.92% from the company’s previous close.
Several other analysts also recently commented on the stock. UBS Group decreased their price objective on shares of Fiserv from $75.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 11th. Zacks Research upgraded Fiserv from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 14th. Compass Point decreased their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. BNP Paribas Exane upped their price objective on Fiserv from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Finally, Citigroup reiterated a “neutral” rating and set a $68.00 target price (down from $75.00) on shares of Fiserv in a research report on Wednesday, February 11th. Ten analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $109.74.
View Our Latest Analysis on FISV
Fiserv Stock Performance
Fiserv (NASDAQ:FISV – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The business services provider reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.51 EPS. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts forecast that Fiserv will post 10.23 EPS for the current year.
Institutional Investors Weigh In On Fiserv
Large investors have recently bought and sold shares of the business. Oakworth Capital Inc. bought a new position in Fiserv during the 4th quarter valued at about $25,000. Private Wealth Asset Management LLC purchased a new position in shares of Fiserv during the fourth quarter valued at approximately $25,000. American National Bank & Trust purchased a new position in shares of Fiserv during the fourth quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new position in shares of Fiserv during the fourth quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC bought a new position in shares of Fiserv during the fourth quarter valued at approximately $27,000. Institutional investors own 90.98% of the company’s stock.
About Fiserv
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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