Fiserv (NASDAQ:FISV – Free Report) had its price target reduced by JPMorgan Chase & Co. from $62.00 to $60.00 in a research report report published on Friday morning,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.
Other equities research analysts have also issued research reports about the stock. UBS Group set a $60.00 price target on shares of Fiserv and gave the stock a “neutral” rating in a research note on Friday. Mizuho reduced their price objective on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Wednesday, May 6th. Morgan Stanley set a $59.00 target price on Fiserv in a research report on Friday. BNP Paribas Exane lowered Fiserv from a “neutral” rating to an “underperform” rating and set a $46.00 target price on the stock. in a research note on Friday, June 5th. Finally, Keefe, Bruyette & Woods dropped their price target on Fiserv from $70.00 to $65.00 and set an “outperform” rating on the stock in a research report on Friday. Six research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and an average target price of $74.60.
Read Our Latest Research Report on FISV
Fiserv Price Performance
Fiserv (NASDAQ:FISV – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The business services provider reported $1.84 EPS for the quarter, missing the consensus estimate of $1.91 by ($0.07). The company had revenue of $4.96 billion during the quarter, compared to the consensus estimate of $5.04 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%.The firm’s revenue for the quarter was down 4.1% compared to the same quarter last year. On average, research analysts expect that Fiserv will post 7.3 EPS for the current year.
Insiders Place Their Bets
In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of Fiserv stock in a transaction that occurred on Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the purchase, the chief financial officer owned 184,107 shares of the company’s stock, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.06% of the company’s stock.
Hedge Funds Weigh In On Fiserv
Hedge funds have recently made changes to their positions in the stock. Chicago Capital LLC bought a new stake in Fiserv during the fourth quarter worth about $1,316,000. ZWJ Investment Counsel Inc. purchased a new position in Fiserv in the 4th quarter worth $1,141,000. Robeco Institutional Asset Management B.V. purchased a new position in Fiserv in the 4th quarter worth $4,127,000. KLP Kapitalforvaltning AS bought a new stake in Fiserv in the fourth quarter worth $14,907,000. Finally, Sequoia Financial Advisors LLC bought a new stake in Fiserv in the fourth quarter worth $1,996,000. 90.98% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Fiserv
Here are the key news stories impacting Fiserv this week:
- Positive Sentiment: Despite lowering its target, Susquehanna maintained a “positive” rating and set an $85 target, implying substantial potential upside from recent levels. Keefe, Bruyette & Woods also retained an “outperform” rating with a $65 target. Benzinga analyst ratings
- Positive Sentiment: Recent insider activity has been supportive, with several company executives and directors reportedly purchasing FISV shares rather than selling them. This may signal that insiders view the selloff as excessive, although it does not offset the weaker operating outlook.
- Neutral Sentiment: JPMorgan reduced its price target from $62 to $60 and moved to a “neutral” rating, while TD Cowen cut its target from $63 to $55 and assigned a “hold” rating. The targets remain above the recent share price, but the reductions indicate lower near-term confidence. Benzinga analyst ratings
- Neutral Sentiment: New CEO Takis Georgakopoulos is attempting to reset expectations, with management emphasizing technology investment and a potential recovery in 2027. Investors may view the longer-term rebound opportunity positively, but it depends on improved execution and renewed client spending. Fiserv’s New CEO Resets Guidance as Headwinds Hit Growth
- Negative Sentiment: Fiserv missed second-quarter earnings and revenue expectations. Adjusted EPS was $1.84, below estimates and down from $2.47 a year earlier, while revenue declined year over year amid margin pressure. FISV Q2 Earnings Miss Estimates on Margin Pressure
- Negative Sentiment: Management cut 2026 adjusted EPS guidance to $7.20–$7.40 from $8.00–$8.30 and changed its organic revenue forecast from 1%–3% growth to flat or down 1%. Delayed client projects, weaker Argentine conditions, softer hardware sales and increased technology spending are weighing on results. FISV Q2 Earnings Call Resets Outlook
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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