Fiserv (NASDAQ:FISV) Given New $62.00 Price Target at Citigroup

Fiserv (NASDAQ:FISV) had its price objective raised by equities researchers at Citigroup from $53.00 to $62.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. Citigroup‘s target price suggests a potential downside of 0.08% from the stock’s current price.

Several other brokerages have also recently weighed in on FISV. Morgan Stanley upped their price target on Fiserv from $59.00 to $61.00 and gave the company an “equal weight” rating in a research report on Wednesday. B. Riley Financial restated a “neutral” rating and issued a $60.00 price objective (up from $51.00) on shares of Fiserv in a research report on Wednesday. Keefe, Bruyette & Woods raised their price objective on shares of Fiserv from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday. Susquehanna reduced their price objective on shares of Fiserv from $91.00 to $85.00 and set a “positive” rating for the company in a research note on Friday, August 7th. Finally, Weiss Ratings cut shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, October 21st. Six equities research 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.com, Fiserv currently has an average rating of “Hold” and a consensus target price of $62.81.

Fiserv Stock Performance

Shares of NASDAQ FISV traded up $3.65 during mid-day trading on Wednesday, hitting $62.05. The company had a trading volume of 16,395,547 shares, compared to its average volume of 7,591,577. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.99. Fiserv has a 1 year low of $43.87 and a 1 year high of $70.41. The company has a market capitalization of $33.00 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 5.19 and a beta of 0.85. The stock’s 50-day moving average price is $48.74 and its 200-day moving average price is $54.64.

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

Insider Buying and Selling at Fiserv

In related news, Director Lance Fritz acquired 10,000 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was 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 approximately $1,413,403.65. The trade was a 58.12% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Handelsbanken Fonder AB boosted its holdings in shares of Fiserv by 16.9% in the 2nd quarter. Handelsbanken Fonder AB now owns 176,106 shares of the business services provider’s stock worth $8,638,000 after purchasing an additional 25,477 shares in the last quarter. Stanley Capital Management LLC purchased a new position in shares of Fiserv during the 2nd quarter valued at about $6,159,000. Renaissance Technologies LLC raised its holdings in shares of Fiserv by 437.5% during the 1st quarter. Renaissance Technologies LLC now owns 668,227 shares of the business services provider’s stock valued at $37,287,000 after buying an additional 543,900 shares in the last quarter. Paralel Advisors LLC bought a new stake in Fiserv in the 2nd quarter worth approximately $2,031,000. Finally, Woodstock Corp lifted its position in Fiserv by 20.3% in the 3rd quarter. Woodstock Corp now owns 131,739 shares of the business services provider’s stock worth $5,952,000 after buying an additional 22,256 shares during the last quarter. 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 adjusted third-quarter EPS of $1.75, topping the $1.72 consensus, and affirmed its 2026 outlook. Management doubled its Project Elevate savings target to $1 billion and plans a $500 million share repurchase in the fourth quarter—key catalysts behind the more optimistic reaction. Fiserv third-quarter results
• Positive Sentiment: Argus upgraded FISV to Buy with a $72 target. RBC and Keefe, Bruyette & Woods raised targets to $70 and maintained Outperform ratings, signaling potential upside from current levels. Argus recommendation
• Neutral Sentiment: Several other firms also raised targets, but their views were more cautious: JPMorgan set $65 with a Neutral rating, while TD Cowen and Barclays set $59 with Hold/Equal Weight ratings. This suggests analysts see improvement but remain divided on the recovery’s pace. JPMorgan recommendation
• Negative Sentiment: Underlying results were weak: revenue declined about 1% year over year, organic revenue was flat, and adjusted EPS fell from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a GAAP loss, while reports say the company is cutting 3,000 employee and contractor positions. These factors underscore ongoing business and execution risks. Goodwill impairment report

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.