Fiserv (NASDAQ:FISV) Upgraded to Buy at Argus

Argus upgraded shares of Fiserv (NASDAQ:FISV) from a hold rating to a buy rating in a report published on Wednesday, Marketbeat.com reports. Argus currently has $72.00 price target on the business services provider’s stock.

Several other research analysts also recently weighed in on FISV. Weiss Ratings downgraded shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, October 21st. Royal Bank Of Canada reiterated an “outperform” rating and issued a $65.00 price target (down from $75.00) on shares of Fiserv in a report on Friday, August 7th. Bank of America assumed coverage on shares of Fiserv in a report on Thursday, October 15th. They issued an “underperform” rating and a $48.00 target price on the stock. Oppenheimer cut Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 8th. Finally, Cantor Fitzgerald reduced their price target on Fiserv from $53.00 to $48.00 and set a “neutral” rating for the company in a research report on Friday, October 16th. Six research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Fiserv has a consensus rating of “Hold” and an average price target of $63.11.

Fiserv Stock Performance

NASDAQ FISV opened at $62.05 on Wednesday. The firm has a market capitalization of $33.00 billion, a P/E ratio of -8.36, a P/E/G ratio of 5.83 and a beta of 0.85. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.04 and a quick ratio of 1.04. Fiserv has a 1-year low of $43.87 and a 1-year high of $70.41. The business’s 50-day simple moving average is $48.93 and its 200-day simple moving average is $54.61.

Fiserv (NASDAQ:FISV) last released 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 negative net margin of 18.91% and a positive return on equity of 15.76%. The company had revenue of $4.85 billion during the quarter, compared to analyst estimates of $4.85 billion. The business’s revenue was down 1.3% compared to the same quarter last year. Equities analysts predict that Fiserv will post 7.26 EPS for the current year.

Insider Transactions at Fiserv

In related news, Director Lance Fritz purchased 10,000 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was bought at an average price of $51.95 per share, for a total transaction of $519,500.00. Following the purchase, the director owned 27,207 shares in the company, valued at $1,413,403.65. The trade was a 58.12% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Fiserv

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

Key Fiserv News

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.