Fiserv (NASDAQ:FISV) Price Target Raised to $65.00

Fiserv (NASDAQ:FISV) had its price target lifted by equities researchers at Morgan Stanley from $64.00 to $65.00 in a research report issued to clients and investors on Friday,MarketScreener reports. Morgan Stanley’s price target suggests a potential upside of 16.97% from the stock’s current price.

FISV has been the topic of several other reports. Tigress Financial restated a “buy” rating and set a $95.00 price objective on shares of Fiserv in a research note on Wednesday, March 11th. Truist Financial reduced their price target on shares of Fiserv from $65.00 to $64.00 and set a “hold” rating on the stock in a research report on Friday, April 24th. The Goldman Sachs Group decreased their price target on shares of Fiserv from $79.00 to $70.00 and set a “neutral” rating for the company in a report on Monday, April 13th. B. Riley Financial dropped their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, Compass Point cut their target price on shares of Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Nine analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $83.00.

Fiserv Stock Down 0.5%

Shares of FISV stock traded down $0.26 during trading hours on Friday, hitting $55.57. 355,413 shares of the company were exchanged, compared to its average volume of 7,519,368. The stock has a market capitalization of $29.63 billion, a price-to-earnings ratio of 9.42, a P/E/G ratio of 1.56 and a beta of 0.84. Fiserv has a one year low of $52.17 and a one year high of $177.36. The business’s 50-day simple moving average is $57.57 and its two-hundred day simple moving average is $61.67. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The company’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Sell-side analysts predict that Fiserv will post 8.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Fiserv

Several large investors have recently made changes to their positions in FISV. Stonebridge Capital Advisors LLC grew its position in Fiserv by 2.3% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after purchasing an additional 98 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after buying an additional 116 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares during the period. Twin City Private Wealth LLC boosted its stake in shares of Fiserv by 5.0% during the third quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after buying an additional 170 shares during the period. Finally, ROI Financial Advisors LLC grew its holdings in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares during the last quarter. Institutional investors and hedge funds 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.