Fiserv (NASDAQ:FISV) Earns Neutral Rating from B. Riley Financial

Key Points

• B. Riley Financial reiterated a Neutral rating on Fiserv and raised its price target from $51 to $60, implying about 1% downside from the share price cited in the report.
• Fiserv reported quarterly EPS of $1.75, beating the $1.72 consensus estimate, while revenue of $4.85 billion was in line with expectations; revenue declined 1.3% year over year.
• Analyst opinion overall remained cautious: MarketBeat reported a consensus Hold rating and an average price target of $61.41.

Fiserv (NASDAQ:FISV - Get Free Report)'s stock had its "neutral" rating restated by stock analysts at B. Riley Financial in a research note issued on Wednesday, Benzinga reports. They presently have a $60.00 price objective on the business services provider's stock, up from their prior price objective of $51.00. B. Riley Financial's price objective would suggest a potential downside of 1.01% from the stock's current price.

Other research analysts also recently issued reports about the company. Weiss Ratings downgraded Fiserv from a "sell (d+)" rating to a "sell (d)" rating in a research note on Wednesday, October 21st. Stephens started coverage on shares of Fiserv in a research note on Tuesday, August 11th. They issued an "equal weight" rating and a $57.00 target price for the company. Raymond James Financial restated a "market perform" rating on shares of Fiserv in a report on Tuesday, July 7th. Citigroup lowered their price objective on shares of Fiserv from $57.00 to $53.00 and set a "neutral" rating for the company in a research note on Friday, October 16th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $54.00 price objective on shares of Fiserv in a research note on Friday, August 7th. Six equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $61.41.

Fiserv Stock Performance

Fiserv stock traded up $2.21 during trading hours on Wednesday, hitting $60.61. 1,911,836 shares of the stock traded hands, compared to its average volume of 7,529,655. The firm's 50 day moving average price is $48.74 and its 200-day moving average price is $54.64. The stock has a market capitalization of $32.23 billion, a price-to-earnings ratio of 11.63, a P/E/G ratio of 5.19 and a beta of 0.85. Fiserv has a 1 year low of $43.87 and a 1 year high of $70.41. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.04 and a quick ratio of 1.04.

Fiserv (NASDAQ:FISV - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.72 by $0.03. The firm had revenue of $4.85 billion for the quarter, compared to analyst estimates of $4.85 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%. The company's revenue for the quarter was down 1.3% compared to the same quarter last year. As a group, equities analysts expect that Fiserv will post 7.25 EPS for the current fiscal year.

Insider Transactions at Fiserv

In other news, Director Lance Fritz bought 10,000 shares of the company'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 completion of the transaction, the director directly owned 27,207 shares in the company, valued at $1,413,403.65. The trade was a 58.12% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Fiserv

Hedge funds and other institutional investors have recently modified their holdings of the company. StoneRidge PMG Advisors LLC purchased a new stake in shares of Fiserv during the third quarter worth approximately $728,000. Hohimer Wealth Management LLC purchased a new position in Fiserv during the 3rd quarter worth $937,000. University of Texas Texas AM Investment Management Co. raised its stake in Fiserv by 444.1% during the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 3,455 shares of the business services provider's stock valued at $156,000 after acquiring an additional 2,820 shares during the last quarter. Ethic Inc. lifted its holdings in shares of Fiserv by 7.0% during the third quarter. Ethic Inc. now owns 46,283 shares of the business services provider's stock worth $2,091,000 after purchasing an additional 3,031 shares during the period. Finally, Pictet Asset Management Holding SA increased its stake in shares of Fiserv by 28.6% during the third quarter. Pictet Asset Management Holding SA now owns 504,877 shares of the business services provider's stock worth $22,810,000 after acquiring an additional 112,405 shares during the period. Institutional investors and hedge funds 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 estimate, and reaffirmed its 2026 outlook. Revenue was roughly in line with expectations. Fiserv Reports Third Quarter 2026 Results
• Positive Sentiment: The company doubled its Project Elevate cost-savings target to $1 billion from $500 million and plans to repurchase $500 million of shares in the fourth quarter. Reports say it has eliminated 3,000 employee and contractor positions since June, supporting the cost-reduction effort. Fiserv Doubles Down on Cost Cuts, Renews Focus on Buybacks
• Positive Sentiment: Analyst actions were broadly supportive: Argus upgraded FISV to Buy with a $72 target, while Keefe, Bruyette & Woods raised its target to $70 and kept an Outperform rating. Morgan Stanley lifted its target to $61 but maintained Equal Weight.
• Positive Sentiment: Fiserv’s October Small Business Index showed sales up 2.3% year over year, its strongest annual gain since July 2025, offering a modest sign of improving activity. Fiserv Small Business Index Shows Sales Momentum Heading into Holiday Season
• Negative Sentiment: Results still show operating pressure: GAAP revenue fell about 1%, organic revenue was flat, and adjusted EPS declined from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a GAAP loss, while reports cite shrinking margins, particularly in Merchant Solutions. Fiserv Wants AI to Fix What Decades of Payments Growth Made Expensive
• Negative Sentiment: After its sharp earnings-related advance, a technical analysis article says FISV is overbought near $59 resistance, raising the possibility of consolidation or a reversal if sellers emerge. Stock of the Day: Is This the Top for Fiserv?

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.

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