Fiserv (NASDAQ:FISV) Given New $70.00 Price Target at Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised its Fiserv price target from $65 to $70 and maintained an Outperform rating, implying 13.27% upside from the prior close.
• Analyst views are mixed: Fiserv has a consensus Hold rating and an average price target of $61.59, below Wednesday’s share price of $61.80.
• Fiserv reported quarterly EPS of $1.75, slightly above expectations of $1.72, while revenue was flat against estimates and declined 1.3% year over year.

Fiserv (NASDAQ:FISV - Get Free Report) had its target price raised by investment analysts at Royal Bank Of Canada from $65.00 to $70.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has an "outperform" rating on the business services provider's stock. Royal Bank Of Canada's target price suggests a potential upside of 13.27% from the company's previous close.

Several other equities research analysts have also recently weighed in on FISV. Raymond James Financial reiterated a "market perform" rating on shares of Fiserv in a research report on Tuesday, July 7th. 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. Cantor Fitzgerald reduced their price objective on shares of Fiserv from $53.00 to $48.00 and set a "neutral" rating for the company in a research note on Friday, October 16th. B. Riley Financial reaffirmed a "neutral" rating and set a $60.00 target price (up from $51.00) on shares of Fiserv in a report on Wednesday. Finally, Zacks Research cut shares of Fiserv from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 19th. Six equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, Fiserv currently has a consensus rating of "Hold" and a consensus price target of $61.59.

Fiserv Stock Performance

Shares of Fiserv stock traded up $3.40 during trading hours on Wednesday, reaching $61.80. The company had a trading volume of 5,900,546 shares, compared to its average volume of 7,553,993. The firm has a market cap of $32.86 billion, a PE ratio of 11.86, a price-to-earnings-growth ratio of 5.19 and a beta of 0.85. Fiserv has a one year low of $43.87 and a one 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. The business has a fifty day simple moving average of $48.74 and a 200 day simple moving average of $54.64.

Fiserv (NASDAQ:FISV - Get Free Report) last released its quarterly earnings data 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. Fiserv had a return on equity of 15.80% and a net margin of 13.42%. The company had revenue of $4.85 billion for the quarter, compared to analyst estimates of $4.85 billion. Fiserv's revenue was down 1.3% on a year-over-year basis. On average, analysts anticipate that Fiserv will post 7.25 earnings per share for the current fiscal year.

Insider Activity

In other Fiserv news, Director Lance Fritz purchased 10,000 shares of the company's stock in a transaction dated Friday, August 7th. The stock was purchased at an average price of $51.95 per share, for a total transaction of $519,500.00. Following the transaction, 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 document filed with the SEC, which is available through the SEC website. Company insiders own 0.06% of the company's stock.

Hedge Funds Weigh In On Fiserv

Institutional investors have recently made changes to their positions in the stock. Handelsbanken Fonder AB lifted its holdings in shares of Fiserv by 16.9% during the second quarter. Handelsbanken Fonder AB now owns 176,106 shares of the business services provider's stock valued at $8,638,000 after purchasing an additional 25,477 shares during the last quarter. Stanley Capital Management LLC purchased a new stake in shares of Fiserv in the 2nd quarter worth approximately $6,159,000. Renaissance Technologies LLC grew its stake in shares of Fiserv by 437.5% in the 1st quarter. Renaissance Technologies LLC now owns 668,227 shares of the business services provider's stock worth $37,287,000 after buying an additional 543,900 shares during the last quarter. Paralel Advisors LLC purchased a new stake in shares of Fiserv in the 2nd quarter worth approximately $2,031,000. Finally, Woodstock Corp increased its position in Fiserv by 20.3% during the 3rd quarter. Woodstock Corp now owns 131,739 shares of the business services provider's stock valued at $5,952,000 after buying an additional 22,256 shares in the last quarter. Institutional investors own 90.98% of the company's stock.

Fiserv News Summary

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Analyst optimism: Argus upgraded Fiserv from Hold to Buy with a $72 price target, while Keefe, Bruyette & Woods reiterated Outperform and raised its target to $70. Argus rating page
• Positive Sentiment: Cost savings and shareholder returns: Fiserv doubled its Project Elevate savings goal to $1 billion and plans to repurchase $500 million of shares in Q4. It also reaffirmed its 2026 organic revenue and adjusted EPS outlook. Fiserv Q3 results
• Positive Sentiment: Quarterly EPS topped expectations: Adjusted EPS was $1.75 versus the $1.72 consensus. The modest beat, alongside management’s savings initiatives, helped fuel the post-earnings rally. Why Fiserv stock rallied
• Neutral Sentiment: Mixed analyst signals: Morgan Stanley raised its target to $61 but kept an Equal Weight rating, and B. Riley raised its target to $60 while maintaining Neutral—both targets are below the current share price. Morgan Stanley rating page
• Negative Sentiment: Growth and profitability remain concerns: Revenue was roughly in line with estimates but fell year over year, organic revenue was flat, and adjusted EPS declined from $2.04 a year earlier. Fiserv also recorded a $6.45 billion goodwill impairment, contributing to a substantial GAAP loss. Fiserv’s impairment and cost-cutting plans
• Negative Sentiment: Near-term technical risk: One trading analysis said the shares looked overbought near $59 resistance after the earnings rally, raising the possibility of profit-taking or a pullback. Fiserv technical analysis

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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