Fiserv (NASDAQ:FISV) Stock Gets Price Target Boost from Morgan Stanley

Key Points

• Morgan Stanley raised its Fiserv price target from $59 to $61, maintaining an “equal weight” rating; the new target implies about 4.45% upside from the stock’s current price.
• Analyst sentiment remains broadly neutral: Fiserv has an average “Hold” rating and a consensus price target of $60.65.
• Fiserv’s latest quarterly adjusted EPS of $1.75 topped estimates of $1.72, but revenue fell 1.3% year over year; a $6.45 billion goodwill impairment contributed to a large GAAP loss.

Fiserv (NASDAQ:FISV - Get Free Report) had its price objective increased by research analysts at Morgan Stanley from $59.00 to $61.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has an "equal weight" rating on the business services provider's stock. Morgan Stanley's target price points to a potential upside of 4.45% from the company's current price.

A number of other brokerages have also commented on FISV. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $65.00 price objective (down from $75.00) on shares of Fiserv in a report on Friday, August 7th. Cantor Fitzgerald dropped their target price on Fiserv from $53.00 to $48.00 and set a "neutral" rating for the company in a report on Friday, October 16th. BMO Capital Markets set a $48.00 price target on shares of Fiserv and gave the company a "market perform" rating in a research note on Tuesday, October 27th. Wells Fargo & Company set a $56.00 price target on shares of Fiserv and gave the stock an "equal weight" rating in a research report on Thursday, July 9th. 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. Five 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's stock. Based on data from MarketBeat, Fiserv currently has an average rating of "Hold" and a consensus price target of $60.65.

Fiserv Price Performance

Fiserv stock opened at $58.40 on Wednesday. Fiserv has a 12 month low of $43.87 and a 12 month high of $70.41. The stock's 50 day moving average is $48.74 and its 200-day moving average is $54.64. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $31.06 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 5.19 and a beta of 0.85.

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 for the quarter, topping analysts' consensus estimates of $1.72 by $0.03. The company 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% on a year-over-year basis. Equities research analysts expect that Fiserv will post 7.25 EPS for the current year.

Insider Buying and Selling

In related news, Director Lance Fritz acquired 10,000 shares of the company's stock in a transaction on Friday, August 7th. The stock was purchased at an average cost of $51.95 per share, with a total value of $519,500.00. Following the acquisition, the director directly 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. StoneRidge PMG Advisors LLC acquired a new stake in Fiserv during the 3rd quarter worth approximately $728,000. Hohimer Wealth Management LLC bought a new stake in Fiserv during the 3rd quarter worth approximately $937,000. University of Texas Texas AM Investment Management Co. increased its position in Fiserv by 444.1% in 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 period. Ethic Inc. increased its position in Fiserv by 7.0% in the 3rd quarter. Ethic Inc. now owns 46,283 shares of the business services provider's stock valued at $2,091,000 after acquiring an additional 3,031 shares during the period. Finally, Pictet Asset Management Holding SA increased its position in Fiserv by 28.6% in the 3rd quarter. Pictet Asset Management Holding SA now owns 504,877 shares of the business services provider's stock valued at $22,810,000 after acquiring an additional 112,405 shares during the period. 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: Fiserv reported third-quarter adjusted EPS of $1.75, slightly ahead of the $1.72 consensus, and reaffirmed its 2026 outlook. The company doubled its Project Elevate savings target to $1 billion from $500 million and plans to buy back $500 million of shares in the fourth quarter. Fiserv third-quarter results
• Positive Sentiment: Fiserv’s October Small Business Index showed sales up 2.3% year over year, the strongest annual gain since July 2025, offering a constructive signal for payments activity ahead of the holiday season. Fiserv Small Business Index
• Neutral Sentiment: Goldman Sachs raised its price target, while cautioning that a full turnaround will take time—suggesting improved expectations but continued execution risk. Goldman Sachs price target and turnaround outlook
• Negative Sentiment: Results were weak beneath the adjusted-earnings beat: organic revenue was flat, reported revenue declined about 1%, and adjusted EPS fell from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a large GAAP loss, while pressure in Merchant Solutions weighed on profitability. Fiserv earnings and impairment analysis
• Negative Sentiment: Fiserv has cut about 3,000 employee and contractor positions since June. The reductions may support savings, but also underscore the scale of the company’s restructuring and the challenges behind its turnaround. Reuters report on job cuts

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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