Fiserv (NASDAQ:FISV) Stock Gets Price Target Bump from Citigroup

Key Points

• Citigroup raised its Fiserv price target from $53 to $62 but maintained a Neutral rating; the new target was roughly in line with the stock’s price at the time.
• Fiserv shares climbed 6.2% on Wednesday to $62.05. Analysts’ consensus remained Hold, with an average price target of $62.81.
• Fiserv reported quarterly EPS of $1.75, beating the $1.72 consensus, while revenue of $4.85 billion matched expectations and declined 1.3% year over year.

Fiserv (NASDAQ:FISV - Get Free Report) had its price objective increased by equities researchers at Citigroup from $53.00 to $62.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a "neutral" rating on the business services provider's stock. Citigroup's price target would indicate a potential downside of 0.08% from the stock's current price.

Several other brokerages also recently commented on FISV. TD Cowen raised their target price on Fiserv from $49.00 to $59.00 and gave the company a "hold" rating in a research note on Wednesday. Zacks Research downgraded Fiserv from a "hold" rating to a "strong sell" rating in a research note on Wednesday, August 19th. Truist Financial set a $51.00 price target on Fiserv and gave the stock a "hold" rating in a report on Friday, October 23rd. The Goldman Sachs Group reissued a "neutral" rating and issued a $54.00 price objective on shares of Fiserv in a research note on Friday, August 7th. Finally, UBS Group set a $60.00 price objective on Fiserv and gave the company a "neutral" rating in a report on Friday, August 7th. Six analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Fiserv has a consensus rating of "Hold" and an average target price of $62.81.

Fiserv Stock Up 6.2%

NASDAQ FISV traded up $3.65 on Wednesday, hitting $62.05. 16,395,547 shares of the company were exchanged, compared to its average volume of 7,591,577. The company has a market cap of $33.00 billion, a PE ratio of 11.91, a PEG ratio of 5.19 and a beta of 0.85. Fiserv has a 12 month low of $43.87 and a 12 month high of $70.41. The stock has a fifty day moving average of $48.74 and a 200-day moving average of $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.

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

Insider Activity

In related news, Director Lance Fritz bought 10,000 shares of the business's stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average price of $51.95 per share, with a total value of $519,500.00. Following the completion of the transaction, the director directly owned 27,207 shares in the company, valued at approximately $1,413,403.65. This represents a 58.12% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.06% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Fiserv

Large investors have recently bought and sold shares of the stock. Handelsbanken Fonder AB boosted its position in Fiserv by 16.9% during the second quarter. Handelsbanken Fonder AB now owns 176,106 shares of the business services provider's stock worth $8,638,000 after purchasing an additional 25,477 shares during the period. Stanley Capital Management LLC bought a new stake in shares of Fiserv in the second quarter valued at approximately $6,159,000. Renaissance Technologies LLC raised its position in shares of Fiserv by 437.5% in the first quarter. Renaissance Technologies LLC now owns 668,227 shares of the business services provider's stock valued at $37,287,000 after purchasing an additional 543,900 shares during the period. Paralel Advisors LLC bought a new stake in shares of Fiserv in the second quarter valued at approximately $2,031,000. Finally, Woodstock Corp lifted its stake in shares of 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. 90.98% of the stock is currently owned by institutional investors.

Trending Headlines about 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, and affirmed its 2026 outlook. Management doubled its Project Elevate savings target to $1 billion and plans a $500 million share repurchase in the fourth quarter—key catalysts behind the more optimistic reaction. Fiserv third-quarter results
• Positive Sentiment: Argus upgraded FISV to Buy with a $72 target. RBC and Keefe, Bruyette & Woods raised targets to $70 and maintained Outperform ratings, signaling potential upside from current levels. Argus recommendation
• Neutral Sentiment: Several other firms also raised targets, but their views were more cautious: JPMorgan set $65 with a Neutral rating, while TD Cowen and Barclays set $59 with Hold/Equal Weight ratings. This suggests analysts see improvement but remain divided on the recovery’s pace. JPMorgan recommendation
• Negative Sentiment: Underlying results were weak: revenue declined about 1% year over year, organic revenue was flat, and adjusted EPS fell from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a GAAP loss, while reports say the company is cutting 3,000 employee and contractor positions. These factors underscore ongoing business and execution risks. Goodwill impairment report

About Fiserv

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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