Fiserv (NASDAQ:FISV) Stock Price Target Raised at TD Cowen

Key Points

• TD Cowen raised its Fiserv price target from $49 to $59 but maintained a Hold rating; the new target implied 4.52% downside from the stock’s then-current price.
• Fiserv reported quarterly adjusted EPS of $1.75, topping the $1.72 consensus, while revenue of $4.85 billion matched estimates and was down 1.3% year over year.
• Analyst sentiment was broadly neutral: MarketBeat reported an average Hold rating and a consensus price target of $62.30, with 6 Buy, 19 Hold, and 5 Sell ratings.

Fiserv (NASDAQ:FISV - Get Free Report) had its target price increased by equities researchers at TD Cowen from $49.00 to $59.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a "hold" rating on the business services provider's stock. TD Cowen's price target suggests a potential downside of 4.52% from the stock's current price.

FISV has been the topic of several other research reports. Stephens initiated 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 on the stock. BMO Capital Markets set a $48.00 price objective on shares of Fiserv and gave the company a "market perform" rating in a research note on Tuesday, October 27th. Morgan Stanley lifted their target price on shares of Fiserv from $59.00 to $61.00 and gave the stock an "equal weight" rating in a report on Wednesday. Cantor Fitzgerald dropped their price objective on Fiserv from $53.00 to $48.00 and set a "neutral" rating for the company in a report on Friday, October 16th. Finally, Zacks Research cut Fiserv from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 19th. Six equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Fiserv presently has an average rating of "Hold" and a consensus target price of $62.30.

Fiserv Price Performance

Fiserv stock traded up $3.39 during trading hours on Wednesday, hitting $61.79. 10,234,789 shares of the stock were exchanged, compared to its average volume of 7,573,574. Fiserv has a 12 month low of $43.87 and a 12 month high of $70.41. The business's 50-day moving average is $48.74 and its two-hundred day moving average is $54.64. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.04 and a current ratio of 1.04. The stock has a market capitalization of $32.86 billion, a P/E ratio of 11.86, a P/E/G ratio of 5.19 and a beta of 0.85.

Fiserv (NASDAQ:FISV - Get Free Report) last released 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. The business 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%. Fiserv'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 fiscal year.

Insider Buying and Selling

In other Fiserv news, Director Lance Fritz acquired 10,000 shares of the company's stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average price of $51.95 per share, with a total value of $519,500.00. Following the purchase, the director owned 27,207 shares of the company's stock, valued at $1,413,403.65. This represents a 58.12% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Fiserv

Large investors have recently modified their holdings of the business. William Mack & Associates Inc. acquired a new position in shares of Fiserv in the 3rd quarter valued at approximately $26,000. Next Level Wealth Planning LLC acquired a new stake in Fiserv during the 3rd quarter worth approximately $29,000. Keating Financial Advisory Services Inc. acquired a new stake in Fiserv during the 2nd quarter worth approximately $30,000. Osterweis Capital Management Inc. bought a new position in Fiserv in the second quarter valued at approximately $32,000. Finally, Pinnacle Wealth Planning Services Inc. lifted its stake in Fiserv by 49.3% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 854 shares of the business services provider's stock valued at $39,000 after buying an additional 282 shares in the last quarter. 90.98% of the stock is currently owned by institutional investors.

Key Headlines Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv reported adjusted third-quarter EPS of $1.75, above the $1.72 consensus, and reaffirmed its 2026 outlook. It doubled its Project Elevate savings target to $1 billion from $500 million and plans to repurchase $500 million of shares in the fourth quarter. Fiserv Q3 results
• Positive Sentiment: Analyst actions added support: Argus upgraded Fiserv to Buy with a $72 target, while RBC and Keefe, Bruyette & Woods raised their targets to $70 and retained favorable ratings. Argus ratings
• Positive Sentiment: The October Fiserv Small Business Index showed sales up 2.3% year over year, its strongest annual increase since July 2025, offering a modest sign of improving customer activity. Fiserv Small Business Index
• Neutral Sentiment: Analyst opinions remain mixed: B. Riley reiterated Neutral with a $60 target, and Morgan Stanley maintained Equal Weight with a $61 target, both below the stock’s recent trading level. B. Riley ratings
• Negative Sentiment: Underlying performance remains pressured: revenue fell about 1% year over year and organic revenue was flat; adjusted EPS also declined from $2.04 a year earlier. Fiserv recorded a $6.45 billion goodwill impairment, contributing to a GAAP loss. Fiserv and its cost-cutting plans
• Negative Sentiment: Reports that Fiserv is eliminating 3,000 employee and contractor positions underscore the scale of its restructuring. Technical commentary also cautioned that the recent rally could be overextended and vulnerable to a pullback. 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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