B. Riley Issues Negative Outlook for Fiserv Earnings

Key Points

• B. Riley has revised its Q3 2025 earnings per share estimate for Fiserv downward from $2.73 to $2.68, while the full-year earnings estimate remains at $10.23 per share.
• Multiple research analysts have reduced their price targets for Fiserv, with UBS Group cutting it from $225.00 to $170.00 while maintaining a buy rating.
• Fiserv's recent trading volume saw a spike, reaching 7.78 million shares, as its stock price rose 1.4% to $142.00.

Fiserv, Inc. (NYSE:FI - Free Report) - Equities research analysts at B. Riley dropped their Q3 2025 earnings per share estimates for shares of Fiserv in a research note issued on Wednesday, July 23rd. B. Riley analyst H. Goetsch now anticipates that the business services provider will post earnings of $2.68 per share for the quarter, down from their prior forecast of $2.73. The consensus estimate for Fiserv's current full-year earnings is $10.23 per share. B. Riley also issued estimates for Fiserv's Q4 2025 earnings at $2.92 EPS and FY2026 earnings at $11.99 EPS.

A number of other research firms have also commented on FI. Jefferies Financial Group reduced their price target on Fiserv from $180.00 to $165.00 and set a "hold" rating on the stock in a research report on Tuesday, May 27th. The Goldman Sachs Group reduced their price target on Fiserv from $223.00 to $194.00 and set a "buy" rating on the stock in a research report on Monday, May 19th. JPMorgan Chase & Co. reduced their price target on Fiserv from $210.00 to $190.00 and set an "overweight" rating on the stock in a research report on Thursday. Truist Financial upped their price target on Fiserv from $181.00 to $185.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Finally, Stephens reduced their price target on Fiserv from $240.00 to $180.00 and set an "overweight" rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Fiserv currently has a consensus rating of "Moderate Buy" and an average target price of $208.42.

Fiserv Trading Up 0.9%

Shares of NYSE FI traded up $1.30 during trading on Friday, reaching $143.33. The company had a trading volume of 2,289,271 shares, compared to its average volume of 4,393,940. The company's fifty day moving average price is $165.03 and its 200-day moving average price is $194.80. Fiserv has a 12 month low of $128.22 and a 12 month high of $238.59. The stock has a market cap of $79.47 billion, a P/E ratio of 23.93, a PEG ratio of 0.92 and a beta of 0.91. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.09.

Fiserv (NYSE:FI - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The business services provider reported $2.47 earnings per share for the quarter, topping analysts' consensus estimates of $2.43 by $0.04. The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.20 billion. Fiserv had a return on equity of 19.69% and a net margin of 16.00%. Fiserv's quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.13 EPS.

Insider Buying and Selling

In related news, insider Adam L. Rosman sold 2,512 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $160.68, for a total transaction of $403,628.16. Following the completion of the sale, the insider directly owned 53,385 shares of the company's stock, valued at approximately $8,577,901.80. This trade represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Andrew Gelb sold 5,652 shares of the stock in a transaction that occurred on Wednesday, May 28th. The shares were sold at an average price of $160.00, for a total value of $904,320.00. Following the sale, the executive vice president directly owned 25,385 shares of the company's stock, valued at $4,061,600. The trade was a 18.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.75% of the company's stock.

Hedge Funds Weigh In On Fiserv

Institutional investors and hedge funds have recently bought and sold shares of the company. Vega Investment Solutions bought a new position in shares of Fiserv in the fourth quarter worth $25,000. Activest Wealth Management boosted its holdings in shares of Fiserv by 3,150.0% in the first quarter. Activest Wealth Management now owns 130 shares of the business services provider's stock worth $29,000 after acquiring an additional 126 shares during the period. Park Square Financial Group LLC bought a new position in shares of Fiserv in the fourth quarter worth $28,000. Abound Financial LLC bought a new position in shares of Fiserv in the first quarter worth $38,000. Finally, Hager Investment Management Services LLC bought a new position in shares of Fiserv in the second quarter worth $34,000. 90.98% of the stock is owned by institutional investors.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.