Fiserv, Inc. (NYSE:FI) Receives $207.36 Consensus Target Price from Brokerages

Key Points

• Fiserv, Inc. has received an average rating of "Moderate Buy" from 25 research firms, with 21 analysts recommending a buy and one recommending a strong buy.
• Recent price target revisions include a reduction from $225 to $185 by Robert W. Baird, indicating a generally cautious outlook among analysts despite the positive overall rating.
• Fiserv reported earnings of $2.47 per share, surpassing the expected $2.43, with a year-over-year revenue growth of 8.0% and guidance of 10.150-10.30 EPS for FY 2025.

Shares of Fiserv, Inc. (NYSE:FI - Get Free Report) have been given an average rating of "Moderate Buy" by the twenty-five brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $207.36.

A number of research firms recently weighed in on FI. JPMorgan Chase & Co. dropped their price target on Fiserv from $210.00 to $190.00 and set an "overweight" rating on the stock in a research note on Thursday, July 24th. KeyCorp decreased their target price on shares of Fiserv from $250.00 to $200.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. UBS Group decreased their target price on shares of Fiserv from $225.00 to $170.00 and set a "buy" rating for the company in a research report on Friday, July 25th. Tigress Financial boosted their target price on shares of Fiserv from $244.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, May 29th. Finally, Stephens decreased their target price on shares of Fiserv from $240.00 to $180.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th.

Institutional Investors Weigh In On Fiserv

Several hedge funds and other institutional investors have recently made changes to their positions in FI. Kestra Private Wealth Services LLC grew its position in Fiserv by 3.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 7,891 shares of the business services provider's stock worth $1,743,000 after purchasing an additional 230 shares in the last quarter. American National Bank & Trust grew its position in Fiserv by 2.4% in the 1st quarter. American National Bank & Trust now owns 85,838 shares of the business services provider's stock worth $18,956,000 after purchasing an additional 1,983 shares in the last quarter. Meridian Wealth Advisors LLC grew its position in Fiserv by 4.1% in the 1st quarter. Meridian Wealth Advisors LLC now owns 26,865 shares of the business services provider's stock worth $5,933,000 after purchasing an additional 1,046 shares in the last quarter. Ethic Inc. grew its position in Fiserv by 15.0% in the 4th quarter. Ethic Inc. now owns 102,023 shares of the business services provider's stock worth $20,958,000 after purchasing an additional 13,325 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Fiserv by 17.2% in the 1st quarter. Cerity Partners LLC now owns 476,569 shares of the business services provider's stock worth $105,241,000 after purchasing an additional 69,977 shares in the last quarter. 90.98% of the stock is owned by institutional investors.

Fiserv Stock Down 1.0%

NYSE FI traded down $1.44 on Monday, hitting $136.74. 4,911,876 shares of the company were exchanged, compared to its average volume of 4,029,379. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.09. The company has a market cap of $74.33 billion, a PE ratio of 22.83, a PEG ratio of 0.90 and a beta of 0.94. The stock has a fifty day moving average of $151.06 and a 200-day moving average of $180.49. Fiserv has a 12 month low of $128.22 and a 12 month high of $238.59.

Fiserv (NYSE:FI - Get Free Report) last posted its quarterly earnings results 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. Fiserv had a return on equity of 19.69% and a net margin of 16.00%.The business had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.20 billion. During the same period in the prior year, the business earned $2.13 EPS. The firm's revenue for the quarter was up 8.0% on a year-over-year basis. Fiserv has set its FY 2025 guidance at 10.150-10.30 EPS. As a group, analysts forecast that Fiserv will post 10.23 earnings per share for the current year.

About Fiserv

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.