Fiserv (NASDAQ:FISV) Given New $60.00 Price Target at Citigroup

Key Points

• Citigroup cut its price target on Fiserv to $60 from $68 while maintaining a "neutral" rating, implying roughly a 6.25% upside from the prior close.
• Broader analyst coverage remains cautious with a consensus "Hold" (9 Buys, 26 Holds, 2 Sells) and an average target price of $104.06, well above Citigroup's new target.
• Fiserv beat quarterly EPS estimates ($1.99 vs. $1.90), set FY2026 guidance of $8.00–$8.30 EPS, and currently trades near $56.47 with a PE of 8.91 and a market cap of about $30.2B.

Fiserv (NASDAQ:FISV - Get Free Report) had its target price cut by stock analysts at Citigroup from $68.00 to $60.00 in a report released on Thursday,MarketScreener reports. The brokerage currently has a "neutral" rating on the business services provider's stock. Citigroup's target price suggests a potential upside of 6.25% from the stock's previous close.

Several other analysts have also recently weighed in on FISV. Raymond James Financial cut Fiserv from an "outperform" rating to a "market perform" rating in a report on Thursday, March 26th. Loop Capital started coverage on shares of Fiserv in a research report on Tuesday, March 31st. They issued a "hold" rating and a $62.00 price objective on the stock. Weiss Ratings reiterated a "sell (d+)" rating on shares of Fiserv in a research report on Monday, December 29th. TD Cowen restated a "hold" rating on shares of Fiserv in a research report on Monday, January 12th. Finally, Mizuho dropped their price target on shares of Fiserv from $110.00 to $100.00 and set an "outperform" rating for the company in a research report on Monday, December 22nd. Nine research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, Fiserv presently has a consensus rating of "Hold" and an average target price of $104.06.

Fiserv Stock Performance

NASDAQ FISV opened at $56.47 on Thursday. The company's 50 day simple moving average is $59.23 and its two-hundred day simple moving average is $74.79. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.03 and a quick ratio of 1.03. Fiserv has a 1 year low of $52.91 and a 1 year high of $221.50. The stock has a market capitalization of $30.20 billion, a PE ratio of 8.91, a P/E/G ratio of 1.74 and a beta of 0.79.

Fiserv (NASDAQ:FISV - Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating analysts' consensus estimates of $1.90 by $0.09. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.90 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same period in the previous year, the business earned $2.51 EPS. The business's revenue for the quarter was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts predict that Fiserv will post 10.23 earnings per share for the current fiscal year.

Institutional Trading of Fiserv

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider's stock worth $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC raised its position in Fiserv by 5.3% in the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider's stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of Fiserv by 21.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider's stock worth $480,000 after acquiring an additional 483 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Fiserv during the 2nd quarter valued at $1,001,000. Finally, Gamco Investors INC. ET AL increased its stake in shares of Fiserv by 7.2% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider's stock worth $897,000 after purchasing an additional 350 shares in the last quarter. 90.98% of the stock is currently owned by hedge funds and other institutional investors.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.

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