Fiserv (NASDAQ:FISV) Stock Keeps “Neutral” Rating at B. Riley Financial

B. Riley Financial reiterated their neutral rating on shares of Fiserv (NASDAQ:FISV) in a report published on Wednesday,Benzinga reports. They currently have a $60.00 price target on the business services provider’s stock, up from their prior price target of $51.00.

A number of other equities analysts have also commented on FISV. TD Cowen dropped their price target on Fiserv from $55.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Raymond James Financial reaffirmed a “market perform” rating on shares of Fiserv in a research note on Tuesday, July 7th. Morgan Stanley upped their price objective on Fiserv from $59.00 to $61.00 and gave the stock an “equal weight” rating in a report on Wednesday. Barclays set a $50.00 target price on Fiserv and gave the company an “equal weight” rating in a research report on Friday, October 9th. Finally, BMO Capital Markets set a $48.00 target price on shares of Fiserv and gave the company a “market perform” rating in a report on Tuesday, October 27th. Six investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $63.11.

Fiserv Stock Up 6.2%

Shares of FISV stock opened at $62.05 on Wednesday. The company’s fifty day simple moving average is $48.93 and its two-hundred day simple moving average is $54.61. Fiserv has a 52 week low of $43.87 and a 52 week high of $70.41. The stock has a market cap of $33.00 billion, a P/E ratio of -8.36, a PEG ratio of 5.83 and a beta of 0.85. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.22.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.03. Fiserv had a positive return on equity of 15.76% and a negative net margin of 18.91%. The firm had revenue of $4.85 billion during the quarter, compared to analyst estimates of $4.85 billion. The business’s revenue was down 1.3% on a year-over-year basis. Analysts predict that Fiserv will post 7.26 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Lance Fritz acquired 10,000 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were acquired at an average cost of $51.95 per share, for a total transaction 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 trade represents a 58.12% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Fiserv

A number of institutional investors and hedge funds have recently modified their holdings of the stock. William Mack & Associates Inc. bought a new stake in Fiserv in the third quarter worth $26,000. Keating Financial Advisory Services Inc. purchased a new position in Fiserv during the second quarter worth $30,000. Next Level Wealth Planning LLC purchased a new position in Fiserv during the third quarter worth $29,000. Osterweis Capital Management Inc. purchased a new position in Fiserv during the second quarter worth $32,000. Finally, Pinnacle Wealth Planning Services Inc. increased its position in Fiserv by 49.3% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 854 shares of the business services provider’s stock valued at $39,000 after acquiring an additional 282 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv beat third-quarter adjusted earnings expectations, reporting $1.75 per share versus the $1.72 consensus. The company affirmed its 2026 outlook, while organic revenue was flat. Fiserv third-quarter results
• Positive Sentiment: Management doubled its Project Elevate cost-savings target to $1 billion from $500 million and expects to repurchase $500 million of shares in the fourth quarter. The savings plan and buyback helped fuel investor optimism. Fiserv cost cuts and buybacks
• Positive Sentiment: Argus upgraded FISV to Buy with a $72 target. Several other firms raised targets, including RBC to $70 and Keefe, Bruyette & Woods to $70, though ratings across analysts remain mixed.
• Neutral Sentiment: Fiserv is eliminating about 3,000 employee and contractor positions as it pursues efficiencies. The cuts may support savings, but execution and workforce impacts are uncertainties. Reuters report on job cuts
• Negative Sentiment: Results also showed ongoing pressure: revenue declined year over year, adjusted EPS fell from $2.04 a year earlier, and Fiserv recorded a $6.45 billion goodwill impairment. These factors underline the turnaround and execution risks. Analysis of Fiserv’s earnings and impairment

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.