Fiserv (NASDAQ:FISV) Shares Gap Up on Strong Earnings

Fiserv, Inc. (NASDAQ:FISV)’s share price gapped up prior to trading on Tuesday following a better than expected earnings announcement. The stock had previously closed at $51.93, but opened at $56.53. Fiserv shares last traded at $56.29, with a volume of 2,757,511 shares traded.

The business services provider reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.03. The firm had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $4.85 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%. Fiserv’s revenue was down 1.3% on a year-over-year basis.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv reported third-quarter adjusted EPS of $1.75, exceeding the $1.72 analyst consensus, while revenue of $4.85 billion was in line with expectations. Fiserv Q3 earnings snapshot
• Positive Sentiment: Management raised its Project Elevate cost-savings target to $1 billion from $500 million, potentially supporting margins and future earnings growth. Fiserv stock climbs as Q3 earnings beat
• Positive Sentiment: Fiserv expects to repurchase $500 million of stock in the fourth quarter and affirmed its 2026 organic-revenue and adjusted-EPS outlook, signaling confidence in cash generation and near-term performance. Fiserv Reports Third Quarter 2026 Results
• Positive Sentiment: Investor Michael Burry continues to hold Fiserv and has argued that the stock is undervalued, with potential upside based partly on valuation comparisons in the payments sector. Michael Burry Says Global Payments Buyout Math Means Fiserv Stock Could Hit $100
• Neutral Sentiment: Fiserv was identified as one of several large-cap stocks trading at a substantial discount to sector valuations, which may attract value-oriented investors but also reflects ongoing market concerns. Wall Street’s hidden bargains
• Negative Sentiment: GAAP revenue declined 1% and organic revenue was flat. GAAP EPS was a loss of $11.17, contrasting sharply with adjusted EPS of $1.75 and highlighting the impact of significant nonrecurring or accounting items. Fiserv Reports Third Quarter 2026 Results

Analyst Ratings Changes

FISV has been the subject of several recent analyst reports. Bank of America started coverage on shares of Fiserv in a research report on Thursday, October 15th. They set an “underperform” rating and a $48.00 price objective for the company. Cantor Fitzgerald decreased their target price on shares of Fiserv from $53.00 to $48.00 and set a “neutral” rating on the stock in a report on Friday, October 16th. The Goldman Sachs Group restated a “neutral” rating and issued a $54.00 target price on shares of Fiserv in a research report on Friday, August 7th. Keefe, Bruyette & Woods cut their price target on shares of Fiserv from $70.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, B. Riley Financial reduced their price target on shares of Fiserv from $66.00 to $51.00 and set a “neutral” rating on the stock in a research report on Monday, September 28th. Five research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, Fiserv has a consensus rating of “Hold” and an average target price of $60.38.

Insider Activity at Fiserv

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 stock was acquired at an average cost of $51.95 per share, for a total transaction of $519,500.00. Following the transaction, the director directly owned 27,207 shares in the company, valued at $1,413,403.65. This represents a 58.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.06% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. William Mack & Associates Inc. acquired a new stake in shares of Fiserv in the 3rd quarter valued at approximately $26,000. Next Level Wealth Planning LLC acquired a new position in Fiserv during the 3rd quarter worth approximately $29,000. Keating Financial Advisory Services Inc. acquired a new position in Fiserv during the 2nd quarter worth approximately $30,000. Osterweis Capital Management Inc. acquired a new position in Fiserv during the 2nd quarter worth approximately $32,000. Finally, Pinnacle Wealth Planning Services Inc. lifted its stake in Fiserv by 49.3% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 854 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 282 shares during the last quarter. Institutional investors own 90.98% of the company’s stock.

Fiserv Stock Performance

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 firm has a market cap of $29.74 billion, a P/E ratio of 10.73, a P/E/G ratio of 4.78 and a beta of 0.80. The company’s 50 day moving average is $48.63 and its 200 day moving average is $54.68.

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.