Keefe, Bruyette & Woods Issues Positive Forecast for Fiserv (NASDAQ:FISV) Stock Price

Fiserv (NASDAQ:FISV) had its target price hoisted by Keefe, Bruyette & Woods from $60.00 to $70.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Keefe, Bruyette & Woods‘s target price suggests a potential upside of 19.86% from the company’s previous close.

A number of other research analysts have also weighed in on FISV. Oppenheimer lowered Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, October 8th. UBS Group set a $60.00 target price on shares of Fiserv and gave the stock a “neutral” rating in a research report on Friday, August 7th. Morgan Stanley set a $59.00 price target on shares of Fiserv in a research note on Friday, August 7th. BMO Capital Markets set a $48.00 price target on shares of Fiserv and gave the company a “market perform” rating in a report on Tuesday, October 27th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $54.00 price target on shares of Fiserv in a research note on Friday, August 7th. Five research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.58.

Fiserv Price Performance

Shares of FISV opened at $58.40 on Wednesday. Fiserv has a twelve month low of $43.87 and a twelve month high of $70.41. The stock’s 50 day moving average is $48.74 and its two-hundred day moving average is $54.64. The firm has a market capitalization of $31.06 billion, a PE ratio of 11.21, a P/E/G ratio of 5.19 and a beta of 0.85. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.99.

Fiserv (NASDAQ:FISV) last issued its earnings results on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.03. The business 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 for the quarter was down 1.3% on a year-over-year basis. Research analysts anticipate that Fiserv will post 7.25 earnings per share for the current year.

Insider Activity

In other Fiserv news, Director Lance Fritz purchased 10,000 shares of Fiserv stock in a transaction on Friday, August 7th. The shares were bought at an average price of $51.95 per share, with a total value of $519,500.00. Following the completion of the acquisition, the director directly owned 27,207 shares of the company’s stock, valued at approximately $1,413,403.65. This trade represents a 58.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Fiserv

Institutional investors and hedge funds have recently bought and sold shares of the stock. StoneRidge PMG Advisors LLC acquired a new stake in Fiserv during the 3rd quarter valued at $728,000. Hohimer Wealth Management LLC acquired a new position in Fiserv in the 3rd quarter worth $937,000. University of Texas Texas AM Investment Management Co. lifted its holdings in Fiserv by 444.1% in the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 3,455 shares of the business services provider’s stock worth $156,000 after buying an additional 2,820 shares in the last quarter. Ethic Inc. boosted its position in Fiserv by 7.0% in the 3rd quarter. Ethic Inc. now owns 46,283 shares of the business services provider’s stock valued at $2,091,000 after buying an additional 3,031 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in shares of Fiserv by 28.6% during the third quarter. Pictet Asset Management Holding SA now owns 504,877 shares of the business services provider’s stock valued at $22,810,000 after acquiring an additional 112,405 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

Key Headlines Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv reported third-quarter adjusted EPS of $1.75, slightly ahead of the $1.72 consensus, and reaffirmed its 2026 outlook. The company doubled its Project Elevate savings target to $1 billion from $500 million and plans to buy back $500 million of shares in the fourth quarter. Fiserv third-quarter results
• Positive Sentiment: Fiserv’s October Small Business Index showed sales up 2.3% year over year, the strongest annual gain since July 2025, offering a constructive signal for payments activity ahead of the holiday season. Fiserv Small Business Index
• Neutral Sentiment: Goldman Sachs raised its price target, while cautioning that a full turnaround will take time—suggesting improved expectations but continued execution risk. Goldman Sachs price target and turnaround outlook
• Negative Sentiment: Results were weak beneath the adjusted-earnings beat: organic revenue was flat, reported revenue declined about 1%, and adjusted EPS fell from $2.04 a year earlier. A $6.45 billion goodwill impairment drove a large GAAP loss, while pressure in Merchant Solutions weighed on profitability. Fiserv earnings and impairment analysis
• Negative Sentiment: Fiserv has cut about 3,000 employee and contractor positions since June. The reductions may support savings, but also underscore the scale of the company’s restructuring and the challenges behind its turnaround. Reuters report on job cuts

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.