TD Cowen Issues Positive Forecast for Fiserv (NASDAQ:FISV) Stock Price

Fiserv (NASDAQ:FISV) had its price objective upped by TD Cowen from $49.00 to $59.00 in a research note published on Wednesday,Benzinga reports. They currently have a hold rating on the business services provider’s stock.

A number of other analysts have also recently issued reports on FISV. Cantor Fitzgerald dropped their price objective on Fiserv from $53.00 to $48.00 and set a “neutral” rating on the stock in a report on Friday, October 16th. Susquehanna decreased their price target on Fiserv from $91.00 to $85.00 and set a “positive” rating on the stock in a research report on Friday, August 7th. Barclays increased their price target on shares of Fiserv from $50.00 to $59.00 and gave the stock an “equal weight” rating in a report on Wednesday. Stephens started coverage on shares of Fiserv in a research report on Tuesday, August 11th. They issued an “equal weight” rating and a $57.00 price objective for the company. Finally, JPMorgan Chase & Co. cut their price objective on shares of Fiserv from $62.00 to $60.00 and set a “neutral” rating for the company in a research report on Friday, August 7th. 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 stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $63.11.

Fiserv Trading Up 6.2%

NASDAQ:FISV opened at $62.05 on Wednesday. The company has a market cap of $33.00 billion, a P/E ratio of -8.36, a P/E/G ratio of 5.83 and a beta of 0.85. The stock’s fifty day moving average price is $48.93 and its two-hundred day moving average price is $54.61. Fiserv has a 1 year low of $43.87 and a 1 year high of $70.41. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.04 and a quick ratio of 1.04.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $1.75 EPS for the quarter, topping analysts’ consensus estimates of $1.72 by $0.03. The firm had revenue of $4.85 billion during the quarter, compared to analyst estimates of $4.85 billion. Fiserv had a positive return on equity of 15.76% and a negative net margin of 18.91%. Fiserv’s revenue was down 1.3% compared to the same quarter last year. As a group, analysts expect that Fiserv will post 7.26 EPS for the current year.

Insider Buying and Selling at Fiserv

In related news, Director Lance Fritz bought 10,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average cost of $51.95 per share, with a total value of $519,500.00. Following the completion of the purchase, the director directly owned 27,207 shares of the company’s stock, valued at $1,413,403.65. This trade represents a 58.12% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Fiserv

A number of hedge funds and other institutional investors have recently bought and sold shares of FISV. Legacy Wealth Asset Management LLC lifted its holdings in shares of Fiserv by 3.3% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 6,184 shares of the business services provider’s stock worth $303,000 after acquiring an additional 195 shares during the last quarter. Sunbelt Securities Inc. grew its position in Fiserv by 10.4% in the first quarter. Sunbelt Securities Inc. now owns 2,290 shares of the business services provider’s stock worth $128,000 after acquiring an additional 215 shares in the last quarter. Intelligence Driven Advisers LLC increased its stake in Fiserv by 4.0% in the third quarter. Intelligence Driven Advisers LLC now owns 6,553 shares of the business services provider’s stock valued at $296,000 after acquiring an additional 250 shares during the last quarter. Plan A Wealth LLC increased its stake in Fiserv by 4.2% in the third quarter. Plan A Wealth LLC now owns 6,832 shares of the business services provider’s stock valued at $309,000 after acquiring an additional 277 shares during the last quarter. Finally, Gilpin Wealth Management LLC increased its stake in Fiserv by 22.6% in the third quarter. Gilpin Wealth Management LLC now owns 1,525 shares of the business services provider’s stock valued at $69,000 after acquiring an additional 281 shares during the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

More Fiserv News

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.