Fiserv, Inc. (NASDAQ:FISV – Get Free Report) has been assigned a consensus recommendation of “Hold” from the thirty-seven research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, twenty-five have given a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $82.2333.
FISV has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Fiserv from $63.00 to $60.00 in a report on Monday, May 11th. Morgan Stanley lifted their price objective on Fiserv from $64.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Stephens lowered their target price on shares of Fiserv from $75.00 to $70.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Raymond James Financial downgraded shares of Fiserv from an “outperform” rating to a “market perform” rating in a report on Thursday, March 26th. Finally, Robert W. Baird set a $78.00 target price on Fiserv in a report on Wednesday, May 6th.
Read Our Latest Research Report on FISV
Fiserv Price Performance
Fiserv (NASDAQ:FISV – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.22. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The firm had revenue of $4.68 billion for the quarter, compared to analyst estimates of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% compared to the same quarter last year. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Analysts expect that Fiserv will post 8.14 EPS for the current year.
Institutional Investors Weigh In On Fiserv
Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. bought a new position in Fiserv in the 4th quarter valued at $3,507,063,000. Dodge & Cox bought a new stake in shares of Fiserv during the fourth quarter worth $3,323,210,000. State Street Corp acquired a new position in shares of Fiserv during the fourth quarter valued at $1,588,663,000. Geode Capital Management LLC bought a new position in Fiserv in the fourth quarter valued at about $854,215,000. Finally, Amundi bought a new position in Fiserv in the fourth quarter valued at about $825,819,000. Institutional investors own 90.98% of the company’s stock.
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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