Fiserv (NASDAQ:FISV) Stock Price Target Raised at TD Cowen

Fiserv (NASDAQ:FISV) had its price objective hoisted by equities researchers at TD Cowen from $49.00 to $59.00 in a report issued on Wednesday, Benzinga reports. The firm presently has a “hold” rating on the business services provider’s stock. TD Cowen‘s price objective would indicate a potential downside of 4.52% from the company’s previous close.

A number of other research firms also recently issued reports on FISV. Barclays lifted their price objective on shares of Fiserv from $50.00 to $59.00 and gave the company an “equal weight” rating in a report on Wednesday. Wells Fargo & Company set a $56.00 target price on shares of Fiserv and gave the stock an “equal weight” rating in a report on Thursday, July 9th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $54.00 target price on shares of Fiserv in a research report on Friday, August 7th. Oppenheimer lowered shares of Fiserv from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 8th. Finally, Argus raised shares of Fiserv from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research report on Wednesday. Six research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $62.30.

Fiserv Stock Up 5.8%

Shares of FISV stock traded up $3.39 on Wednesday, hitting $61.79. 10,234,789 shares of the stock were exchanged, compared to its average volume of 7,573,574. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $32.86 billion, a P/E ratio of 11.86, a price-to-earnings-growth ratio of 5.19 and a beta of 0.85. The business has a 50-day moving average of $48.74 and a 200 day moving average of $54.64. Fiserv has a fifty-two week low of $43.87 and a fifty-two week high of $70.41.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.03. The business had revenue of $4.85 billion for the quarter, compared to analyst estimates of $4.85 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Equities analysts anticipate that Fiserv will post 7.25 EPS for the current year.

Insider Activity at Fiserv

In related news, Director Lance Fritz acquired 10,000 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was bought at an average price of $51.95 per share, with a total value of $519,500.00. Following the acquisition, the director owned 27,207 shares in the company, valued at $1,413,403.65. This represents a 58.12% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.06% of the company’s stock.

Institutional Trading of Fiserv

Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Fiserv during the 2nd quarter worth about $2,079,711,000. JANA Partners Management LP increased its stake in shares of Fiserv by 97.5% in the 1st quarter. JANA Partners Management LP now owns 4,435,605 shares of the business services provider’s stock valued at $247,507,000 after acquiring an additional 2,190,085 shares in the last quarter. Deutsche Bank AG acquired a new position in Fiserv during the 2nd quarter worth approximately $178,310,000. Legal & General Group Plc acquired a new position in Fiserv during the second quarter worth $161,557,000. Finally, Turtle Creek Asset Management Inc. raised its stake in shares of Fiserv by 968.1% in the first quarter. Turtle Creek Asset Management Inc. now owns 2,643,668 shares of the business services provider’s stock worth $147,517,000 after purchasing an additional 2,396,167 shares during the last quarter. Institutional investors and hedge funds 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 adjusted third-quarter EPS of $1.75, above the $1.72 consensus, and reaffirmed its 2026 outlook. It doubled its Project Elevate savings target to $1 billion from $500 million and plans to repurchase $500 million of shares in the fourth quarter. Fiserv Q3 results
• Positive Sentiment: Analyst actions added support: Argus upgraded Fiserv to Buy with a $72 target, while RBC and Keefe, Bruyette & Woods raised their targets to $70 and retained favorable ratings. Argus ratings
• Positive Sentiment: The October Fiserv Small Business Index showed sales up 2.3% year over year, its strongest annual increase since July 2025, offering a modest sign of improving customer activity. Fiserv Small Business Index
• Neutral Sentiment: Analyst opinions remain mixed: B. Riley reiterated Neutral with a $60 target, and Morgan Stanley maintained Equal Weight with a $61 target, both below the stock’s recent trading level. B. Riley ratings
• Negative Sentiment: Underlying performance remains pressured: revenue fell about 1% year over year and organic revenue was flat; adjusted EPS also declined from $2.04 a year earlier. Fiserv recorded a $6.45 billion goodwill impairment, contributing to a GAAP loss. Fiserv and its cost-cutting plans
• Negative Sentiment: Reports that Fiserv is eliminating 3,000 employee and contractor positions underscore the scale of its restructuring. Technical commentary also cautioned that the recent rally could be overextended and vulnerable to a pullback. 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.