Wells Fargo & Company Cuts Fiserv (NASDAQ:FISV) Price Target to $62.00

Fiserv (NASDAQ:FISV) had its target price decreased by Wells Fargo & Company from $72.00 to $62.00 in a report released on Friday morning,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the business services provider’s stock.

FISV has been the topic of several other research reports. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. TD Cowen reaffirmed a “hold” rating on shares of Fiserv in a report on Monday, January 12th. Mizuho reduced their price objective on shares of Fiserv from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Truist Financial lowered their target price on shares of Fiserv from $71.00 to $65.00 and set a “hold” rating on the stock in a report on Thursday, February 26th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $70.00 target price on shares of Fiserv in a research report on Wednesday, March 11th. Nine research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $107.55.

Fiserv Stock Performance

Shares of Fiserv stock opened at $53.90 on Friday. The company has a market capitalization of $28.82 billion, a P/E ratio of 8.50, a P/E/G ratio of 1.67 and a beta of 0.76. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.03 and a current ratio of 1.03. The company has a fifty day moving average of $60.90 and a 200 day moving average of $78.75. Fiserv has a fifty-two week low of $52.91 and a fifty-two week high of $227.00.

Fiserv (NASDAQ:FISV) last posted its quarterly earnings results on Tuesday, February 10th. The business services provider reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Fiserv had a return on equity of 18.39% and a net margin of 16.42%.The business had revenue of $4.90 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period last year, the firm earned $2.51 earnings per share. The business’s quarterly revenue was up .6% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. On average, sell-side analysts anticipate that Fiserv will post 10.23 earnings per share for the current fiscal year.

Institutional Trading of Fiserv

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. purchased a new position in shares of Fiserv in the fourth quarter valued at $3,507,063,000. Dodge & Cox bought a new position in Fiserv during the fourth quarter valued at $3,323,210,000. Capital World Investors grew its stake in shares of Fiserv by 35.2% in the 3rd quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares in the last quarter. State Street Corp bought a new stake in shares of Fiserv in the 4th quarter worth about $1,588,663,000. Finally, Geode Capital Management LLC purchased a new stake in shares of Fiserv during the 4th quarter valued at about $854,215,000. 90.98% of the stock is owned by hedge funds and other institutional investors.

Fiserv News Roundup

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Strategic expansion — Fiserv announced its largest agent bank partnership with Western Alliance Bank and is hiring senior payments/embedded‑finance leaders from J.P. Morgan, which supports longer‑term merchant technology growth and AI initiatives. This could underpin revenue diversification if execution succeeds. Fiserv Reshapes Fintech Role With Western Alliance Deal And JP Morgan Hires
• Neutral Sentiment: Wells Fargo cut its price target to $62 and set an “equal weight” rating — a downgrade in expected upside but still implies modest upside from current levels; the move signals tempered expectations but not a sell signal. Benzinga
• Negative Sentiment: Raymond James downgraded Fiserv to Market Perform (from Outperform), citing fintech multiple compression across the sector — analyst downgrades increase selling pressure and can accelerate multiple contraction. Raymond James downgrades GPN and FISV amid fintech multiple compression
• Negative Sentiment: Investor letter flags guidance and accounting concerns — Renaissance’s Large Cap Growth strategy named Fiserv its biggest detractor after lowered guidance and accounting questions, which raises short‑term confidence risk among institutional holders. Fiserv (FISV) Became the Biggest Detractor After Lowered Guidance and Accounting Concerns
• Negative Sentiment: Media/analyst commentary points to sustained growth slowdown — coverage notes Fiserv is set for a third consecutive month in the red and that valuation now reflects a materially slower growth outlook, pressuring sentiment until clear reacceleration or margin gains appear. Fiserv heads for third month in the red

About Fiserv

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.