Morgan Stanley Issues Positive Forecast for Fiserv (NASDAQ:FISV) Stock Price

Fiserv (NASDAQ:FISV) had its price target boosted by Morgan Stanley from $64.00 to $65.00 in a research report sent to investors on Friday, Marketbeat Ratings reports. The brokerage currently has an equal weight rating on the business services provider’s stock.

Several other brokerages have also recently issued reports on FISV. Stephens cut their price target on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 11th. Cantor Fitzgerald cut their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating for the company in a research note on Monday, May 11th. Robert W. Baird set a $78.00 price target on Fiserv in a research note on Wednesday, May 6th. Mizuho cut their price target on Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Finally, Truist Financial cut their price target on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Nine research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Fiserv currently has an average rating of “Hold” and an average target price of $82.80.

Fiserv Price Performance

Fiserv stock opened at $56.56 on Friday. Fiserv has a 12 month low of $52.17 and a 12 month high of $177.36. The stock’s 50 day moving average is $57.56 and its 200-day moving average is $61.63. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $30.16 billion, a price-to-earnings ratio of 9.59, a PEG ratio of 1.56 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last posted its earnings results on Tuesday, May 5th. The business services provider reported $1.79 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 company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.73 billion. The company’s 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. Equities research analysts expect that Fiserv will post 8.14 EPS for the current year.

Institutional Investors Weigh In On Fiserv

Several institutional investors and hedge funds have recently added to or reduced their stakes in FISV. Vanguard Group Inc. bought a new stake in Fiserv during the fourth quarter worth $3,507,063,000. Dodge & Cox bought a new stake in Fiserv during the fourth quarter worth $3,323,210,000. State Street Corp bought a new stake in Fiserv during the fourth quarter worth $1,588,663,000. Geode Capital Management LLC bought a new stake in Fiserv during the fourth quarter worth $854,215,000. Finally, Amundi bought a new position in shares of Fiserv in the 4th quarter valued at $825,819,000. 90.98% of the stock is currently owned by institutional investors.

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.