Fiserv (NASDAQ:FISV) Now Covered by Analysts at Barclays

Barclays began coverage on shares of Fiserv (NASDAQ:FISV) in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm issued an equal weight rating and a $58.00 target price on the business services provider’s stock.

A number of other research analysts have also recently commented on the stock. Citigroup reduced their target price on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, April 9th. Susquehanna reiterated a “positive” rating and issued a $91.00 price objective (down from $99.00) on shares of Fiserv in a report on Monday, May 4th. Weiss Ratings cut shares of Fiserv from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, June 12th. Loop Capital lowered their target price on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Fiserv in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $77.87.

Fiserv Price Performance

Fiserv stock opened at $50.60 on Wednesday. The firm has a fifty day moving average of $53.67 and a 200-day moving average of $59.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.06. Fiserv has a 52-week low of $47.04 and a 52-week high of $171.77. The firm has a market capitalization of $26.98 billion, a P/E ratio of 8.58, a PEG ratio of 1.48 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last announced 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 $4.67 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fiserv’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. As a group, analysts predict that Fiserv will post 8.14 EPS for the current year.

Insider Buying and Selling at Fiserv

In other Fiserv news, CFO Paul M. Todd acquired 10,060 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was acquired at an average price of $49.70 per share, with a total value of $499,982.00. Following the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This represents a 5.78% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.06% of the company’s stock.

Hedge Funds Weigh In On Fiserv

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. bought a new stake in shares of Fiserv in the 4th quarter worth approximately $3,507,063,000. Dodge & Cox acquired a new position in Fiserv during the 4th quarter valued at approximately $3,323,210,000. State Street Corp bought a new position in Fiserv during the 4th quarter worth $1,588,663,000. Geode Capital Management LLC bought a new position in Fiserv during the 4th quarter worth $854,215,000. Finally, Amundi acquired a new stake in Fiserv in the fourth quarter worth $825,819,000. 90.98% of the stock is owned by institutional investors.

Fiserv News Summary

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Shares were boosted by reports that major U.S. banks are exploring a possible purchase of Fiserv’s STAR debit network, with investors viewing the network as a valuable strategic asset that could unlock significant proceeds for Fiserv. Fiserv’s executive turnover continues with president’s resignation
• Positive Sentiment: Analysts at Barclays assigned Fiserv an “equal weight” rating with a $58 price target, while JPMorgan’s new $62 target still implies upside from recent trading levels, suggesting Wall Street sees some value even after the pullback. JPMorgan price target cut on Fiserv
• Neutral Sentiment: Coverage from Barclays and JPMorgan reflects a cautious but not outright bearish stance, with both firms maintaining neutral-type views as investors wait for more clarity on any asset sale and Fiserv’s strategic direction. Fiserv (FISV) Banks Are Circling STAR And Debit Fees Could Be Next
• Neutral Sentiment: Fiserv President Dhivya Suryadevara resigned, adding to the company’s recent executive turnover and creating uncertainty around management stability during a period of strategic review. Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
• Negative Sentiment: Some analysts warned that a potential sale of the debit network could face regulatory scrutiny and political resistance, which could limit the likelihood or value of any transaction. FISV stock draws attention after debit network sale buzz: This analyst warns deal could face regulatory scrutiny

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.