Cantor Fitzgerald Cuts Fiserv (NASDAQ:FISV) Price Target to $62.00

Fiserv (NASDAQ:FISV) had its price objective cut by Cantor Fitzgerald from $70.00 to $62.00 in a report issued on Monday,Benzinga reports. They currently have a neutral rating on the business services provider’s stock.

FISV has been the subject of a number of other research reports. Morgan Stanley decreased their target price on Fiserv from $81.00 to $64.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 28th. Northcoast Research lowered Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Wells Fargo & Company dropped their price objective on Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a research note on Friday, March 27th. Stephens dropped their price objective 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. Finally, Loop Capital assumed coverage on Fiserv in a report on Tuesday, March 31st. They set a “hold” rating and a $62.00 target price on the stock. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Fiserv presently has a consensus rating of “Hold” and a consensus target price of $83.57.

Fiserv Trading Down 4.6%

Shares of NASDAQ FISV opened at $52.37 on Monday. The stock has a market cap of $27.93 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 1.74 and a beta of 0.84. The business has a 50 day simple moving average of $58.48 and a 200 day simple moving average of $63.67. Fiserv has a 52 week low of $52.17 and a 52 week high of $191.28. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06.

Fiserv (NASDAQ:FISV) last announced its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. The firm had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. Fiserv had a return on equity of 17.46% and a net margin of 15.17%.The business’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. On average, research analysts predict that Fiserv will post 8.14 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv announced an agreement with Bridgeport Partners to form a joint venture covering its ATM Managed Services, Cash & Logistics, and MoneyPass businesses. The deal could help Fiserv unlock value, streamline operations, and accelerate growth in its cash-services businesses. Fiserv and Bridgeport Partners Enter into Agreement to Form Joint Venture to Accelerate Growth Across ATM and Cash Services Businesses
• Positive Sentiment: Fiserv also expanded its Clover platform with Clover Reserve powered by Tabit, an AI-driven restaurant POS and hospitality solution aimed at full-service and fine-dining restaurants. Investors may see this as a way to deepen Clover’s reach and support longer-term merchant revenue growth. Fiserv Tabit AI Restaurant Platform Aims To Deepen Clover Relationships
• Neutral Sentiment: Industry commentary highlighted Fiserv as one of several financial transaction stocks positioned to benefit from digital payments trends such as contactless payments and cross-border growth, which supports the company’s longer-term operating backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Several analysts still see upside from current levels, but targets have been mixed, with some recent cuts offset by others that remain bullish. That creates a divided near-term sentiment backdrop rather than a clear catalyst. Deutsche Bank Adjusts Price Target on Fiserv to $60 From $63
• Negative Sentiment: Rothschild & Co Redburn cut its price target to $40 and kept a sell rating, reinforcing concerns that Fiserv may face further downside if growth or margins do not improve soon. Rothschild & Co Redburn Adjusts Price Target on Fiserv to $40 From $50

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.