Fiserv (FISV) Stock Overview
Provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
FISV Community Fair Values
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Analyst Price Targets
Top Community Narratives
Fiserv, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$56.81 |
| 52 Week High | US$191.91 |
| 52 Week Low | US$52.91 |
| Beta | 0.84 |
| 1 Month Change | 2.69% |
| 3 Month Change | -5.32% |
| 1 Year Change | -68.68% |
| 3 Year Change | -52.40% |
| 5 Year Change | -49.95% |
| Change since IPO | 20,402.29% |
Recent News & Updates
Seeking Alpha • May 05
Fiserv Looks Like A Value Trap After Q1
Summary Fiserv, Inc. continues to deteriorate, with Q1 2026 revenue down 2% and organic revenue down 4% year-over-year. FISV margins are sharply contracting: Merchant Solutions fell from ~34% to 26%, and Financial Solutions from 47.5% to 38%. Despite FISV's reaffirmed guidance (organic growth 1%-3%, EPS $8-$8.3), I see no credible turnaround plan or offensive strategy. High leverage ($28B debt) and declining free cash flow ($259M vs. $371M) leave FISV little room for innovation or error. Read the full article on Seeking Alpha
Narrative Update • May 05
Q1 2026 FCF collapse has reset the debate from "fair value" to "distressed transformation"
Fiserv is a high-switching-cost payments infrastructure business where the Q1 2026 FCF collapse has reset the debate from "fair value" to "distressed transformation" — the thesis now depends entirely on whether Project Elevate delivers FCF recovery in 2027 before leverage becomes a constraint.
Narrative Update • May 01
FISV: Banking Weakness And EPS Headwinds Will Constrain Future Share Performance
Fiserv's analyst price targets have been trimmed by a few dollars across multiple firms, with analysts broadly citing lower near term expectations for Banking and Financial Solutions, along with continuing constructive views on Merchant Solutions and updated assumptions for growth, margins and discount rates in their refreshed models. Analyst Commentary Recent research on Fiserv has tilted more cautious, with several bearish analysts trimming price targets and, in some cases, shifting to more neutral stances.Recent updates
Seeking Alpha • May 05
Fiserv Looks Like A Value Trap After Q1
Summary Fiserv, Inc. continues to deteriorate, with Q1 2026 revenue down 2% and organic revenue down 4% year-over-year. FISV margins are sharply contracting: Merchant Solutions fell from ~34% to 26%, and Financial Solutions from 47.5% to 38%. Despite FISV's reaffirmed guidance (organic growth 1%-3%, EPS $8-$8.3), I see no credible turnaround plan or offensive strategy. High leverage ($28B debt) and declining free cash flow ($259M vs. $371M) leave FISV little room for innovation or error. Read the full article on Seeking AlphaNarrative Update • May 05
Q1 2026 FCF collapse has reset the debate from "fair value" to "distressed transformation"
Fiserv is a high-switching-cost payments infrastructure business where the Q1 2026 FCF collapse has reset the debate from "fair value" to "distressed transformation" — the thesis now depends entirely on whether Project Elevate delivers FCF recovery in 2027 before leverage becomes a constraint.Narrative Update • May 01
FISV: Banking Weakness And EPS Headwinds Will Constrain Future Share Performance
Fiserv's analyst price targets have been trimmed by a few dollars across multiple firms, with analysts broadly citing lower near term expectations for Banking and Financial Solutions, along with continuing constructive views on Merchant Solutions and updated assumptions for growth, margins and discount rates in their refreshed models. Analyst Commentary Recent research on Fiserv has tilted more cautious, with several bearish analysts trimming price targets and, in some cases, shifting to more neutral stances.Narrative Update • Apr 16
FISV: Weaker Banking Revenues And EPS Pressure Will Challenge Future Earnings Power
Analysts have trimmed the Fiserv price target by several dollars into the mid $60s range, citing more cautious Banking revenue assumptions, expectations for a few quarters of EPS pressure, and modestly higher required returns. This comes even as models still reflect mid single digit revenue growth, slightly stronger profit margins, and a lower future P/E multiple around 9x.
Narrative Update • Apr 02
FISV: Merchant Execution And Activist Pressure Will Support Future Rebound Potential
Analysts have trimmed the Fiserv fair value estimate by about $1 to $107.30. This reflects a shift toward higher modeled revenue growth alongside slightly lower profit margins and a modestly reduced future P/E, as recent target cuts and neutral ratings signal more mixed expectations for the shares.New Narrative • Mar 27
Fiserv is a high-switching-cost payments infrastructure business at fair value under even pessimistic assumptions.
Investment Thesis Clover’s 25% VAS penetration with a clear path to 35-40%+ is a high-margin compounding engine that the market is likely underweighting relative to the noise around transformation spend Financial Solutions core banking and debit processing carry near-irreplaceable switching costs — client defection risk is structurally low regardless of competitive pressure at the margin At ~10-11x 2026 adjusted EPS, the stock prices in essentially no recovery from the guided trough — any normalization toward 38%+ adjusted margins in 2027-28 creates meaningful upside $4.3B+ in annual FCF funds ~$5-6B in annual buybacks, reducing share count ~6%/year and creating EPS growth even in a flat-revenue environment Project Elevate efficiency initiatives and AI platform investments are the right structural response to competitive pressure, and are temporary in nature rather than permanent margin impairment Risk Considerations $28.2B in net debt means FCF deterioration is amplified directly into equity value destruction — a 1.5% WACC shift moves intrinsic value by ~$25-30/share Banking segment organic revenue declined 3% in FY25 with no clear inflection catalyst; cloud-native core banking competitors (Thought Machine, Temenos, Mambu) are winning greenfield deals Fiserv cannot Operating margin has compressed ~200 bps in both FY25 and is guided to compress again in FY26 — if the margin trough extends beyond 2026, the FCF engine supporting buybacks begins to erode Clover competes directly against Square, Toast, and Stripe in adjacent verticals — any meaningful take-rate compression or merchant loss in the SMB segment would impair the primary growth thesis The proxy statement (DEF 14A) has not yet been filed; management compensation structure and insider ownership — key governance inputs — remain unverified from primary sourcesNarrative Update • Mar 18
FISV: Merchant Segment Execution And Activist Engagement Will Drive Rebound Potential
Fiserv's updated analyst price target edges higher to $108.32 from $107.62, reflecting modestly revised assumptions around revenue growth, profit margins, and future P/E as analysts balance cautious views on near term banking weakness with steadier expectations for merchant solutions. Analyst Commentary Recent Street research on Fiserv points to a mixed backdrop, but there are clear pockets of optimism that help explain why the updated price target moves slightly higher.Narrative Update • Mar 04
FISV: Merchant Strength And Activist Pressure Will Support Rebound Potential
Our analyst price target for Fiserv has been reduced to $107.62 from $231.84 as analysts factor in lower revenue growth and profit margin assumptions, a higher discount rate, and more conservative future P/E expectations following recent updates to their payments and banking models. Analyst Commentary Recent Street research around Fiserv points to a more cautious stance on near term earnings and segment performance, but it also surfaces several areas where analysts still see potential support for the equity story.Narrative Update • Feb 17
FISV: Bearish Rating Shifts And Weaker Sentiment Will Pressure Future Earnings Power
The analyst price target for Fiserv has been reduced, with recent cuts ranging from $4 to $17 as analysts factor in more cautious revenue growth, slightly lower profit margin expectations, a modestly lower discount rate, and a higher assumed future P/E multiple. Analyst Commentary Recent Street research on Fiserv points to a more cautious stance, with several bearish analysts trimming price targets and, in some cases, downgrading the shares.Narrative Update • Feb 03
FISV: Slower Core Execution And Legal Scrutiny Will Pressure Earnings Power
Analysts have cut their price targets on Fiserv to a clustered range around US$77 to US$99. This reflects a more cautious stance tied to lower assumed growth, slightly higher discount rates, trimmed future P/E expectations and mixed sentiment around the pace of improvement in its core payments and banking businesses.
Narrative Update • Jan 20
FISV: Future Upside Will Rely On Recurring Revenue And Execution Reset
Analysts have reduced their Fiserv fair value estimate by about US$1.75 per share. This reflects lower assumed revenue growth, slightly higher discount rates, and reduced price targets across the Street that indicate a reset of expectations following recent earnings and guidance changes.Narrative Update • Jan 06
FISV: Future Upside Will Rely On Durable Recurring Revenue Reset
Analysts have cut their Fiserv price targets sharply, with our fair value estimate moving from US$95.48 to US$86.50. They are resetting expectations around slower reported growth, margin pressure and a lower future P/E multiple following the Q3 earnings miss, guidance reductions and management changes.Narrative Update • Dec 16
FISV: Multi-Year Reset Will Likely Pressure Margins And Earnings Power
Analysts have slashed our Fiserv fair value estimate from about $141 to $50 as they recalibrate for sharply slower revenue growth, lower sustainable margins, and a more uncertain multiyear transition period following the company’s guidance reset and management overhaul. Analyst Commentary Bearish analysts have responded to Fiserv’s reset by aggressively cutting price targets and ratings, reflecting a reassessment of the company’s structural growth profile and execution risk.Narrative Update • Dec 01
FISV: Future Returns Will Rely On Durable Recurring Revenue Model
Fiserv's analyst price target has been meaningfully lowered, as analysts cite diminished growth expectations and emphasize the need for a more conservative financial outlook following recent earnings results and leadership changes. Analyst Commentary Recent analyst coverage of Fiserv following the company's earnings miss and management changes has led to swift and significant changes to price targets, ratings, and sector outlooks.Narrative Update • Nov 17
FISV: Future Performance Will Depend On Evolving Recurring Revenue Strategy
Analysts have significantly reduced their price targets for Fiserv, with fair value estimates falling from approximately $107 to $96 per share. They cite sharply lower revenue growth expectations, margin pressures, and a strategic reset following a period of over-optimistic guidance and management transition.Narrative Update • Nov 03
FI: Management Transition And Recurring Revenue Focus Will Support Long-Term Recovery
Analysts have sharply reduced their fair value estimate for Fiserv from approximately $178 to $107. This change reflects concerns over diminished growth prospects, margin pressure, increased discount rates, and a significant strategic reset following earnings and guidance disappointments.Analysis Article • Nov 01
Not Many Are Piling Into Fiserv, Inc. (NYSE:FI) Stock Yet As It Plummets 47%
Fiserv, Inc. ( NYSE:FI ) shareholders that were waiting for something to happen have been dealt a blow with a 47% share...Narrative Update • Oct 20
Global Digital Payments Expansion Will Drive Future Prosperity
Fiserv’s fair value estimate has decreased from $183.91 to $178.38. Analysts cite tempered growth outlooks, margin guidance reductions, and increasing competitive pressures as factors driving the lower price targets.Narrative Update • Oct 06
Global Digital Payments Expansion Will Drive Future Prosperity
Analysts have lowered their price target for Fiserv from approximately $187.64 to $183.91. They cite cautious organic growth and margin outlooks, despite the company's ongoing long-term potential.Narrative Update • Sep 21
Global Digital Payments Expansion Will Drive Future Prosperity
Despite near-term concerns over slower organic growth and cautious investor sentiment in the payments sector, analysts remain confident in Fiserv’s long-term compounding potential, resulting in a modest price target increase from $184.16 to $187.64. Analyst Commentary Lowered organic growth and margin guidance continues to weigh on shares, indicating fundamental softness and pressuring near-term valuation.Analysis Article • May 16
Why We're Not Concerned Yet About Fiserv, Inc.'s (NYSE:FI) 25% Share Price Plunge
To the annoyance of some shareholders, Fiserv, Inc. ( NYSE:FI ) shares are down a considerable 25% in the last month...Seeking Alpha • Apr 24
Fiserv: Slower Clover Volumes Raise Alarms, Too Soon To Buy
Summary Fiserv, Inc.'s Q1 results were mixed, with a revenue miss and a modest EPS beat driven by lower costs, leading to a 15% stock drop. Clover's 27% revenue growth was strong, but volume growth was disappointing, indicating a potential deceleration in penetration and slowing ahead. Fiserv's margin expansion appears to be nearing its end, especially in merchant solutions, and revenue growth is at risk if the economy weakens. With FI shares' decline making valuation modestly cheap, I remain a "hold," but would consider buying if shares fall below $175. Read the full article on Seeking AlphaSeeking Alpha • Apr 16
Fiserv: Still A Long-Term Winner Even Under Uncertainty
Summary I rate Fiserv, Inc. as a buy due to its strong growth prospects, particularly driven by its Clover platform and strategic acquisitions. Fiserv's impressive financial performance in 2024, including a 34% YoY increase in free cash flow, underscores its robust business model and growth potential. The acquisition of First Data in 2019 has significantly bolstered Fiserv's market position, enabling it to offer a wider range of services and capture new markets. Despite risks from tariffs and high debt, Fiserv's strategic partnerships and innovative solutions position it for long-term growth and resilience. Read the full article on Seeking AlphaSeeking Alpha • Mar 15
Fiserv: Challenges In Front Of Sustaining Share Price Momentum
Summary For yet another year, Fiserv has become the best-performing stock within its peer group. However, the key drivers behind the stock's stellar performance over the past 12-months are unlikely to persist in 2025. I remain optimistic about the company's long-term future, but I see little upside on top of the broader equity market performance in 2025. Read the full article on Seeking AlphaSeeking Alpha • Feb 15
Fiserv: Attractive Earnings Growth Equity Story
Summary Fiserv is poised for mid-to-high-teens earnings growth, driven by the Clover platform and enterprise solutions, expanding its merchant acquiring network and payroll integration. FI's recent earnings report showed 13% organic revenue growth, 29% Clover revenue growth, and EBIT margin expansion, reinforcing its strong EPS growth narrative. Clover's growth remains robust, with high-20s% revenue growth expected in FY25, supported by new product offerings and international expansion into Brazil, Mexico, and Australia. Read the full article on Seeking AlphaSeeking Alpha • Feb 06
Fiserv: Clover Delivers Again, But Good News Is Increasingly Priced In (Rating Downgrade)
Summary Fiserv shares have surged over 55% in the past year, driven by strong Q4 results and the growth of its Clover fintech platform. Organic revenue growth hit 13%, with operating margins improving to 42.9%, showcasing the company's efficiency and scalability. Clover's 29% growth and partnerships with DoorDash and Walmart highlight Fiserv's innovative edge and market leadership in fintech which should continue to power growth. Despite solid financials and growth prospects, I am moving Fiserv to a "hold" from "buy" due to limited upside potential at current levels given valuation. Read the full article on Seeking AlphaSeeking Alpha • Dec 06
Fiserv: Favorable Macroeconomic Tailwinds Will Drive Steady Revenue Growth
Summary Fiserv is poised for robust growth driven by favorable macroeconomic trends, strong holiday season performance, and international expansion, particularly with its Clover platform. Anticipated Fed rate cuts in 2025 are expected to stimulate small business growth, a key segment for Fiserv, enhancing revenue and margin expansion. Fiserv's recent performance, including 15% organic revenue growth and 40.2% operating margins, underscores its strong execution and market position. Despite a premium valuation, Fiserv's superior growth profile, product innovation, and strategic partnerships justify a BUY rating with the potential for multiple expansion. Read the full article on Seeking AlphaSeeking Alpha • Oct 23
Fiserv: No Longer A Bargain But Still A Fairly Valued High-Quality Company
Summary Fiserv's performance validates the initial investment thesis and consistent buy recommendation. Updating and rolling forward my DCF gives a fair value of $195. As FI is no longer undervalued, I changed my rating to Hold. I discuss the merits of holding a high-quality franchise at fair value or with even a minor overvaluation. Read the full article on Seeking AlphaShareholder Returns
| FISV | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -9.3% | -0.6% | 2.1% |
| 1Y | -68.7% | -10.6% | 30.6% |
Return vs Industry: FISV underperformed the US Diversified Financial industry which returned -10.6% over the past year.
Return vs Market: FISV underperformed the US Market which returned 30.6% over the past year.
Price Volatility
| FISV volatility | |
|---|---|
| FISV Average Weekly Movement | 5.6% |
| Diversified Financial Industry Average Movement | 6.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FISV has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FISV's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 38,000 | Mike Lyons | www.fiserv.com |
Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments. The Merchant Solutions segment offers merchant acquiring and digital commerce services; mobile payment services; security and fraud protection solutions; stored-value solutions; software-as-a-service; POS devices; and pay-by-bank solutions.
Fiserv, Inc. Fundamentals Summary
| FISV fundamental statistics | |
|---|---|
| Market cap | US$29.91b |
| Earnings (TTM) | US$3.20b |
| Revenue (TTM) | US$21.09b |
9.5x
P/E Ratio1.4x
P/S RatioIs FISV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FISV income statement (TTM) | |
|---|---|
| Revenue | US$21.09b |
| Cost of Revenue | US$8.85b |
| Gross Profit | US$12.24b |
| Other Expenses | US$9.04b |
| Earnings | US$3.20b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.00 |
| Gross Margin | 58.06% |
| Net Profit Margin | 15.17% |
| Debt/Equity Ratio | 111.3% |
How did FISV perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 11:33 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fiserv, Inc. is covered by 57 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| David Koning | Baird |
| Gary Prestopino | Barrington Research Associates, Inc. |