16 stories mentioning FISVUpdated 21d ago
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Fiserv (FISV) has an average rating of hold and mean price target of $65, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $51.53, Change: $+0.92, Percent Change: +1.83%
Fiserv (FISV) has an average rating of Hold and mean price target of $65.64, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Financial stocks were edging lower in late Tuesday afternoon trading, with the NYSE Financial Index down 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.1%.The Philadelphia Housing Index fell 1.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 1.7%.Bitcoin (BTC-USD) was decreasing 0.1% to $63,693, and the yield for 10-year US Treasuries rose 5.8 basis points to 4.54%.In economic news, consumer expectations for one-year US inflation growth jumped to 3.7% in June from 3.5% in the previous month, according to a survey released by the New York Federal Reserve Bank. The print is the highest since September 2023.The US international trade deficit widened to $77.59 billion in May from a revised $54.57 billion gap in April, compared with a wider shortfall of $78.4 billion expected in a Bloomberg-compiled survey.Consumer confidence for July rose from the prior month, with the RealClearMarkets' monthly index rising to 45.5 from 42.5 in June.In corporate news, PennyMac Financial Services (PFSI) shares fell 3.8% after Barclays downgraded the stock to equalweight from overweight and cut its price target to $93 per share from $107.Fiserv (FISV) has held talks with JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC) and PNC Financial Services (PNC) about a potential sale of its STAR Network debit payments business, Reuters reported. Fiserv shares were up 1.6%.HSBC (HSBC) will stop lending to riskier private credit clients that have not provided sufficient returns, Bloomberg reported. The bank will no longer provide back-leverage financing to several clients but will continue to provide them with access to other services, the report said. Separately, HSBC has launched a review of its Turkish retail and corporate banking business and is considering all options, Reuters reported. HSBC shares were shedding 1.4%.Gemini Space Station (GEMI) said Tuesday that it is launching stock trading for customers in the US. Customers in qualifying jurisdictions can now trade in US exchange-listed securities directly from the Gemini app, the company said. Gemini shares fell nearly 5%.
Adam L. Rosman, Chief Administrative and Legal Officer, on June 16, 2026, executed a purchase for 10,150 shares in Fiserv (FISV) for $500,700. Following the Form 4 filing with the SEC, Rosman has control over a total of 136,724 common shares of the company, with 136,724 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/798354/000154937326000010/xslF345X05/wk-form4_1781640675.xml
Fiserv (FISV) has now changed its leadership twice in a short period, with the latest transition coming at a time when the company is seeking to stabilize its core banking business and drive growth in its Clover platform, Deutsche Bank said Tuesday.On Monday, the financial technology and payments company said it appointed Takis Georgakopoulos as chief executive, replacing Mike Lyons, who stepped down to become CEO of Truist Financial (TFC). Fiserv had appointed Lyons as CEO in May 2025."Our primary concern is the timing, coming only a few weeks after the (company's) investor day, with (Fiserv) executing a significant transformation agenda across banking software modernization, platform modernization, Clover, and the One Fiserv operating model," Deutsche Bank analyst Nate Svensson said in a note to clients Tuesday.Clover is Fiserv's cloud-based point-of-sale and business management platform."With the company now seeking to stabilize its core banking business and drive growth in Clover by strengthening the product set and deepening its sales efforts, investors will be monitoring any potential disruption," Svensson said.Fiserv shares were up 3.4% in Tuesday afternoon trade. The stock has lost nearly 70% in value since Lyons' appointment as CEO, according to Deutsche Bank.The bulk of that slump reflected the "disclosure and rollback of aggressive, short-term oriented customer initiatives that predated his tenure and drove revenue and profitability erosion," Svensson said Tuesday."As a result of certain client actions taken over the last couple of years, including a move to consolidate from 16 to 5 (core banking platforms), we've suffered revenue attrition and lost some market share, which has been disappointing to us," Lyons said in May during the company's investor day, according to a FactSet transcript."Over the last six months, we've moved aggressively to reverse these trends, carefully reviewing all aspects of the business," Lyons said at the time. "Our work and lots of feedback from our clients has identified very addressable issues predominantly on the service and product delivery side, and less so on the technology side. And this assessment has been validated externally."Most recently, Georgakopoulos served as Fiserv's co-president leading technology and merchant solutions.Also on Monday, the company said it continues to expect full-year adjusted earnings of $8 to $8.30 a share and organic revenue growth of 1% to 3%. Analysts polled by FactSet are looking for non-GAAP EPS of $8.12.Price: $49.38, Change: $+1.47, Percent Change: +3.07%
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.04%, and the actively traded Invesco QQQ Trust (QQQ) advanced 0.2% in Tuesday's premarket activity, ahead of the Fed's monetary policy committee meeting on interest rates.A decision on interest rates is due tomorrow.US stock futures were also higher, with S&P 500 Index futures up 0.01%, Dow Jones Industrial Average futures advancing 0.1%, and Nasdaq futures gaining 0.2% before the start of regular trading.In premarket action, bitcoin was down by 0.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.3% lower, Ether ETF (EETH) retreated by 1.4%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 0.02%.Power Play:HealthcareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) was up 0.2%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was down 0.7%.Alvotech (ALVO) stock was down more than 6% premarket after the company priced an underwritten public offering of about 22.7 million shares at $3.75 per share, for gross proceeds of about $85 million.Winners and Losers:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.2%, while the Vanguard Industrials Index Fund (VIS) was up 0.5% and the iShares US Industrials ETF (IYJ) was inactive.SpaceX (SPCX) stock was up more than 4% before the opening bell following a 19.6% rise at the prior close. The company said it has signed an agreement to acquire Cursor in a deal with an implied equity value of $60 billion.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced 0.5%, and the iShares US Technology ETF (IYW) was 0.6% higher, while the iShares Expanded Tech Sector ETF (IGM) was down 1.5%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased by 0.4%, while the iShares Semiconductor ETF (SOXX) rose by 0.5%.Qualcomm (QCOM) shares were up more than 4% in premarket activity after CEO Cristiano Amon told CNBC the company is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.1%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was up 1.1%. The iShares US Consumer Staples ETF (IYK) was inactive. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) gained by 0.1%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 1.1% higher.Tesla (TSLA) shares were down nearly 1% pre-bell after closing Monday with a 1.2% gain. Global electric vehicle sales are expected to be slower than previously expected, especially in the United States, hurt by the withdrawal of regulatory support for electrification in the country, according to a Tuesday note published by BloombergNEF.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) advanced 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.5%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.5% lower.Fiserv (FISV) shares were up more than 1% pre-bell after the company said it has launched tender offers to buy all $750 million of 5.15% senior notes due 2027, and all $2 billion of 4.40% senior notes due 2049.EnergyThe iShares US Energy ETF (IYE) was flat, while the State Street Energy Select Sector SPDR ETF (XLE) was down by 0.3%.TotalEnergies (TTE) stock was up nearly 1% before market open, a day after the European Commission said it had approved a joint venture between TotalEnergies and Masdar focused on renewable energy projects in the Asia-Pacific region.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 2.9% to $78.40 per barrel on the New York Mercantile Exchange. Natural gas advanced by 0.9% to $3.18 per 1 million British Thermal Units. The United States Oil Fund (USO) declined by 3.9%, while the United States Natural Gas Fund (UNG) was 0.2% lower.Gold futures for July advanced by 0.2% to $4,360.00 an ounce on the Comex. Silver futures rose by 0.4% to $70.44 an ounce. SPDR Gold Shares (GLD) was up by 0.6%, and the iShares Silver Trust (SLV) rose by 0.7%.
Financial stocks were higher late Monday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.7%.The Philadelphia Housing Index was adding 0.9%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.9%.Bitcoin (BTC-USD) was increasing 1.3% to $66,541, and the yield for 10-year US Treasuries was down 1.8 basis points at 4.469%.In economic news, US industrial production increased less than estimated in May as nondurable manufacturing fell, while mining output increased, Federal Reserve data showed Monday. Industrial output inched up 0.1% last month following a 0.9% rise in April, the Fed said. The consensus was for a 0.3% increase in a survey compiled by Bloomberg.US homebuilder confidence declined this month as rising material costs and high mortgage rates stoked affordability concerns, the National Association of Home Builders and Wells Fargo said Monday. The housing market index, which covers new single-family homes, fell two points sequentially to 35 in June, compared to a 37 reading in a survey compiled by Bloomberg.In corporate news, Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash deal valued at about $2.75 billion. Payoneer shares gained 4.2%.eToro (ETOR) is pursuing acquisitions and considering an expansion into payments and banking services as the online trading platform looks to diversify its business, the Financial Times reported, citing CEO Yoni Assia. eToro shares rose 3.7%.Truist Financial (TFC) on Monday named Michael P. Lyons as its next president and chief executive officer, starting Sept. 1. Lyons, who most recently served as CEO of Fiserv (FISV), will succeed Bill Rogers at Truist. Rogers will become executive chair on Lyons' start date, Truist said. Truist shares were down 5.6%, and Fiserv fell past 10%.UWM (UWMC) said Monday that the board of Two Harbors Investment (TWO) has only been "pretending" to engage over its proposed takeover offer to convince shareholders their only option is to accept an "inferior" deal with CrossCountry Mortgage. UWM shares were down 1.1%, and Two Harbors shed 0.9%.
Financial stocks were higher Monday afternoon trading, with the NYSE Financial Index rising 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 1%.The Philadelphia Housing Index was climbing 1.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.5%.Bitcoin (BTC-USD) was increasing 4.8% to $66,834, and the yield for 10-year US Treasuries was down 1.8 basis points at 4.47%.In economic news, US industrial production increased less than estimated in May as nondurable manufacturing fell, while mining output increased, Federal Reserve data showed Monday. Industrial output inched up 0.1% last month following a 0.9% rise in April, the Fed said. The consensus was for a 0.3% increase in a survey compiled by Bloomberg.US homebuilder confidence declined this month as rising material costs and high mortgage rates stoked affordability concerns, the National Association of Home Builders and Wells Fargo said Monday. The housing market index, which covers new single-family homes, fell two points sequentially to 35 in June, compared to a 37 reading in a survey compiled by Bloomberg.In corporate news, Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash deal valued at about $2.75 billion. Payoneer shares gained 4%.Truist Financial (TFC) on Monday named Michael P. Lyons as its next president and chief executive officer, starting Sept. 1. Lyons, who most recently served as CEO of Fiserv (FISV), will succeed Bill Rogers at Truist. Rogers will become executive chair on Lyons' start date, Truist said. Truist shares were down 4.3%, and Fiserv fell 10%.Runway Growth Finance (RWAY) shares fell 5.6% after BofA Securities downgraded the company to underperform from neutral.
Financial stocks were mixed in late Friday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) gaining 0.1%.The Philadelphia Housing Index was down 0.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.9%.Bitcoin (BTC-USD) was down 6.2% to $59,675, and the yield for 10-year US Treasuries rose 5.9 basis points to 4.536%.In economic news, the unemployment rate remained at 4.3% in May, as expected. The labor force participation rate was also unchanged from 61.8% in April, and the size of the labor force rose by 83,000 on an increase in household employment that was partially offset by a decline in household unemployment.In corporate news, JPMorgan Chase (JPM) Chief Executive Jamie Dimon is exploring acquisition opportunities, potentially including a wealth management firm or a private credit business, the New York Post reported Friday, citing people familiar with the matter. JPMorgan shares rose 0.3%.Fiserv (FISV) shares were down about 3.6% in Friday trading after BNP Paribas downgraded the stock to underperform from neutral and reduced its price target to $46 from $55.Interactive Brokers (IBKR) will allow eligible UK clients to participate in the initial public offering of SpaceX ahead of the listing of its shares on Nasdaq, the company said Friday. Interactive Brokers' shares were down 3.4%.
Fiserv (FISV) shares were down about 3.6% in Friday trading after BNP Paribas downgraded the stock to underperform from neutral and reduced its price target to $46 from $55.Intraday trading volume stood at more than 4.4 million shares, against a daily average of roughly 6.5 million shares.Price: $54.20, Change: $-2.04, Percent Change: -3.62%
Fiserv (FISV) has an average rating of hold and mean price target of $67.58, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Fiserv (FISV) is positioning itself for a return to double-digit adjusted earnings growth while expanding its push into agentic AI and banking automation through its new AgentOS platform, RBC Capital Markets said.The investment firm said in a Thursday research note that AgentOS is designed to create AI agents that operate across banking workflows within regulated environments.Fiserv is collaborating with OpenAI and Amazon (AMZN) Bedrock AgentCore on the platform, with six financial institutions already participating in development efforts and two running agents in beta, RBC said.The firm also highlighted continued momentum in Merchant Solutions, where Clover represented about $3.3 billion in revenue in 2025.RBC said the company is focused on improving Core migration dynamics and reducing attrition through investments in service-level improvements and a more modular migration approach.RBC has an outperform rating with a $75 price target on Fiserv.Shares of the company were up 1.8% in Friday afternoon trading.Price: $54.44, Change: $+0.98, Percent Change: +1.83%
Financial stocks were advancing pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) up 0.6%.The Direxion Daily Financial Bull 3X Shares (FAS) was 1.8% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.8%.Brookfield (BN) stock was up 0.6% after the company reported higher Q1 distributable earnings and revenue.Fiserv (FISV) shares were up more than 2% after the company said it is working with OpenAI to integrate advanced AI capabilities into its platforms, aiming to help financial institutions modernize operations and support efficiency.Brookfield Asset Management (BAM) is nearing a $935 million loan to help fund its acquisition of World Freight from EQT and PAI Partners, Bloomberg News reported, citing sources familiar with the matter. Brookfield Asset Management stock was up more than 1% premarket.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target price to $70 from $83, on a P/E of 7.8x our 2027 EPS view vs. the peer average of 6.7x. We decrease our 2026 EPS view to $8.14 from $8.28 and 2027's to $9.00 from $9.17. Despite operational challenges, FISV maintained its 2026 guidance and commitment to shareholder returns. The company affirmed its expectation for organic revenue growth of 1%-3% and adjusted EPS of $8.00-$8.30 for 2026. FISV repurchased $200M worth of shares in Q1, demonstrating continued confidence in its long-term prospects. This confidence is directly tied to the tangible progress made under the "One Fiserv" action plan. Management highlighted key operational improvements, such as a 27% Y/Y reduction in client inquiry resolution time and strong underlying growth in platforms like Finxact and CommerceHub, as leading indicators that support the full-year guidance. We think the positive underlying trends will become more visible in the financial results in 2H 2026 and beyond.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:FISV delivered challenging Q1 results with adjusted EPS of $1.79 (-16% Y/Y, beating by $0.21) on revenue of $4.68B (-2% Y/Y, missing by $50M). Organic revenue declined 4%, while adjusted operating margin compressed 810 bps to 29.7% during the "One Fiserv" transformation. We think Q1 reinforced that FISV remains in a difficult transition period where transformation investments weigh on near-term profitability while growth benefits have yet to materialize. Management emphasized early-stage execution, with CEO noting results aligned with February expectations, as the company incurred $142M in transformation expenses. Both segments showed weakness: Merchant Solutions achieved flat revenue but -1% organic decline with 780bps margin compression to 26.4%, while Financial Solutions revenue fell 5% (-6% organic) with margins down 940bps to 38.1%. We believe the May 14th Investor Day will be critical for providing visibility on when "One Fiserv" investments will generate meaningful returns to justify current challenges.
Upcoming results of several key payment-focused and financial technology companies are likely to either meet or exceed expectations, though firms are seen having a cautious outlook on the consumer amid war-driven inflationary pressures, RBC Capital Markets said in a note e-mailed Monday.PayPal (PYPL), Fiserv (FISV), Shift4 Payments (FOUR), Affirm (AFRM), Block (XYZ), Corpay (CPAY), Global Payments (GPN), Fidelity National Information Services (FIS), Jack Henry & Associates (JKHY), Rocket (RKT), Toast (TOST), and NCR Voyix (VYX) are among the companies scheduled to report their latest quarterly financial results this week."We believe that the payments group will deliver in-line to better-than-expected results, except for (Shift4), which we believe will be impacted by seasonally weaker and Middle East-impacted Global Blue; PayPal, and (NCR)," RBC analyst Daniel Perlin said in a note to clients. "While we expect higher tax returns to benefit spending trends this quarter, we expect management teams to have a cautious outlook on the consumer on the basis of higher fuel prices and a general inflationary environment impacting discretionary spending."High recurring revenue and a strong demand backdrop likely insulate Jack Henry and Fidelity National from broader economic volatility, according to the brokerage. "The macro is not in the driver seat for them, and we expect management teams to continue reinforcing their view that the cores have a data and compliance moat from (artificial intelligence) disruption," Perlin said.Recently, Visa's (V) latest quarterly results showed payments volume growth in the US, while Mastercard (MA) saw purchase volume growth in that market, according to RBC. This indicates that restaurant and retail has likely "held up," though cross-border and travel continue to be areas of caution, Perlin said.PayPal's branded checkout performance in the first quarter will likely be pressured due to exposure to the Middle East conflict and pullback from low-income consumers. However, the investors will be focused on the company's potential future strategic direction instead of just the quarterly results, according to the note.RBC expects Global Payments to face "modest" headwinds in the first half of 2026 due to its exposure to Middle Eastern airlines and the ongoing conflict in the region. Despite having minimal Middle East ties, inflation and small- and medium-business exposure could challenge Fiserv in the near term.Affirm is seeing robust consumer demand despite high fuel costs, RBC said. "Affirm's potential Middle East exposure is more of a knock-on effect associated with higher oil prices crowding out overall consumer spending, and with (Affirm's) tilt toward lower-end consumers, it's probable to assume some potential weakness in that cohort."Block's Cash App Borrow offering is likely to see strong demand amid consumer pressure, according to the brokerage. "As for (the first quarter), intra-quarter conversations suggest overall volume trends in both Cash App and Seller appear to be holding up, with additional levers benefiting (the second quarter)," Perlin said.Energy prices have surged as the US-Israel war with Iran curtailed shipments through the crucial Strait of Hormuz. The conflict paused following a recent ceasefire between Washington and Tehran, but a framework for a permanent truce is yet to be reached. The war started at the end of February.Price: $50.52, Change: $+0.08, Percent Change: +0.16%
