Zacks Research Issues Optimistic Outlook for Fiserv Earnings

Fiserv, Inc. (NYSE:FI) – Equities research analysts at Zacks Research lifted their Q3 2026 earnings estimates for shares of Fiserv in a research report issued to clients and investors on Wednesday, February 26th. Zacks Research analyst R. Department now forecasts that the business services provider will earn $3.28 per share for the quarter, up from their previous forecast of $2.91. The consensus estimate for Fiserv’s current full-year earnings is $10.23 per share.

Fiserv (NYSE:FI) last announced its earnings results on Wednesday, February 5th. The business services provider reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. Fiserv had a return on equity of 17.93% and a net margin of 15.31%.

FI has been the subject of a number of other research reports. Oppenheimer increased their price objective on shares of Fiserv from $214.00 to $239.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. KeyCorp increased their price target on Fiserv from $250.00 to $270.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Compass Point initiated coverage on Fiserv in a research note on Wednesday, November 20th. They set a “buy” rating and a $278.00 price objective on the stock. Morgan Stanley upped their target price on Fiserv from $258.00 to $267.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Keefe, Bruyette & Woods lifted their price target on Fiserv from $238.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $239.83.

Fiserv Price Performance

Shares of NYSE FI opened at $223.82 on Monday. The stock has a market capitalization of $125.63 billion, a price-to-earnings ratio of 41.52, a price-to-earnings-growth ratio of 1.52 and a beta of 0.94. Fiserv has a 52 week low of $145.98 and a 52 week high of $238.59. The firm has a 50-day simple moving average of $217.59 and a 200-day simple moving average of $202.24. The company has a quick ratio of 1.07, a current ratio of 1.06 and a debt-to-equity ratio of 0.86.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FI. Norges Bank purchased a new stake in shares of Fiserv during the fourth quarter worth approximately $1,406,452,000. Sanders Capital LLC acquired a new position in Fiserv in the 3rd quarter valued at $764,543,000. Raymond James Financial Inc. acquired a new position in Fiserv in the 4th quarter valued at $614,982,000. Kovitz Investment Group Partners LLC raised its position in Fiserv by 343.7% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 2,806,579 shares of the business services provider’s stock worth $576,527,000 after buying an additional 2,174,025 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Fiserv by 65.6% in the 4th quarter. Alliancebernstein L.P. now owns 5,437,246 shares of the business services provider’s stock worth $1,116,919,000 after acquiring an additional 2,153,554 shares during the period. 90.98% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, COO Guy Chiarello sold 45,000 shares of the business’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $235.55, for a total value of $10,599,750.00. Following the completion of the sale, the chief operating officer now directly owns 227,711 shares of the company’s stock, valued at approximately $53,637,326.05. The trade was a 16.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.75% of the company’s stock.

Fiserv announced that its Board of Directors has approved a share buyback plan on Thursday, February 20th that permits the company to repurchase 60,000,000 shares. This repurchase authorization permits the business services provider to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.