Fiserv (NASDAQ:FISV) Price Target Lowered to $62.00 at JPMorgan Chase & Co.

Fiserv (NASDAQ:FISV) had its target price reduced by analysts at JPMorgan Chase & Co. from $75.00 to $62.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 21.35% from the company’s previous close.

Several other equities analysts have also recently issued reports on FISV. Deutsche Bank Aktiengesellschaft decreased their price objective on Fiserv from $63.00 to $60.00 in a research note on Monday, May 11th. Wells Fargo & Company lowered their price target on shares of Fiserv from $72.00 to $62.00 and set an “equal weight” rating for the company in a report on Friday, March 27th. B. Riley Financial decreased their price objective on shares of Fiserv from $69.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Royal Bank Of Canada set a $75.00 target price on shares of Fiserv and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald cut their price target on Fiserv from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Seven equities research analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $77.87.

Fiserv Stock Down 3.1%

Shares of NASDAQ:FISV traded down $1.62 during trading on Wednesday, hitting $51.09. The company’s stock had a trading volume of 2,271,946 shares, compared to its average volume of 7,873,643. Fiserv has a fifty-two week low of $47.04 and a fifty-two week high of $171.77. The business has a 50 day moving average price of $53.89 and a two-hundred day moving average price of $59.20. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $27.24 billion, a PE ratio of 8.66, a P/E/G ratio of 1.45 and a beta of 0.82.

Fiserv (NASDAQ:FISV) last released its earnings results on Tuesday, May 5th. The business services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $4.73 billion. Fiserv’s revenue for the quarter 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, research analysts expect that Fiserv will post 8.14 EPS for the current fiscal year.

Insider Activity at Fiserv

In other Fiserv news, CFO Paul M. Todd purchased 10,060 shares of Fiserv stock in a transaction that occurred on Wednesday, June 17th. The stock was purchased at an average price of $49.70 per share, for a total transaction of $499,982.00. Following the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.06% of the stock is owned by insiders.

Institutional Investors Weigh In On Fiserv

Several hedge funds have recently made changes to their positions in the business. Brighton Jones LLC grew its position in Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock valued at $872,000 after buying an additional 2,033 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of Fiserv by 5.3% in the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after acquiring an additional 116 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of Fiserv by 21.0% in the second quarter. Schnieders Capital Management LLC. now owns 2,782 shares of the business services provider’s stock valued at $480,000 after acquiring an additional 483 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Fiserv during the second quarter worth about $1,001,000. Finally, Gamco Investors INC. ET AL increased its stake in shares of Fiserv by 7.2% during the second quarter. Gamco Investors INC. ET AL now owns 5,200 shares of the business services provider’s stock worth $897,000 after acquiring an additional 350 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Key Headlines Impacting Fiserv

Here are the key news stories impacting Fiserv this week:

• Positive Sentiment: Fiserv is reportedly in talks or being considered for a sale of its STAR debit network to major U.S. banks, which could create shareholder value if a transaction materializes. Big US banks explore Fiserv network deal, WSJ reports
• Positive Sentiment: Barclays initiated coverage on Fiserv with an “equal weight” rating and a $58 price target, implying modest upside from current levels. Benzinga coverage on Barclays initiation
• Neutral Sentiment: Fiserv’s president, Dhivya Suryadevara, resigned for “good reason” under her offer letter, but will stay on briefly for transition support, limiting immediate disruption. Fiserv President Dhivya Suryadevara Resigns Citing ‘Good Reason’ Contract Clause
• Neutral Sentiment: Analysts noted that any sale of the debit network could face regulatory and political hurdles, which may limit how much of the rumored upside investors can price in. Regulatory and Political Risks Temper Upside From Potential STAR/Accel Sale
• Negative Sentiment: TD Cowen trimmed its price target to $63 from $64 and maintained a neutral stance, signaling limited conviction despite the recent rally. TD Cowen price target change

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.