FI Stock - Fiserv, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $20.46B | $19.09B | $17.74B | $16.23B | $14.85B |
| Gross Profit | $12.44B | $11.42B | $9.74B | $8.10B | $7.04B |
| Gross Margin | 60.8% | 59.8% | 54.9% | 49.9% | 47.4% |
| Operating Income | $5.88B | $5.01B | $3.74B | $2.29B | $1.85B |
| Net Income | $3.13B | $3.07B | $2.53B | $1.33B | $958.00M |
| Net Margin | 15.3% | 16.1% | 14.3% | 8.2% | 6.5% |
| EPS | $5.41 | $5.02 | $3.94 | $2.01 | $1.43 |
Fiserv, Inc., together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform. This segment distributes through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, financial institutions, and other strategic partners. The Fintech segment offers customer deposit and loan accounts, as well as manages an institution's general ledger and central information files. This segment also provides digital banking, financial and risk management, professional services and consulting, item processing and source capture, and other products and services. The Payments segment offers card transactions, such as debit, credit, and prepaid card processing and services; security and fraud protection products; card production; print services; and various network services, as well as non-card digital payment software and services, including bill payment, account-to-account transfers, person-to-person payments, electronic billing, and security and fraud protection products. It serves business, banks, credit unions, other financial institutions, merchants, and corporate clients. Fiserv, Inc. was incorporated in 1984 and is headquartered in Brookfield, Wisconsin.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 5th 2025 | BNP Paribas Exane | Downgrade | Neutral | $62 |
| October 30th 2025 | Argus | Downgrade | Hold | - |
| October 30th 2025 | B. Riley Securities | Downgrade | Neutral | - |
| October 30th 2025 | Goldman | Downgrade | Neutral | $79 |
| October 30th 2025 | Seaport Research Partners | Downgrade | Neutral | - |
| October 30th 2025 | TD Cowen | Downgrade | Hold | $80 |
| October 30th 2025 | Morgan Stanley | Downgrade | Equal Weight | $81 |
| October 30th 2025 | Bernstein | Downgrade | Market Perform | $80 |
| October 30th 2025 | Stephens | Downgrade | Equal Weight | $80 |
| October 29th 2025 | BTIG Research | Downgrade | Neutral | - |
| October 29th 2025 | Wolfe Research | Downgrade | Peer Perform | - |
| October 29th 2025 | William Blair | Downgrade | Market Perform | - |
| October 23rd 2025 | Citigroup | Initiation | Neutral | $128 |
| October 22nd 2025 | Wells Fargo | Initiation | Equal Weight | $130 |
| October 16th 2025 | Deutsche Bank | Downgrade | Hold | - |
Earnings History & Surprises
FIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q4 2025 | Oct 29, 2025 | $2.64 | $2.04 | -22.7% | ✗ MISS |
Q3 2025 | Jul 23, 2025 | $2.43 | $2.47 | +1.6% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $2.08 | $2.14 | +2.9% | ✓ BEAT |
Q1 2025 | Feb 5, 2025 | $2.48 | $2.51 | +1.2% | ✓ BEAT |
Q4 2024 | Oct 22, 2024 | $2.26 | $2.30 | +1.8% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $2.10 | $2.13 | +1.4% | ✓ BEAT |
Q2 2024 | Apr 23, 2024 | $1.79 | $1.88 | +5.0% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $2.15 | $2.19 | +1.9% | ✓ BEAT |
Q4 2023 | Oct 24, 2023 | $1.93 | $1.96 | +1.6% | ✓ BEAT |
Q3 2023 | Jul 26, 2023 | $1.81 | $1.81 | 0.0% | = MET |
Q2 2023 | Apr 25, 2023 | $1.57 | $1.58 | +0.6% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $1.91 | $1.91 | 0.0% | = MET |
Q3 2022 | Sep 30, 2022 | $1.69 | $0.75 | -55.9% | ✗ MISS |
Q2 2022 | Jun 30, 2022 | $1.55 | $0.92 | -40.7% | ✗ MISS |
Q1 2022 | Mar 31, 2022 | $1.35 | $1.02 | -24.4% | ✗ MISS |
Q4 2021 | Dec 31, 2021 | $1.56 | $0.50 | -67.8% | ✗ MISS |
Q4 2021 | Oct 27, 2021 | $1.44 | $1.47 | +2.1% | ✓ BEAT |
Q3 2021 | Jul 27, 2021 | $1.29 | $1.37 | +6.2% | ✓ BEAT |
Q2 2021 | Apr 27, 2021 | $1.13 | $1.17 | +3.5% | ✓ BEAT |
Q1 2021 | Feb 9, 2021 | $1.29 | $1.30 | +0.8% | ✓ BEAT |
Latest News
Fiserv Reaches Agreement To Settle And Fully Resolve Issues Raised In Qui Tam Action Filed In U.S. District Court For Eastern District Of Missouri
➖ NeutralSusquehanna Maintains Positive on Fiserv, Lowers Price Target to $99
➖ NeutralSeeking Alpha Quant warned about Fiserv months before crash
📉 NegativeJP Morgan Maintains Overweight on Fiserv, Lowers Price Target to $85
➖ NeutralUBS Downgrades Fiserv to Neutral, Lowers Price Target to $75
📉 NegativeCitigroup Maintains Neutral on Fiserv, Lowers Price Target to $75
➖ NeutralFiserv stock extends decline as details of strategy overhaul, guidance reset emerge
📉 NegativeBernstein Downgrades Fiserv to Market Perform, Lowers Price Target to $80
📉 NegativeArgus Research Downgrades Fiserv to Hold
📉 NegativeKeybanc Downgrades Fiserv to Sector Weight
📉 NegativeFiserv shares are trading lower after multiple analysts downgraded the stock.
📉 NegativeGoldman Sachs Downgrades Fiserv to Neutral, Lowers Price Target to $79
📉 NegativeRBC Capital Maintains Outperform on Fiserv, Lowers Price Target to $85
📈 PositiveKeefe, Bruyette & Woods Maintains Outperform on Fiserv, Lowers Price Target to $92
➖ NeutralFiserv downgraded at Morgan Stanley, Goldman Sachs to Hold-equivalent
📉 NegativeTruist Securities Downgrades Fiserv to Hold, Lowers Price Target to $75
📉 NegativeMorgan Stanley Downgrades Fiserv to Equal-Weight, Lowers Price Target to $81
📉 NegativeSeaport Global Downgrades Fiserv to Neutral
📉 NegativeWolfe Research Downgrades Fiserv to Peer Perform
📉 NegativeBTIG Downgrades Fiserv to Neutral
➖ NeutralFrequently Asked Questions about FI
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