Discover Financial Merges with Capital One, Delists Stock

The latest announcement is out from Discover Financial Services ( (DFS) ).

Discover Financial Services, a company known for its financial services including credit cards, loans, and banking, has undergone a significant merger with Capital One. On May 18, 2025, Discover merged into Capital One, resulting in Discover ceasing to exist as a separate entity. This merger included the integration of Discover Bank into Capital One’s banking operations. As a result of the merger, Discover’s stock was delisted from the New York Stock Exchange, and its reporting obligations were suspended. The merger also led to changes in executive roles and board composition, with former Discover directors joining Capital One’s board. Additionally, agreements were made to mitigate tax impacts on certain Discover employees due to the merger.

The most recent analyst rating on (DFS) stock is a Hold with a $140.00 price target. To see the full list of analyst forecasts on Discover Financial Services stock, see the DFS Stock Forecast page.

Spark’s Take on DFS Stock

According to Spark, TipRanks’ AI Analyst, DFS is a Outperform.

Discover Financial Services exhibits solid financial performance with strong revenue growth and a healthy balance sheet. The technical analysis indicates a bullish trend, though caution is advised due to overbought signals. The valuation is favorable with a low P/E ratio and reasonable dividend yield. The recent earnings call highlights significant earnings growth, although challenges such as increased expenses and declining card sales need to be monitored. The merger with Capital One is expected to bolster market position and offerings.

To see Spark’s full report on DFS stock, click here.

More about Discover Financial Services

Average Trading Volume: 2,881,905

Technical Sentiment Signal: Buy

Current Market Cap: $50.34B

See more data about DFS stock on TipRanks’ Stock Analysis page.