Fiserv’s Strong Market Position and Growth Prospects Justify Buy Rating Despite Short-Term Challenges

Mizuho Securities analyst Dan Dolev has reiterated their bullish stance on FI stock, giving a Buy rating on June 6.

Dan Dolev has given his Buy rating due to a combination of factors including Fiserv’s strong execution history and competitive advantages in the global merchant acquiring business. Despite slightly lowering the price target from $200 to $194, Dolev remains confident in Fiserv’s management to achieve growth targets, particularly with the Clover asset and distribution network.
While there are some short-term challenges, such as the impact of Clover gateway conversions and a subdued second quarter, the outlook for the latter half of 2025 is positive. The anticipated acceleration in growth, coupled with the contributions from new sign-ups at CashFlow Central, XD, and Finxact, supports the Buy rating. The valuation at 16x the 2026 EPS estimate, which is a premium compared to peers, further underscores the confidence in Fiserv’s market position.

In another report released on June 6, TD Cowen also reiterated a Buy rating on the stock with a $233.00 price target.