Fiserv (FI) AI Stock Analysis

• Market Cap: $33.15B
• Dividend Yield: N/A
• Average Volume (3M): 12.18M
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.46
• Revenue Growth: 5.16%
• EPS Growth: 24.92%
• Country: US
• Employees: 38,000
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 2.04
• Shares Outstanding: 537,851,870
• 10 Day Avg. Volume: 28,157,768
• 30 Day Avg. Volume: 12,179,772
• PEG Ratio: 4.89
• Price to Book (P/B): 4.39
• Price to Sales (P/S): 5.81
• P/FCF Ratio: 23.48
• Enterprise Value/Market Cap: 2.99
• Enterprise Value/Revenue: 4.68
• Enterprise Value/Gross Profit: 7.75
• Enterprise Value/Ebitda: 11.22
• 1Y Price Target: $106.75
• Price Target Upside: 67.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 28
• EPS Forecast (FY): 8.72
• Revenue Forecast (FY): $19.88B

• Rating: 68 Neutral
• Price Target: $71.00 ▲(11.46% Upside)

Fiserv's strong financial performance and undervaluation are offset by bearish technical indicators and near-term risks highlighted in the earnings call. Strategic initiatives and leadership changes aim to drive future growth, but revised guidance and challenges in key segments present concerns.

Positive Factors

Revenue Growth

Clover's strong revenue growth highlights the success of value-added solutions and SaaS penetration, indicating robust demand and market position.

Strategic Partnerships

Strategic partnerships, like with Nubank, expand Fiserv's market reach and enhance its competitive advantage in international markets.

Cash Flow Management

Strong cash flow growth supports future investments and debt servicing, ensuring financial flexibility and long-term sustainability.

Negative Factors

Organic Revenue Growth Slowdown

Sluggish organic growth indicates challenges in maintaining momentum, potentially impacting long-term revenue expansion and market competitiveness.

Revised Financial Guidance

Revised guidance reflects recalibration of growth assumptions, highlighting potential difficulties in achieving previous targets and impacting investor confidence.

Challenges in Financial Solutions Segment

Decline in Financial Solutions revenue suggests segment-specific issues that could hinder overall performance and require strategic adjustments.

Fiserv Business Overview & Revenue Model

Company Description

Fiserv, Inc. is a global leader in financial services technology, providing a wide range of products and services to banks, credit unions, and other financial institutions. Founded in 1984 and headquartered in Brookfield, Wisconsin, Fiserv operates in several sectors including payment processing, account processing, risk management, and customer engagement solutions. The company's core offerings include payment processing solutions, digital banking platforms, and integrated financial technology services that help clients improve their operations and enhance customer experiences.

How the Company Makes Money

Fiserv generates revenue primarily through a subscription-based model and transaction-based fees. Key revenue streams include payment processing services, which account for a significant portion of its earnings by charging fees for each transaction processed. Additionally, Fiserv earns revenue from its software solutions and technology services, which are sold on a subscription basis to financial institutions. Partnerships with banks and credit unions enhance its market reach and provide a steady income stream through long-term contracts. The company's continuous innovation in digital banking and payments also contributes to revenue growth, as it attracts more clients looking for advanced technological solutions.

Fiserv Financial Statement Overview

Summary

Fiserv exhibits strong financial performance with robust revenue growth, solid profitability, and effective cash flow management. However, the slight decline in gross profit margin and increasing debt levels require monitoring.

Income Statement

Fiserv has demonstrated strong revenue growth with a TTM revenue growth rate of 22.7%, indicating robust demand for its services. The company maintains healthy profitability with a gross profit margin of 60.5% and a net profit margin of 17.0%. EBIT and EBITDA margins are also strong at 28.1% and 39.2%, respectively, reflecting efficient operations and cost management. However, the slight decline in gross profit margin from the previous year suggests potential cost pressures.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 1.20, indicating a balanced approach to leveraging. Return on equity is solid at 13.97%, showcasing effective use of shareholder funds to generate profits. However, the increase in debt levels over the past year could pose a risk if not managed carefully, especially in a rising interest rate environment.

Cash Flow

Fiserv's cash flow position is strong, with a free cash flow growth rate of 15.2% in the TTM period, highlighting effective cash generation capabilities. The operating cash flow to net income ratio of 0.28 suggests a stable conversion of income to cash. The free cash flow to net income ratio of 0.94 indicates that the company is generating ample free cash flow relative to its net income, supporting future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.16B	20.46B	19.09B	17.74B	16.23B	14.85B
Gross Profit	12.80B	12.44B	11.43B	9.74B	8.10B	7.04B
EBITDA	8.84B	8.84B	8.02B	6.83B	5.56B	5.10B
Net Income	3.61B	3.13B	3.07B	2.53B	1.33B	958.00M
Balance Sheet
Total Assets	79.37B	77.18B	90.89B	83.87B	76.25B	74.62B
Cash, Cash Equivalents and Short-Term Investments	1.07B	1.24B	1.20B	902.00M	835.00M	906.00M
Total Debt	30.20B	24.96B	23.90B	21.54B	21.24B	20.68B
Total Liabilities	54.23B	49.49B	60.22B	52.18B	44.30B	41.29B
Stockholders Equity	25.12B	27.07B	29.86B	30.83B	30.95B	32.33B
Cash Flow
Free Cash Flow	5.94B	5.06B	3.77B	3.14B	2.87B	3.25B
Operating Cash Flow	6.34B	6.63B	5.16B	4.62B	4.03B	4.15B
Investing Cash Flow	-2.98B	-2.40B	-1.07B	-2.11B	-1.63B	-341.00M
Financing Cash Flow	-4.10B	-4.17B	-4.36B	-2.48B	-761.00M	-3.84B

Fiserv Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 63.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FI, the sentiment is Negative. The current price of 63.7 is below the 20-day moving average (MA) of 100.31, below the 50-day MA of 118.84, and below the 200-day MA of 168.42, indicating a bearish trend. The MACD of -17.77 indicates Positive momentum. The RSI at 16.06 is Positive, neither overbought nor oversold. The STOCH value of 1.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FI.

Fiserv Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CTSH	80 Outperform	$36.03B	17.31	14.50%	1.72%	7.44%	-4.57%
JKHY	77 Outperform	$11.61B	24.28	23.45%	1.42%	7.75%	―
INFY	74 Outperform	$68.80B	20.81	29.15%	3.15%	4.62%	1.06%
WIT	73 Outperform	$28.36B	17.39	16.39%	3.18%	-1.97%	48.61%
BR	71 Outperform	$25.39B	27.81	38.21%	1.63%	8.57%	35.02%
FI	68 Neutral	$33.15B	9.85	13.64%	―	5.16%	24.92%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Fiserv Corporate Events

Fiserv, Inc. Reports Modest Revenue Growth in Q3 2025

Fiserv, Inc. is a leading global provider of payments and financial services technology solutions, recognized for its innovative platforms like Clover, and serving clients across the financial sector with a focus on account processing, digital banking, and e-commerce solutions.

Fiserv’s Earnings Call: Strategic Moves Amid Challenges

During Fiserv, Inc.’s latest earnings call, the sentiment was a mix of optimism and caution. The company emphasized strategic initiatives and leadership changes aimed at driving future growth, highlighting successful partnerships and expansion plans. However, challenges were also acknowledged, including revised financial guidance, a slowdown in organic revenue growth, and economic impacts from Argentina, particularly affecting the Financial Solutions segment, which contributed to a mixed outlook.

Fiserv Transfers Stock Listing to Nasdaq

On October 28, 2025, Fiserv announced its decision to transfer the listing of its common stock and several senior notes from the New York Stock Exchange to Nasdaq, effective November 11, 2025. This strategic move is expected to enhance the company’s market positioning and potentially offer better trading conditions. Additionally, Fiserv appointed Dhivya Suryadevara and Takis Georgakopoulos as Co-Presidents, effective December 1, 2025, and Paul M. Todd as Chief Financial Officer, effective October 31, 2025. These leadership changes are aimed at strengthening the company’s executive team and driving future growth. Furthermore, the company announced the retirement of two board members and the appointment of three new directors, effective January 1, 2026, to bolster its governance structure.

The most recent analyst rating on (FI) stock is a Buy with a $180.00 price target. To see the full list of analyst forecasts on Fiserv stock, see the FI Stock Forecast page.

Fiserv Announces Leadership Change in Financial Group

On August 25, 2025, Fiserv, Inc. announced a leadership change within its Financial Institutions Group, with John Gibbons transitioning from Co-Head to Senior Advisor, a role he will hold until February 28, 2026. Andrew Gelb, previously Co-Head alongside Gibbons, will take over as the Head of the Financial Institutions Group, signaling a strategic shift in leadership within the company.

The most recent analyst rating on (FI) stock is a Hold with a $144.00 price target. To see the full list of analyst forecasts on Fiserv stock, see the FI Stock Forecast page.

Fiserv Enters New Credit Agreement with JPMorgan

On August 12, 2025, Fiserv, Inc. entered into a new Credit Agreement with JPMorgan Chase Bank, replacing its prior agreement from June 16, 2022. This move, involving Fiserv Funding Unlimited Company, signifies a strategic financial restructuring, as the previous $6 billion revolving credit facility was voluntarily terminated, reflecting Fiserv’s evolving financial strategy and operational adjustments.

The most recent analyst rating on (FI) stock is a Buy with a $262.00 price target. To see the full list of analyst forecasts on Fiserv stock, see the FI Stock Forecast page.

Fiserv Completes $2 Billion Senior Notes Issuance

On August 11, 2025, Fiserv, Inc. completed the issuance of $2 billion in senior notes, divided equally between 4.550% notes due in 2031 and 5.250% notes due in 2035. This strategic financial move is likely to impact Fiserv’s operational capabilities and market positioning, offering flexibility in managing its debt and potentially enhancing its financial stability.

The most recent analyst rating on (FI) stock is a Buy with a $262.00 price target. To see the full list of analyst forecasts on Fiserv stock, see the FI Stock Forecast page.

Fiserv Announces $2 Billion Senior Notes Offering

On August 4, 2025, Fiserv, Inc. entered into an Underwriting Agreement with several underwriters for the sale of $2 billion in senior notes, split between 4.550% Senior Notes due 2031 and 5.250% Senior Notes due 2035. This public offering, expected to close on August 11, 2025, is part of Fiserv’s strategic financial operations, potentially impacting its market position and stakeholder interests by enhancing its capital structure.

The most recent analyst rating on (FI) stock is a Buy with a $262.00 price target. To see the full list of analyst forecasts on Fiserv stock, see the FI Stock Forecast page.