Nixon Gordon M. purchased $372K of FISV

Fiserv (FISV) maintained its long-term guidance, targeting $1B in savings. CEO Georgakopoulos highlighted growth in Clover revenue (12% in Q3) and plans for international expansion. Banking attrition improved, and digital payments growth is expected from products like CashFlow Central. Fiserv plans a $500M share buyback in Q4 and aims for leverage below 3x.

Truist Securities raised its price target on Fiserv (FISV) to $65 from $51, maintaining a Hold rating. The stock is up 8.8% over the past week. Fiserv's Q3 2026 earnings met expectations, with adjusted EPS of $1.75 and revenue of $4.85 billion. Truist adjusted revenue and EBIT forecasts, citing foreign exchange rates and divestitures. Other analysts also updated price targets, with TD Cowen at $59 and Morgan Stanley at $61.

Fiserv's stock surged 26% in a week after its Q3 report, despite flat revenue and a goodwill writedown. The company doubled its savings target to $1 billion and resumed buybacks earlier than expected. Analysts note the stock trades below its usual multiple, but its performance depends on Q4 results. Rival Global Payments is reportedly in buyout talks, suggesting value in legacy processors.

Fiserv (FISV) has appointed Raj Seshadri to its board of directors. The move is part of the company's strategic focus on payments and data. Seshadri brings experience in financial services and technology to the role.

TD Cowen kept its Hold rating on Fiserv but raised its price target to $59 from $49, citing a 20.4% increase. The new target suggests a 1.0% upside from the Nov 3 close of $58.40. Recent analyst notes on Fiserv have price targets ranging from $59 to $72.

Fiserv (FISV) stock rose 6.7% after Q3 2026 results. Adjusted earnings were $1.75 per share, sales were flat, and the company reported a $11.17 loss per share due to a non-cash charge. Fiserv increased its cost-savings target to $1 billion, announced $500 million in buybacks, and maintained its full-year earnings forecast of $7.20-$7.40.