Fiserv (NASDAQ:FISV) Announces Quarterly Earnings Results

Posted by Francis Steltz on Aug 8th, 2026

Fiserv (NASDAQ:FISV – Get Free Report) released its quarterly earnings results on Thursday. The business services provider reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.91 by ($0.07), Briefing.com reports. The firm had revenue of $4.96 billion for the quarter, compared to analyst estimates of $5.04 billion. Fiserv had a return on equity of 15.80% and a net margin of 13.42%.The firm’s quarterly revenue was down 4.1% on a year-over-year basis.

Here are the key takeaways from Fiserv’s conference call:

Fiserv lowered its 2026 outlook, now expecting organic revenue growth of -1% to flat, adjusted operating margins of 31%-31.5%, and adjusted EPS of $7.20-$7.40. The revision reflects Argentina-related weakness, delayed client implementations and enterprise ramps, slower growth initiatives, hardware headwinds, divestitures, and incremental technology spending.
Clover’s underlying momentum remained solid, with GPV growth of 9% reported and 11% excluding a gateway conversion, while revenue grew 13% excluding attrition and non-recurring items. Management maintained its medium-term outlook for 10%-15% GPV growth and 15%-20% revenue growth.
Second-quarter results showed pressure across the business, with total adjusted revenue down 4%, Merchant Solutions operating income down 14%, and Financial Solutions operating income down 27%. Financial Solutions revenue declined 8%, primarily because of unfavorable comparisons to higher non-recurring revenue in the prior year.
Fiserv generated $1.1 billion of second-quarter free cash flow, repurchased approximately $100 million of stock, and expects roughly 90% free-cash-flow conversion for 2026. Proceeds from planned divestitures are expected to support a combination of shareholder returns and debt reduction.
New CEO Takis Georgakopoulos is conducting a broad portfolio review to assess whether each product is best-in-class and strategically defensible, potentially leading to additional divestitures or alternative ownership structures. The company is also investing more than $100 million in the second half to improve Financial Solutions’ infrastructure, resiliency, and cybersecurity while targeting at least $500 million of Project Elevate savings.

Fiserv Stock Down 3.1%

FISV opened at $52.41 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.06 and a current ratio of 1.04. Fiserv has a fifty-two week low of $47.04 and a fifty-two week high of $140.42. The company has a market capitalization of $27.95 billion, a P/E ratio of 10.06, a P/E/G ratio of 1.69 and a beta of 0.80. The stock has a fifty day moving average of $51.77 and a 200-day moving average of $56.76.

Insider Transactions at Fiserv

In other news, CFO Paul M. Todd acquired 10,060 shares of the stock in a transaction on Wednesday, June 17th. The stock was acquired at an average cost of $49.70 per share, for a total transaction of $499,982.00. Following the completion of the transaction, the chief financial officer directly owned 184,107 shares in the company, valued at approximately $9,150,117.90. This trade represents a 5.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.06% of the stock is owned by company insiders.

Institutional Trading of Fiserv

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC grew its stake in Fiserv by 2.3% in the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock valued at $744,000 after acquiring an additional 98 shares during the period. Bison Wealth LLC lifted its holdings in shares of Fiserv by 5.3% during the 4th quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 116 shares in the last quarter. SkyView Investment Advisors LLC lifted its holdings in shares of Fiserv by 2.9% during the 4th quarter. SkyView Investment Advisors LLC now owns 7,052 shares of the business services provider’s stock valued at $474,000 after purchasing an additional 198 shares in the last quarter. WFA of San Diego LLC acquired a new position in shares of Fiserv in the 2nd quarter valued at approximately $55,000. Finally, Hilton Capital Management LLC grew its position in shares of Fiserv by 7.1% in the 2nd quarter. Hilton Capital Management LLC now owns 5,145 shares of the business services provider’s stock valued at $887,000 after purchasing an additional 340 shares during the period. Institutional investors own 90.98% of the company’s stock.

Trending Headlines about Fiserv

Here are the key news stories impacting Fiserv this week:

Positive Sentiment: Despite lowering its target, Susquehanna maintained a “positive” rating and set an $85 target, implying substantial potential upside from recent levels. Keefe, Bruyette & Woods also retained an “outperform” rating with a $65 target. Benzinga analyst ratings
Positive Sentiment: Recent insider activity has been supportive, with several company executives and directors reportedly purchasing FISV shares rather than selling them. This may signal that insiders view the selloff as excessive, although it does not offset the weaker operating outlook.
Neutral Sentiment: JPMorgan reduced its price target from $62 to $60 and moved to a “neutral” rating, while TD Cowen cut its target from $63 to $55 and assigned a “hold” rating. The targets remain above the recent share price, but the reductions indicate lower near-term confidence. Benzinga analyst ratings
Neutral Sentiment: New CEO Takis Georgakopoulos is attempting to reset expectations, with management emphasizing technology investment and a potential recovery in 2027. Investors may view the longer-term rebound opportunity positively, but it depends on improved execution and renewed client spending. Fiserv’s New CEO Resets Guidance as Headwinds Hit Growth
Negative Sentiment: Fiserv missed second-quarter earnings and revenue expectations. Adjusted EPS was $1.84, below estimates and down from $2.47 a year earlier, while revenue declined year over year amid margin pressure. FISV Q2 Earnings Miss Estimates on Margin Pressure
Negative Sentiment: Management cut 2026 adjusted EPS guidance to $7.20–$7.40 from $8.00–$8.30 and changed its organic revenue forecast from 1%–3% growth to flat or down 1%. Delayed client projects, weaker Argentine conditions, softer hardware sales and increased technology spending are weighing on results. FISV Q2 Earnings Call Resets Outlook

Analyst Ratings Changes

FISV has been the subject of a number of recent research reports. Mizuho reduced their price objective on shares of Fiserv from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Wednesday, May 6th. Morgan Stanley set a $59.00 target price on Fiserv in a research report on Friday. Royal Bank Of Canada reiterated an “outperform” rating and set a $65.00 target price (down from $75.00) on shares of Fiserv in a report on Friday. Loop Capital decreased their price target on Fiserv from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $55.00 price target (down from $60.00) on shares of Fiserv in a research report on Wednesday, July 22nd. Six research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Fiserv currently has an average rating of “Hold” and a consensus price target of $74.60.

Read Our Latest Report on Fiserv

Fiserv Company Profile

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Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.