What is Zacks Research’s Forecast for Fiserv Q3 Earnings?

Fiserv, Inc. (NYSE:FI) – Stock analysts at Zacks Research cut their Q3 2025 EPS estimates for Fiserv in a research note issued to investors on Wednesday, August 13th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings of $2.63 per share for the quarter, down from their prior forecast of $2.70. The consensus estimate for Fiserv’s current full-year earnings is $10.23 per share. Zacks Research also issued estimates for Fiserv’s Q2 2026 earnings at $2.84 EPS, Q4 2026 earnings at $3.37 EPS, Q1 2027 earnings at $3.12 EPS and Q2 2027 earnings at $3.24 EPS.

Fiserv (NYSE:FI) last issued its earnings results on Wednesday, July 23rd. The business services provider reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.43 by $0.04. Fiserv had a net margin of 16.00% and a return on equity of 19.69%. The company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.20 billion. During the same period in the previous year, the firm earned $2.13 earnings per share. Fiserv’s quarterly revenue was up 8.0% compared to the same quarter last year.

Several other equities research analysts also recently weighed in on FI. Robert W. Baird cut their target price on shares of Fiserv from $225.00 to $185.00 and set an “outperform” rating on the stock in a research note on Thursday, July 24th. Monness Crespi & Hardt upgraded shares of Fiserv from a “sell” rating to a “neutral” rating in a report on Monday, July 21st. Truist Financial upped their price target on shares of Fiserv from $181.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. Barclays set a $175.00 price objective on shares of Fiserv and gave the stock an “overweight” rating in a research report on Monday, July 28th. Finally, Tigress Financial increased their price target on shares of Fiserv from $244.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Fiserv currently has a consensus rating of “Moderate Buy” and an average price target of $207.08.

Fiserv Price Performance

Fiserv stock opened at $136.76 on Thursday. The company’s 50 day simple moving average is $156.98 and its 200-day simple moving average is $187.60. The company has a market capitalization of $74.34 billion, a price-to-earnings ratio of 22.83, a price-to-earnings-growth ratio of 0.88 and a beta of 0.91. Fiserv has a 1 year low of $128.22 and a 1 year high of $238.59. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.09 and a current ratio of 1.09.

Insiders Place Their Bets

In other Fiserv news, EVP Andrew Gelb sold 5,652 shares of the stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $160.00, for a total transaction of $904,320.00. Following the sale, the executive vice president directly owned 25,385 shares of the company’s stock, valued at approximately $4,061,600. This represents a 18.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Adam L. Rosman sold 2,512 shares of the stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $160.68, for a total transaction of $403,628.16. Following the sale, the insider directly owned 53,385 shares in the company, valued at $8,577,901.80. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.74% of the stock is currently owned by corporate insiders.

Institutional Trading of Fiserv

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Fiserv by 91.9% in the 4th quarter. Brighton Jones LLC now owns 4,245 shares of the business services provider’s stock worth $872,000 after purchasing an additional 2,033 shares in the last quarter. SageView Advisory Group LLC increased its position in Fiserv by 10.8% during the fourth quarter. SageView Advisory Group LLC now owns 1,536 shares of the business services provider’s stock worth $316,000 after acquiring an additional 150 shares during the period. CreativeOne Wealth LLC increased its position in Fiserv by 13.6% during the fourth quarter. CreativeOne Wealth LLC now owns 10,326 shares of the business services provider’s stock worth $2,121,000 after acquiring an additional 1,238 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in Fiserv during the fourth quarter worth $817,000. Finally, Jump Financial LLC boosted its stake in Fiserv by 116.0% during the fourth quarter. Jump Financial LLC now owns 8,148 shares of the business services provider’s stock worth $1,674,000 after buying an additional 4,375 shares in the last quarter. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payments and financial services technology services in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through Merchant Acceptance, Financial Technology, and Payments and Network segments.