Fiserv (NASDAQ:FISV) Issues Quarterly Earnings Results, Beats Estimates By $0.22 EPS

06 May 2026, 10:20 by Renee Jackson · The Cerbat Gem

Fiserv (NASDAQ:FISV – Get Free Report) released its quarterly earnings data on Tuesday. The business services provider reported $1.79 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22, Zacks reports. Fiserv had a net margin of 16.42% and a return on equity of 18.39%. The firm had revenue of $4.68 billion during the quarter, compared to the consensus estimate of $4.73 billion. The business’s quarterly revenue was down 2.0% on a year-over-year basis. Fiserv updated its FY 2026 guidance to 8.000-8.300 EPS.

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

Fiserv reiterated full-year 2026 guidance with organic revenue growth of 1–3%, adjusted EPS of $8.00–$8.30 and an ~34% adjusted operating margin; Q1 results were in line with expectations (Q1 adjusted revenue $4.68B; adjusted EPS $1.79).
Management says execution on the One Fiserv plan is improving — client-facing headcount is up, time-to-resolve client inquiries is down 27%, high‑impact incidents down ~60%, and Project Elevate/AI efforts have identified hundreds of opportunities to boost revenue and efficiency.
Merchant momentum remains strong — Clover volume and GPV grew (Clover revenue +6%; VaaS = 27% of Clover revenue, +18% YoY), Commerce Hub transactions rose ~200%, and new partnerships and enterprise wins expanded reach despite Argentina-related revenue headwinds.
Financial Solutions continues to weigh on results with organic revenue down ~6%, core account attrition above long‑term trend, significant margin compression (segment margin 38.1% vs 47.5% prior year), and a Q2 trough expected before recovery in H2/2027.
Capital allocation disciplined — repurchased ~3.3M shares (~$200M) in Q1, finished the quarter with gross debt/adjusted EBITDA below 3.2x and targeting ~3.0x at year‑end, and management is evaluating dispositions to sharpen strategic focus.

Fiserv Stock Performance

Shares of FISV opened at $57.00 on Wednesday. The firm has a market capitalization of $30.44 billion, a PE ratio of 8.99, a P/E/G ratio of 1.95 and a beta of 0.84. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.08. The firm has a 50-day moving average price of $59.18 and a 200 day moving average price of $66.55. Fiserv has a 52-week low of $52.91 and a 52-week high of $191.91.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on FISV shares. Citigroup dropped their price objective on shares of Fiserv from $68.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. Truist Financial decreased their target price on Fiserv from $65.00 to $64.00 and set a “hold” rating for the company in a research note on Friday, April 24th. Stephens lowered their target price on Fiserv from $75.00 to $70.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Compass Point cut their price target on Fiserv from $78.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Loop Capital initiated coverage on Fiserv in a research report on Tuesday, March 31st. They set a “hold” rating and a $62.00 price objective for the company. Eight analysts have rated the stock with a Buy rating, twenty-seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Fiserv currently has a consensus rating of “Hold” and a consensus target price of $92.03.

View Our Latest Stock Report on Fiserv

Key Fiserv News

Here are the key news stories impacting Fiserv this week:

Positive Sentiment: Q1 EPS beat estimates (non‑GAAP $1.79 vs. ~$1.57 consensus); Clover GPV growth and other pockets of strength show product traction. FISV Q1 Earnings Beat Estimates
Positive Sentiment: Early rollouts of new small‑business tools (CashFlow Central inside Experience Digital) and continued product initiatives could support medium‑term revenue mix improvement. Assessing Fiserv Valuation As CashFlow Central Launch…
Neutral Sentiment: Company affirmed FY‑2026 adjusted EPS guidance of $8.00–$8.30 (roughly in line with consensus ~8.11), which limits near‑term downside but leaves little upside surprise baked in. Fiserv Reports First Quarter 2026 Results
Neutral Sentiment: Unusual options activity showed a rise in call buying, indicating some traders are positioning for a rebound, though this is noisy and not a firm signal.
Negative Sentiment: Revenue and organic growth missed expectations: GAAP revenue down ~2% Y/Y, organic revenue down ~4%, with weakness in Financial Solutions and mixed Merchant results — the primary driver of the share pullback. Fiserv misses quarterly revenue estimates…
Negative Sentiment: Margins contracted and the EPS beat was partly driven by a ~17¢ tax benefit — investors view the beat as less indicative of durable operating improvement. FISV Q1 Earnings Beat Estimates on Tax Benefits…
Negative Sentiment: Management’s earnings call emphasized near‑term transition pain (core banking attrition, cautious tone) and analysts reiterated conservative/hold views — increasing the risk of further multiple compression until growth stabilizes. Fiserv Earnings Call Balances Near-Term Pain…

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Tripletail Wealth Management LLC acquired a new stake in Fiserv in the fourth quarter worth approximately $27,000. Miller Capital Partners Inc. bought a new position in Fiserv during the fourth quarter valued at about $32,000. Triumph Capital Management acquired a new position in Fiserv during the fourth quarter worth about $35,000. Osterweis Capital Management Inc. bought a new stake in Fiserv in the fourth quarter worth about $43,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in shares of Fiserv during the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 90.98% of the company’s stock.

About Fiserv

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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.